Audcadsell
AUDCAD- Analysis Hello traders,
Hope you are having an amazing day and looking towards a profitable week ahead.
AUDCAD analysis shared with the ETGL group is playing out perfectly, anticipating further push to the downside before we make another rally to the highs.
Although we're approaching the end of the month, the market is likely to be more volatile than other days. However, the bias remains intact.
Looking forward to see how this trade plays out.
Good luck & happy trading.
ETGL TEAM 💛
AUD/CAD Hit All Targets +200 Pips, My Opinion For Next MovementThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUD/CAD Running In 40 Pips Profits, New Update For Next DaysThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUD/CAD Made Head&Shoulders Pattern ,Short Setup To Get 200 PipsThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUDCAD-SELL strategyThe pair is not very overbought, but it's extended a bit.
I feel we should be looking to SELL @ 0.9530-0.9580 area and take profit below 0.9400 and will update on that coming days.
Stop-loss likely not necessary providing we short at the higher levels as suggested, but of course it's up to the individual how they wish to trade.
More updates on this one.
AUD/CAD Running In 45 Pips , New Entry Added After 4h ClosureThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUD/CAD Trying To Give Us Good Bearish Price Action,Short Entry This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUDCAD SHORT As we can see with the pair, price has been moving in a bullish direction for several day. The current price behaviour seems to suggest that we might be in for a short term
bearish correction. Price is showing signs of exhaustion shown by a potential break of market structure which further suggestion a change from a bull to a bear market in the
short term. By looking at the Daily chart we can see a double top pattern formation and when we drop down H4 chart, this pattern becomes much more clearer. We can also
see a long bearish pin bar pattern which formed around the high of the current month. With that be said, we will be waiting for price to breakout and close below our key level
as confirmation of the trade setup .Once this breakout occurs we will than wait for the retest of this key level before looking for any entries. Our target area is located around
the low of the previous month of Feb. The potential risk reward for this particular trade currently stands at around 5.33 to 1. We plan to hold this until target is reach or until
price behaviour suggest otherwise and close the trade manually as per our trading plan.
AUD/CAD New Short Entry After 4H Closure For Confirmation This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
The Best Area To Sell AUD/CAD When We Have Bearish Price ActionThis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUDCAD-SELL++No change in view.
The pair is quite overbought, and we have added just now at 0.9415. The average SHORT is now 0.93815 with a reasonable leverage.
The reason for the stronger run is likely due to the gold price, which similarly reflects an overbought status.
The strategy is unchanged and we were short and added just now at current market 0.9415. The profit order is changed to 0.9287.
AUDCAD-SELL+The pair has run up nicely and it feels it is running out of steam. we are also overbought area now (not extreme), but good start to scale in to it.
My suggestion is to SELL 0.9320-30 area and take profit at 0.9227 for now. We will add on further price increases if seen, and will update on that. It does not move extremely fast so we have time to look into it, is my experience on this pair.