AUDCAX trade ideas
AUDCADhi everyone
here just a simple view of basic technical analysis
i think the bearish trend is end.
now bullish trend is commingggg?????
i dont know
this is my idea
DISCLAIMER
THIS IS NOT A SIGNAL
BE SMART AND DO YOUR OWN RESEARCH !!
AUDCAD - 4hrs ( sell Trade Target range 180 PIP ) Pair Name : AUD/CAD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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Key Technical / Direction ( Short )
Type : Mid Term Swing
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Bearish Break
0.90150 Area
Reasons
- Monthly Major Level
- Visible Range Lvn
- pattern Retest
- daily Hvn / Choch
- Fibo Golden Zone
- Quarter's Area
Bullish Reversal
0.88300 Area
Reasons
- Major Turn level / Month
- Major Triangle Pattern
- Choch / Bullish
- inner Counter
- Fibo Golden Zone
- Month High
- Day High + week Break
AUDCAD assembling a Bull-Run.[Breakout & retest]Price is still recovering from last year's Bear-Run
Firmly making its way up on an ascending trendline & channel
Price has also broken-out of our minor resistance
And is currently retesting the broken zone before pushing higher.
SELL AUDCADHello traders this is a wonderful trade!
I've been waiting for this break out for quite a while now and it has finally happened and I'm just itching to enter.
As you can see we have a well respected level here which will act as our breakout signal. After the breakout you can enter making sure your SL is protected.
AUDCAD BUY IDEAPrice broke structure to the upside, now we patiently wait for the retest to hit our fib levels and touch our 4hr demand level. tell me your thoughts on this
AUDCADLook for confirmation for sell trades in lower time frames.
There is another possibility that the price may rise to the 0.618 Fibonacci area and then fall there.
AUDCAD iAudcad i am on sell due to RSI showing selling indication should reach my target before lonfdon session or USA session lets go
us30share your thoughts. This is the chart on us30 us top 30 companies. Ithink this market is bearish upto the previous swing low
audgadthis is audcad technical analysis it looks like it is still in the flag. Judging if it is bullish or not is your own idea and you should do you research. Due to the rate differential of the aud and cad, you can see it.
AUDCAD In Bearish Trend ( Fundament + Technical )According to seassionality AUDCAD is bearish from mid July. I already mentioned buy entry with stop loss on the chart.
Moreover in COT report AUD positions of Smart Money is also decreasing from last two weeks.
If we allign seassionality + COT Data + Technical (4H Bearish Trend) We can clearly see a bearish trend.
Happy Trading :)
AUDCAD LONG starting off with the monthly Timeframe you can see a clear and respected triple bottom at 0.87029
Weekly timeframe a clear BOS at 0.90172 this shows buyers are in control
Daily timeframe having seen a pullback to 0.90172 seeing rejection this is a good sign we can go back to swing high
right now you can see sellers stepping in and trying to take control. from next week I can see price getting above 0.90650 this is where ill be looking for LONG positions
remember to do you're own research as well
AUD/CAD reversal to the UPTREND OANDA:AUDCAD is at a reversal zone, my bold take is that it wouldn't be surprising to see it go higher, as CAD devalues. What are your thoughts?
AUDCADAudcad is in a strong bearish scenario from the weekly timeframe to the daily down to the 4hr timeframe which we can see a clear downtrend meaning the bears/sellers are in control. On the 1hr we can see a double top pattern has formed and its neckline was broken and retested thereby the market giving us a good bearish engulfing confirmation to sell with our next target to be the next support zone at 1.88990 area.
AUDCAD A clear bearish trend structure which breaks a sub structure giving me more confirmation to go short
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
