Explaining the bearish sentiment on OZZY/CADHello traders,
Full breakdown on my thesis.
G3 is in full momentum. Stay sharp but don't lose your mind in the momentum!
NFA
AUDCAD trade ideas
AUDCAD: Bullish Stocks and Potential UpsidesHey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.91550 zone, AUDCAD is trading in an uptrend and currently is in a correction phase in which it is approaching the trend at 0.91550 support and resistance area.
Trade safe, Joe.
AUDCAD - Bearish TrendAUDCAD is moving in declining phase.
Trade will be triggered at breakout of Lower Low at 0.91847.
Bearish Divergence & Rising wedge also indicate sellers will remain in control.
AUDCAD is BearishPrice was in an uptrend, however a bearish divergence led to the break of not only previous lower high but also the trendline. Bears seem to be in control of the price action and hence if the momentum continues we can expect further slide in the price action. Targets are mentioned on the chart.
AUDCADLooking to buy aud due to fundamental reasons and looking for a weak cad due to fundamentals reasons.TA wise its on a nice area of demand and ect
AUDCAD ANLYSIS 2.0 GD FOR SHORTAUDCAD Trade Plan 🚀
🔻 Pattern Analysis:
AUDCAD has formed a bearish reversal pattern (Head and Shoulders) along with bearish divergence, indicating a potential decline.
📉 Entry Point:
Enter the trade at the current market price (CMP) of 0.92130.
🚨 Stop Loss (SL):
Place the stop loss at 0.92648.
🎯 Take Profit (TP) Levels:
TP 1: 0.91657 🎯
TP 2: 0.91096 🎯
🔧 Setup to Short Sell:
Entry Point: 0.92130
SL: 0.92648
TP 1: 0.91657
TP 2: 0.91096
📉 Good Setup to Short Sell 📉
🚀 Happy Trading! 🚀
AUD/CAD: AUD Is Very Strong Today Take That Chance Now since AUD is very strong today , it happens to be great for AUDCAD now as the price is standing at 71% fib level and around the up trendline so u can enter ur buy trade now.
to know where to put ur SL and TP check my latest idea i shared it all with full detailed i will leave it for u in the related ideas.
AUDCAD Bearish Trend Started?!i can see good bearish movement here, we are looking for rejection zones
AUDCAD - Sell SetupAUDCAD Broke trendline Support.
PRINTING LH's and LL's
Entry point at Retracement.
AUDCAD: Strong Trend Following Pattern 🇦🇺🇨🇦
AUDCAD is trading in a strong bullish trend.
The price has just tested a strong rising trend line on a daily.
The market formed a double bottom pattern on an hourly time frame on that
and violated its neckline.
I think that the pair will keep growing.
Next resistance - 0.923
❤️Please, support my work with like, thank you!❤️
AUDCAD Bearish MomentumAUDCAD just broke the trendline now in a phase where possibilities are retest of trendline. High Probability that the uptrend will change in to Down trend.
AUDCAD - Playing a Hidden Bearish DivergenceAUDCAD can be observed in a bearish trend. Wanted to play the hidden divergence so I tweaked by RSI parameters, found an hidden bearish divergence on a 1H time frame and placed a pending order of Sell Stop with 1:3 RR.
The Signal is:
EP: 0.91986
SL: 0.92080
TP: 0.91700 (1:3)
RR: 0.5%
Lots: 0.68
Falling towards 38.2% Fibonacci support?AUD/CAD is falling towards the support level which is an overlap support that lines up with the 38.2% Fibonacci retracement and could bounce from this level to our take profit.
Entry: 0.91753
Why we like it:
There is an overlap support that lines up with the 38.2% Fibonacci retracement.
Stop loss: 0.91495
Why we like it:
There is an overlap support that is slightly above the 61.8% Fibonacci retracement.
Take profit: 0.92388
Why we like it:
There is an overlap resistance level which aligns with the 61.8% Fibonacci retracement.
Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.
AUDCAD SHORTAS prices broke above a value area, we look to capitalize on the current bearish momentum to the down side. A close of the bearish candle confirms a evening star candlestick pattern, with a complete three touch pattern strengthens the bears momentum .
AUDCAD Buy IdeaOANDA:AUDCAD has been trading in ascending parallel channel. Currently, It's trading at premium fib levels of 61-78% of 1H recent range. Considering the fact that bank of canada has cut rate seeing inflation coming to expected target, we can look for buying setups
AUDCAD Day TradeFrom my understanding ,
Resistance of daily trend line will not be easily to bounce off
it will touch again before it change direction or breakout.
AUDCAD SHORT TRADEAUDCAD SHORT
Entry point :- 0.91711
Stop lose :- 0.92666
Risk :- 0.50%
Target 1 :- 0.9076
Target 2 :- 0.8980
AUDCADFirst buy order now.
Later if the price continue going down I´ll put another one.
thks.
blessings.
