Aud-cad
AUDCAD bearish continuation | 7th Dec 2021 Price is abiding to the descending channel, signifying bearish momentum. We can expect a drop from the pivot level in line with 38.2% Fibonacci retracement and 61.8% Fibonacci projection towards take profit level in line with 161.8% Fibonacci projection. Our bearish bias is further supported by the price holding below the Ichimoku cloud.
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AUD/CAD Short IdeaHello Traders
Why short AUD/CAD?
- Price is moving inside of descending channel.
- A mid-term support structure has been broken and we can see touches toward it.
- Short term trend is bearish.
(*PS: Market still is too risky due to new corona variant, so manage your accounts carefully).
Thanks for Reading
Team Fortuna
-RC
AUD CAD Long Entry AUD CAD has just had a 0.45% sell-off towards the area of a key support zone, (0.90934). The price was previously consolidating for a period but then broken through the support level of 0.9138. This level is now the resistance zone and the target for this long entry. The RSI levels are very oversold on the 4hr chart which complies with the long entry. The support level for this trade is at the April low of 0.90203.
AUD CAD short idea
AUDCAD has seen some solid movement to the upside this morning, with the price increasing by just under 0.4%. This movement happened when the price came down and reached a confluence zone where price has reacted too in the past. On the 4hr chart, the RSI levels are very overbought and have just crossed, indicating a drop-in price is likely. The initial target for this trade is at the zone mentioned above,0.9172 level, following that secondary profit targets is at the support zone of 0.91396.
AUDCAD short moving nicely along 🙌POW reversal strategy in use here for this trade.
Trade details for current trade are shown on the chart.
Working a straight forward 1:1 RR and looking for 39 pip move to hit target.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red arrow is entry point and purple line is stop loss.
Previous trade can be seen on chart also for reference.
As with every idea trade history and log can be seen at the foot of this trade idea too for full transparency.
The report box tabs when pressed it shows all you need to know about the strategy performance.
You as the viewer of this idea can also do that so go ahead and have a play.
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I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
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Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
AUDCAD can break the support? 🦐AUDCAD on the daily chart is testing for a 4th time a weekly support.
The price is in a downtrend and tested the 0.382 Fib level after the last bearish impulse.
According to Plancton's strategy if the market will break below and satisfy the ACADEMY conditions we will set a nice short order.
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Follow the Shrimp 🦐
Keep in mind.
🟣 Purple structure -> Monthly structure.
🔴 Red structure -> Weekly structure.
🔵 Blue structure -> Daily structure.
🟡 Yellow structure -> 4h structure.
⚫️ Black structure -> >4h structure.
Here is the Plancton0618 technical analysis , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the Plancton0618 strategy will trigger
AUDCAD sell has alerted 🔔📳POW reversal strategy in use here for this trade.
Trade has just alerted and details are on the chart.
We are working the 30M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red arrow is entry point and purple line is stop loss.
Previous trade can be seen on chart also.
As with every idea trade history and log can be seen at the foot of this trade idea too for full transparency.
The report box tabs when pressed show all you need to know about the strategy performance.
You as the viewer of this idea can also do that so go ahead and have a play.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
AUDCAD Long Entry AUDCAD has just had a -0.91% correction towards the support level of 0.914. When the price had done this previously the pair shot up by 0.97%. As the price fell towards this level there has been some buying activity, indicating that this support level has been respected. The RSI levels also comply with this long idea, as currently on the 4-hr time frame the price is extremely oversold. The target for this trade is at the recent high of 0.922, the stop loss area for this trade is just below the support level at 0.9113.
AUDCAD short is ive 📉✌️Using POW reversal strategy for this trade an AUDCAD long.
Trade details for current trade are shown on the chart.
We are working the 30M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red arrow is entry point and purple line is stop loss.
Previous two trades can be seen on chart, can we go three for three.
Trade history can be seen at the foot of this trade idea too for full transparency.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
💡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 61.
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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. . . . . Please show your support back,
. . . . . . . . Hit the 👍 LIKE button,
. . . . . . . . . . Drop some feedback below in the comment!
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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 ❤️
💡Don't miss the great buy opportunity in AUDCAD". 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 63.
Take Profits:
TP1= @ 0.9185
TP2= @ 0.9204
TP3= @ 0.9247
TP4= @ 0.9268
TP5= @ 0.9294
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!
❤️ Your support is very much 🙏 appreciated!❤️
💎 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 ❤️
AUDCAD is a short 📉✅Using POW reversal strategy for this trade an AUDCAD short.
Trade details for current trade are shown on the chart.
We are working the 15M time frame on this strategy.
We're looking for the green line which is take profit target.
Little red arrow is entry point and purple line is stop loss.
Trade history can be seen at the foot of this trade idea too for full transparency.
In that box every trade is logged and can be viewed by clicking the tabs in the report box.
You as the viewer of this idea can also do that so go ahead and have a play.
------------------------------------------
I try and share as many ideas as I can as and when I have time. My trades are automated so I am not sat in front of a screen daily.
Jumping on random trade ideas 'willy-nilly' on Trading View trying to find that one trade that you can retire from is not a sustainable way to trade. You might get lucky, but it will always end one way.
------------------------------------------
Please hit the 👍 LIKE button if you like my ideas🙏
Also follow my profile, then you will receive a notification whenever I post a trading idea - so you don't miss them. 🙌
No one likes missing out, do they?
Also, see my 'related ideas' below to see more just like this.
The stats for this pair are shown below too.
Thank you.
Darren
AUD/CAD:DOWNTREND | PRICE ACTION ANALYSIS | SHORT SETUP ACTIVE..Welcome back Traders, Investors, and Community!
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Have a Good Day Trading !
AUD/CAD Daily High & Lows Retest With the levels that I have marked off, Gold being major levels of price that the market had to offer, and the purple box being the range that seems to be forming before another major move. I'm almost certain that we will see a move to the upside to 0.93100 before moving down to 0.91573(AUD/CAD).
good opportunity for long term bullishgood opportunity for long term bullish
first we got nice broken daily downtrend
second we got perfect broken & retest 4H downtrend
third we have new uptrend has been built with nice channel
so we will take the value area as good support for long positions which is K L