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
shorts & longs break above the structure for longs & break below for shorts
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 UP WARDS TILL 0.88906 price take A LONG ENTRY after clear break out, nd follow for more live updates @FOREX_TRADER_007
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
looking for buys as it is forming a bullish flag this also adds more confluence to the trade as it is also showing more buys on higher timeframes
this is an anylisis of australian dollar vs the canadian dollar
If price falls to the marked zone, we may see pull back to the CMP. Please do your own analysis and trade only after two confirmations. All the best.
Confirmations:- 1] Order block entry 2] market stucture shift 3] abcd pattern 4] w formation 5] selling trend continuation Target confirmations:- 1] order block level RRR:- 1:5.5
Reason for short a) TST set up b) Weekly breakdown c) super vwap short d) Entry below the swing low is entry e) QQE short f) SL as indicated in the chart
- 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
AUDCAD Daily Swing Buy Idea. Confluences mentioned on the chart itself. Risk: 1-2% Expected Return: 3.5 RR
Audcad upside movement possible Buying above the 0.90540 Stoploss 0.88571 Target 0.94593
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...
Reason for long a) Trendline breakout b) weak decreasing bear candle c) Risky long d) Daily pattern looks pull back e) SL compulsory