Audcadanalysis
AUDCADlast day's price makes a significant downtrend by bouncing the resistance line down and now the price already breakout of the resistance line which means it will go uptrend. Retest has created and nice candle confirmation has created, you can see at the 1H timeframe same structure are created.
AUD/CAD Analysis I It Will Head UpwardWelcome back!
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AUD/CAD Analysis - We expect price to head upward as its currently rejecting daily support and showing wick rejection on the 4 hr. Also have a flag after impulse leg. Target is right before Daily resistance highlighted zone.
Be sure to follow the entry criteria rules for your strategy and keep this on your watch list!
- BKH
ADUCAD top-down analysisHello traders, this is the full breakdown of this pair. We will take this trade if all the conditions are satisfied as discussed in the analysis. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
AUDCADIN AUDCAD we can see price is rejecting from its daily and 4H strong reistance zone and now price is forming rising wedge patterns in uptrend which is the sign of reversal one more confirmation is rsi bearish divergence but we need to confirm this after the breakout of rising wedge down side than we entr short position and out targets are wedge starting point which is 0.9284 and if this level break than we try to achieved TP2. NOW talk about stoploss which is very important so our SL is This red resistance zone 20 to 25 pips above this zone.
AUD/CAD Create ab=cd Pattern......SELL
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AUDCAD Trade IdeaQuasimodo Pattern sited! A great opportunity for buyers to get in at a good price.
In this video, I walk you through the setup so that you learn to do it on your own.
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This will probably play out Sun/Mon. Would be nice to start the week with a banger trade, eh?!!
Wait for complete consolidation pattern, confirm uptrend AUDCADH1 time frame.
Structure: Break downtrend, break key level.
Wait for complete consolidation pattern and confirm uptrend to buy.
Target is next resistance at 0.94000.
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Wish you all have a good trading day!