AUDCAD Price is almost at R2 on the 1hr! 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!
Good Luck!!!!!!!!!!!
Aud-cad
AUDCAD Will price continue to drop this week? 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!
Good Luck!!!!!!!!!!!
AUDCAD Price hit R2 on the daily will we see a break down? 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!
Good Luck!!!!!!!!!!!
AUDCAD - FOREX - 04. MAR. 2020Welcome to our weekly trade setup ( AUDCAD )!
-
1 HOUR
Bullish takeout of shortterm short holders.
4 HOUR
New LH formed, down now!
DAILY
Overall bearish market with upsite pullback, great short entries!
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FOREX SETUP
SELL AUDCAD
ENTRY LEVEL @ 0.88170
SL @ 0.88920
TP @ 0.86670
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AUDCAD LONG TRADEAUDCAD rebounded from demand zone at level 0.8725 with strong bullish movement after forming false breakout
Price is rejected from SMA 100 with confirmation of pin bar candlestick pattern
Pair is forming bullish reversal pattern "big W"
RSI is above level 50
First target will be at key level 0.8844
then second target will be at supply zone 0.8954
Analysis on AUD/CAD (short)I have been short this pair since 6/2/20 after it rallied into a great resistance zone. After a confirmation candle closed on the 1D I set a pending order to short this pair. I am looking at taking it to the previous low, but i expect it to move to the bottom trend line as I believe we are now in a down trend.
Risk:reward was 1:2 but after moving my SL to my entry point, this trade is now risk free.
AUDCAD breakout coming!Here we have a possible breakout happening! Confluence of trendlines plus support/resistance zone ! With all that been happening with corona virus and Australia itself, its my belief that we could see a weak aussie and another push lower here!
What do you think?? Care to comment?
AUDCAD Update 300pips We got some pretty great pips here !! Now its time to add one more position! Going for that 0.8600 mark! Right now, price broke 0.8900 support and its testing it as resistance! Last week of january we saw the most recent touch on the down-trend line with a huge rejection.
What do you think?? Let me know in the comments! You can also join me on my group chat!! t.me/tradingbayfx
Major Key Level Reached For Strong SetupThis pair will be important to look at this week because of the weekly SR it made to… it hasn't been there since 2010. So that means this is a major setup forming.
This key level has delivered strong respect off support the last time it was hit. Let's see will it do it again. If not, I have one short TP that I'm aiming for… that is, if it can breakthrough.
BULL TPS:
• 0.88893
• 0.89372
• 0.89801
BEAR TPS:
• 0.86927
AUDCAD - FOREX - 05. FEB. 2020Welcome to our weekly trade setup ( AUDCAD )!
-
1 HOUR
Bullish price action, no pullbacks so far.
4 HOUR
Very bullish pressure, we need a drop shortly!
DAILY
Good short entries with stops above previous resistance
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FOREX SETUP
SELL AUDCAD
ENTRY LEVEL @ 0.89630
SL @ 0.90140
TP @ 0.88600
RR: 2.0
Use 0.5% risk!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN