Here we can see a high time frame resisting trendline . It is inviting sellers to go up side . But as it has travelled a lot it needs a retracment to move again . We should wait for breakout and be sideways to make sure a retracment. It would be a great 1:4 risk reward trade . I hope you guys would my analysis. Thank you
Dear Friends See the AUDCAD Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders & also Follow my Trading View Channel to get the Instant Notification of Every New Analysis.
AUDCAD is trading in Bullish trend with no divergence at top secondly at 0.618-0.78 fib support AND At horizontal support and making HL
place buy with risk defined below Last low
AUDCAD BREAKING A NECKLINE GOOD OPURTINITY TO BUY
in 30 min time frame audcad showing a a neckline
finally after waiting a lot it breaked the neckline
grab the oppurtinity with a good amount
niver hegitate it to trade with good amount
thankyou
AUD CAD PRICE will be DOWN FALL till AT 0.88458 price line marked in the chart take a SHORT ENTRY nd also follow for more live updates @TIME_TRADER_007
- AUD/CAD exactly followed the path
- IMO it's going to be crucial to watch out where the trend exactly goes
- It's very important to see that where the next liquidity grab happens
- From a trade perspective, I would like to hold on and not rush for trades
IMO my overall bias in this pair remains bearish
- It is currently getting rejected from a valued-based supply which shows more bearish behaviour and reaction
- Retracement is all I expect, however the market can always prove me and my analysis wrong no denial
- Longs can wait for the value zone to be tapped wait for the price on a HTF to build a bigger base...
Dear Friends See the AUDCAD Weekly Analysis, and also you can choose Martingale Strategy for select the Buy & sell orders & also Follow my Trading View Channel forget the Instant Notification of Every New Analysis
![AUDCAD: AUDCAD Buy [Swing]](https://s3.tradingview.com/h/H2rnolLk_mid.png "AUDCAD Buy [Swing]")
