AUDCAX trade ideas
AUDCAD - Short from bearish order block !!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 price to continue the retracement to fill the imbalance and then to reject from bearish order block + institutional big figure 0.91000.
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AUDCAD-SHORTAUDCAD is trading in bearish momentum,price broke the support and now retracing from that support which has become a resistance now so we will take a short trade
AUDCAD: Bulls Will Push
Our strategy, polished by years of trial and error has helped us identify what seems to be a great trading opportunity and we are here to share it with you as the time is ripe for us to buy AUDCAD.
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AUDCAD - 4hrs ( Sell Trade Target range 200 PIP ) ✔️Pair Name : AUD/CAD
Time Frame : 4hrs Chart / Close
Scale Type : Large Scale
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spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons
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Key Technical / Direction ( Short )
Type : Mid Term Swing
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✔️Bearish Break
0.92100 Area
Reasons
- Major Turn level
- Visible Range Hvn
- Pattern Break
- Visible range Hvn
- Fixed Range Lvn
- D / Week High
✔️Bullish Reversal
0.89000 Area
Reasons
- Major Turn level / Month
- Major Triangle Pattern
- Choch / Bullish
- inner Counter
- Fibo Golden Zone
- Month High
- Day High + week Break
AUDCAD - Bearish on 1 hourAUDCAD has been making Lower Lows and Lower Highs and it has been retracing from the bearish trend line so if it breaks the Lower Low then price will go down further.
AUDCAD - Bearish ContinuationAUDCAD is in bearish continuation. broke the 4hr support area and then retraced at Fib level of 0.682 (new resistance) which apparently aligned with trendline as well.
Sell entry at Fib level of 0.5.
AUDCAD BUY OPPORTUNITY 4HR TIMEFRAMEOverall trend is an uptrend. Candlestick trend break of structure to upside now. Expecting price to reach demand zone (0.90820). Targeting price to reach order block (0.91887) but potentially continue to make a new higher high.
AUDCAD - Break of Trendline On 4 hrIn AUDCAD RSI div has been formed on 4hr and it has break the trendline (and Retesting it).
We are taking short entry on retesting of trendline.
AUDCADWe can attempt to short AUDCAD from specified level as it break HL , also bearish divergence occur indicate that it moves downward.
SL , TP mention in chart.
AUDCAD - Looking To Sell Pullbacks In The Short TermH1 - Bearish trend pattern
Strong bearish momentum
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AUD/USD Short and AUD/CAD ShortAUD/USD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
AUD/CAD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
AUDCADOn the daily chart we have a change of character indicating a shift in order flow from bullish to bearish.
Though we have a shift in order flow, the entry model is ranked moderate to weak, meaning there is a possibility price might push higher during correction. Either way, we are short on this pair.
AUDCAD Massive Long! BUY!
My dear followers,
This is my opinion on the AUDCAD next move:
The asset is approaching an important pivot point 0.9115
Bias - Bullish
Safe Stop Loss - 0.9087
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.9159
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
AUDCAD: Bearish Setup on Pullback to Key LevelsTechnical Analysis:
Higher TFs: Given the recent week's top rejection and inside bearish close, it appears that the bulls are running out of momentum. The last day's price action was a bearish continuation candlestick (lower low and lower close), indicating that the bears are in control.
The plan is to look for a short position on the lower timeframe by identifying a key horizontal level for a pullback.
4-Hourly Chart: My potential short trade is around 0.9149/53.
Sell Limit Entry: 0.9149/53
Stop Loss: Above 0.9162
Target: 0.9111
In case the price doesn't reverse from this zone, the next zone to go short would be:
Sell Limit Entry: 0.9173/76
Stop Loss: Above 0.9190
Target(s): 0.9149/53, 0.9111
AUDCAD FORECAST #AUDCAD
Base on ICT price action; there is liquidity above of consolidation area; market backs up in towards that area again; rejects and can reverse in towards the downside.
Based on RTM price action; Engulf is sign of market direction; the price will fall after touching MPL
AUDUSD FORECAST#AUDCAD
Base on ICT price action; there is liquidity above of consolidation area; market backs up in towards that area again; rejects and can reverse in towards the downside.
Based on RTM price action; Engulf is sign of market direction; the price will fall after touching MPL
AUDCAD pt 3it looks like price isnt quite making it to that zone however price is still bearish. I don't believe that price is all the way ready to drop yet. I could see price touching the zone again to then go bearish. If it doesn't do that I won't enter on this pair.
CAD interest rates out this weekinterest rate divergence would play a major role on this trade
CAD interest are coming out this week
Bearish reversal?AUD/CAD is rising towards the resistance level which is an overlap resistance that aligns with the 23.6% Fibonacci retracement and could potentially reverse from this level to our take profit.
Entry: 0.91548
Why we like it:
There is an overlap resistance level which lines up with the 23.6% Fibonacci retracement.
Stop loss: 0.91819
Why we like it:
There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement.
Take profit: 0.90926
Why we like it:
There is a pullback support level which is slightly below the 78.6% Fibonacci retracement.
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AUDCAD part 2Update on AUDCAD , if we scale into the 1 hour timeframe you can see price is starting to make it's way up into the zone, once it does that all we are waiting for is a bearish engulfing setup.
AUD/CAD has been showing bullish momentum recentlyThis technical analysis outlines a bullish stance on AUD/CAD, focusing on buying opportunities at discount levels with risk management through stop losses and profit-taking at the potential reversal zone identified by the Bat pattern. Traders should monitor price action and adjust their positions based on emerging market conditions and price movements.
Always consider current market conditions, economic events, and geopolitical factors that may impact currency pairs when conducting technical analysis and making trading decisions.
AUDCADpretty clean trade idea, two timeframes in sync and a strong zone that was previously used as resistance. We are now back under that zone and all we are looking for is for price to come back to that zone to create a lower high on the h4 hour.
