AUD/CAD is forming a Bullish BAT pattern on 1 Hour TF.
AUD CAD downside move possible Selling below the 0.87130 Stoploss 0.87720 Target 0.85937
I am looking for short in Audcad. With Dxy also looking strong. Audcad may took out the low in daily frame
AUDCAD 4 Hour Analysis (11 August 2023) 1. Price is following the trendline 2. Also, we can see two zones, supply and demand areas, price can stay in this zone for a while 3. If the price breaks the trend, and also the DMI shows -DMI line crossing above +DMI and ADX, we can have one bearish entry 4. if price again takes support from the trend, we can...
Trade Idea: 📍 Entry: 🎯 Target: ⛔ Stop Loss: (MARKED IN CHART) 💡 RISK REWARD 1 : 4 💰 Risk 1% of your trading capital. ⚠️ Markets can be unpredictable; research before trading.Disclaimer: This trade idea is based on Elliott Wave analysis and is for informational purposes only. Trading involves risks; seek professional advice before making any financial...
support ka breakout kr chuka entry activate ho chuki h
resistance se double top bna kr fall ho rha h so wait for breakout of 0.78 retracement level
AUD CAD upside move possible Buying above the 0.89111 Stoploss 0.88592 Target 0.90279
AUD/CAD at an excellent support level. This is the previous breakout level where the market had tested the level several tines before breaking out, thus it is a key level in terms of the support and resistance. Expect the pair to bounce from here as the oscillators on the hourly time frame are also looking oversold. Some mean reversion can be expected and this is...
AUDCAD 4 Hour Analysis (20 July 2023) 1. Price is in bullish divergence with Stochastic 2. for bullish entries we can wait for the price to break 0.5 fib level 3. For any bearish entry, the price must break trendline and also 0.618 fib level 4. So, we need to wait for a proper entry, also we can take help from ADX/DMI for any trend confirmation on breakout.
CADAUD HOURLY CHART CADAUD has resumed its second leg of down move & has a target placed @ 1.1008. Perfect short setup
The AUDCAD respected the support. and formed the double bottom with a low swing stop loss. All levels are marked on the chart. --------Disclaimer----------- Charts are for educational purposes. Non-advisory, discretional.
AUDCAD 4 Hour Analysis (11 July - 12 July 2023) 1. Price is in a pattern, we need to wait for this pattern to break 2. If it breaks the 0.382 fib line and upper trend line, we can expect bullish entry 3. If it breaks the 0.236 line and also the lower trend line, we can expect bearish entry 4. Also, for the entries we can take confirmation from the RSI
We can look for sells at break and retest of resistance or else if it breaks resistance then look for buys after candlestick confirmation.
AUDCAD entered strong support trend line(blue),We can expect uptrand on upcomming weeks. Note:AUDUSD also break the trend line.
hello friends as you can see in 4 hr chart now market in support zone standing if market breakout support zone then wait for retest must check price rejection from support zone then you can short if market gap down open then you can buy after confirmation i hope you like my predication so please comment me and share with your friends gob bless you.
FOREXCOM:AUDCAD Hello traders , here is the full multi time frame analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. wait for more Smart Money to develop before taking any position . I suggest you keep this pair on your watchlist and see if...