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AUDCAD

Supply to be mitigatedAUDCAD This pair had a lot of potential the previous week, but with this jigsaw candlestick failed to tap into the supply zone. This missed opportunity reduced all the way down and it is now within the significant area. This current scenario has also created the divergence idea, looking for price to go bullish and fill in the fair value gap. The main focus is the anticipated pullback for us to activate buys and go bullish, still have a positive hunch that the supply zone has to be mitigated…
by tokelohomi
AUDCAD - Long from bullish order block ✅Hello traders! ‼️ This is my perspective on AUDCAD. Technical analysis: Here I expect price to go a little bit lower to fill the imbalance and then to reject from bullish order block + institutional big figure 0.89000. My target is buy stop liquidity. Fundamental analysis: Tomorrow we have news event on AUD, will be released monthly Unemployment Rate. If the result is lower than forecasted it means strength of AUD which will support our move. Like, comment and subscribe to be in touch with my content!
Long
by Snick3rSD
📌 Potential SELL setup for: AUD/CAD👩🏽‍💻Technical: Sellers are applying significant pressure on the price, as it trends below the MA's on HTF. Additionally, a daily candlestick pattern is currently forming and it appears to be a bearish engulfing candlestick. Meanwhile, on the 4-hour chart, the price is showing signs of aiming to break into a new low, further confirming a bearish bias. 🎯 For an ideal entry: To confirm your entry, it may be best to wait for a 4-hour candlestick closure. Once confirmed, you could potentially set your levels on the HTF previous bottom as a profit target.
Short
by fxtraderkristina
Audcad likely more downside **Find out more from my Tradingview Stream this week** *************************************************************************************** Hello there! If you like my analysis and it helped you ,do give me a thumbs ups on tradingview! 🙏 And if you would like to show further support for me, you can gift me some coins on tradingview! 😁 Thank you! Disclaimers: The analysis shared through this channel are purely for educational and entertainment purposes only. They are by no means professional advice for individual/s to enter trades for investment or trading purposes. The author/producer of these content shall not and will not be responsible for any form of financial/physical/assets losses incurred from trades executed from the derived conclusion of the individual from these content shared. Thank you, and please do your due diligence before any putting on any trades!
by Shadowing_The_Big_Boys