Trade ideas
AUD CAD upside move possibleAUD CAD upside move possible
Buying above the 0.89111
Stoploss 0.88592
Target 0.90279
long AUD/CADAUD/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 the right level from where we can get it.
AUDCAD 4 Hour Analysis (20 July 2023)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 CHARTCADAUD HOURLY CHART
CADAUD has resumed its second leg of down move & has a target placed @ 1.1008.
Perfect short setup
AUDCAD LONG 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)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
AUDCAD SETUPWe can look for sells at break and retest of resistance or else if it breaks resistance then look for buys after candlestick confirmation.
Weekly analysis AUDCADAUDCAD entered strong support trend line(blue),We can expect uptrand on upcomming weeks.
Note:AUDUSD also break the trend line.
AUDCAD SHORT AFTER RETESThello 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.
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
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.
SELL in AUDCAD with the bearish pattern being formed now AUDCAD is forming a bearish pattern. Good short sell with the stop at 0.9070.
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 (14 June 2023)AUDCAD 4 Hour Analysis (14 June 2023)
1. Price is following an uptrend
2. Also, the price is following
important fib levels
3. If the trend breaks down, we have to wait
for a retest and if price crosses 0.382
we can expect strong bearish move
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 H4Friends we are predicting AUDCAD H4 Analysis, As this week AUD pair will be in Bullish condition
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
AUDCAD 4 Hour Analysis (7 June 2023)AUDCAD 4 Hour Analysis
1. Price is in important Fib Level
2. KL1 break for bullish move
3. KL2 break for strong bear move,
but it seems to be a bearish trend pullback,
so we can enter bearish at the range break
AUDCADIf we check daily Timeframe we can clearly see it closed under channel again thats why it could reverse down aswell.
