Audcadforecast
AUD/CAD Wave Analysis 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 price action imminent and hence, we expect the pair to be bearish in the short-term.
AUDCAD - SELLWe are anticipating another sell from an AUD pair.. once price has broken this level we can sell all the way to the green area
Price has tested this level a few times and been rejected but i believe next week we will see a break and we can start a sell
AUDCAD - SELL
SL - 0.93810
TP - 0.91564
AUDCAD H1 SHORT PRICE ACTION FORECAST The price structure is in a clear bearish bias, trading below the resistance trendline, shorting the pair by a sell-stop entry for the following setup
The order:
Type: sell-stop
S/L: 24 pips - R:R | 1:2
T/P: aiming towards the next support level.
AUDCAD H1 SHORT PRICE ACTION FORECAST
A downtrend confirmed on three different timeframes (H1, H4, D1). The pair is trading under bearish pressure.
Price in a pullback heading to a nice area for a short setup.
The order:
1st entry:
Type: sell-limit:
S/L: 52 pips - R:R | 1:2 -
T/P: aiming to the next supply zone
2nd entry:
Type: sell-limit:
S/L: 56 pips - R:R | 1:2 -
T/P: next supply zone + trendline
AUDCAD H4 SHORT PRICE ACTION FORECASTStrong bearish pin bar forming at a resistance level in the realm of D1, together with a clear divergence with MACD, gives sufficient confirmation for a correction of the bullish momentum.
A sell-limit entry in H4 is placed expecting price action to trigger order after a small pullback before continuing the downtrend. The setup for this entry is as follow:
S/L: 90 pips R:R | 1:2 T/P is aimed towards a previous support level.
AUDCAD-- sell market going sell strongly Hy! Smart Trader, Welcome to My Analysis and forecasting Section on Trading view.
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Disclaimer:
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
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AUDCAD Long! Price-Action Narrative on DailyNote: Idea is to complement your research.
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AUDCAD: Alternate angle on Daily, Long!
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AUDCAD: Daily; Price trading above Multiple Buy-Zones, Long!
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AUDCAD reversed from resistance, potential drop!
AUDCAD reversed off its resistance at 0.91335 where it could potentially drop further to 0.84853.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUD/CAD, only if price will break the Level I would enter BuyThe Aussie dollar looks strong. If the price breaks the level, we would be looking for a nice long trade to the upside.
AUDCAD-Bigger Trader coming soon Hy! Smart Trader, Welcome to My Analysis and forecasting Section on Trading view.
We are Creative price action Trader. Join with us as we document the in's and out's of my trading journey. we are publish Multiple Time frame Analysis and forecasting (totally Free)
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we really hope you enjoy All trade..
Disclaimer:
the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
_______________________________________________________________________________________________
Thank you for your support!
AUDCAD is caught in a flag formation - SHORT trade favouredAUDCAD is caught in a flag formation and will probably zig-zag sideways for a while before it breaks free. There's considerable resistance above so I'm only looking for a SHORT trade where a move down to .890 200 sma on D1 and WS1 support looks likely. One to watch.
AUSTRALIAN DOLLAR / CANADIAN DOLLAR (AUDCAD)Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
AUD/CAD, expect strong Bullish pressureThe Canadian dollar is weak nowadays, but AUD is getting strong. Only if price will show some positive price action, we would be taking this trade to the upside.
AUDCAD Market Outlook | Daily Forex Market BreakdownAUDCAD
This pair is looking amazing! As long as we stay below current resistance I believe we are going to roll over to the downside. Looking for potential shorts soon just waiting to see if we can wick to the upside first giving a clean entry! Remember patience is everything is this game.
