Aud-cad
AUDCAD Price Bounced off resistance and is now consolidating! 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 UPDATE 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 Price rejected again in our bearish ZoneThis 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!
AUD/CAD 7/6/2020Welcome to this analysis on AUD/CAD.
I took a trade on AUD/CAD on 6/16/2020 which got stopped out. This trade idea is a continuation of the last setup, you can refer to that link if you wanna read more about it.
Since the last trade, the market went sideways and consolidated more in a range between 0.942 and 0.927.
It appears like the price has just broken above the range and is finally ready to continue its previous uptrend as long as it holds the 0.94 as support.
The first major level of resistance above the price is the swing high of 20th of April at 0.96. the zone used to be a support of a weekly structure that should act as resistant now. The level can be a good target for this trade idea.
This trade idea has 3.5 rewards to risk ratio.
Good luck trading.
AUD/CAD - Quick Long tradeHey, I am back with second idea for today, looking at AUD/CAD.
Strong daily uptrend, price broke above resistance area, now we want to long on this support area.
Entry
Above 0.94200
Take profit
Below 0.94480 (28 pips)
Make sure to follow me in order to not miss out on my future regular setups.
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AUDCAD Price is respecting Resistance in our Bearish zoneThis 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!
AUD CAD - Long FlashcardAUD CAD - Long Flashcard
- This pair has been on a bullish uptrend
- Double bottom formation off of the 800 ema
- Pair presented a RR track for entry from second leg
- First leg of formation presented with a RSI hook into volatility bands @ 32
- TP1 @ 200 ema (however this should mean you stop loss @ break even)
- Stop loss 7 pips below the 800 ema and formation
- TP 2 @ RSI vs Signal line cross near 68
This is one of the clearest trades today
AUDCAD Long - FlashcardAUDCAD Long
Direction: - AUDCAD was in Bullish Orderflow, and the trade presented itself in a Bullish OrderBlock.
- Previous high held was broken yesterday, indicating they were going to continue going long.
Entry: - W (Double Bottom) Pattern formed at low of the day.
- Low of the day was created when candles closed above the 800 EMA, and pinned below. This indicates possible low.
- Shark-fin (RSI crossed above Signal Line) indicated price was going to rise.
- RSI Line was below the 32 indicating the pair was oversold.
Exit: - 25 pip SL @ just below YL (Yesterday's Low).
- 52 pip TP @ YH (Yesterday's High) & RSI, Signal Line Cross.