AUDCAD - Long from trendline ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look only for long position. I want price to continue the retracement to fulfill that huge imbalance and then to reject from trendline + institutional big figure 0.90000.
Fundamental news: This week on Friday (GMT+3) we will see results of Unemployment Rate on CAD, news with high impact on currency.
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Audcadlong
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AUD/CAD Giving Good Bullish P.A , Long Setup To Get 100 Pips !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.
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AUDCAD Long Trade Setup A #long trade opportunity recently presented itself on the #aussieloonie (#AUDCAD) #trading chart 📈.
This is indicated by the #bullish engulfing candlestick 🕯️ pattern just above the 0.88046 horizontal support level.
This indicates a rejection of the same level, with potential price move in the upward ⬆️ direction (#buy).
Sufficient upward momentum should see price rallying towards the 0.90000 psychological level and possibly testing the strength of the 0.90113 horizontal resistance level.
As always, please apply appropriate risk management.
Happy trading!
#crosspair
AUDCAD Trade IdeaIn this video, we delve into a comprehensive technical analysis and trading concept for AUDCAD. Our assessment reveals a potential trade opportunity. We meticulously analyze the current price action, closely scrutinize market structure, and incorporate market dynamics. Based on favorable conditions, we identify a potential entry point. However, it is crucial to underscore the significance of implementing robust risk management strategies. Please note that this video is purely educational and should not be construed as financial advice.
Bullish Outlook for AUD/CAD - Entry Opportunity Identified
Overview:
AUD/CAD completed XABCD harmonic pattern, finding strong rejection at point D (0.87200). Price now re-testing key support, suggesting bullish potential.
Entry:
Consider entry at current price 0.88160 to align with anticipated bullish sentiment.
Risk Management:
Place stop-loss at 0.87200 to mitigate downside risk.
Profit Targets:
TP-1: 0.89140, TP-2: 0.90100 for optimal trade management.
Rationale:
Recent rejection at point D and price action support bullish bias. Prudent risk management is advised.
Conclusion:
Favoring bullish stance on AUD/CAD. Entry at 0.88160 with defined risk and reward. Monitor closely for optimal outcomes.
Disclaimer:
Forex trading carries risks. This analysis is for guidance only, not financial advice. Consult a qualified advisor before trading.
AUDCAD I Potential intraday long Welcome back! Let me know your thoughts in the comments!
** AUDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUDCAD Buy The Next Target is In Place Now Seeing the strong move happen just before the weekend kicked in this pair had me curious. I checked a few things and see this is a clear buying signal. We have a breakout on the bullish harmonic (breach) and break above Darva's box, and we have breakout over my market structure bar setting. Also, I forgot to mention, sentiment is strong against sellers. We have a high number of short positions. I take contrarian view. In today's video I explain why I bought and where I expect price to go.
AUD/CAD Long Idea 04/04This is just a simple idea of what I think will happen for AUD/CAD tomorrow(04/04). I am not a financial advisor nor is this financial advice, TRADE AT YOUR OWN RISK.
I feel as if price will test the PWH (0.88984). Pullback to the bullish FVG (Fair value gap) earlier to somewhere around 0.88587 & take off. I see it def clearing PWH(previous week high) after test final destination a supply zone, found on 1hr, around 0.89344- 0.89503, also is PMH(previous month high). 9 & 50 SMA are crossing indicating bull trend reversal. RSI is getting to overbought levels but that is why i think it would be such a deep pullback to fuel a strong push up. Thanx for reading, open for any comments or feedback
AUDCAD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I wait price to continue the retracement to take liquidity above equal highs and to fill the imbalance, then to reject from bearish order block.
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AUDCAD→ Day Analysis | BUY SetupHello Traders, here is the full analysis.
Price reversal going up, levels for BUY . AUDCAD long
! Great BUY opportunity AUDCAD
I still did my best and this is the most likely count for me at the moment.
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AUD/CAD LONG trade from .8882The price of AUD/CAD is trading above the 200 EMA on H1 having been below for the last 9 or so hours.
The 25 EMA is also crossing the 50 EMA north and both these signs suggest were are in or we are entering a BULLISH market on this pair.
The price is also above the WPP mid pivot which will act as double support along with the 200.
On the Pivot Point SuperTrend the price remains above the green BUY signal and this has been the case since 13:00 Friday.
On the 15m time frame, the Andean Oscillator has the green BUY line above both the red SELL line and the signal line and the red SELL line is flat.
All the signs are that this pair is headed higher and in the absence of scheduled news there's no reason why we shouldn't see AUD/CAD move highert over the next 24 hours.
STOp on this trade is below the swing low at .8864 (18 pip STOP) and our target is WR1 which sits above price at .8992.
AUDCAD - Long active ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block.
Fundamental news: On Thursday we will see results of Unemployment Rate on AUD, news with high impact on currency.
Like, comment and subscribe to be in touch with my content!
AUDCAD: Big Buying Opportunity, Do not miss out! AUDCAD has shown extreme bullish price action, currently we are seeing some correction and price is likely to drop to our region and bounce straight up from that area of entry. Possible helping us gain 300-500 pips from the move. Use accurate stop loss and take profit.