Australian Dollar/Canadian Dollar

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Australian Dollar/Canadian Dollar forum


AUDCAD 0.879 day tf target could go lower.. swing trade, day candle strong bearish


AUDCAD Entry: around 0.89335 / 0.89310 ✅

Take Profit 1: 0.89250 ✅

Take Profit 2: 0.89200 ✅

Last Target: 0.89150 ✅

Stop Loss: 0.89377 ❌

TECHNICALLY ANALYSIS SATUP
FALLOW RISK MANAGEMENT ✅


AUDCAD waiting for the price to hit my area of resistance. get a pull back to my entry point to confirm a bear trend
Snapshot


AUDCAD sell limit
0.89500
TP : 0.89100
Sl : 0.89800


AUDCAD Bullish Confluence Analysis:
1. Daily Timeframe: Bullish daily candle closed after sweeping the previous day’s sell-side liquidity — indicating a strong rejection and potential shift in momentum.
2. 4H Structure: Price closed decisively above the key support/resistance level at 0.89300, confirming a break and potential continuation.
3. Daily Imbalance: A breakaway fair value gap (FVG) remains unfilled, with buyers showing strong intent by driving price higher — suggesting bullish pressure is still active.
4. Intraday Confirmation: Both 1H and 15M charts show breaker blocks and fair value gaps being filled, aligning with bullish targets and providing refined 15 min kill zone.

Happy trading peeps! 🐥

My new pair . USD pairs are terrible