Audcadlong
AUD/CAD long opportunitiesPossible buying opportunities for AUD/CAD. Price has been inside Ascending Channel for a while now. Price recently has been bounced off the middle line of the channel giving us two different buy setups if the price eventually ends up over the middle line and just over the Support line. Put your Stop Loss just under the channel.
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AUSTRALIAN DOLLAR / CANADIAN DOLLAR (AUDCAD)Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
AudCad Sell-setup Opportunity!!!AudCad Seen approaching a very strong resistance parameters For a good sell opportunity, No break upside because we also at the Top trend-line reversing for a sell to bottom trend-line or supports below as indicated on the charts. Lets take advantage of this great opportunity. Please if you love my ideas support me with a LIKE, FOLLOW and also share your ideas on this particular pair too. Also always apply proper risk managements thanks!
AUDCAD - Ending the Month for with a LONG or SHORT Will AUDCAD continue going up or will it reverse back down?
AUDCAD has been rallying up the past days. Due to strong GOLD and weak US OIL.
However, CANADA is set to announce their economic plans next week.
Will this strengthen the CAD? If so, then we will be seeing a 300 to 500 pip move next week
AUDCAD ended the week with a break of previous week's high, will it be supported by BUYERS?
We will see next week. If you like my idea, please do click LIKE or COMMENT. And you may also follow me for more ideas.
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AUDCAD Market Outlook | Daily Forex Market BreakdownAUDCAD
This pair is looking amazing! As long as we stay below current resistance I believe we are going to roll over to the downside. Looking for potential shorts soon just waiting to see if we can wick to the upside first giving a clean entry! Remember patience is everything is this game.