AUDCAX trade ideas
AUDCAD: Bearish Forecast & Bearish Scenario
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the AUDCAD pair price action which suggests a high likelihood of a coming move down.
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AUDCAD BearishAUDCAD has formed divergence along with the rising wedge reversal pattern which indicates the possible trend reversal. A sell stop entry is placed at the breaking of the last higher low.
AUDCAD - Continuation TrendAUDCAD is printing a series of HH's and HL's.
Respecting trendline Support
Possible entry at 0.50 Fib retracement.
AUDCAD Sell signal emerging on a 3.5-year Resistance!The AUDCAD pair just hit on the week's opening the Lower Highs trend-line that was first initiated on February 22 2021. As the 1W RSI is just below its own 3.5-year Resistance Zone, the first strong long-term sell opportunity flashes.
Check below how the last AUDCAD analysis (May 29, see chart below) provided an excellent buy opportunity:
The more short-term pattern though since the September 25 2023 Double Bottom is a Channel Up and it is close to pricing its new Higher High. This is just above the 3.5 year Lower Highs trend-line, so we give the sell signal this much tolerance level for some deviation.
Our Target on the medium-term is 0.9000 (Support Zone 1, similar symmetry to the previous Higher Low on Support Zone 2).
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AUD/CAD 1HR // 08 July 2024 Analysis In the zoomed in picture we can see that the price approached the trendline and has started rejecting from it.
Let's see if it completely rejects our marked area of support and resistance too.
DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis.
AUD/CAD 1D // 08 July 2024 AnalysisWe can see a beautiful downtrend on AUD/CAD on the daily timeframe.
The price has just approached the trendline and is in our marked area of support/resistance.
A long term good sell opportunity can be seen if price respects and rejects from the trendline as well as the marked area.
A good target would be the 0.90600 area.
Another chart with the area zoomed in will be posted for reference.
DISCLAIMER: This analysis is purely for personal reference and record keeping and should be taken as educational material only, NOT FINANCIAL ADVISE. I will not be responsible for profits or loses due to this analysis.
audcad will give bullish movemakimng inverted head an shoulder pattern and break tha neckline , wait for retest to enter
AUDCAD: mid-term bullish channelDear Traders,
AUDCAD is seeing a long-term bullish channel!
There might be a reversal from middle of the channel
The last week triangle is not completely broken so we need to wait before long the pair!
Any breaks over the zone is a confirmation for trend continuation
But any strong reaction to the zone could create new short-term bearish channel.
AUDCAD bullish ideaIt is a bullish trend, the forex sentiment is actually the opposite so maybe it will continue to raise and fullfill its W pattern.
Good luck!
AUD/CAD Bullish Breakout AlertThe AUD/CAD pair has broken out of an ascending channel, indicating a bullish continuation. The breakout is supported by increasing volume, suggesting strong buying interest. Key support is at 0.91500, with the target set at 0.93500. This setup offers a promising opportunity for traders, provided the support holds. Keep an eye on this pair for potential gains.
CLEAR BULLISH TRENDHELLO TRADERS, AUDCAD is a clear bullish trend, we can all see Inv. H&Ss and there is a clear break of a neckline. retest is gonna come then we buy strong to our resistance.
NB:NO REVERSAL PATTERNS NO ENTRY.
AUDCADThere is an Order block at the rectangle spot, I am waiting for the pair to reach that zone which is also below the Friday low. I am waiting for the pair to buy to last week's high of 0.91800. I am waiting for the retest of the lower trendline at 0.90600. That will give a 1 to 4.5 RR
BULLISH AUDCADVery beautiful Trendline breakout followed by the retest on the 4 HR Time Frame. Multiple Supply and Demand Zones are broken to the upside. Definitely Bullish on this pair.
Good luck Traders Fingers Crossed!!
AUDCAD Possible Long Position BBMA OA Zone Zero Loss4H - Re-Entry
1H - 50 EMA Rejection + Bollinger Band
Rejection
15m - Entry in MAHILO
Note:
* Cancel trade or cut-loss when candle close Above MAHI (2 Red Color Lines) in 4H
* 1:3 RRR
* TAYOR
A combination of multiple moving averages and Bollinger Bands is the BBMA OMA Ally strategy. It provides an extensive and reliable examination of market trends and patterns by utilizing the strength of both indicators. It is a multi-time frame analysis
AUDCAD Rising WedgeIn the smaller H1 time frame, a rising wedge pattern can be observed. Then, in the H4 time frame, the candles are starting to lose upward momentum. The formation of a double top and the price breaking the trendline and pulling back provide a good reason for a short entry.
Sell Stop: 0.91520
SL: 0.91670 (15 pips)
TP: 0.91220 (+2)
AUDCAD: Short Trading Opportunity
AUDCAD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short AUDCAD
Entry Point - 0.9160
Stop Loss - 0.9182
Take Profit - 0.9119
Our Risk - 1%
Start protection of your profits from lower levels
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AUDCAD - Entering in Bearish TrendAfter following ABCD Pattern which was a Bearish Harmonic Pattern, the pair has made an Inverted Cup and Handle pattern which is a continuous patter. Inverted cup and handle pattern endorsed the trend reversal after PRZ is reached. I have sone my analysis on 15m time frame. No divergence is observed in this time frame.
The Signal is:
EP: 0.91538
SL: 0.91608
TP: 0.91470
RR: 0.5%
Lots: 0.98
ACdaily chart as you can see in daily chart we are in balanced range and we waiting for imbalance move to form
AUD CADAUDCAD we can see how weekly chart formed new trend of upward, if we got supportive fundamental data we will continue to rise up.
4th of July Special: AUDCAD Buy Signal – Celebrate with Pips! In this festive video, I'm sharing an exciting buy signal for AUDCAD just in time for the 4th of July! Let's celebrate Independence Day with a profitable trade opportunity.
We'll explore:
The key indicators and market conditions supporting the AUDCAD buy signal
Step-by-step analysis of the setup and potential price targets
Practical tips for executing this trade effectively
Risk management strategies to protect your investment
Join me as I break down this timely trade opportunity and provide insights to help you make the most of it. Don’t forget to like, comment, and subscribe for more trading signals and expert analysis. Let’s light up the markets and capture those pips together! 🎇💹
AUDCAD - Bullish ContinuationAUDCAD seems to be in bullish continuation trend. Broke the resistance at 1 hr and heading towards 4hr resistance area.
there is no divergence and trend is making good Higher highs and Lower Highs.
Buy at fib level of 0.5 with Stop Loss at previous Lower high
