AUDCAD - FOREX - 16. DECE. 2019Welcome to our weekly trade setup ( AUDCAD )!
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1 HOUR
Bearish price action towards our support zones.
4 HOUR
Strongly waving market structure with several pullbacks.
DAILY
Prices at range low, good long entries!
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FOREX SETUP
BUY AUDCAD
1ST ENTRY @ 0.90550
2ND ENTRY @ 0.90330
SL @ 0.89940
TP @ 0.91220
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
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.
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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