DeGRAM | AUDCAD sell pullback AUDCAD is pulling back to the potential confluence zone, resistance level, and golden ratio of 61.8%.
The market is printing small candles, which means bulls are running out of steam.
Price action is likely to move down from the kill zone since we have a bearish trend and the current bullish move is just a pullback.
We expect a sharp move down.
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Audcadsignal
DeGRAM | AUDCAD target for longAUDCAD made a divergence on the 4H even though the trend is bearish.
Shallow lower lows indicate that the market has lost momentum.
Price action creates a double bottom at the support level.
Price action is likely to retest the resistance level.
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DeGRAM | AUDCAD trend continuation oppportunityAUDCAD is retracing to the confluence level, the fibo cluster, and the resistance level at 0.90500.
The market is making low lows and lower closes in the descending channel .
Price action is likely to move down from the kill zone since we have a bearish trend on the 4H.
We expect a trend continuation trade.
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AUDCAD top-down analysisHello 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 breaking the ascending channelAUDCAD is currently pulling back to the broken ascending channel's border.
The market is creating a potential H&S pattern following a double top formation.
Price action is likely to move down from the confluence zone..
We expect a pullback from the resistance level .
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DeGRAM | AUDCAD broke out of the descending channelAUDCAD is testing the support level of 0.91500 .
The market pulled back to the support level, which is the kill zone: support + 50% fibo.
If price action creates a double bottom, it is going to be double confirmation.
Price action is likely to retest the resistance level.
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AUDCAD BUYAlright so basically AUDCAD is going for a buy for about 200 pips plus before we can except a meltdown of a sell, a pullback needs to occur in price based on pure price action we would be expecting a buy, if you focus on this analysis you would notice before price broke the Trend line price first then created a W pattern which signifies that a possible reversal has occurred on the support level so we patiently wait for price to retest or retrace back before we can take our buys. Drop a Comment please on what you think on this Analysis or think about AUDCAD.
Thanks
DeGRAM | AUDCAD target for shortAUDCAD rebounded from kill zone at 0.91500.
Price action is likely to move down from the kill zone: the resistance + 61.8% fibo and bearish harmonic pattern .
We expect a pullback from the resistance level .
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DeGRAM | AUDCAD trend continuation oppportunityAUDCAD is pulling back to the kill zone: the fibo 50% level, resistance level.
The market is printing a potential equal-measured move AB=CD.
Price action is likely to move down from the kill zone since we have a bearish trend .
We expect a trend continuation trade.
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AUDCAD : Long Trade , 4hHello traders, we want to check the AUDCAD chart in the 4-hour time frame. After moving in a descending channel, the price has simultaneously reached the bottom of the channel and the key level of 0.90500. This level has played the role of a support level in the past and we expect this again. It will play a role for us and the price will have a correction towards the targets of 0.91400 and 0.92200. Good luck.
Lates Buy Setup on AUDCADHey Traders,
It's about time to wait for the Head and Shoulder pattern forming on the 1H TF to complete then wait for the price to successfully break above the CHoCH, aggressive trader can enter a buy while conservatives can wait for retest of the CHoCH before entering a Long position.
Watchout Guys!
AUDCAD Next Possible MovePair : AUDCAD ( Australian Dollar / Canadian Dollar )
Description :
Bearish Channel in Long Time Frame as an Corrective Pattern
Divergence
Break of Structure , Break the S / R Level and Completed the Retracement
Bullish Channel in Short Time Frame and Rejection from the Upper Trend Line
Fibonacci Level - 61.80%
DeGRAM | AUDCAD perfect kill zoneAUDCAD is pulling back to the kill zone: the fibo 50% level, resistance level, and channel border.
The market is printing a potential equal-measured move.
Price action is likely to move down from the kill zone since we have a bearish trend .
We expect a sharp move down from the zone.
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