CADAUD trade ideas
💡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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💡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
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ForecastCity English Support Team ❤️
💡Don't miss the great buy opportunity in AUDCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.9150).
. 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 below the 21-Day WEMA, which acts as a dynamic resistance.
. The RSI is at 64.
Take Profits:
TP1= @ 0.9185
TP2= @ 0.9204
TP3= @ 0.9247
TP4= @ 0.9268
TP5= @ 0.9294
SL= Break below S2
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Trade well, ❤️
ForecastCity English Support Team ❤️
💡Don't miss the great BUY opportunity in AUDCADPlease show your support back,
Hit the 👍 LIKE button,
Drop some feedback below in the comment!
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Trade well, ❤️
ForexCity|Signal Team ❤️
💡Don't miss the great buy opportunity in AUDCADTrading suggestion:
". There is a possibility of temporary retracement to the suggested support line (0.9199).
. 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= @ 0.9278
TP2= @ 0.9312
TP3= @ 0.9339
TP4= @ 0.9378
TP5= @ 0.9411
SL= Break below S2
❤️ If you find this helpful and want more FREE forecasts in TradingView
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Trade well, ❤️
ForecastCity English Support Team ❤️
My first Orderblock Backtest!An H4 demand zone with good price action (SMFC) that hasn't been tested. Break of structure on the 1Hour time frame with a possible shift in trend while keeping in mind the news (red flag) creating volatility. Created a good reaction off the point of interest :). Experts in this strategy please feel free to be as critical as you can and point out if there's anything i missed or should correct. Thanks! excited to see how this plays out :D