AUD_CAD SHORT FROM RESISTANCE|SHORT|
✅AUD_CAD went up sharply
But a strong resistance level was hit at 0.9178
Thus I am expecting a pullback
And a move down towards the target at 0.9120
SHORT🔥
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AUDCAX trade ideas
AUD-CAD Move Down Ahead! Sell!
Hello,Traders!
AUD-CAD is about to retest
A horizontal resistance
Of 0.9200 from where we
Will be expecting a
Further move down
Sell!
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Audcad.... BearishAs you can see price is in a clear down trend. Previous support is now resistance. I'm in for shorts . 0.9021 is my target area. Stops is pretty tight here. I believe price is ready to move. I think entries here are perfect.
AUDCAD Is Very Bearish! Short!
Please, check our technical outlook for AUDCAD.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.914.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.910 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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audcad bearishAudcad had formed a triangle formation above its uptrend. It broke it and tested it several times. From here it will pull back to the lower trend support.
AUDCAD: Bearish Move From Resistance 🇦🇺🇨🇦
AUDCAD may retrace from the underlined solid resistance.
As a confirmation, I see an inverted cup & handle pattern on an hourly.
Goals: 0.9123 / 0.9107
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AUDCAD BUY SETUP!!“Most traders take a good system and destroy it by trying to make it into a perfect system.” - Robert Prechter
AUDCAD BUY STOPAUDCAD is making lower Highs and lower Lows, it is in down trend but now it formed RSI divergence. it will likely to change its up trend into up trend so place the buy stop order above LH
BUY AUDCADAn imbalanced just filled up
Break of structure on the LTF
I started buying on thr retest
Now I’m looking to buy more after the bigger TF break of structure
AudCad Trade UpdateAnother set up I posted were AC shorts! Price ended up respecting the higher time frame lower low and ended up flipping structures after the pullback to confirm the bearish trend. Your targets should've been hit if you took the trade. A 1:3rr could've been secured on the trade!
AUDCAD Week 2Hello guys - Peace be upon you.
We got some mixed Bias on the AUDCAD. However we got some clearly sight on the Daily Bias. so we can expect another Bullish sweep Before it is going down.
Hope you like it :-)
AUDCAD broke downward channelAUDCAD on one hour chart has broken downward channel, rsi shows bullish divergence price has printed higher high currently price has taken a correction good opportunity for buying at current levels.
AUDCAD BULLISH MOMENTUM | 1H ANALYSIS aud/cad looks good in the upcoming market ' its a multi time frame analysis
entries and exit levels were marked on the chart in result of 1:10 risks to reward ratio
AUD_CAD BEARISH BIAS|SHORT|
✅AUD_CAD went down and
Broke the key horizontal
Level of 0.9180 and the
Breakout is confirmed
So we are bearish biased
And we will be expecting
A further move down
SHORT🔥
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AUDCAD SELL OFF?AUD/CAD refers to the currency pair that represents the value of the Australian dollar (AUD) against the Canadian dollar (CAD). Traders and investors often analyze this pair to make decisions based on economic indicators, interest rates, and geopolitical factors affecting Australia and Canada
AUDCAD Will Keep Falling!OANDA:AUDCAD AUDCAD is falling down
After the bearish breakout
Of the key horizontal level
Of 0.91695 which is now a
Resistance and we will be
Expecting a bearish continuation !
AUDCAD - Downside move !!Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect bearish price action after price filled the imbalance and rejected from bearish OB.
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AUD CAD H1The Australian dollar against the Canadian dollar was able to recover positively after withdrawing liquidity on the 4-hour frame, and accordingly we are looking to buy from the levels it is at now
And we put a pending buy from the levels of 0.91394
With our targets at the levels: 0.92818
Second target: 0.93750
Stop closing the hourly candle below the levels of 0.90775
OANDA:AUDCAD
AudCad Trade IdeaAudCad has been bearish for some time now. Price is currently at a higher time frame LL. If price can shift bearish on the smaller time frame then it would mean price is respecting the retest and will continue pushing to the downside. I'll personally be looking for a 1:3rr on this set up if the set up plays out as planned. I'll go long on the pair if price manages to push back above the higher time frame LL with smaller time frame bullish structures to support.
AUDCAD SHORTPrice has pulled back to major key support/ resistance zone. If respected, price to return to down trend movement for a 2.5:1 R/R
AUDCADBullish position on AUDCAD because
Broken Resistance
Rejected From FIB 0.5
Bullish Divergence on 1H and 15M
AUDCAD / SHORT / M15AUDCAD may come down from the Bearish Order Block
Bearish Order Block: 0.91437 and 0.91357
AUDCAD may see a downward move from the bearish order block, with a high probability that the trade could end in profit. I used Smart Money Concepts (SMC) to analyze the charts. Let's watch to see how the price behaves around this level.
AUDCAD / SHORT / M15
LOT :- 0.2
Entry Price :- 0.91355
Take Profit :- 0.91105
Stop Loss :- 0.91606
