Audcadlong
AUDCAD, 8hr tf, buy on trendline retest
Price might bounce from this trendline for further upside in this pair.
We are about to start the wave-(iii) which might target 0.9950-60 area if price stopped at 1.618 fibonacci extension.
Buy AUDCAD 0.9600
Stop loss 0.9530
Take profit 0.9950 (5R)
Use only 1-2% risk
Good luck
AUD/CAD Last Entry Running In 40 Pips And The Old 100 PipsThis 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 facing bullish pressure, potential for further bounce!Prices are facing bullish pressure from pivot level which is in line with horizontal swing low support, 78.6% Fibonacci retracement, and 61.8% Fibonacci extension. Prices might push up towards 1st resistance which is a swing high resistance in line with 127.2% Fibonacci retracement and 78.6% Fibonacci extension. If prices push down further, prices might take support from horizontal swing low support which coincides with 61.8% Fibonacci retracement and 78.6% Fibonacci extension. Ichimoku cloud is also below prices, showing a bullish pressure for prices.
AUDCAD 0.97392 + 0.23 % LONG IDEA * PRICE ACTION & CHART PTTNS HELLO EVERYONE
HOPE EVERYONE IS DOING GOOD HAVING A GOOD ONE IN THE MARKET THIS WEEK, HERE'S A LOOK AT THE AUD / CAD PAIR .
* follow your entry rules on entries
* significant moves with the bears change the plan.
lets see how it goes.
many stars must align with the plan before executing the trade, kindly follow your rules.
HAPPY TRADING EVERYONE & LET YOUR WINS RUN...
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ENTRY & SL - FOLLOW YOUR RULES
RISK-MANAGEMENT
PERIOD - SWING TRADE
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If this idea helps with your trading plan kindly leave a like definitely appreciate it.
AUD/CAD Running In 100 Pips Profits And New 2 Entries Added 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
Buy opportuinity on AUD/CADThe pair formed an inverted head and shoulders on 4H time-frame, and bounced up from its neck line after forming a bullish engulfing pattern, which confirmed conditionality of the uptrend and will target level 0.9795as its primary target in the uptrend.
if we looking for the RSI indicator we will find that it bounced up from around level 50 which support continuing the uptrend, and the Stochastic shown a positive crossover beside its mid-range which increasing the probability of continuing the current uptrend.
So, in my opinion we can go long from current level 0.9679 with SL @ 0.9650 and targets around 0.9795 then 0.9815
** AUDCAD ** long trade currently open, lets watch how plays outThe entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
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