Audcadlong
AUD CAD Long positionhis is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUD/CAD New Long Setup After Retest To Our Supp To Confirm !This is an educational + analytic content that will teach why and how to enter a trade
Make sure you watch the price action closely in each analysis as this is a very important part of our method
Disclaimer : this analysis can change at anytime without notice and it is only for the purpose of assisting traders to make independent investments decisions
AUDCAD BULLISH SIGNS AND POSSIBLE RECOVERYSince May AUDCAD is following a strong bearish direction, finally we might have the sign of a possible recovery, the pair failed to make a new lower low. If the pair manages to exit the bearish channel we will assist to a possible bullish move of 150 points reaching a key level at 0.94100. I will enter this buy position only if AUDCAD reaches 0.92850, with a tight stop loss.
AUDCAD Trade IdeaQuasimodo Pattern sited! A great opportunity for buyers to get in at a good price.
In this video, I walk you through the setup so that you learn to do it on your own.
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I will be sending updates to this setup!
This will probably play out Sun/Mon. Would be nice to start the week with a banger trade, eh?!!
Wait for complete consolidation pattern, confirm uptrend AUDCADH1 time frame.
Structure: Break downtrend, break key level.
Wait for complete consolidation pattern and confirm uptrend to buy.
Target is next resistance at 0.94000.
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Wish you all have a good trading day!
AUDCAD AnalysisPrice is currently trading within and continuing to form a decending widening wedge (which still hold even on the D1). I made a further analysis on the H4 and foound that price has formed a decending widening wedge too. We are currently nullish from a second resistance trrendline touch. I believe price will continue long until it gives us the third touch on the resistance trendline, before dropping again. On the third support line touch, I expect price will give us an impulse move up (assuming price doesnt break below. In the meantime, I will be looking potential entry opportunities to ride the wave up.
*Disclaimer*
This is not financial advice. Forex trading is a risky business. Trade at your own risk. Patience and risk management are crucial.
#Trade_Like_A_Magnate
AUDCAD ANALYSIS My previously prediction is that price would go from bearish to bullish within the green killzone area. As you can see, the previous resistance level was never broken to confirm that price would reverse. I am currently waiting for a higher high, higher close to form and for price to break the current resistance level before entering.