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Audcadsetup

AUDCAD-Bigger Trader coming soon Hy! Smart Trader, Welcome to My Analysis and forecasting Section on Trading view. We are Creative price action Trader. Join with us as we document the in's and out's of my trading journey. we are publish Multiple Time frame Analysis and forecasting (totally Free) Never Trade alone we really hope you enjoy All trade.. Disclaimer: the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions. _______________________________________________________________________________________________ Thank you for your support!
Short
by morshedul-munna
AUDCAD Head and Shoulder Inside a Rising WedgeHEAD AND SHOULDER in a RISING WEDGE <3 AUDCAD is forming a head and shoulder pattern inside a rising wedge. Approaching its daily dynamic resistance, it has made a "hanging man" candle which is a sign of rejection from the top. At the same time, AUDCAD has already passed EMA 9 20 and 50 which is a good sign for selling. If 0.8840 will be broken, this may start a 100 to 200pips drop for the bears. Do you agree? Please do leave a comment. Thank you.
Short
by JonJC
1
AUDCAD - Ascending Wedge / Potential Rejection📢AUDCAD 4H - Technical Breakdown 📈Price action has been trading within an ascending wedge since the large sell-off that saw bears take price levels down to the current range low at 0.80700. Since then price action has re-gained 800 pips to the upside. 📊The current market price is testing the ascending wedge overhead resistance at 0.88670 highlighted within the blue box, as price action looks over-extended it's best to assume a rejection will take place upon market open. A rejection should see price levels return to the support of the ascending wedge resulting in a low risk, high reward swing trade netting in excess of 200 pips.
Short
by SmithTradeSmart