AUDCADFOREXCOM: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 the rules of your strategy are satisfied...
Keep trading
Hustle hard
CADAUD trade ideas
AUD/CAD long entry at support The pair has been correcting for a long time and has now come to key pivot level on the hourly timeframe. This level has acted as support earlier after the breakout and with the pair so oversold a bounce at the first touch is a high probability. An exhaustion candle on the downside also seems to be forming which is generally indicative that some mean reversion in the pair is in the offing. Hence the bounce and the long entry looks like a good probability trade.
AUDCAD 4 Hour Analysis (20 June 2023)AUDCAD 4 Hour Analysis (20 June 2023)
1. Price is following an uptrend
2. we can observe consolidation near
trendline, it indicates strong break
when the consolidation will break
3. Also, we can see price is near all
the important fib lines
4. so for either bull or bear break,
we have to wait for the consolidation box
to break, then we can enter.
AUDCAD ShortFOREXCOM: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 the rules of your strategy are satisfied...
Keep trading
Hustle hard
AUDCAD 4 Hour Analysis (13 June 2023)AUDCAD 4 Hour Analysis
1. Price is in supply area
2. Price can retrace for sometime and then again can go up
3. Also, we can see some important Fib levels,
4. so, if crossing 0.736, a bull run but with retracement
5. else, due to supply area price can get bearish and come to 0.618 level
AUDCAD 4 Hour Analysis (9 June 2023)AUDCAD 4 Hour Analysis (9 June 2023)
1. Price is in strong supply area
2. we can see the important fib levels
3. Now, if price breaks KL1 we can
go for bullish but we have to wait for retest
4. Else, price is following the Fib and
supply area, so bearish continuation
AUDCADAUDCAD is moving in channel since long on bigger Timeframes.
It finally broke above the channel on 4h and 1h but the daily candle closed under again. So we either go short on breakdown below 50 EMa and strong level 0.88600 or we wait and see if a strong bullish candle forms & closes taking rejection from downside ( support from channel ) we can plan long then and target will be next resistance marked on the chart.
AUDCAD 4 Hour Analysis (17th May 2023)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.