Audcadanalysis
DeGRAM | AUDCAD breaking the ascending channelAUDCAD is currently pulling back to the broken ascending channel's border.
The market is creating a potential H&S pattern following a double top formation.
Price action is likely to move down from the confluence zone..
We expect a pullback from the resistance level .
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DeGRAM | AUDCAD broke out of the descending channelAUDCAD is testing the support level of 0.91500 .
The market pulled back to the support level, which is the kill zone: support + 50% fibo.
If price action creates a double bottom, it is going to be double confirmation.
Price action is likely to retest the resistance level.
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AUDCAD BUYAlright so basically AUDCAD is going for a buy for about 200 pips plus before we can except a meltdown of a sell, a pullback needs to occur in price based on pure price action we would be expecting a buy, if you focus on this analysis you would notice before price broke the Trend line price first then created a W pattern which signifies that a possible reversal has occurred on the support level so we patiently wait for price to retest or retrace back before we can take our buys. Drop a Comment please on what you think on this Analysis or think about AUDCAD.
Thanks
AUDCAD: Don't miss these sells...Price has formed significant equal lows near a key psychological level.
I expect price to play buyers, lure them in while wiping out seller liquidity only to return to sweep again.
If my theory is correct we should see pushes back up into the structure zone, followed by manipulation, then a rollover to the downside.
I like the look of this and will keep my eye on it, do you feel the same?
Let me know what you think in the comment section.
DeGRAM | AUDCAD target for shortAUDCAD rebounded from kill zone at 0.91500.
Price action is likely to move down from the kill zone: the resistance + 61.8% fibo and bearish harmonic pattern .
We expect a pullback from the resistance level .
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Two possible scenariosWe had a divergence which gave us the 0.90417 low and also a potential demand zone, price changed its character and pushed to the order block and got rejected. With this second retest I’m place, how the market reacts to this will determine whether price will drop to the demand zone or persistently push up to the supply zone, here we observe and see how it plays out…
DeGRAM | AUDCAD trend continuation oppportunityAUDCAD is pulling back to the kill zone: the fibo 50% level, resistance level.
The market is printing a potential equal-measured move AB=CD.
Price action is likely to move down from the kill zone since we have a bearish trend .
We expect a trend continuation trade.
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AUDCAD : Long Trade , 4hHello traders, we want to check the AUDCAD chart in the 4-hour time frame. After moving in a descending channel, the price has simultaneously reached the bottom of the channel and the key level of 0.90500. This level has played the role of a support level in the past and we expect this again. It will play a role for us and the price will have a correction towards the targets of 0.91400 and 0.92200. Good luck.
AUD/CAD short lining up Inv Cup and Handle to 0.8735AUD/CAD is forming a super Inverse Cup and Handle
We are getting the breakout below the brim level, and now just waiting for the price to close and the next candle to open.
That's when we'll get our official entry.
21>7 - Bearish
Price>200 - Bullish
RSI <50 Bearish divergence with lower highs and the price is making lower highs too.
Target 0.8735
AUDCAD - Expect retracement ✅Hello traders!
‼️ This is my perspective of AUDCAD .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional mid figure 0.915000.
‼️Attention!!! Due to the fact that we have news events on CAD on Wednesday and Friday, the analysis can be invalidated.
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AUD/CAD Multi-Timeframe & Order Flow AnalysisHello Traders, here is the full 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. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied. Please also refer to the Important Risk Notice linked below.