AUDCAD - 100 Pips Short PossibilityAUDCAD. AUD has not fallen against CAD while it has fallen against other currencies.
It is currently weak. We can expect a short sell 100 more pips if the 0.97 level stays unbroken.
*Let the 4H candle close and if it closes with a tick at least half the size of its body then we're good for a sell.
Happy trading.
Audcadsignal
AUDCAD Long the structure pull backAUDCAD Long the structure pull back
Broke Neckline and formed a cup and handle.
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Please note I am only providing my own trading information for your benefit and insight into my trading techniques,
you should do your own due diligence and not take this information as a trade signal.
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AUDCAD SHORT BUY MOVEMENTPair makes an incredible upward movement and is supported by the 0.9830 price level, so it will keep pegging upwards to go towards the end level at the 1.0050 level. Pegerakan quite promising because there is a line resitance and support lines side by side. If the price does not move down to the level of 0.9800 then this movement will continue.
A retrieval to the lower timeframe supports the move to the 1.0050 level so that a good enough level to take advantage is the 0.9990 level to get the first safe point. If the movement continues then the level of 1.0050 will be achieved.
AUD/CAD 100 Pips Oportunity - Bullish ContinuationAUD/CAD has consolidated in the 0.98 area for the past 2 weeks and does not seem to want to go back down.
This could potentially very well be a bullish continuation pattern if the current support holds.
We can expect it to go up at least 100 pips as soon as it breaks upward.
As always, I would like to remember you that risk management is key in success in this business.
Happy trading!
Long AUDCAD Setup Based on H&S Pattern & Multiple TimeframesThis research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
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Go Long on AUDCAD Longterm Based on 1H, 4H + 1D ChartsSorry this is one I forgot to add in this morning, I've already entered on AUDCAD but there is an opportunity arising to jump in soon.
30M has completed a Bullish Golden Crossover (EMA50 Above EMA200) and we are seeing the 1H chart is now preparing to cross over.
Price broke out of the short term bearish downtrend above the trend line and heading towards first TP @ 1.01018.
Looks like price will pull back to a previous support and I'm hoping for a bounce from around 1.00668 making a good entry for anyone looking to jump in on this trade.
Have moved Stop Loss up to now 1.00094
This research is for informational purposes and should not be construed as personal advice. Trading any financial market involves risk. Trading on leverage involves risk of losses greater than deposits.
Please comment below and Like if you agree with my analysis.