Will he stop sometime? #AUDCADIn the direction of 0.9140 to test the important support Which is in the price above.
Audcadforecast
AUDCAD HUGE BREAKOUT OPPORTUNITYAUDCAD HAS BEEN TRAVELLING IN A VERY LARGE ASCENDING CHANNEL RECENTLY, IT HAS JUST RECENTLY BROKE OUT BELOW IT, WE ARE EXPECTING PRICE TO COME BACK UP TO RETEST THE CHANNEL AND THEN DROP TO THE -0.27 EXTENSION, SIMILAR TO THE OTHER AUD PAIRS....
(THE RETEST MAY NOT BE VISIBLE ON THE DAILY CHART)
AUDCAD - LARGE CHANNEL TOUCHED (LONG)AUDCAD was travelling within a descending channel on the Daily chart for a long time until price broke out to the upside and formed an ascending channel which is marked out with the black lines.
Price is now at the bottom of the channel and it has also formed a doji candle, this indicates a reversal in price to the top of the channel. We will keep you updated on price action as this trade plays out. The target and Stop Loss is marked out on the chart
IF PRICE HITS STL , PRICE WILL MOST LIKELY FOLLOW THE RED LINE.
Australian Dollar/Canadian Dollar to SHORTMarket will sell on the 1 hour view.
Chose your entry wisely.
Warning; trading comes with risks, trade safely and within reason. All charts to be used for guideline purposes.
AUD/CAD: Watch Correction Before SELL !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
AUDCAD SELL ON 1HAnticipating shift in trend downwards as price action demonstrates a strong momentum swing down. Additionally, MACD + Stochastic + RSI provide additional support for my hypothesis
BUY AUDCAD ON 1HAnticipating a breakout upwards as prices closes above ichimoku base and conversion line. Additionally, MACD + Stochastics + RSI confirm shift in trend.
AUDCAD ASCENDING CHANNEL We have an active trade position and idea open which we sent you guys however price action has changed and so has the analysis.
Price broke out of its downtrend and trend line and came back down to retest it as normal, however this time it has formed an ascending channel and price is now at the bottom, we are expecting moves up.
Analysis+Signal #AUDCADWe have a red descending channel here, we can also see in the weekly graph the last decline comes after Doji (Doji candlesticks look like a cross) that generally signals a reversal pattern for technical analysts.
In addition to the Stochastic indicator shows that we have another margin of potential price fall
Sell AUDCAD:
Entry Price: 0.9440
Take Profit: 0.9220
stop loss: 0.9520
AUD/CAD: Wait For Sell !!BUY & SELL Above Given Chart or
You Can Also set Own Risk reward.
Let see what Will be Next Move.
Warning- I m Not a Financial Advisor this idea Only For Educational Purpose Only.
Thank You !!
AUDCAD - HUGE BREAKOUT OPPORTUNNITYAs previously stated in our short opportunity trade, price has been travelling in a descending channel and has also been travelling within its support and resistance zones very strongly. HOWEVER - Price broke out of the channel to the upside and also broke above a resistance zone at the same time. we have seen a slight retest downwards which is where we have executed our long orders. We have placed 2 trades, both with different Take Profits which are shown above.
#AUDCAD A short signalOn the one hand, the resistance is breached, signaling a strong buying signal, and on the other hand, the audcad is currently facing a new resistance - the moving average 100,200 and you can also see the Stochastic indicator indicating a sell signal because it is above 80 points that it is over buying.
We recommend selling short term in order to return to the Buy position
Sell AUDCAD:
Entry Price: 0.9520
Stop Loss: 0.9545
Take Profit: 0.9470
AUDCAD 100 PIP SHORT AUD CAD HAS BEEN TRAVELLING IN A VERY MAJOR DESCENDING CHANNEL WHICH CAN BE SEENN MORE ON THE WEEKLY AND MONTHLY CHART. (BLUE CHANNEL)
The most recent test on this channel that we just seen was at the top of the channel, on its rally down towards the bottom of the channel price has formed another descending channel marked out in black.
All support and resistance zones are marked out above on the chart, we have literally just seen a test of the top of the channel which indicates a short all the way down to the bottom of the black channel. targets are market out on the analysis
PURPLE RAYS ARE OUR CLOSER SHORT TERM TARGETS
#AUDCAD best time to open position! As long as the resistance we see in the above graph will not break, each time we are close to it is a clear signal of a sell!
Sell AUDCAD:
Entry Price: 0.9473
Stop Loss: 0.9520
Take Profit: 0.9380
QUICK AUDCAD SHORT 15 MINAUDCAD HAS BROKEN OUT OF ITS MINOR ASCENDING CHANNEL (BLUE), WE JUST WAS A RETEST WHICH WAS ALSO THE TOP OF THE DESCENDING CHANNEL (BLACK) INDICATING A SELL. THE PINK HIGHLIGHTED RECTANGLE IS OUR TARGET
AUDCAD - SELL ON BREAK - ENTRIES & EXITSSee previous analysis
PLEASE SUPPORT THE MOVEMENT WITH YOUR LIKES, COMMENTS AND FOLLOW FOR MORE
AUDCAD DAILY ANALYSIS AUDCAD DAILY - price has been moving in a large descending channel marked out in blue. Price hit the top of the channel and on its way down it has formed another descending channel marked out in black.Zones have been marked out for you, have fun trading, CREATE A PLAN AND TRADE THE PLAN
We could see a move down to the pink highlighted rectangle if price stays within the descending black channel, if price breaks out of the black descending, we will see a move back up to the top of the blue descending channel, and most likely break out upwards out of the blue channel, however we will wait for the BREAKOUT AND RETEST BEFORE PLACING ANY LONG TERM BUYS!
