Based on the bullish flag pattern and Elliott Wave analysis on the AUD/CAD pair's 4-hour timeframe, there seems to be a potential opportunity for a buying position. The bullish flag suggests a continuation of the previous uptrend, while the Elliott Wave count indicates the formation of the 12345 impulse wave sequence. This convergence of patterns could signal a...
AUDCAD is looking so beautiful on the daily TF we are expecting to see price pull back into the neck line 0.90871 before expecting a massive sell to our support level 0.86873 pips target on this trade is 300 pips plus we wait patiently for price confirmation, drop a comment on what you guys think about AUDCAD
After the good news for the Canadian dollar, the high is reached and the trend changes; the next level that the price will look for is the 0.90 zone.
MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW🤑 🧐Eagle eye: Over All Price movement are bear till last 10 years. Almost every year, prices create a new low Monthly: clear downtrend two higher low and lower low current candle is corrective mood and taped recent FVG area Weekly: also a clear downtrend on weekly tf till it breaches the last high of about 0.9100 area,...
When it comes to the technical analysis of AUDCAD , you might get an impulse to the downside. Based on my technical analysis , there aren't many supports till the Target 1. So you may use this as a sell opportunity. If you are going in, better find a pullback. I have marked a good entry area on the chart; you may use it as an entry area; which used to be a...
Looking at AUDCAD on DAILY Currently looking for long/buy position upon retest of the previous demand zone
When it comes to AUDCAD technical analysis, this currency pair is right now in a downtrend. If you find this technical analysis useful, please like & share our ideas with the community. What do you think is more likely to happen? Please share your thoughts in comment section. And also give a thumbs up if you find this idea helpful. Any feedback & suggestions...
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Welcome to our Trade Setups - June 07th ( AUDCAD ) ! BUY AUDCAD ENTRY LEVEL @ 0.93550 SL @ 0.92554 TP @ 0.97540 Max Risk: 1% - 3%! Risk/Reward Ratio: 4.01 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
AUDCAD seems Bullish because the Buyer is getting confused as the Ausi reach a recent high by consistently keeping its growth. Now it's time for making a decision and let in the market seller.
Welcome to our Trade Setups - May 26th ( AUDCAD ) ! BUY AUDCAD ENTRY LEVEL @ 0.93988 SL @ 0.92895 TP @ 0.97277 Max Risk: 1% - 3%! Risk/Reward Ratio: 3.01 Leave us a comment or like to keep our content for free and alive. Have a great week everyone!
the complete setup for AUDCAD in the monthly time frame and following the strategy about support and resistance strategy. we found the price moving in the down channel but there is a historical important support area in the monthly timeframe, so we should respect it. in the weekly timeframe, we couldn't admit that the price rejects the support area so we moved to...
.... For +400 pips, and then some!
We can see a W formation on the weekly chart and we can expect the market to go and test the neckline of W formation. AUDCAD is very bullish right now. So, we want to see AUDCAD reverse and make a retracement before continuing further. But, from the daily chart, we can see AUDCAD breaking the 0.95750 resistance level and making a higher high. So, not a good...
The counter has made a strong move from the low of 0.80 handle to 0.93 handle in just 3 months. The move could be attributed to a 5-wave pattern and it is now in corrective mode. It has completed waves A and B is going to kickstart wave C. The resistance zone around 0.93 handle proves to be a tough nut for the pair despite trying to take it down thrice. It makes a...
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