AUDCAD
AUDCADAnother sell opportunity for AUDCAD. Trail SL once it breaks below 0.88373 and lets follow price for this potential short till 0.88060. Cheers.
AUD/CADForming a classic pattern in an uptrend and break to the top.
The price can continue its upward path. (This is just a personal opinion)
Bullish Flag Breakout and 5-0 Pattern Combo TradeI'm closely monitoring AUDCAD, and here's why:
1. Bullish Flag Channel Breakout on 4-hourly chart:
- AUDCAD has recently broken out of a Bullish Flag Channel on the 4-hourly chart.
- This breakout suggests a potential bullish move in the market.
2. 5-0 Pattern on 1-hourly chart at 0.8829:
- Waiting for a retracement, I'm eyeing the completion of a 5-0 Pattern at 0.8829 on the 1-hourly chart for a potential long opportunity.
- Utilizing a combo trade strategy to manage risk and enhance returns.
This combo trade involves combining the breakout from the Bullish Flag Channel with a harmonic pattern entry on a lower timeframe (1-hourly 5-0 pattern).
Feel free to share your insights and trade plans for AUDCAD in the comments below. Check the chart link for a visual representation.
AUDCAD_4H📊Australian dollar vs Canadian dollar analysis The analysis is based on Elliott waves in the medium term The market is in wave abc, which is currently expected to be at the price floor of wave b, and by maintaining the support of 0.88150, it can enter an ascending wave as wave c to the target of 0.89370.
AUDCAD SELL | Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity AUDCAD
I still did my best and this is the most likely count for me at the moment.
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Happy March! - AUDCAD Long HTF Analysis
LTW Entry
If I have to be honest, its only the Monthly candle that's giving me an oversold bias to go long. I'm not sure about 3M, 6M or 12M
We could see the W candle close less bearish because of the price hitting the daily S/R zone and showing a Bullish candle stick pattern.
RR is always placed on the Daily. Entry is always on the 4H or 1H.
Hope we all have a successful March.
AUDCAD H1 | Rising into pullback resistanceAUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.88455 which is a pullback resistance that aligns close to the 78.6% Fibonacci retracement level.
Stop loss is at 0.88700 which is a level that sits a pullback resistance.
Take profit is at 0.87972 which is an overlap support that aligns with the 61.8% Fibonacci retracement level.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
AUDCAD Potential DownsidesHey Traders, in today's trading session we are monitoring AUDCAD for a selling opportunity around 0.88500 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.88500 support and resistance area.
Trade safe, Joe.
AUDCAD I Intraday buy from support (short-term trade)Welcome back! Let me know your thoughts in the comments!
** AUDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUD/CAD: Identifying Significant ZonesTraders,
Let's delve into the key zones for AUD/CAD:
We're witnessing a formidable bullish channel, but beware, it could break, triggering stop losses, only to rise again.
Our 1-hour zone is currently active. Consider partially closing positions when it aligns with the 15-minute and 4-hour zones.
Additionally, we'll increase our volume around the lower 1-hour zone.
Stay vigilant and adapt to market movements accordingly.
Best regards,
AUDCAD in jeopardy - part 2Weekly look at AUDCAD.
Everything I see is three wave overlapping patterns. There are 3 distinct channels visible that all fit the narrative of an ongoing corrective move that maybe a WXY. Currently, I believe that we are in a wave B of wave Y.
AUDCAD in jeopardyAUDCAD shows bullish momentum on all TFs 8hs and lower (I´m not looking at minute charts). However, it is in my opinion trapped in between two (evtl 3 channels) as part of a bigger WXY. AUDCAD could have already finished the wave B of Y but I´ll give it more room to the upside to the 61.8 or 78.6 fib retracement before it continues down again. Two thresholds need to be taken out (purple line and minor white channel) in order to reach these two fib levels.
Please let me know what you think about my analysis!
AUDCAD, More downside to see? AUDCAD / 1D
AUDCAD / 1D
Hello Traders, welcome back to another market breakdown.
AUDCAD has been trading inside a trading range with a bearish sentiment. Hence, I'm looking for short setups for the coming weeks.
Checkout the chart for what kind of setup I would look to take.
Trade safely,
Trader leo.
✅AUD_CAD BUYING OPPORTUNITY|LONG🚀
✅AUD_CAD will soon retest
The horizontal support
Of 0.8827 from where
I will be expecting
A local bullish rebound
LONG🚀
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AUD/CAD Bullish At The Moment , Time To Buy Now Or Wait ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDCAD : Long Trade , 4hHello traders, we want to check the AUDCAD chart. The price is moving in an ascending channel and has pulled back to the indicated key level. We expect this level to play the role of a support level and the price will grow to around 0.89000. Good luck.
AUDCADOANDA:AUDCAD BUY AND SHORT position can be taken in the specified area
There is no position before the area
AUD/CAD SELL STOP at .8850AUD/CAD is carving out a classic M-Top candle pattern at resisance so a break of the neckline at .8850 will be a confirmed SELL.
M-Tops and W-Bottoms are proof that you don't need indicators to trade.
Indicators obviously help and I use them - but you don't NEED them.
You'll be a successful trader if you just traded M-Tops and W-Bottoms.
These patterns are traditionally traded on a 1:1 ratio with the STOP taken from the neckline to the top of the pattern and the TAKE PROFIT at 1:1 so the STOP is .8879 and the TP is .8819.
As ever, these levels are not set in stone and you should always micro manage your trades and if you reach your take profit and the momentum is still with the position then adjust you TP accordingly.
Similalrly with STOPS. A STOP is not necessarliy a line in the sand that should not be crossed.
If price bounces but the overall structure is still in place then by all means squeeze the SL a bit higher rather than lose but be mindful that there MUST BE a line in the sand if price is continuing north and your're SHORT.
The old adage "let your winners run and shut down your losers early" is for ever true.
AUDCAD H4 | Heading into resistanceAUD/CAD is rising towards a pullback resistance and could potentially reverse off this level to drop lower.
Sell entry is at 0.88265 which is a pullback resistance that aligns with the 61.8% Fibonacci projection level.
Stop loss is at 0.88680 which is a level that sits above the100.0% Fibonacci projection level.
Take profit is at 0.87745 which is a pullback support.
High Risk Investment Warning
Trading Forex/CFDs on margin carries a high level of risk and may not be suitable for all investors. Leverage can work against you.
Stratos Markets Limited (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 66% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Europe Ltd, previously FXCM EU Ltd (www.fxcm.com):
CFDs are complex instruments and come with a high risk of losing money rapidly due to leverage. 70% of retail investor accounts lose money when trading CFDs with this provider. You should consider whether you understand how CFDs work and whether you can afford to take the high risk of losing your money.
Stratos Trading Pty. Limited (www.fxcm.com):
Trading FX/CFDs carries significant risks. FXCM AU (AFSL 309763), please read the Financial Services Guide, Product Disclosure Statement, Target Market Determination and Terms of Business at www.fxcm.com
Stratos Global LLC (www.fxcm.com):
Losses can exceed deposits.
Please be advised that the information presented on TradingView is provided to FXCM (‘Company’, ‘we’) by a third-party provider (‘TFA Global Pte Ltd’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by TFA Global Pte Ltd.
The speaker(s) is neither an employee, agent nor representative of FXCM and is therefore acting independently. The opinions given are their own, constitute general market commentary, and do not constitute the opinion or advice of FXCM or any form of personal or investment advice. FXCM neither endorses nor guarantees offerings of third-party speakers, nor is FXCM responsible for the content, veracity or opinions of third-party speakers, presenters or participants.
AUDCAD - Short active Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I am looking for short. I expect bearish price action from here as price took trendline liquidity and rejected from bearish order block + FIBO 0.786 level.
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AUDCAD I Potential intraday short from top of the channel Welcome back! Let me know your thoughts in the comments!
** AUDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
AUDCAD Long setupI see a nice long setup on AUDCAD. Mid-term trend is changing and i expect a long till resistance zone at 0.89100
