Aud-cad
AUDCAD - FOREX - 26. NOVE. 2019Welcome to our weekly trade setup ( AUDCAD )!
-
1 HOUR
Sideways price action.
4 HOUR
Slowly dropping market with a lot of waves and pullbacks.
DAILY
Sideways market at its highs, good short entries.
-
FOREX SETUP
SELL AUDCAD
1ST ENTRY @ 0.90310
2ND ENTRY @ 0.90480 (Wait for trigger)
SL @ 0.90780
TP @ 0.89780
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(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
Don't miss the great buy opportunity in AUDCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9020). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 0.9105
TP2= @ 0.9140
TP3= @ 0.9245
SL= Break below S2
Don't miss the great buy opportunity in AUDCADTrading suggestion:
. There is a possibility of temporary retracement to suggested support line (0.9020). 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 uptrend is expected.
.The price is above the 21-Day WEMA which acts as a dynamic support.
. The RSI is at 63.
Take Profits:
TP1= @ 0.9105
TP2= @ 0.9140
TP3= @ 0.9245
SL= Break below S2
Potential Bullish ContinuationThe consolidation was a pain, but now it looks like at a potential double bottom is forming after the drop.
Wanna see how far we'll go up if that's the direction as a continuation, or if we'll get to the trendline below and break/support it.
BULL TPS:
• 0.90242
• 0.90955
• 0.91256
BEAR TPS:
• 0.89641
• 0.89467
• 0.89025
AUDCAD - FOREX - 14. NOVE. 2019Welcome to our weekly trade setup ( AUDCAD )!
-
1 HOUR
Bearish break towards the downside.
4 HOUR
Market at previous support zone and strong turn area.
DAILY
Bullish waving market structure with several pullbacks
-
FOREX SETUP
BUY AUDCAD
1ST ENTRY @ 0.90310
2ND ENTRY @ 0.90100
SL @ 0.89730
TP @ 0.90950
RR: 1.1 / 2.35
Use 0.5% risk per Entry!
(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
Possible Retracement Then ContinuationWell, this pair was an interesting one. It kept going up and didn't stop until it all the BULL TPs last week.
So I am looking for a bit of a retracement some more and then another try at the monthly SR level to see if it can breakthrough.
BULL TPS:
Starting from 0.90314
• 0.90531
• 0.90950
• 0.91285
• 0.91494
• 0.92004
BEAR TPS:
From the current position
• 0.90626
• 0.90312
• 0.89966
• 0.89485 (this one is a long shot)