AUDCAD
AUDCAD buy opportunity at the bottom of the Channel DownAUDCAD is approaching the bottom of the annual Channel Down, having crossed under the 0.236 Fibonacci level.
As the 1day RSI forms a Higher Lows bottom pattern, the conditions for a medium term buy arise.
Buy and target the 0.618 Fibonacci level at 0.8885 or book the profit earlier if it hits the 1day MA50 first.
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AUDCAD, D1 | Bearish breakout?
Price has made a pullback to a key overlap resistance level at 0.8827 which also happens to be a previous 78.6% fbonacci retracement that was broken.
It's worth noting that there is strong bearish momentum from the bearish Ichimoku cloud and the lower highs being made by price.
A drop from here could see prices drop all the way to the major swing low at 0.8614.
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AUDCAD - 4hrs ( buy Trade Target Range 160 PIP ) Pair Name : AUD/CAD
🗨Time Frame : 4hrs Chart / Close
➕Scale Type : Large Scale
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🗒 spreading knowledge among us and to clarify the most important points of entry, exit and entry with more than 5 reasons
We seek to spread understanding rather than make money
✔️ Key Technical / Direction ( Long )
Type : Mid Term Swing
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Bullish Reversal
0.87700 Area
Reasons
- Pattern Target
- Quarter's Area
- Major Turn level / W
- Visible Range Lvn / D
Bearish Reversal
0.89900
Reasons
- Major Turn level
- Visible Range hvn
- Quarter's Area
- Fixed range Value
- Choch Area
AUD/CAD Giving Good Bullish P.A , Can We Buy It Now ?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: Pullback From Key Level Explained 🇦🇺🇨🇦
AUDCAD reached a daily key level.
The price formed a double bottom pattern, testing that on 1H time frame.
Its neckline was broken this morning.
I believe that the pair may bounce now.
Goals: 0.8825 / 0.884
❤️Please, support my work with like, thank you!❤️
AUDCAD I Headed up from pivot supportWelcome 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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AUDCAD ____ INCOMING BULLISH MOVEHello Traders,
Here is one for you guys this week... You can see how the price hunted the buy-side liquidity and it is heading for the weekly order block.
I will be waiting for the price to hit that level, then switch to the 1-hour timeframe for CHOCH to go long.
Always keep it simple.
Follow for more incoming trades.
Cheers,
Jabari.
AUD/CAD - Short; Decisive break, SELL this this for good.Lock and load (Short) and forget it. The Chinese collapse will take down the Aussies, right along with them. 'nough said.
(Might wanna amuse yourself with the Aussie real estate bubble! They have built enough - empty, ridiculously overpriced - stuff to house half of China. - Perhaps the half that is about to lay down and die, due to old age?! ...) Pahleeeease ...
AUDCAD Will Go Up! Buy!
Take a look at our analysis for AUDCAD.
Time Frame: 6h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.879.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.888 level.
P.S
We determine oversold/overbought condition with RSI indicator.
When it drops below 30 - the market is considered to be oversold.
When it bounces above 70 - the market is considered to be overbought.
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✅AUD_CAD TIME TO BUY|LONG🚀
✅AUD_CAD will be retesting a support level of 0.8789 soon
From where I am expecting a bullish reaction
With the price going up but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
LONG🚀
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AUDCAD - BROKEN CHANNEL📉Hey Traders👋🏻
The AUDCAD Price Reached a Major Resistance Level (0.91064 - 0.90637) and Formed an Ascending Channel✔
Currently, The Price Reject To Create New Higher High, The Last Higher Low is Broken (Break of Structure)
Moreover, The Support Line of The Channel is Broken!
So, I Expect a Bearish Move📉
i'm waiting for a retest...
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TARGET: 0.88315🎯
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AUDCAD at daily horizontal support... The RBA are likely to continue raising rates, more so than the BOC. The real fundamental bias is based on the economic data, though - Australia has released much more attractive economic figures than Canada. In fact, the AUD is a clear buy for me, if and when the price action agrees.
We could see price reverse from the current support at 0.8815. If not, the next key levels are 0.8750 and 0.8600...
AUDCAD Looking to go shortThis pair broke below the significant s/r zone around 0.9000 and is now pulling back towards it.
I am looking for signs of a bearish continuation in that area.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content.
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