AUDCAD A clear bearish trend structure which breaks a sub structure giving me more confirmation to go short
AUDCAD trade ideas
LONG AUDCADFalling wedge developed, looking at potential breakout at .90940ish
looking to head toward Feb high of .99908
Pretty new to this so don't take my advice haha, just throwing out an idea. All comments welcome positive and negative, I don't take these things personal
AUDCAD - Bearish Channel BreakoutAUDCAD's downward momentum has stalled on historical support as AUD news approaches.
Watch for a break of the upper channel with conservative targets given the possibility of a non-directional volatility over the news release.
AUDCAD Short Opportunity Overall Trend:
The price is in a downtrend, indicated by the sequence of lower highs and lower lows.
Moving Averages:
The 50-period Simple Moving Average (SMA) (red line) is above the current price, suggesting bearish momentum.
The 200-period SMA (blue line) is also above the current price, reinforcing the bearish trend.
Bearish Wedge:
The price broke down from a rising wedge pattern, indicating a potential continuation of the downtrend.
IDEA AUDCAD SHORT POSITION Pair : AUDCAD
Position : SHORT ( SELL )
Entry Price : 0.90050 STOP LOSS @ 0.90300
TP 1 @ 0.89700
TP 2 @ 0.89425
TP 3 @ 0.89000 ( Trailing SL )
100 Win Bet for the sale of AUDCADWe can see a prefect SMC structure here. Price has swept, Broken structure , created IDM and have taken the IDM out. Breaking the bearish breaker block whereby giving us a solid sell entry
100 Win Bet for the sale of AUDCADWe can see a prefect SMC structure here. Price has swept, Broken structure , created IDM and have taken the IDM out. Breaking the bearish breaker block whereby giving us a solid sell entry
AUDCAD to fallI believe there is a rising wedge pattern found on 1hr chart. if it breaks the bottom trend line I will enter Short (so will have to wait for the confirmation)
Daily chart almost rejecting SMA 100
Daily resistance area around 90100 - 90600
Volume is also dropping.
So this is my short with 1:1.5
watch out for the news :D
AUDCAD SHORTRe-analysis as price created new structure
Market structure bearish 30
Entry at Both Daily and Weekly AOi
Weekly Rejection at AOi
Previous Weekly Structure Point
Daily Rejection at AOi
Previous Daily Structure Point
Around Psychological Level 0.90000
Candlestick rejection Y
Rejection from Previous h4 structure
Levels 5.18
Entry 105%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
Linked previous Idea
Bearish drop?AUD/CAD is rising towards te pivot nd could could reverse to the pullback support.
Pivot: 0.90381
1st Support: -.89057
1st Resistance: 0.90834
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AUDCAD SELL IDEAOANDA:AUDCAD
The Weekly, Daily and 4H are bearish making my bias bearish. We have a rejection at Daily Resistance with entry based on a 4h bearish engulfing candlestick.
AUDCADAUDCAD is in bearish trend with no divergence at bottom and testing its 0.5-0.618 fib and showing bearish candles
short with risk define mentioned in charts
AUDCAD BEARISH SIGNAL!!!!!audcad bearish in daily timeframe
audcad bearish in daily timeframe
audcad bearish in daily timeframe
audcad bearish in daily timeframe
AUDCAD - Intra news tradeShort-term trade between 2 mid-impact news releases. AUDCAD was walking along support and is now consolidating in the shorter time frame.
There are defined support and resistance levels that it will likely want to test.
AUD/CAD is Heading Down Soon U Can Enter Now the pair is moving downwards strongly and gave us this amazing down wave around the fib levels
AUDCAD - SellI’ve initiated a sell trade for AUDCAD, targeting the 0.89258 level. The charts shows a pattern of significant fluctuations, with the price currently positioned for a potential decline towards this support level.
Using a strategy I’ve carefully developed, I anticipate downward movements, with the price likely to oscillate but ultimately trend downwards to 0.89258 over the next few weeks.
This target is long overdue. It's coming!
AUDCAD SHORTMarket structure Bearish on HTFs 30
Entry at Both Daily and Weekly AOi
Weekly Rejection at AOi
Previous Weekly Structure Point
Daily Rejection at AOi
Previous Daily Structure Retest
Around Psychological Level 0.90500
H4 EMA retest
Candlestick rejection
Rejection from Previous structure
Levels 1:5.11
Entry 120%
REMEMBER : Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
: Christ is King
AUDCAD - Triangle Breakout approaching NewsAUDCAD consolidating after some high volatility whipsawing.
AUD and CAD news is approaching so may see some volatility prior to the release as traders position themselves based on predictive sentiment and then a recurrence after the news as they factor in reality if not in synch.
There is a high likelihood of fake-break and returns to the pattern given the extreme range of opinions displayed through the recent previous breakout-and-reversal.
Possible AUDCAD, Bearish Moveprice on downtrend, with CHOCH on the daily, and 4hr also having BOS. price on a pull back to a sell zone to possibly continue the bearish movement.
Remember: Risk Management Very Important.
trend followingthe sellers are in control as the price is making a series of lower lows and lower highs also the breakout and retest is the entry point, there's a high chance that the market will continue trending down. bullish candlestick is our sign to sell the market
AUD/CAD - Bearish CampaignThe breakdown below the key-level support of 0.9034 strongly suggests that price action is on the move to the next big support level at 0.8860. We're taking a short position on the pair.
AUDCAD | Hidden Bearish Divergence
The AUDCAD chart shows the formation of a Hidden Bearish Divergence, indicating that the current uptrend may soon reverse into a downtrend. Additionally, there is high-impact CAD news today with the release of the CPI data.
On the chart, there is also the formation of parallel channels. We expect these channels to break soon, supported by the confirmation of the Hidden Bearish Divergence.
In summary:
1: Hidden Bearish Divergence: Indicates a potential reversal from an uptrend to a downtrend.
2: High-Impact CAD News: The release of CPI data today could significantly influence the price.
3: Parallel Channels: The chart shows parallel channels, and a breakout is anticipated soon.
These factors together suggest a potential shift in the trend, but it's crucial to monitor the news and conduct thorough analysis before making any trading decisions.
