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Audcadlong

AUDCAD - Two possible movesPrice is currently in the support zone. I expect price to either breakout of the support zone upward or pullback to the demand zone to complete the double top M pattern. What do you think? Share your opinion in the comment section.😇 Please support this idea with LIKE👍 if you find it useful.🥳 Follow me to receive more contents like this.🤙 Happy Trading💰🥳🤗 Trading Involves High Risk⚠️ Not Financial Advice💸 Use Proper Risk Management💹 Thank you for your support!💓
Short
by PetrockFxTrading
Breakout 5.3RR - Sniper entry + RSI analysisPrice just broke out of a descending channel, which is bullish. It is ready to break out from a larger timeframe resistance (in yellow) Based on the trendlines from the RSI, price should be retesting the break of that channel and for a "spring" so that price can break the resistance with force and aggression to the upside. The spring will be formed from the convergence of multiple supports in the same zone. The POC (in red) is also in that area so we might see a wick touch it. Here is a better look at the 4H yellow resistance : I'm taking the price up to the larger term resistance trendline that you can see here on the DAILY timeframe : And that resistance is also in convergence with the WEEKLY red trendline : And finally, you could also consider this to be an inverted Head & Shoulders formation on the 15 min timeframe:
Long
by TheSnowballEffect
AUDCAD - Buy Entry - D1 Daily ChartAUDCAD - Buy Entry - D1 Daily Chart Buy @ Current Market Price or on a pull back into the Buy Zone Stop Loss @ 0.5% to 1% of your Account Balance Take Profit @ I will update when to close - Follow me to receive updates ✅ Please support the idea with a Like 👍 Follow me to receive updates of this analysis, plus new ideas ✅ Thank you for your support 😊 Wishing you successful trading 🙏 ------------------------------------------------------------------------------------ 🔺 Disclaimer! The content of this analysis is subject to change at any time without notice. 🔺 It is provided for the sole purpose of assisting traders to make independent investment decisions. 🔺 You must do your own research to create your own trading plan for the market. ------------------------------------------------------------------------------------
Long
by UnknownUnicorn5418842
AUDCAD - Day trade by Keltner Channels - 4 feb 2021ENTRY: Buy Lower/Sell Upper | basis 20 | keltner confirm | reset Keltner | Upper/Lower 1 | crossing: 3 | Candle not entry | HH-LL: 5 | adx: 31 | 1. How to fill color the Keltner Channel: ...All Upper, Basis, Lower inscreased to fill green. ...All upper, basis, lower descrease to fill red. ...One of the Upper, Basis, Lower is not the same direction fill gray color. 2. How to calculate a Trend: ...If the Total of 25 candles > 0 to give Uptrend. ...If the Total of 25 candles < 0 to give Downtrend. 3. How to entry. - Buy's entry when the Color is up and the price crossunder the Basis. - Sell' entry when the Color is down and the price crossover the Basis. 4. How to calculate the Stoploss and Take profit:
Long
by dinhchien
2
AUDCAD: The Last LONG opportunity!Hi traders and welcome to my channel, if you enjoy my FREE Technical Analysis 📈 and Trading Tips 📉, support the idea hitting the LIKE 👍 button and don't forget to SUBSCRIBE ✔️ my channel, you won't miss anything ! 🟢 Forex Pair : AUD/CAD ⚪ Technical Analysis : Since December 2020, the price has been moving with a nice uptrend after it got a strong impulse on the level at about 0.94560. It reached and broke a daily resistance level at about 0.96550 and pushed up breaking through the level at 0.97700. On the 6th of January the price finally bounced on the main resistance level (this is a strong weekly resistance that rejected the price many times in the past) and it failed many attempts to break the same level. The 20th of January the price got a new rejection on the level at about 0.97700 and it seems has started a new uptrend. 🔴 Conclusion : The price is currently bouncing between two S/R levels and I'm confident to see it reaching one more time its next main resistance zone. It would be a really short term trade, considering that in the daily and weekly time frame, the price is very close to an important S/R zone that rejected the price many times in the past. Stay tuned for Updates and Trading Signals ! What's your opinion? Share your idea writing a comment! ⚠️ Please note the views are not investment advice and should be used only for educational purposes ⚠️ Trade Safe and Responsibly , Gianni
Long
by FXtrades-gp
8
AUDCAD - How to find the better orderIdea: to search a rule of trade give the profit percent over 60% in the risk/reward 1/1. Next to find the zone for order there is risk/reward ratio more 1/1 (1.1, 1.5, 2...). ----- Step 1: I found the rule from 1/1/2020 to 26/1/2021 has the profit percentage over 60% (61.4%). Step 2: I found the second order at Fibonacci 60% (the risk/reward: 1/1.5) to have the best result. First result with only one order has net profit is 103.303 percent, the second order is 303.197% (risk/reward 1/1.5). *** When the first order actives wait for order Limit at Second entry. ---> How the strategy do at below: 1. How to fill color the Keltner Channel: ...All Upper, Basis, Lower inscreased to fill green. ...All upper, basis, lower descrease to fill red. ...One of the Upper, Basis, Lower is not the same direction fill gray color. 2. How to calculate a Trend: ...If the Total of 25 candles > 0 to give Uptrend. ...If the Total of 25 candles < 0 to give Downtrend. 3. How to entry. - Buy's entry when the Color is up and the price crossunder the Basis. - Sell' entry when the Color is down and the price crossover the Basis. 4. How to calculate the Stoploss and Take profit:
Long
by dinhchien
1
AUDCAD - Day trade by Keltner Channels - 25 Jan 2021Entry 1: R/R 1/1 Entry 2 is at fibonacci 60%. R/R 1/1.5 ------ 1. How to fill color the Keltner Channel: ...All Upper, Basis, Lower inscreased to fill green. ...All upper, basis, lower descrease to fill red. ...One of the Upper, Basis, Lower is not the same direction fill gray color. 2. How to calculate a Trend: ...If the Total of 25 candles > 0 to give Uptrend. ...If the Total of 25 candles < 0 to give Downtrend. 3. How to entry. - Buy's entry when the Color is up and the price crossunder the Basis. - Sell' entry when the Color is down and the price crossover the Basis. 4. How to calculate the Stoploss and Take profit:
Long
by dinhchien