Audcadlong
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 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.