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Audcadshort

AUDCADLooking at the above chart, its first supply zone is the only green candle in the downward move AUDCAD made from 0.9502 to 0.9253 and Price is. back to the strong level, and it is currently testing it. if the price gets rejected at this level, I would advise shorting to the recent low. Also, using the wave count, it shows AC is about to start a wave 5 movement downwards. The black trendline shows there is a divergence between price and MACD, which marks the high of wave 2 and wave 4. Please feel free to leave a comment and like if you agree
Short
by OwlswiftFX
AUD/CAD New Analysis And 2 Setups Are Available AUD/CAD New Analysis And 2 Setups Are Available 1- A Buy Trade To Our Sell Zone 2- A Sell Trade To 0.92000 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
by FX_Elite_Club
AUDCAD exhibits series of bearish signAUDCAD Is gradually declining within a downward channel and we can see the slowing of bullish momentum around 0.96500 and started its downward journey. After some minor fall another rising channel was formed and its collapsed towards 0.94000 and managed to reach around 0.96000. For the past two days its in uptrend as the CAD is relatively weak against AUD AUDCAD managed to reach around 0.93500 level. I am expecting AUDCAD will fall from 0.94000 level and will reach the 0.92000 area which is a key psychological level and lower trend line area Give us a like if you found useful
Short
by forexorbit
Dip Under the Deep Blue Line While price is still above the blue line, there will be no entry. Once we dip under the blue line, re-test as resistance and give confirmation of a bearish candle, one is free to go short. We missed the previous pull back opportunity of entry, hence the big stop loss. You can make it much tighter, but the big boys might want to have one more go at the bears for some liquidity before pushing the market down hard. If the manipulation is to happen, its lightly before our entry rules are stratified. Play it cool and let the market come to you. GOOD LUCK. :-)
Short
by Kani_forex
AUDCAD - Expect UpriseI would like to see a slight pullback to re-test the previous order block-level marked. The SL is protected by the daily ATR range and the TP is at a strong daily demand level. If we see price retrace slightly more I may consider setting a buy limit in hopes of getting a wick entry on this pair. The only thing that could be potentially detrimental to this idea is the AUD employment change figures on Thursday, so fingers crossed this setup will become available early in the week. COT Data - 56% Short
Long
by AlkalineFX