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AUDCAD trade ideas

AUDCAD KEY LEVELS TO WATCH 121 BULLISH Hello traders, I hope you’ve had a fantastic trading week! This week we’ve been closely monitoring AUDCAD, and the market continues to offer a high-probability bullish setup, especially when we zoom out and line up our multi-timeframe structure. 🟩 Daily Chart – 1:1 Symmetry & Bullish Pattern As we can see on the daily timeframe, price respected the prior harmonic rhythm and completed a perfect 1:1 AB=CD structure at 0.89665. This symmetry lands exactly on a rising trendline from earlier this year and has already sparked a minor bullish reaction. XA = CD symmetry confirms harmonic balance. The entry level is 0.90085, with a stop below 0.89647. The price is now testing the structure from above — a sign of healthy re-accumulation. 🌀 4H Chart – Cypher Completion Holding On the 4H chart, the potential Cypher pattern has completed and so far held well. The CD leg dropped into the ideal PRZ and bounced, giving us a confluence with the 1D symmetry pattern. We’re monitoring a potential long trigger above 0.89916. This is a spot where bulls have to prove themselves — above the entry we may see momentum pick up again. 📊 1H Chart – Rectangle Channel Still Intact Dropping to the 1H view, AUDCAD continues to trade within a well-defined rectangle channel. We're yet to see a strong breakout from the 0.90292 upper level, but the tight consolidation just beneath it tells us accumulation might be in play. ✅ Conclusion Bullish structure remains valid from the daily down to the hourly view. We're now watching for volume and confirmation above 0.90085 and 0.90292 to open the gate for upside targets: 38%: 0.90716 62%: 0.91355 78%: 0.91835 Until then — we stay patient, protect risk, and let the structure mature.
Long
by TradeChartPatternsLikeThePros
1
AUDCAD Trading Opportunity! BUY! My dear subscribers, My technical analysis for AUDCAD is below: The price is coiling around a solid key level - 0.9004 Bias - Bullish Technical Indicators: Pivot Points Low anticipates a potential price reversal. Super trend shows a clear buy, giving a perfect indicators' convergence. Goal - 0.9043 My Stop Loss - 0.8981 About Used Indicators: By the very nature of the supertrend indicator, it offers firm support and resistance levels for traders to enter and exit trades. Additionally, it also provides signals for setting stop losses Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
AUD/CAD Short🔍 Technical Context: Market Structure: Price is in a long-term sideways range with lower highs. AUD/CAD is struggling to break above the 0.90–0.91 region, showing signs of exhaustion. Zone of Interest (Supply): Purple box: 0.9000 – 0.9100 A clean historical rejection zone that has acted as both support and resistance multiple times since 2022. Entry Type: Sell Limit @ 0.9070 placed slightly below the top of the resistance zone to increase likelihood of getting triggered on a spike. Stop Loss: 0.9175 – above multiple wick rejections and key structure highs. Allows breathing room for volatility without compromising the structure. Take Profit Targets: TP1: 0.8650 (conservative target at strong support) TP2 (optional extension): 0.8500 (major long-term range low) Risk-Reward Ratio: ~1:3 minimum to TP1, potentially 1:4+ if extended to 0.8500. 🧠 Strategic Notes: Trigger Conditions: Wait for a retrace to the 0.9070 zone rather than enter at market open. This is based on the idea that a final upward effort could grab liquidity and fill your limit. Monthly Candle Watch: Monday is month-end. Monitor the monthly close to determine if the structure still supports the trade idea. If the close is strongly bullish and you’re triggered early, be open to closing the trade early to avoid deeper drawdown. Why It’s High Probability: Multi-year horizontal structure Repeated failure to hold above 0.90 Candlestick wicks rejecting the same zone Fundamentals slightly favor CAD over AUD (higher real yields, oil correlation) Defined invalidation point and asymmetric reward
by tradercat2025
AUDCAD RE. CHANNEL AND KEY LEVELS Hello awesome traders i hope you have had a great trading week, let's have a look at the AUDCAD presenting a great trading opportunity. Price is breaking above the trendline breakout at 0.90931, signaling a potential bullish continuation. 📈 Trade Setup: ✅ Breakout Level: 0.90931 (Key resistance turned support) 🎯 First Target: 0.91732 (Mid-range resistance) 🎯 Second Target: 0.92816 (Upper resistance) ❌ Stop Loss: Below mid-support at 0.90122 🧐 Key Observations: 🔹 The breakout needs sustained momentum for confirmation. 🔹 A pullback to retest 0.90931 could provide a better entry. 🔹 If price fails to hold above 0.90931, a dip back to 0.90122 is possible. 📊 Market Sentiment: 📌 Monitor volume and momentum at the breakout zone. 📌 If buyers hold above 0.90931, it strengthens the bullish outlook. 🔥 Keep an eye on price action for confirmation before scaling in! 🔥 Have an amazing weekend, trade safe and may the pip be with you !!
Long
by TradeChartPatternsLikeThePros
2
AUD/CAD – Potential Bullish Reversal from Key Support📊 Chart Analysis 1️⃣ Accumulation Zone : The price previously traded within a rectangular consolidation range before breaking down. 2️⃣ Bullish Reversal Pattern : A falling wedge has formed, indicating a possible breakout to the upside. 3️⃣ Key Support : The price has tested the 0.8980 - 0.8970 zone multiple times and is showing signs of rejection. 4️⃣ Potential Upside : A breakout above 0.9030 - 0.9050 could confirm further bullish momentum. 🚀 Trading Plan: 📌 Entry : On a breakout above 0.9025 🎯 Targets : First target : 0.9100 Extended target : 0.9130 🛑 Stop Loss : Below 0.8965 to minimize risk. 🔔 Confirmation Needed: Wait for strong bullish price action before entering long trades. 🚀🔥
Long
by PIPsOptimizer
2
DCF: AUD-3 vs CAD+7Today, I’ve spotted a shorting opportunity on AUDCAD! DCF: Capital flow favors the Canadian dollar (+7) over the Australian dollar (-3). On the daily chart, the new downward move (Leg 1) signals the start of a fresh trend. Currently, the price is making its third reaction from the low, aligning with lower TF supply zones and the cyclical resistance line. The fourth time unit must form a red bar; otherwise, it suggests that the downward momentum is weakening, as reactions typically last only 1–3 time units before continuing. Ideally, identifying a Bull Trap—a bearish liquidity pattern—would serve as strong confirmation to add extra short positions.
Short
by UnknownUnicorn57818364
AUDCAD | Reoccurring FractalsWe're looking at 3 complete fractals and the fourth one being the current one. Same phase as the last, a bit of sideways trading/consolidation then aggressive buying breaking out to the upside. Price action has been trending upwards with HHs and HLs and we're currently at a Lower High bouncing off the lower trendline below. Would be ideal to look for long positions only for this setup as bulls are looking stronger from this view. ~300pips going into the 3rd wave.
Long
by Nathanl19
AUDCAD Approaching Key Support - Rebound Towards 0.90150?OANDA:AUDCAD is approaching a significant support zone, highlighted by previous price reactions and strong buying interest. This area has previously acted as a key demand zone, increasing the likelihood of a bounce if buyers step in. The current market structure suggests that if the price confirms support within this zone, we could see a bullish reversal. A successful rebound could push the pair toward the 0.90150 level, a logical target based on previous price behavior and current market structure. However, if the price fails to hold this support and breaks below the zone with momentum, the bullish outlook may be invalidated, potentially opening the door for further downside continuation. Monitoring price action and volume in this area will be crucial to confirm a valid setup. Just my take on support and resistance zones—not financial advice. Always confirm your setups and trade with solid risk management. Best of luck!
Long
by TrendDiva
25
AUDCAD: Important Zone Detected 🇦🇺🇨🇦 I see a test of a significant supply zone on AUDCAD. It is based on a recently broken horizontal support cluster and a rising trend line. I believe that the selling orders will accumulate within that area. Chances will be high that the price will drop from that at least to 0.898 support. ❤️Please, support my work with like, thank you!❤️ I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
Short
by VasilyTrader
1
AUD/CAD Buyers Aim to Establish a Short-Term UptrendTechnical Analysis On the hourly chart, AUD/CAD is attempting to complete a short-term bullish reversal pattern that began forming after the pair established a base at the psychological level of 0.90000. Buyers have successfully pushed the price above the resistance at 0.90189, gaining proximity to the 100-period moving average—a key area of interest. A sustained move above 0.90240 would confirm bullish continuation, exposing the next upside targets at 0.90306, 0.90378, and 0.90495. Momentum indicators support this scenario, as RSI trends higher and MACD shows expanding bullish bars. However, if sellers return and drive the price below 0.90000, the bullish setup would be invalidated, suggesting a renewed downside risk. Fundamental Drivers With no major releases from Canada, the focus shifts to Australian fundamentals. February’s PMI rebound suggests resilience in the Australian economy, providing a fundamental backdrop for AUD strength. Market participants will remain attentive to upcoming data, but in the short term, sentiment appears to favour the Aussie.
Long
by Errante
Buy audcadAUD/CAD Reversal Trade Setup: Key Levels to Watch Market Overview The AUD/CAD currency pair has shown a strong historical support level around 0.89867, where price has consistently bounced in previous weeks. This suggests a potential bullish reversal in the short term. Trade Setup Entry: Buy at 0.90246 Stop Loss (SL): 0.89867 (below key support level) Take Profit (TP): 0.91212 (next major resistance level) Analysis & Rationale Technical Support Zone: The 0.89867 area has acted as a strong demand zone, reinforcing a possible price rebound. Risk-to-Reward Ratio: This setup offers a favorable risk-to-reward ratio, ensuring optimal risk management. Trend Confirmation: A confirmed bounce off support will provide further confidence in the bullish momentum. Trading Plan & Execution Wait for a clear bullish confirmation at 0.90246 before entering. If price action aligns with expectations, gradually add positions on pullbacks while maintaining stop-loss discipline. Close the trade at 0.91212 or trail stop to maximize gains if momentum remains strong. This trade idea aligns with technical analysis principles, leveraging key support and resistance levels. However, always monitor market conditions, and adjust accordingly to maximize profitability. 📌 Risk Warning: Always use proper risk management strategies, and trade according to your personal risk tolerance.
Long
by Jazzy_Qmolautsi