CADAUD trade ideas
AUDCAD - Already Over-Bought 📉Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 AUDCAD has been overall bullish, trading within the rising wedge in red.
At present, AUDCAD is approaching the upper bound of the wedge pattern acting as an over-bought zone.
Moreover, it is retesting a strong resistance zone in blue.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper red trendline.
📚 As per my trading style:
As #AUDCAD is hovering around the circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
AUDCAD : Short Trade , 4hHello traders, we want to check the AUDCAD chart. The price has reached the specified resistance level after an upward movement. We expect this level to stop the upward trend of the price and the price will fall to around 0.89800. Good luck
AUDCAD: Bearish TrendAUDCAD is currently trading in descending triangle and it is expected to break down, we will take short entry after the break of pole low keeping the stop loss at the high of pole.
AUDCAD is showing completion ABCD.We can observe completion AB=CD. At PRZ we can observe divergence so we can take entry at the break of LH .
AUDCAD Short Trade Setup A #short trade opportunity recently presented itself on the #aussieloonie (#AUDCAD) #trading chart 📉.
This is indicated by the #bearish engulfing candlestick 🕯️ pattern just below the 0.90717 horizontal resistance level.
This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell).
Sufficient downward momentum should see price dumping towards the 0.88500 psychological level and possibly testing the strength of the 0.88046 horizontal support level.
As always, please apply appropriate risk management.
Happy trading!
#crosspair
AUDCAD Will Collapse! SELL!
My dear friends,
My technical analysis for AUDCAD is below:
The market is trading on 0.9059 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8998
Recommended Stop Loss - 0.9098
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
AUD-CAD - Prepare Sell Setup in 4 hours -ABCD harmonics ReversalAfter forming ABCD pattern, we have identified a clear divergence and plan for sell setup.
If the structure break previous HL we can see a decline in the price.
Key levels are defined with sell stop, TP1, Tp2 and SL.
Happy trading
Lets breakout of hereall analysis is based off of price action movement . everything is detailed on chart. this is not trading advise!
up we goAll trades are based on pure price action. i do a top down analysis to gain weekly, daily bias. i then use 4 hour price action with 1 hour time frame for entry..
ACTION ,CORRECTION ,REACTION.
these ideas are not trading advice. i am not a professional trader.
lets finish strongAll ideas are strictly my interpretation of price action. I am not a professional trader nor is this
professional advice.
AUDCAD - SELL
Return tp previous level pattern crossing trigger line
CCPV on MT4 cross over
Ova Extended Sentiment of Traders Targets
Could ic bac but has broken support already and done the retrace thing.
66.23 % chance of hitting Target 38 pips
Tae Partials
Trail stop closer as approaches target
: )
imho
AUDCAD: Potential Bearish ShiftAUDCAD printed AB=CD Pattern followed by a bearish divergence on RSI.
Potential Bearish shift is expected. Entry is suggested on the breakout of previous low.
Stop loss on previous high.
TP Levels are suggested based on RRR of 1:1 and 1:2
AUDCAD Silver Bullet ShortConfluences supporting this idea
1. bounce off the 100 MA
2. 1hr FVG
3. a liquidity pool on the sell side
4. a clear sweep of a previous day high
