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Audcadidea

AUDCAD 4Hr short Overview: Long Trade currently in play for Target 0.94720 as described in attached link: However, reversal/ pull-back is likely starting from current price through 0.93556 for target 0.91474-- Therefore confirm reversal cues at 0.93556 prior executing short entry or closing Long position. Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Comment, Follow, (...) Thank you. Happy Trading.
Short
by legacyliked
AUDCAD - A beautiful series of 1-3-5 patternsAUDCAD is producing a beautiful series of consecutive 1-3-5 patterns. All with lower highs and lower lows. 1st set in Orange 2nd in Purple 3rd in Green 4th in Blue heading toward completion. We are looking for a stunning reversal at the completion of Blue 5 (if price gets there). Right now market has a fib ext of 2 so we can expect some short term buying perhaps but if this price drops below the last low (blue 3) we can staring looking for the LONG.
by enzenator
AUDCAD: Typical Price-Action Sequence Short! As mentioned in previous ideas, AUDCAD has succeeded one Buy-zone and is in the process of gaining entry to a secondary Buy-zone. However! A major pull-back is due. "Typical Price-Action Sequence" is one example of anticipated pull-back-trade-setup. Remember to always follow updates on shared ideas Note: Idea is to complement your research. Check comments section for future updates on idea. Like this idea? Like, Share, Comment, Follow, (...) Thank you. Happy Trading.
Short
by legacyliked
AUDCAD | Good Sell Opportunity.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 would help in further improving the analysis. Good Luck! Disclaimer! This post does not provide financial advice. It is for educational purposes only! You can use the information from the post to make your own trading plan for the market. But you must do your own research and use it as the priority. Trading is risky, and it is not suitable for everyone. Only you can be responsible for your trading.
Short
by maxprofprofile
AUD/CAD---CONTINUE THE DOWNTRENDThe Australian dollar initially tried to rally against Canadian dollar this past week, but as you can see, we continue to see a lot of selling pressure near the 0.93 handle. We have been grinding lower for a while and it now looks like we are getting ready to rollover to continue the overall downtrend. This does make a certain amount of sense, considering just how strong crude oil suddenly is. At this point, I anticipate that this market will revisit the 0.90 level.
Short
by SmoothJB
2
AUDCAD (1H) OUTLOOK - BEARISHGood Morning Friends, Am taking a good look at AUDCAD (1H)🔥🔥🔥 AUDCAD price currently is playing inside a flat bottom triangle, and price is correcting/heading to touch the trendline from where seller will step in to push price down to 0.91043 area (lower bounds of our flat bottom triangle). MACD (1D) clearly indicates that sellers are still present and willing to deal. MACD (1H) confirmed this as there are not buyers present at all. Entry would be idea if price kisses the trendline, with STOP LOSS at 0.92134, TARGET at 0.91043 RRR of 1:3.42 (25.0:85.5 pips) I will update here if anything changes PLEASE LIKE AND COMMENT, ALSO FOLLOW ME FOR MORE
Short
by Kingsley_lotanna