As our previous analysis of ' AUDCAD ' we're looking for a long term buy up to the IMBALANCE area at least. As the market has shot up, this is another chance to get in!!
Setup Contains:
1. Stop Hunt (Sell Side Liquidity)
2. Break of Structure
3. Return To Orderblock (Expecting)
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Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.8874).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is below the 21-Day WEMA, which acts as a dynamic...
Good risk reward setup that i am looking at i will enter only after seeing rejection in the price
I COULD BE 100% WRONG AND I WILL NOT RISK MORE THAN 0.50% PER TRADE
Hello Traders,
Hope you all are doing good!!
I expect AUDCAD to go up after this correction.
Look for your BUY setups.
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Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve...
AUDCAD buy Trade opportunity It was running on range position and currently break out the resistance level and is now ready to retest breakout Level. It will be a good point to take a Buy trade on the Support Area
"Always trade with Stop Loss"
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Disclaimer!
This post does not...
AUDCAD ready to breakout
Audcad running on range position breakout resistance level if breakout with good bullish candle then waits some retrace and take a long trade as we mark on chart
Alternative Scenario If market close below short term support level then it will bearish trend and take short position after breakout short term support level
"Always trade with...
aud cad is running in uptrend as it is moving above 200 ma at 4 hour chart . price break the monthly reistance and move above . we are waiting for retest and then will trade in the direction of 4h trend that is bullish . tp will we next resistance 0.9232 . and the sl is below monthly resistance 0.9140
lets wait and see how the price react .
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.9204).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCAD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a...
