Down Trend for AUD/CAD (May 7, 2021)
UP! UP! UP! for AUD/CAD (May 6, 2021)
Today (May 5, 2021) AUD/CAD will move up. Day for Bulls!!🐂🐂🐂
Strong Sell Position for AUD/CAD
Audcad Correction Before Impulsive move to the down side
The Forex market expected to move downside for (AUD/CAD) based on my own strategy.
Hello Folks, AUD CAD look bearish - its on over brought zone as per fib levels Target is 0.92951 which is 0.6 fib levels.
AUDCAD had returned to the area of resistance. So there will be possible down side move
AUDCAD is looking for a great buying opportunity to take the move to the upside & has the high probability to reach at the top after forming descending channel on 4h timeframe.
My Technical Analysis 1. AUDCAD broke the downtrend line on the daily timeframe and started its uptrend. 2. Price Respected the support zone on 4hr timeframe proving our buy bias. 3. Discovered a Divergence on the 1hr timeframe and price started a short term downtrend. 4. Recently Discovered another divergence on the 15min timeframe indicating a potential...
- BREAK AND RETEST METHOD - FIB ZONE CHECKED 38.2 - GOOD STRUCTURE ZONE - TREND CHECKED ** CAREFUL WITH YOUR ENTRIES USE PROPER RISK MANAGEMENT
Good setup marked all the structure zone. Perfect reverse flag in D timeframe. Let's see what market does. Use proper risk management. Do follow for more ideas. Thanks