AUDCAD Trading Ideas 1. Inside candle can be found in daily timeframe 2. we are near the strong demand area 3. Two important key levels for bullish or bearish break confirmation
in this chart i market the valid market structure and valid OBs both cases are explained on the chart
Trading Ideas on AUDCAD 1. The price is inside the daily keylevels 2. If the Keylevel 2 breaks we can think for bearish entry 3. as the price is in strong demand and support zone so, if the price creates a zone, we need to wait for the zone or consolidation to break then we can go for bullish entry.
We saw AUDCAD Long Because, AUDCAD Descending trend Line Breakout or Retest Complete.
AUDCAD looking Good to Buy at CMP: Buy at CMP for Good Risk:Reward. @VishwajeetSharma
Buy at Live Price 0.90685 Risk Reward 1:2 See the chart for the levels
Short AUDCAD #intraday.. Trading near its Resistance Levels Marked on Chart..... @VishwajeetSharma
Price approach at area of value and made trend reversal pattern formation of double bottom with neckline break up of change of Character and taking pullback confluence at trendline we can expect buying opportunity once made proper price action
A major bearish structure has been broken. Waiting for the minor bearish structure to be broken and retested of a change of direction going long.
likely to go down on daily chart. after a small uptrend there is an head and shoulder patter
AUDCAD 4 Hour 1. Divergence in 4 Hour with RSI (Line Chart will give prominent divergence for this) 2. Still in Range and in strong Demand area 3. The circles indicating the market is still in bearish, so we have to wait for entry.
AUDCAD is making a great setup here , it may rebound from here as it's a strong daily support but if broken down and retest could be great idea for taking a short position here . Always lookout for a fake breakout . Be patient Take position only when you get confirmation or follow me to get updates on this idea . Get the great entry here
AUDCAD 4 HR 1. It created a range, we need to wait for entry 2. Expecting bullish movement based on BOS
AUDCAD 4 Hour 1. Creating chart pattern (We need to wait for break) 2. Creating divergence, so we can get some sudden trend change. 3. Key levels: Sudden bullish trend if break 0.91026, sudden Bearish trend if break 0.90293 Waiting for short bullish then bearish. So, we have to wait. For now, neutral.
AUDCAD 4 Hour Analysis: 1. Price is in one important demand zone 2. We can observe a trend, need to wait for breakout 3. MACD histogram is making divergence 4. MACD and Signal Crossover indicating bullish (Plan B: if Demand becomes support, we need to look for sell opportunities
1. Created a Demand and Resistance zone 2. divergence created already, will wait for trendline breakout 3. Also in 30 min a proper divergence, so will wait for entry. Prediction: after a correction it can break
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.