Audcadlong
AUDCAD - Long with TWO confirmationsGetting ready to buy AUDCAD. Market structure shifted bullish PLUS an inverted Head and Shoulder.
What confirms the idea in my head is the dip below the support level, indicating institutional stop hunting before going long.
All this after being fairly bearish yesterday. Just goes to show how fluid the market is and how flexible we have to be in our approach!
Let me know what you think in the comments below!
AUDCAD - buy after Preconditions:
- key level;
- accumulation;
- wait for grown;
You will learn the best place where we can trade this instrument at low risk.
Write in the comments all your questions and instruments analysis of which you want to see.
Friends, push the like button, write a comment, and share with your mates - that would be the best THANK YOU.
P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AUDCAD - Day trade by Keltner Channel 08/01/20211. 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:
update on AUDCAD Long TradeHey traders, this is the update on the AUDCAD trade that I forecast on 5 January. Check the previous analysis down below.
NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
AUDCAD Buy IdeaAUDCAD is on a clear uptrend, oppurtunity to buy appear on MACD.
Disclaimer -Disclaimer -Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
AUDCAD: Deciding zone to go long or shortHello to all,
AUDCAD was came to an important resistance level. Its the top of falling channel and middle of upside main channel.
We can wait any breakout to upside for join a long trade or we can short from here and stop if see any candle close above channel.
Good Luck!
If you find it useful, please support this idea with LIKE.
AUDCAD - Day trade signal by Keltner 24/12/20201. 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: