AUDCAD H1 CHARTIt is moving in the descending channel and the transaction will be entered by pulling back to the determined resistance channel.
Audcadlong
AUDCADAUDCAD is currently taking support on daily and had broken the bearish trendline earlier. The pair can potentially move upward from here and test the resistance area of 0.93700 and then move upwards from there. Contrarily breaking of daily support of 0.91150 will make the pair bearish again.
AUDCAD Setup For Five-Wave AdvanceHi traders!
It has been a while here! :) Hope you're all doing well.
AUDCAD rally from August low unfolded as a five-wave impulse structure and it follow by a three-wave correction. The correction unfolded as a simple zigzag with an ending diagonal pattern in wave C.
According to EW theory, once a 5-3 (impulse-corrective) wave cycle is complete, the price will resume in the direction of the impulse.
In AUDCAD's case, wave C is expected to rally above wave A high in the weeks ahead. The breach of the green level will indicate that the correction is completed.
What's your view on AUDCAD? Let me know in the comment.
Thanks for reading!
AUDCAD buy according to harmonic patternAUDCAD buy according to harmonic pattern FX:AUDCAD be careful
AUDCAD buy ideaI have a bullish bias on AUDCAD like all other AUDxxx pairs and a bearish bias on xxxAUD pairs. This pair has broke out of the initial ending diagonal with a bullish impulse and its currently in a corrective phase with another ending diagonal. Will be looking for bullish candle formation before going long.
AUDCAD break out and retest - long ideaAUDCAD breakout the downward channel in last week amd now its retesting the supportline so a bullish move is expected from retest.
use proper risk management please
GOOD LUCK
AUD/CAD Long ideaThere is two choices. First one is risk entry, if the price hits the bottom of bullish pattern (nearly hit). Second one is breakout entry, if the candlestick close above the bullish pattern. This idea is longterm buy.
AUDCAD Setting Up for a 1,000 Pip Move?Hey hey.
My name is Kaci.
In this video, I complete a top down analysis of AUDCAD.
I take a bird's eye view of the longer term move in the market.
In this video, I use fibonacci retracement and extension tool to help me determine my bias.
Right now, I believe we are in a down retracement and price on the weekly has not hit one of our key levels, 38.2, 50. or 61.8.
However, price has hit an extension to the downside off of a shallow retracement.
I believe we may see a short term move to the upside before a longer term move to the downside.
What's your bias on this pair?
AUDCAD Short SetupLong term sell setup.
I have a video posted in my published ideas that may provide more insight into my analysis.
AUDCAD ig going up to 0.9468AUDCAD is in a upward channel in H4 and it will be upward until touch the zone between 0.9468 and 0.9498
AudCad buy ideaAudCad has printed what looks like an Ending diagonal followed by in inverse head and shoulder with the right shoulder bouncing on 0.5 fib retracement
AUD/CAD BUY Signal (IDEA)AUD/CAD Signal
Market Buy: 0.92680
Stop-Loss: 0.92250
Target 1: 0.93150
Target 2: 0.93730
Stop-Loss: 43 pips
Risk: 0,5%
Risk-Reward: 2.44
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.
AUD/CADBuy: AUD / CAD
SL @ 0.92200
TP @ 0.93000
Max Risk: 2%
(When calculating, do not forget about different spreads from Brokers)
Leave comments or likes to keep our content free and alive.
Have a good week to everyone
AUDCAD 30m double flat bottomAUDCAD double reached the double flat bottom on the 30m targeting the previous POC, and orderblock area
audcad longaudcad buy :
1)based on my fib levels it will retest and will bounce up
2)due to news it gave a huge bullish momentum and will continue the same for next day
so we can expect a bull candle in 1D tf tomorrow
Positive show on AUD/CADLots of positivity after a strong wave.. seems to be a change of direction
Waiting for a small correction
We expect it to continue to rise
