Audcadtrade
AUD/CAD---CONTINUE THE DOWNTRENDThe Australian dollar initially tried to rally against Canadian dollar this past week, but as you can see, we continue to see a lot of selling pressure near the 0.93 handle. We have been grinding lower for a while and it now looks like we are getting ready to rollover to continue the overall downtrend. This does make a certain amount of sense, considering just how strong crude oil suddenly is. At this point, I anticipate that this market will revisit the 0.90 level.
AUDCAD 1D Analysis & Trading StrategyHello TradingView community and my subscribers, please if you like ideas do not forget to support it with your like and comment, thank you so much and we will start.
This is my opinion, I really hope this will be useful for you.
Be ready and take care your money. Have a great profit !
TELEGRAM : in description ( we will start on January 17, 2022 )
AUDCAD Trade IdeaQuasimodo Pattern sited! A great opportunity for buyers to get in at a good price.
In this video, I walk you through the setup so that you learn to do it on your own.
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I will be sending updates to this setup!
This will probably play out Sun/Mon. Would be nice to start the week with a banger trade, eh?!!
AUD/CAD:DOWNTREND CONTINUATION|TECHNICAL+FIBO ANALISYS|SHORT🔔Welcome back Traders, Investors, and Community!
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AUDCAD! From Bearish to BULLISH!My previous prediction of AUDCAD was correct. After reviewing the charts again and seeing price reach the previous low point in that area, I am now looking for price to reverse into a BUY once it breaks the green box.
See attached link below for previous prediction of AUDCAD...
I LOVE THE TECHINCAL APPROACH!
AUDCAD long trade signal - multi-timeframe analysisthe complete setup for AUDCAD in the monthly time frame and following the strategy about support and resistance strategy.
we found the price moving in the down channel but there is a historical important support area in the monthly timeframe, so we should respect it.
in the weekly timeframe, we couldn't admit that the price rejects the support area so we moved to the daily chart.
we found a strong uptrend and that trend is broken trying to reach the bottom of the highest high of the uptrend and that is what the market did.
so from this point, we are expecting the price will reject this area after the backtest and going up.
moving to the COT report we found a huge volume for selling CAD currency, so we decided to buy AUDCAD.
TRUST THE PROCESS
#EG-Finance