CADAUD trade ideas
AUDCAD SHORT ON TREND CONTINUATION1.downtrend
2.prise is at resistance
3.stochatics abt to give overbought & sell signal
AUDCADAUDCAD SELL TARGETS GIVEN
Before Entering Trade do Your own Analysis it's Only for Educational Purpose
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AUDCAD ready to breakout AUDCAD ready to breakout
Audcad running on range position breakout resistance level if breakout with good bullish candle then waits some retrace and take a long trade as we mark on chart
Alternative Scenario If market close below short term support level then it will bearish trend and take short position after breakout short term support level
"Always trade with Stop Loss"
💡Don't miss the great buy opportunity in AUDCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.9235).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCAD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 73.
Take Profits:
TP1= @ 0.9282
TP2= @ 0.9303
TP3= @ 0.9321
TP4= @ 0.9346
TP5= @ 0.9376
SL= Break below S2
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audcad bullish LTF bearish HTF soonAUDCAD bigggg biggg opportunity... analysed volume analysed tdi analysed trend
long trade on aud cad aud cad is running in uptrend as it is moving above 200 ma at 4 hour chart . price break the monthly reistance and move above . we are waiting for retest and then will trade in the direction of 4h trend that is bullish . tp will we next resistance 0.9232 . and the sl is below monthly resistance 0.9140
lets wait and see how the price react .
AUD/CADin 4hour chart it looks like playing between support and resistance ................hahahah lol
Higher chances of long, but if broke drown support, then shortmarket is in between of ZIG ZAG in a trend line support and resistant, now it is very near to support and a mean resistant as well, but there is high probability to consolidate the market close to the resistant and then will broke the resistant after a short pull back.
good luck guys, have a great trading day
💡Don't miss the great buy opportunity in AUDCAD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.9055).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 71.
Take Profits:
TP1= @ 0.9100
TP2= @ 0.9148
TP3= @ 0.9192
TP4= @ 0.9237
TP5= @ 0.9296
SL= Break below S2
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ForecastCity English Support Team ❤️
AUDCAD LONGMarket in the Demand zone and it will goes up atleast 1000 Points from the current price.
AUDCAD Analysis on H1 Chart.AUDCAD overall is in Downtrend, Currently looking for Selling Opportunities in this market.
💡Don't miss the great buy opportunity in AUDCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.9204).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCAD is in an uptrend, and the continuation of the uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 70.
Take Profits:
TP1= @ 0.9248
TP2= @ 0.9273
TP3= @ 0.9301
TP4= @ 0.9331
TP5= @ 0.9351
SL= Break below S2
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in AUDCAD
Trading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.9269).
. if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCAD is in a range bound, and the beginning of an uptrend is expected.
. The price is above the 21-Day WEMA, which acts as a dynamic support.
. The RSI is at 55
Take Profits:
TP1= @ 0.9286
TP2= @ 0.9306
TP3= @ 0.9332
TP4= @ 0.9354
TP5= @ 0.9376
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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💎 Want us to help you become a better Forex / Crypto trader ?
Now, It's your turn !
Be sure to leave a comment; let us know how you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
This is called confluence of factorsSo first and foremost this trade can fail or don't start but as per technical analysis this is things that u need for good trade head and shoulders is good for reversal but best itlf we go with the trend
Keep learning and earning
Continuation Parttennobody has to act accordingly
who recognizes and acts it is in the advantage
Always remember what the market is giving you
Greed is the biggest loss
