CADAUD trade ideas
AUDCAD - Short active !!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 from here as price filled the imbalance and rejected from OB.
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Potential upside from the bottom of the channelPotential upside from the bottom of the channel
I will be looking to position myself with my students and followers as highlighted on the chart if we get the confirmation.
Accumulation / Manipulation / Distribution
- No liquidity raid = No trade
- Never buy high and never sell low
“Adapt what is useful, reject what is useless, and add what is specifically your own.”
Dave FX Hunter ⚔
AUD/CADas we can see from aud/cad daily time frame there is a market shift that happen when price break previous demand zone.when we take a look at 4 hour time frame,price is heading towards supply zone a good area for bears to enter in the market .we can wait for the change of character to happen in 30 minutes so that we can enter in the market by selling aud/cad and targeting 4 hour demand zone.thanks you to be here,follow me for more analysis.
AUDCAD as Bearish SetupThe market has been running in a range zone for a long time The market has been moving sideways within a range for a long time. There have been a few false breakouts, but overall the market has stayed within its range. Breakouts can be seen. Now the price is at a resistance level where rejection of the market is confirmed by the closing of the market at the same level. Target is mentioned as the next support area.
AUDCAD Will Go Down! Short!
Please, check our technical outlook for AUDCAD.
Time Frame: 9h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.925.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.917 level.
P.S
The term oversold refers to a condition where an asset has traded lower in price and has the potential for a price bounce.
Overbought refers to market scenarios where the instrument is traded considerably higher than its fair value. Overvaluation is caused by market sentiments when there is positive news.
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AUDCAD complete the down pattern For this pair trade with H4 pattern. H4 should be trade below Simple Moving Average 50.
Possible short on AUD/CADThere is a lot of internal liquidity to take and also there is a huge gap that should be filled, so I set the first target on the beginning of the GAP an the second Target on the beginning of the order block, or what I consider order block. I think that could start a short because the price is arrived in a upper order block, and also for my past analysis I think that this pair is in a bearish configuration on a large time frame.
here is a free signal, waiting for a confirmationthis is how I plan to trade this pair, my confirmation will be a 4hr candle close below 0.92507...
AudCad Trade UpdateAC longs from yesterday are playing out as planned with price respecting the flip within the range. We can expect price to eventually tap back into the resistance level above. I'll personally be closing the trade once and if price can tap the alarm I have above. It's Friday, based on my trading journal for the past couple of years most of my trades don't hit targets too often. Some set ups just float in profit with no volume or I just end up getting caught in a range so to avoid all of that I'll close early. Ending another week with more than 3% secured.
AUD/CAD Bank Money Heist Plan on Bearish Side.Hello My Dear Robbers / Money Makers & Losers, 🤑💰
This is our master plan to Heist AUD/CAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal / Trap at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich 💰.
Entry : Can be taken Anywhere, What I suggest you to Place Sell Limit Orders in 15mins Timeframe Recent / Nearest Swing High
Stop Loss 🛑: Recent Swing High using 2h timeframe
Attention for Scalpers : If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money 💰.
Warning : Fundamental Analysis news 📰 🗞️ comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
Support our Robbery plan we can easily make money & take money 💰💵 Follow, Like & Share with your friends and Lovers. Make our Robbery Team Very Strong Join Ur hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Stay tuned with me and see you again with another Heist Plan..... 🫂
Trade updateSignal update provided to my subscribers… signals are free I just ask that you sign up with my broker
Support resistance
Macd
Supertrend
AudCad Trade IdeaI personally entered on some long positions for AC with price ranging between two solid levels. Entry for was a respect of support level with a clear structure flip. Price not only failed to break below support giving us a solid rejection but also broke above a lower high showing a clear change in direction. I'm personally looking for a 1:3rr here with targets being around a level of resistance.
Heading into 61.8% Fibonacci resistance?AUD/CAD is rising towards the pivot which has been identified as a pullback resistance and could reverse to the 1st support level which acts as an overlap support.
Pivot: 0.92526
1st Support: 0.91758
1st Resistance: 0.93021
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AUDCAD LONG Entry - Bullish Trend Based on recent corrective move followed by formation of Bullish engulfing candle.
AUDCAD Expected Growth! BUY!
My dear friends,
My technical analysis for AUDCAD is below:
The market is trading on 0.9187 pivot level.
Bias - Bullish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation.
Target - 0.9226
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
AUDCAD Update: Target Hit! Great news, traders! The AUDCAD pair has reached our target of 0.9226, as anticipated. 🚀
Trade Overview:
Entry Point: 0.9187 (Pivot Level)
Target Hit: 0.9226 🎯
Market Sentiment: Bullish
Both the Super Trend and Pivot HL indicators accurately signaled the upward movement, and the market delivered, hitting our target with precision. 📈
What’s Next?
With our target met, this is the perfect time to secure profits.
Watch for potential retracements or further bullish continuation, depending on market conditions.
Final Thoughts:
Successful trades like these remind us of the importance of following the trend and trusting our analysis. Congrats to everyone who capitalized on this move! 💼
Happy trading and here’s to more winning trades! 💹
AudcadAbout this chart be careful! We have different data between brokers. Specified low ( green circle) is lower low in JForex
AudcadAbout this chart be careful! We have different data between brokers. Specified low ( green circle) is lower low in JForex
Bearish reversal off 61.8% Fibonacci resistance?AUD/CAD is rising towards the resistance level which is an overlap resistance that aligns with the 61.8% Fibonacci retracement an could reverse from this level to our take profit.
Entry: 0.92436
Why we like it:
There is an overlap resistance level that aligns with the 61.8% Fibonacci retracement.
Stop loss: 0.93007
Why we like it:
There is a pullback resistance level.
Take profit: 0.91787
Why we like it:
There is an overlap support level.
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AUDCAD ShortsAUD/CAD Analysis
• Daily Timeframe: The pair is currently in an uptrend, following a trendline that has been respected so far. This indicates overall bullish momentum.
• 4-Hour Timeframe: A pullback appears to be underway, suggesting the price may retrace and test the trendline again. Recently, the pair formed a higher high, and I anticipate the formation of a higher low as part of the ongoing trend.
• 1-Hour Timeframe: The price recently broke a key support level on the 4-hour chart. This level is now being tested as a new resistance, indicating a potential reversal zone. The current move appears to be a bounce from the previous support-turned-resistance, setting up for a short-term move downward.
Trade Setup: This setup provides a potential risk-reward ratio of 1:4 for a quick trade to the downside. I’m expecting this scenario to play out before the end of the week.
