quick little playAll ideas are strictly my interpretation of price action. I am not a professional trader nor is this
professional advice.
AUDCAD trade ideas
AUDCAD 4H TRADE IDEA LOOKING FOR SELL opportunities on after the break of the previous low , until that happens ill sit on my hands n wait
AUDCAD-SELL strategy 4-hourly chartThe pair starts feeling heavy, and the chances of lower GOLD price and steady OIL at the lower level,s may push it through the GANN support 0.9020 area. The AO also is negative, helping the strategy work perhaps.
Strategy SELL @ 0.9010 - 0.9035 and place SL above 0.9065. Profit order @ 0.8907.
AUDCADAUDCAD current trend is bullish, sentiments 91% bearish, bearish divergence, break of lower line of bullish channel and retested, so there is possibility for reversal, trade plan mentioned on the chart.
Another way to see Weekly SNR!!!OANDA:AUDCAD
Another way to see Weekly SNR!!!
Hope this helps somebody out there...
You just have to see how price action reacts with these zone to help you place your trades.
The coast is clearAll ideas are strictly my interpretation of price action. I am not a professional trader nor is this
professional advice.
I will continually update all trades.
AUDCAD Bearish reversalAUDCAD has completed the ABCD reversal pattern, a bearish divergence has formed, waiting for breakout of HL for a trend reversal. Therefore, a sell stop placed just below the previous HL.
audcad is bullish AUD/CAD is a so-called commodity currency pair is heavily reliant on commodity prices around the world. While Australia is the world's biggest exporter of iron ore, coal and aluminium oxide and one of the biggest exporters of petroleum gas and gold, Canada depends on its exports of crude oil, gold, sawn wood and raw aluminium. Any major price fluctuations of those commodities may result in the pair's rise or decline, depending on which economy suffers most.
factors affecting the AUD/CAD rate include general economic indicators, such as unemployment rates, inflation data and GDP, and the central bank decisions regarding the interest rates in both countries.
AUDCAD LongMarket Structure Bullish on HTF
Both Weekly and Daily at same AOi
Weekly Rejection at AOi
Daily Rejection at AOi
Around psychological Level
Daily Previous Structure Point
H4 EMA Retest
Candle stick Rejection
SOS 1:4.55%
Entry Signal 100% A
REMEMBER: Trading is a Game Of Probability
: Manage Your Risk
: Be Patient
: Every Moment Is Unique
: Rinse, Wash, Repeat!
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AUDCAD - Already Over-Bought 📉Hello TradingView Family / Fellow Traders. This is Richard, also known as theSignalyst.
📈 AUDCAD has been overall bullish, trading within the rising wedge in red.
At present, AUDCAD is approaching the upper bound of the wedge pattern acting as an over-bought zone.
Moreover, it is retesting a strong resistance zone in blue.
🏹 Thus, the highlighted red circle is a strong area to look for sell setups as it is the intersection of the blue resistance and upper red trendline.
📚 As per my trading style:
As #AUDCAD is hovering around the circle zone, I will be looking for bearish reversal setups (like a double top pattern, trendline break , and so on...)
📚 Always follow your trading plan regarding entry, risk management, and trade management.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
AUDCAD : Short Trade , 4hHello traders, we want to check the AUDCAD chart. The price has reached the specified resistance level after an upward movement. We expect this level to stop the upward trend of the price and the price will fall to around 0.89800. Good luck
AUDCAD: Bearish TrendAUDCAD is currently trading in descending triangle and it is expected to break down, we will take short entry after the break of pole low keeping the stop loss at the high of pole.
AUDCAD is showing completion ABCD.We can observe completion AB=CD. At PRZ we can observe divergence so we can take entry at the break of LH .
AUDCAD Short Trade Setup A #short trade opportunity recently presented itself on the #aussieloonie (#AUDCAD) #trading chart 📉.
This is indicated by the #bearish engulfing candlestick 🕯️ pattern just below the 0.90717 horizontal resistance level.
This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell).
Sufficient downward momentum should see price dumping towards the 0.88500 psychological level and possibly testing the strength of the 0.88046 horizontal support level.
As always, please apply appropriate risk management.
Happy trading!
#crosspair
AUDCAD Will Collapse! SELL!
My dear friends,
My technical analysis for AUDCAD is below:
The market is trading on 0.9059 pivot level.
Bias - Bearish
Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bearish continuation.
Target - 0.8998
Recommended Stop Loss - 0.9098
About Used Indicators:
A pivot point is a technical analysis indicator, or calculations, used to determine the overall trend of the market over different time frames.
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WISH YOU ALL LUCK
AUD-CAD - Prepare Sell Setup in 4 hours -ABCD harmonics ReversalAfter forming ABCD pattern, we have identified a clear divergence and plan for sell setup.
If the structure break previous HL we can see a decline in the price.
Key levels are defined with sell stop, TP1, Tp2 and SL.
Happy trading
Lets breakout of hereall analysis is based off of price action movement . everything is detailed on chart. this is not trading advise!
up we goAll trades are based on pure price action. i do a top down analysis to gain weekly, daily bias. i then use 4 hour price action with 1 hour time frame for entry..
ACTION ,CORRECTION ,REACTION.
these ideas are not trading advice. i am not a professional trader.
lets finish strongAll ideas are strictly my interpretation of price action. I am not a professional trader nor is this
professional advice.
