Audcadsignal
DeGRAM | AUDCAD broke out of the ascending channelAUDCAD is testing the support level as well as the psychological level of 0.89000 .
The market pulled back to the support level, which is the kill zone: support + 61.8% fibo.
If price action creates a double bottom, it is going to be double confirmation.
Price action is likely to retest the resistance level.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDCAD Long Term Trading IdeaHello Traders
In This Chart AUDCAD HOURLY Forex Forecast By FOREX PLANET
today AUDCAD analysis 👆
🟢This Chart includes_ (AUDCAD market update)
🟢What is The Next Opportunity on AUDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This Video is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts.
DeGRAM | AUDCAD confluence levelAUDCAD is testing the psychological level 0.91000.
The market made a complex pullback to the resistance level.
Also bearish harmonic pattern as additional confirmation.
We expect a pullback from resistance.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDJPY and AUDCAD Top-down analysis Hello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | AUDCAD psychological levelAUDCAD is pulling back to the confluence level: the fibo and psychological level.
The market made a complex pullback to the resistance level. Also bearish harmonic pattern as additional confirmation.
We expect a pullback from resistance.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDCAD : Short Trade , 4hHello traders, we want to check the AUDCAD chart in the 4-hour time frame. The price is moving in a descending channel and has pulled back to the previous floor that was broken. We expect this level to play the role of a resistance level for us and the trend Keep the price down and cause the price to fall until the specified targets. Good luck.
AUDCAD sell Entry : 0.89660
Stop : 0.90625 , Target1 : 0.88590 , Target2 : 0.87730
Risk/Reward Ratio : 2
AUDCAD _____ PLAN YOUR TRADESHello traders,
AUDCAD is a pair that I have been watching for some time now. Right now, it is trading in a very interesting demand zone. This chart is on the daily timeframe. I want you to go into your weekly timeframe and notice the candlestick on which the demand zone (yellow box) is based. You will notice a strong buying in that candle.
I have noticed this candlestick and how it affects price movement. Most traders focus on just candlesticks but I want you to also focus on a narrative of why the candlestick and the incoming move make sense.
Let's build a narrative,
1. The monthly chart is showing a retracement of bullish price action. In essence, we expect to continue the bullish move soon
2. The weekly chart also has the same bullish narrative as the monthly chart and is inside a strong bullish candlestick
3. The daily chart is showing that sell-side liquidity has been swept on its way to the weekly demand zone. We also have buy-side liquidity to go after.
Now that's how you build a narrative before you start looking for a buy setup.
Remember, because your narrative makes a lot of sense, does not mean the market must obey. That is why you must NEVER ignore risk management.
Follow me for more analysis.
Cheers,
David
20 Reasons for sell AUDCAD 🔆MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW☀️
1:✨Eagle eye: The market structure is bearish, and a doji bearish candle confirms the readiness for another impulsive move. There is no significant support until the target area, indicating the potential for a larger downward move in the coming years.
2:📆Monthly: A clear bearish impulse move is forming on the monthly timeframe, with the first pullback already completed. This suggests a strong downside move in the next few months, and there is also a triangle pattern present.
3:📅Weekly: The bearish structure continues on the weekly timeframe, with an inducement already completed. Price is following its downward trajectory, and another impulsive move towards both medium and larger targets is expected.
4:🕛Daily: Price is currently consolidating and has formed a spring with a high volume spike. There is a high likelihood of price retracing back to unmitigated Fair Value and Order Block areas before resuming its downward move. Sell entries are observed from higher areas.
😇7 Dimension analysis
🟢 analysis time frame: Daily
5: 1 Price Structure: Bearish
6: 2 Pattern Candle Chart: Breakout from a triple bottom pattern or a bearish liquidity sweep.
7: 3 Volume: High volume at the breakout, and the retracement is already completed, suggesting further downside.
8: 4 Momentum UNCONVENTIONAL Rsi: Sideways momentum.
9: 5 Volatility measure Bollinger bands: Price is currently at the lower band, indicating potential further downside movement.
10: 6 Strength ADX: Sideways strength.
11: 7 Sentiment ROC: AUD is weaker than CAD.
✔️ Entry Time Frame: H1
12: Entry TF Structure: Currently in a consolidation phase, waiting for a trigger event or breakout confirmation.
13: Entry Move: Impulsive move.
14: Support Resistance Base: Consider previous inducement and sweep areas as potential support and resistance levels.
15: FIB: Trendline breakout confirmation is awaited.
☑️ final comments: Sell at trendline breakout.
16: 💡decision: Sell.
17: 🚀Entry: 0.8964
18: ✋Stop Loss: 0.9005
19: 🎯Take Profit: 0.8843
20: 😊Risk to Reward Ratio: 2:3
🕛 Expected Duration: 5 days
AUDCAD MY PERSOANL VIEW TODAYBLACKBULL:AUDCAD
AUDCAD possible short scenarion for me .it tested supply zone you could say or resistance for me in this trade as i marked up as resistance area conflunce with ema.it got tested and broke stcature multiple times on 1H TF.
i always have two entries.
my second entry has not been confirmed yet.
fisrt entry :
Entry - 0.89937
Tp - 0.89497
Sl - 0.90245
RR - 1:1.43
AUDCAD MY BIAS TODAYBLACKBULL:AUDCAD
AUDCAD possible short scenarion for me .it tested supply zone you could say or resistance for me in this trade as i marked up as resistance area conflunce with ema.it got tested and broke stcature multiple times on 1H TF.
i always have two entries.
my second entry has not been confirmed yet.
fisrt entry :
Entry - 0.89937
Tp - 0.89497
Sl - 0.90245
RR - 1:1.43
DeGRAM | AUDCAD trend continuation oppportunityAUDCAD is pulling back to the confluence level: the fibo cluster, resistance level.
The market is making low lows and lower closes, indicating a bearish trend .
Price action is likely to move down from the kill zone since we have a bearish trend .
We expect a trend continuation trade.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
DeGRAM | AUDCAD major support levelAUDCAD is testing the support level of 0.89500 .
The market created a double bottom, which is a double confirmation.
Price action is likely to retest the resistance level since the market is consolidating on the 4H chart.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDCAD Signal 16May2023I've been waiting for this pair for the last 1 week, and soon I'm sure AUDCAD will have significant movement. If you see a bullish candle that is slowly being beaten by a bearish candle by forming a compression vase, there is a big enough possibility that the price will go down first to take liquidity below forming a false break, then the price will continue to be bullish
DeGRAM | AUDCAD breaking the psychological level at 0.9000 AUDCAD is testing psychological level at 0.9000
The market bounced off the confluence level, the fibo 50% level, and the resistance level.
Price action is likely to move down from the kill zone since we have a bearish trend.
We expect a breakout of the psychological level, followed by a trend continuation trade.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!