AUDCAD
AUDCAD Technical Analysis and Trade IdeaIn this video, we analyze the AUDCAD currency pair, noting its bearish trend on the higher timeframe. Within the video, we delve into crucial elements of technical analysis, such as the trend, price action, and market structure. Furthermore, we explore a potential trade setup. Please remember that all information is thoroughly explained in the video, and this content should not be considered as financial advice.
AUDCAD: Time to Short 🇦🇺🇨🇦
Here is a classic example of a top-down confirmation setup:
after a breakout of a key support on a daily, AUDCAD retested that.
The price was steadily growing within a bearish flag formation.
The text of structure triggered a strong bearish reaction
and the price violated a support of the flag.
It confirms the strength of the sellers and a highly probable bearish continuation.
Goals: 0.859 / 0.8576
❤️Please, support my work with like, thank you!❤️
✅AUD_CAD LOCAL SHORT🔥
✅AUD_CAD is trading in a
Downtrend and the pair
Was making a local bullish
Correction but then hit a
Horizontal resistance level
Of 0.8634 from where we
Are already seeing a
Bearish reaction so I will
Be expecting a move down
SHORT🔥
✅Like and subscribe to never miss a new idea!✅
Daily Wave Rider - AUDCAD - SELLAUDCAD
Channel: RED
WK Pivot: RED
AOB: WS1
CON: SBB
SELL Stop: 0.85838
Stop Loss: 0.86677
TP01: 0.84999
TP02: 0.83321
DWR present as a sell setup on 16 OCT, with Channel and Pivot are red bouncing off weekly support line
However, trade is not taken/considered as it is Monday which is normally correction day and market is unpredictable
SPX500: SELL
DXY: SELL
OIL: SELL
GOLD: BUY
AUDCAD Potential DownsidesHey Traders, in tomorrow's trading session we are monitoring AUDCAD for a selling opportunity around 0.86300 zone, AUDCAD is trading in a downtrend and currently is in a correction phase in which it is approaching the trend at 0.86300 support and resistance area.
Trade safe, Joe.
AUDCAD: Bullish Continuation is Highly Probable! Here is Why:
It is essential that we apply multitmeframe technical analysis and there is no better example of why that is the case than the current AUDCAD chart which, if analyzed properly, clearly points in the upward direction.
❤️ Please, support our work with like & comment! ❤️
NZDCAD I Long Opportunity from Support
Welcome back! Let me know your thoughts in the comments!
** NZDCAD 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!
AUD/CADIt has touched the 3x both downwards and upwards! This could lead to a breakout! The exchange rate has been unable to move normally for many days now, they just keep jerking it around. Based on the news, I expect that this week they will pull it up, and we can finally stay above the weekly level, and then the rally can start! What is your opinion on this?
AUDCAD Potential UpsidesHey Traders, in today's trading session we are monitoring AUDCAD for a buying opportunity around 0.87000 zone, AUDCAD is trading in an uptrend and currently is in a correction phase in which it is in a correction phase in which it is approaching the trend at 0.870000 support and resistance area.
Trade safe, Joe.
AUDCAD ↗️↗️ Triangle breakout analysis .Hello Everyone 🙋🏽♂️
As we could see we have triangle chart pattern, we are waiting for a breakout at the price 0.787400 to enter the ascending channel,
WE recommend :
🟢TP 1 0.88260
🟢TP 2 0.89820
🟢TP 3 0.90580
🔴 SL 0.86000
If the price still going down and retest the support to be resistance then is it a downtrend signal, don't buy at that time.
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP
Don't forget to hit the like bottom and write a comment to support us.
Follow us for more 🙋🏻♂️
Best Regard / EMA Trading .
Disclaimer:
----------------
It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
AUDCAD: Risk less than your norms.Hello traders,
Aussie-Loonie is fantastic.
Aussie is correlated to China economy and China is major oil buyer which is highly correlated to CAD!
Goes against the trend just for one and last time. :-D
Levels calculated order_block, regarding support and resistances, channel and pivot points.
Potential Buying OpportunityAs you may know, AUDCAD is currently on a Bearish Trend, which means that buying at this pair is a counter-trend move.
However, I wanted to let you know that the Bullish Shark Pattern has been completed on the Weekly Chart with an RSI Divergence.
There are two ways to engage with this pattern. The first is the Bullish Gartley Pattern, which has warning signs that it is completing on the 4-hourly chart at 0.8603. The second is completing on the 1-hourly chart at 0.8650.
Given these options, which one would you prefer to choose? Let me know your thoughts and we can discuss further.