The AUDCAD pair broke out of a descending channel and successfully retested the breakout level, indicating that the downtrend was over and that the market was likely to move higher. This provided an opportunity for a long entry in the pair, allowing traders to take advantage of the potential uptrend.
We saw AUDCAD Short Because, AUDCAD Breakout Ascending Trend Line or move To 2nd Ascending Trend Line.
Price is on a high move to the bullish side based on past events, now I expect price to break it's recent resistance zone and test it before heading to the 0.95500 zone. Please share and give a follow. Thanks and have a great week.
AUDCAD Long Setup EP: 0.93340 SL: 0.93083 TP: 0.93862 RRR: 2.03
Reached sell reversal and expected little short Target 0.87800
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) FOLLOW PAFX & TRADE LIKE BANKS 💸
We forecasted and shared our view of AUDCAD, where we were looking for a BUY from the Liquidity candle on the 23rd of July. And, after 18+ days the full target has been achieved!! We got - 142+ PIPS, 1:2.6+ Risk to Reward Ratio!
Setup Contains: 1. Stop Hunt (Buy Side Liquidity) 2. Break of Structure 3. Returned To Orderblock FOLLOW PAFX & TRADE LIKE BANKS 💸
Setup Contains: 1. Higher Time Frame Structure 2. LTF Refinement 3. Stop Hunt (Sell Side Liquidity) 4. Structural break 5. Expecting return to the OB + LTF Confirmations for entry FOLLOW PAFX & TRADE LIKE BANKS 💸
Disclaimer: Everything posted on this profile is for educational purpose only. Reanalyze the chart before trading. Do comment to help me reach more audience.
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...
Amazing cup pattern, wait for a bullish candle or candleatic pattern and go long
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
AUDCAD can go further high after a retest of its previous resistance I CAN BE 100% WRONG KINDLY USE 0.50% AS SL
AUDCAD in strong rejection .so this right time to insvest in audcad in sell mode .dont fear any upand downs in between
Hello Traders, Hope you all are doing good!! I expect AUDCAD to go up after this correction. Look for your BUY setups. Please follow me and like if you agree or this idea helps you out in your trading plan. 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 is in parallel channel audcad: 1. buy at 0.91050 2. square off at 0.93000