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Aud-cad

AUDCAD - Wait For The Trigger!Hello everyone, if you like the idea, do not forget to support with a like and follow. AUDCAD is sitting around a daily support zone so we will be looking for buy setups on lower timeframes. on H1: AUDCAD formed an inverse head and shoulders pattern but it is not ready to go yet. Before we buy, we want the buyers to take over again. Trigger => Waiting for a momentum candle close above the gray neckline to buy. Meanwhile, until the buy is activated, AUDCAD would be overall bearish can still trade lower. Good luck! All Strategies Are Good; If Managed Properly! ~Rich
Long
by TheSignalyst
16
AUDCAD MULTI-MONTH REVERSAL!!!The double bottom pattern consists of two lows around the same level of support and indicates a possible bullish reversal signal. Price is also resting at a key level of support and resistance Once those levels of support or resistance are broken, the supply and demand dynamics which produced them are shifted Support is the amount of demand that is strong enough to prevent the stock from dropping any further. The level at which supply is strong enough to prevent the price from rising is referred to as resistance. Looking at the trade setup at the current levels the market is showing a low risk entry relative to our upside targets on the daily time frame We are also seeing slight bullish divergence on the RSI on the double bottom pattern Like for more and let me know what you think
Long
by Olutobi-Ogunsemore
AUDCAD will break the support ? 🦐AUDCAD after our last analysis reached as expected the weekly support. The price is now testing the structure and another test can be seen. According to Plancton's strategy if the market will break and close below we can set a nice short order following the ACADEMY rules. ---- 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
by InkyGrip
20
Wait for a buying opportunity with AUDCADH4 time frame. Structure: Downtrend. After the price down to the support level of 0.91000, a double bottom pattern and divergence signal appeared. Wait for the price increase to break the Key level at 0.92000 and have a confirmation move, then you can find buying opportunities. The profit target is the 0.92700 zone. ----------------------------------------------------------------------------------------------- Wish you all have a good trading day!
Long
by tradafx
AUD/CAD: Price continue to falling like predict..waiting target.Welcome back Traders, Investors, and Community! Check the Links on BIO and If you LIKE this analysis, Please support our Idea by hitting the LIKE 👍 button Traders, if you like this idea or have your own opinion about it, please write your own in the comment box . We will be glad for this. Feel free to request any pair/instrument analysis or ask any questions in the comment section below. Have a Good Day Trading !
Short
by FOREXN1
2
AUDCAD for a lower low 🦐AUDCAD on the 4h chart is creating a descending wave. The price after the perfect retest of the previous support now turned resistance is looking for a new recent low. According to Plancton's strategy if the market will break below and satisfy the ACADEMY rules we will set a nice short order. ---- 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
Short
by InkyGrip
6
AUDCAD potential bearish momentum | 1st OctPrice is currently trading in a descending trend line . We see a potential sell entry at 0.91854 which is in line with our Fibonacci Retracement level of 50%. Price can potentially head towards its take profit level of 0.9134 which is in line with our Fibonacci extension level of 88%. Alternatively, our stop loss level is placed at 0.9062 which is the resistance of the trend line and in line with our Fibonacci extension level of 78.6% and Fibonacci retracement level of 38.2%. Our bearish bias is further supported by the ichimoku cloud indicator. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, as general market commentary, and do not constitute investment advice. The market commentary has not been prepared in accordance with legal requirements designed to promote the independence of investment research, and it is therefore not subject to any prohibition on dealing ahead of dissemination. Although this commentary is not produced by an independent source, FXCM takes all sufficient steps to eliminate or prevent any conflicts of interest arising out of the production and dissemination of this communication. The employees of FXCM commit to acting in the clients' best interests and represent their views without misleading, deceiving, or otherwise impairing the clients' ability to make informed investment decisions. For more information about the FXCM's internal organizational and administrative arrangements for the prevention of conflicts, please refer to the Firms' Managing Conflicts Policy. Please ensure that you read and understand our Full Disclaimer and Liability provision concerning the foregoing Information, which can be accessed on the website.
Short
by FXCM
1
Today’s Notable Sentiment ShiftsHigh-Beta – AUD, CAD and NZD benefited from rising commodity prices on Tuesday, as markets set aside concerns about the spread of the Delta coronavirus variant. The notable outperformer in the commodities complex was oil prices, with WTI approaching $68 per barrel, up almost $2.50/+3% on the day. Indeed, following today’s strong performance in WTI, TD Securities noted that: “With the impact on demand fueling chatter that OPEC+’s next monthly output hike could be delayed, and China’s “Zero-Covid” strategy appearing to have quickly contained the outbreak, crude oil could once again have a solid footing to challenge the $70s.”
OANDA:WTICOUSDEducation
by thunderpips
5
AUD/CAD SHORT (DAYTRADE!!)Hello there traders! As always we provide you with analysis on tradingview. Currently we are looking at the pair AUD/CAD where we had a nice impuls and corrective move. Structure kept on breaking above and now made a lower low/high. Bearish pressure is allready pushing market-price down. We also have seen the counter-trendline break wich indicates we are bearish. Last but not least we see the market create a potential H&S wich also indicates the bears are ready. So now we wait for our indicators to give us a valid entry and when all rules are satisfied we take the trade. Have a good week!
Short
by FXT_TL