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Audcadlong

AUDCAD facing bullish pressure | 25 Mar 2021Prices are facing bullish pressure as it broke out of our descending trend line resistance and are taking support on buy entry which coincides with 50% Fibonacci extension and 78.6% Fibonacci retracement. Prices might bounce towards take profit target which coincides with 50% Fibonacci retracement and 161.8% Fibonacci retracement. If prices push downwards, prices might take support from stop loss level which is in lien with -27.2% Fibonacci retracement an 61.8% Fibonacci extension. Stochastics is also approaching 4.51 level, possible for a bounce, in line with our analysis.
Long
by FXCM
9
AUDCAD facing bullish pressure, potential for further bounce!Prices are facing bullish pressure from 1st support level which is in line with 50% fibonacci extension and 78.6% fibonacci retracement . Prices might push up towards 1st resistance which is horizontal swing high resistance which is in line with 161.8% fibonacci retracement and 50% fibonacci retracement . If prices fall through 1st support, prices might take support from 2nd support which is in lien with -27.2% fibonacci retracement and 61.8% fibonacci extension . Stochastics is also approaching 5.71 level, potential for a bounce which is in line with our hypothesis.
Long
by TradeGATEHub
5
AUDCAD - SWING - 22. MAR. 2021Welcome to our weekly trade setup ( AUDCAD )! - 1 HOUR Market closed above main sr level. 4 HOUR Expecting strong bullish price action. DAILY Bullish market structure about to push towards previous highs. - FOREX SWING BUY AUDCAD ENTRY LEVEL @ 0.96530 SL @ 0.96150 TP @ 0.97070 Max Risk: 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
42
AUDCAD Long! 1H / 1:3 RRDear fellow traders! Ding Ding Ding, it’s money making time again! I’ve spotted a great setup here on AJ ! Here it is: Entry Level (Buy): at 84.360 Stop Loss: at 84.243 Take Profit: at 84.719 With this setup, we are risking 117 pips for the rewards of 359 pips! P/S: Please remember, trading is always risky, and if you don't have a proper money management, you are a gambler. We do not expect or hoping that market will go as per our plan. We just speculate, setup an entry level, and if the market goes our way, we make money. If it doesn't, it's still fine, there's always next opportunity. Good luck!
Long
by mimlin
AUDCAD - Time to buyRead the chart What do you think? Share your opinion in the comment section✍️ Please support this idea with a LIKE👍 if you find it useful🥳 Also, kindly cheer me with coins if you like my work. Follow me to receive more updates on this pair🤙 Happy Trading💰🥳🤗 Trading Involves High Risk⚠️ Not Financial Advice💸 Use Proper Risk Management💹 Thank you for your support!💓 NB: If you have any question for me or you would like to learn forex trading, improve on your technical analysis skills or have access to VIP , DM me.
Long
by PetrockFxTrading
AUDCAD Quickie! 15M / 2.5Dear traders, Here's my idea on AC ! I think we can make some money out of this trade (but with a risk, of course). Here it is: Entry Level (buy): at 0.98717 Stop Loss: at 0.98660 Take Profit: at 0.98860 With this trade, we are risking 57 pips, for 143 pips of reward! Good luck! P/S: There's a possibility that the market will go straight to the TP. Be cautious if you wanted to enter now and target the provided TP. Always be mindful of your money management.
by mimlin