Aud-cad
AUDCAD: Deciding zone to go long or shortHello to all,
AUDCAD was came to an important resistance level. Its the top of falling channel and middle of upside main channel.
We can wait any breakout to upside for join a long trade or we can short from here and stop if see any candle close above channel.
Good Luck!
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SELL AUDCADFirst thing AUDCAD have reached it's HH which show us that buyers job is done, so now it;s sellers turn to take the market, moreover acording to our strategy which show us that the market is on sale. SELL AUDCAD.
AUDCAD on an ascending triangle 🦐AUDCAD is testing again the 0.97500 reistance.
The price created a nice ascending channel formation between the structure and the ascending trendline.
IF the market will break and close above we can set a nice long order according to Plancton's strategy.
–––––
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 PRice is testing our Bearish zone! This is a full breakdown of my perception of price action on higher time frames! I take my entries using smaller time frame confirmation and you should, too. If you have any questions about this trade or my strategies feel free to ask them in the comment section below!
Let’s make some money together!
AUDCAD testing a weekly resistance 🦐AUDCAD on the 4 h chart has created a very strong bullish impulse until the weekly resistance at the 0.96250 level.
IF the price will restest the support at 0.96 and break above we will set a nice long order according to Plancton's strategy.
–––––
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 Buy a break setup.AUDCAD - Intraday - We look to Buy a break of 0.9543 (stop at 0.9522)
A break of yesterdays high would confirm bullish momentum.
Daily signals are mildly bullish.
The bias is to break to the upside.
Our bias remains bullish and further upside is expected to target resistance at 0.9600.
Our profit targets will be 0.9598 and 0.9617
Resistance: 0.9540 / 0.9560 / 0.9600
Support: 0.9520 / 0.9500 / 0.9460
AUDCAD Reversal Underway, H4 Levels to Watch
As we transitioned to the month of December, price failed to breach a previous high at a structural level.
Daily TF will be attached below, but we're seeing price continued to hold resisted.
This particular recent level provided a rejection signal that price was unable to sustain when it attempted to trade higher. Bit of illiquidity going on as bids quickly exhausted.
[ Note that ideas published represent my viewpoints on structural directional movements. I do not post explicit trade parameters (i.e. entry, take profit, stop loss, etc.) as these are set to in reference with my expectancy. Since my win rate and R-multiple targets are different, ideas published are simply a resource to provide guidance. You are expected to manage your own trading decisions. ]
💡Don't miss the great sell opportunity in AUDCAD Trading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.95040).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCAD is in a downtrend and the continuation of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
Take Profits:
TP1= @ 0.9456
TP2= @ 0.9457
TP3= @ 0.9435
TP4= @ 0.9396
TP5= @ 0.9355
SL: Break Above R2
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. . . . . Please show your support back,
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❤️ Your Support is very much 🙏 appreciated! ❤️
💎 Want us to help you become a better Forex 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 ❤️
💡Don't miss the great sell opportunity in AUDCADTrading suggestion:
". There is still a possibility of temporary retracement to suggested resistance line (0.95040).
if so, traders can set orders based on Price Action and expect to reach short-term targets."
Technical analysis:
. AUDCAD is in a downtrend and the continuation of downtrend is expected.
. The price is below the 21-Day WEMA which acts as a dynamic resistance.
. The RSI is at 50.
Take Profits:
TP1= @ 0.9456
TP2= @ 0.9457
TP3= @ 0.9435
TP4= @ 0.9396
TP5= @ 0.9355
SL: Break Above R2
❤️ 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 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 Buy the uptrend.AUDCAD - Intraday - We look to Buy
A break of 0.9600 is needed to confirm follow through bullish momentum.
We look for gains to be extended today.
Trading within a Bullish Channel formation.
Pivot resistance is at 0.9596.
Trend line resistance is located at 0.9630.
Trend line support is located at 0.9570.
Our profit targets will be 0.9622 and 0.9658
Resistance: 0.9600 / 0.9630 / 0.9660
Support: 0.9560 / 0.9540 / 0.9500
💡 Don't miss the great sell opportunity in AUDCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.9575). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 0.9515
TP2= @ 0.9480
TP3= @ 0.9434
TP4= @ 0.9372
TP5= @ 0.9300
SL: Break Above R2
❤️ 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 trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
💡 Don't miss the great sell opportunity in AUDCADTrading suggestion:
. There is still a possibility of temporary retracement to suggested resistance line (0.9575). 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 downtrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 41.
Take Profits:
TP1= @ 0.9515
TP2= @ 0.9480
TP3= @ 0.9434
TP4= @ 0.9372
TP5= @ 0.9300
SL: Break Above R2
❤️ 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 trader?
Now, It's your turn!
Be sure to leave a comment let us know how do you see this opportunity and forecast.
Trade well, ❤️
ForecastCity English Support Team ❤️
AUDCAD ANALYSISAUDCAD rejected from downtrendline with bearish movement
Price broke lower edge of reversal rising wedge pattern
Price is below HVN at level 0.9564 which indicates that pair is in distribution phase
Below SMA 100
MACD shows bearish momentum
It's expected to target support level at 0.9450
Analysis AUDCAD#100
sell range: 0.96411
Targets: 0.96221- 0.96031- 0.95841
Stop loss The first goal: the profit to loss ratio is 1: 1 (0.96601)
If the first target is touched (close one third of trades)
Stop Losses Second and Third Objectives: 0.96411(Entry Range)
, If the second target is touched (close another third of trades)
And if the third target is touched (close the deal)
AUDCAD on a new bullish impulse 🦐AUDCAD after the last impulse retraced back until the 0.5 fib level of the previous leg over a daily support.
The price now testing the 4 resistance area and if the price will break above, we can set a nice long order according to Plancton's strategy.
–––––
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.
BUY AUDCADBUY AUDCAD for a nice long position. Risk to reward ratio is 1:2.3 with calculated stops and targets.
