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AUDCAD trade ideas

AudCad Trade IdeaAudcad is looking solid this week for some longs. There was a clean shift to the upside around 0.90600. Price ended last week with a push to the upside. I'll personally be looking for price to pullback and retest 0.90812. Looking at the daily time frame we may even see price pullback to 0.90600 before going long again. As long as price respects 0.90600 price would still be considered bullish. I'll personally be waiting on either move to happen with targets around 0.91300-400.
Long
by OfficialJ23
1
AUDCAD LONGM Bullish Consistent HH & HL, EMA cross to upside W Bullish Price above EMA (sidewards) From PM Doji H,HL, Potential HH to be printed D Pull back could have already played out at bounce on 38.2, however if price continues lower ill expect bounce on EMA at 0.50 Fib Price finding support at EMA's, EMA sitting just above 0.50 Fib potential small gap down on Sunday open, if price approaches 38.2 will wait for double bottom or bounce at 0.50 for Buy stop ICMARKETS:AUDCAD
Long
by MarlyForex1
2
AUDCAD My Opinion! SELL! My dear subscribers, This is my opinion on the AUDCAD next move: The instrument tests an important psychological level 0.9100 Bias - Bearish Technical Indicators: Supper Trend gives a precise Bearish signal, while Pivot Point HL predicts price changes and potential reversals in the market. Target - 0.9065 About Used Indicators: On the subsequent day, trading above the pivot point is thought to indicate ongoing bullish sentiment, while trading below the pivot point indicates bearish sentiment. ——————————— WISH YOU ALL LUCK
Short
by AnabelSignals
1
AUDCAD Excellent buy signal on the 1D MA200The AUDCAD pair gave us an excellent sell signal last time (July 08 2024, see chart below) and easily hit the 0.9000 Target: This time, we have an established Channel Up with two Higher Highs and three Higher Lows priced in already. We are currently on the new Bullish Leg following the rebound on the 1W MA200 (orange trend-line). As long as this holds, we will treat every touch on the 0.786 as a buy opportunity, similar to the Triple Bottom of March - April. That Bullish Leg marginally surpassed the -0.5 Fibonacci extension to print its Higher High, so our Target will be just below it at 0.94000. ------------------------------------------------------------------------------- ** Please LIKE 👍, FOLLOW ✅, SHARE 🙌 and COMMENT ✍ if you enjoy this idea! Also share your ideas and charts in the comments section below! This is best way to keep it relevant, support us, keep the content here free and allow the idea to reach as many people as possible. ** ------------------------------------------------------------------------------- 💸💸💸💸💸💸 👇 👇 👇 👇 👇 👇
Long
by TradingShot
1
AUDCAD - Momentum Divergence and Bearish Pennant?AUD has had a strong run-up against the CAD and appears to be pausing with consolidation taking the pattern of a rising Bearish Pennant as well as a divergence between price and Momentum. This pause could precede a breakout to retest previous resistance/support levels and previous pivot highs/lows which are in close proximity, so high non-directional volatility could trigger tight stop-losses. Expectations amongst the retail traders are that it is due for a bearish retracement so there is a high likelihood of a bullish spike fueled by their stop-losses above the market prior to this retracement.
by fugutrader