Audcadbullish
AUDCAD: a SHORT TERM BUYHello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the AUDCAD pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
AUDCAD LongDear friends,
Here comes another analysis for the future trade. Right now, the price is taking the trendline support to make a move upward. But the trendline has been tested multiple times. From my point of view, it looks like it will break. After breaking in the downward direction, price will test the range from 0.90270 to 0.89550 (Aggressive entry) if it is a normal selling pressure. If selling pressure is high, then the price will again make a move of another 0.00500pts in the downward direction to test the price at 0.89100 (Conservative entry).
A good force of touch to this point it will make a move to go upside. But the only problem is the trend will be in the downside and the Algo traders will enter against the bulls to force the rally. Tests patience. Makes us sell. Then finally stocks go up.
But it is wise to follow your risk management before taking entry.
I love to share my ideas. Feel free to revise the text and provide feedback. It makes it so personal and improve us in better ways.
Thanks & Regards,
Alpha Trading Station
Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
OANDA:AUDCAD
AUD/CAD LONG TRADE ...According to SMC , We have a two trades entry for long on AUD/CAD pair as following :
TRADE 1:
ENTRY @ ACTIVATE NOW
SL @ 0.91686
TP @ 0.92676
RRR : 1:4.05
TRADE 2:
ENTRY @ 0.91473
SL @ 0.91249
TP @ 0.92555
RRR : 1:4.83
IF 1ST TRADDE IS ACTIVATED AND HIT TP , DON'T ENTER THE 2ND TRADE ...
GOOD LUCK GUYS ...
AUD/CAD LONG TRADE ...According to SMC , We have a two trades entry for long on AUD/CAD pair as following :
TRADE 1:
ENTRY @ 0.91594
SL @ 0.91487
TP @ 0.91969
RRR : 1:3.5
TRADE 2:
ENTRY @ 0.91350
SL @ 0.91262
TP @ 0.91664
RRR : 1:3.57
IF 1ST TRADDE IS ACTIVATED AND HIT TP , DON'T ENTER THE 2ND TRADE ...
GOOD LUCK GUYS ...
Bullish Gartley on AUDCAD 4HI didn't have time to post this trade before I went to work, but it was spotted and triggered in around lunchtime.
Price had moved down into a level of previous structure support.
Aggressive buy limit order set at 0.91095
Stop loss set at: 0.90736
Take profit 1: 0.91459
Take profit 2: 0.91683
Targets will adjusted based on price movement beyond entry point.
If T1 is hit I will roll SL to break even for a risk free trade.
AUDCAD 4Hr Long!
Overview:
Price has completed very important tests at 0.90297.
Currently, price is trading inside 0.89694 | 0.91411 Buy-zone.
From its current Buy-zone location, price could present Buy-entries by pulling back to a 50% retracement price--
Or
Price could advance for tests at Target 0.94720
Note: Idea is to complement your research.
Check comments section for future updates on idea.
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Thank you. Happy Trading.
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.
AUDCAD Technical Analysis H1
Welcome back Traders, Investors, and Community!
Hi Traders, AUDCAD on H1 has been making HHs and HLs. It also has broken above the Resistance line and retested it. Before going up it might go to around 0.93150 and then goes higher to 0.93470
⬆️Buy now or Buy at 0.93150
⭕️SL @ 0.93084
✅TP1 @ 0.93470
✅TP2 @ 0.93765
✅TP3 @ 0.93937
We will have more FREE forecasts in TradingView soon
❤️ Your Support is really appreciated!❤️
Have a Profitable Day
AUD/CAD Long On BreakoutBeen monitoring this for a few days as it has been close to resistance. It has now risen to this resistance perfectly and if it breaks above we can enter longs. It may hold up just beneath this at first but you should keep an eye on this for a breakthrough.
There is not a very clear resistance level for a TP but we can use the price of 1.00000 as this may be a psychological level.