Audcadtrade
AUDCAD, LETS GO!*ENG*
- Price reaching our major supportive zone, we will be 1st looking for a possible reversal, giving us a long entry.
- If price breaks, we will be looking for the retest in order to enter short.
*PT*
- Preço a atingir a nossa zona de suporte, primariamente estaremos à procura de uma possível entrada para long.
- Caso o preço quebre, iremos aguardar pelo retest em ordem a fornecer uma entrada para short.
AUSTRALIAN DOLLAR / CANADIAN DOLLAR (AUDCAD)Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
AUDCAD - Ending the Month for with a LONG or SHORT Will AUDCAD continue going up or will it reverse back down?
AUDCAD has been rallying up the past days. Due to strong GOLD and weak US OIL.
However, CANADA is set to announce their economic plans next week.
Will this strengthen the CAD? If so, then we will be seeing a 300 to 500 pip move next week
AUDCAD ended the week with a break of previous week's high, will it be supported by BUYERS?
We will see next week. If you like my idea, please do click LIKE or COMMENT. And you may also follow me for more ideas.
Thank you!
AUDCAD LONG! Multiple Opportunities On 4HrPrice is at the moment trading below a trendline that's due for test.
Break of trendline to upside validates upside targets above trendline.
Note: Idea is to complement your research.
Check comments section for future updates on idea.
Like this idea? Like, Share, Follow, and Support channel for future content.
Thank you and happy trading.