AUD-CAD is retesting a resistance cluster AT 0.9080 Which makes me bearish biased on the pair And as we are already seeing some bearish price action I think that the next move will be downwards To retest the target level below AT 0.8890
The AUDCAD pair just hit the 1D MA50 (blue trend-line) after a rejection on the 0.95200 level. This resembles the February 25 2021 rejection of a similar 1-6 fractal in late 2020/ early 2021. We do expect a test of the 0.89125 low by Q3, however are prepared to take the loss and turn to buying if 0.95200 breaks, which is the invalidation line. Most recent AUDCAD...
With the current structure, the Aussie appear to extend gains above 0.95 in the coming week(s). As of the time of publication, a reversal set-up has been identified within the demand zone at the 0.934 area where we shall be looking for a signal to buy at a breakout of the key level which also serves as the neckline of the reversal structure. Risk...
AUD-CAD broke the rising trend-line Then went up to retest the broken level and horizontal resistance at 0.94300 From where I am expecting a local bearish reaction And a move down to retest the target below 0.91700
AUDCAD is in a long Bearish Trend . It Tends To create a New Higher Low but Seems like the zone is being proved more powerful preventing Price to go Up . A lot of consolidation also happened in the zone and now it seems price going down. It would be a Good 150 Pips Shorts Setup.
The scope of a very strong bearish momentum on the daily time frame and a reversal set-up (double top) within the major supply zone at C$0.92400 shares a confluence with the bearish trendline to signal a selling opportunity for us in the coming week(s). Tendency: Downtrend (Bearish) Structure: Supply & Demand | Trendline | Reversal pattern (Double...
Hi TRADERS this is my trade set up for the AUD/CAD AUD/CAD Is coming in to a area of interest, we have a nice rejection zone, looking for sell only This is my analysis only please trade with caution and risk management in place clean crisp charts I hope it helps if you have any questions please private message me good luck for this weeks trading please like...
#AUDCAD Looking for Buy trade setup as I mentioned in the Chart.! Keep Supporting LIKE, COMMENT And FOLLOW.! Thank You.!
Pattern: Bearish Megaphone on the 1D time-frame. Signal: Buy as the price hit the bottom (Lower Lows trend-line) of the Megaphone while the 1D MACD is about to print a Bullish Cross, which since August has signaled a rise. Target: The 1D MA200 with a rough projection at...
#AUDCAD As you can see the Bullish trend, Buy AUD. I already mention stop loss and take profit ratio in my chart. I believe this pair is going to shoot up. Might take some time but will get there.If you like my idea kindly follow me further updates. Thanks
AUDCAD has reach major support line and ready to grow up
I Except AUDCAD to buy after testing the Support level , worst case scenario is when the support get broken
N.B- AUD/CAD CREATE REVERSAL HEAD AND SHOLDER PATTERN. IF BREAK 0.94827 SUPPORT ZONE.THEN THIS ENTRY INVELID. SO,YOU CAN USE BUY STOP @0.95946 LEVEL. Hello Traders, here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I...
It appears that the rally that began early Dec 2020 has found a reversal point as the appearance of a Double Top structure becomes visible. Tendency: Downtrend ( Bearish ) Structure: Reversal pattern (Double Top) | Breakdown | Supply & Demand Observation: i. DT: Bearish technical reversal pattern forms after the price reaches peak @ CA$0.99000 two...
Pattern: Bearish Megaphone on 1W. Signal: Sell as the price got rejected after breaking the 1W MA200 and the MACD is in a position to make a bearish cross. Target: 0.9091. Previous AUDCAD signal: ** Please support this idea with your likes and comments, it is the best way to keep it relevant and support me. ** !! Donations via TradingView coins also...
we will start selling this pair once it will reach near sell zone guys if u like our idea support us we appreciate ur likes & comments follow us for more updates