Audcadlong
AUDCAD long trade idea update!seller manage to push price up and breakout the resistance level with decent momentum (last analysis link attached below!), this setup looks quite promising but we still have to wait for a buy signal to form .. be patient!
Plan : wait for price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUDCAD long trade ideaprice reacted to monthly support level and bounce up driven by RBA interest rate announcement today, if buyer manage to push price to breakout the resistance level we might have a chance to long on this pair,. good luck!
Plan : resistance level breakout --> wait for price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUDCAD bounced from support, potential for a further rise!
AUDCAD bounced off 0.87881 where it could potentially rise further to 0.88221.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD bounced from support, potential for a further rise!
AUDCAD bounced off 0.87682 where it could potentially rise further to 0.87845..
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUD/CAD : Buy Trade SetupDescending Channel are Reversal pattern , loong for the Upside move,
Let see How Market MMove.
ThankYou
AUDCAD POSSIBLE SMALL BUY ZONEHas a retest on small zone area possible small buy till top resistance
AUDCAD buy on H2Plan : resistance level breakout --> wait for price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUDCAD bounced from support, potential for a further rise!
AUDCAD bounced off 0.87723 where it could potentially rise further to 0.88421.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD (MEDIUM TERM) TIME TO BUY?The pair to me looks like its getting tightly squeezed into this type of falling wedge, can we see a correction to the medium top channel and maybe a break above towards the impulsive leg? The pair for me is still bearish and i will be watching it closely as their may be some kind of shift in momentum towards the upside and a continuation possibly for a little longer than short term. If you are going to trade this, i suggest you watch it as bulls have not been strong at all
AUDCAD W4 FEB 2020• Long setup
• Forming lower highs and lows within descending channel
• Entry = 50:100 pips (1:2)
AUDCAD look like (W)(X)(Y)Wave (W), a zigzag, (X) a triangle and (Y) unfolding wil likely see a minute wave (a)(b)(c) a rally before dropping for the final leg of wave (Y)
AUDCAD - Long Waiting for a double bottom to form or some sort of reversal pattern and then looking for a long position
AUD/CAD LONG SET UP ON 1HR TFBUY AUD/CAD
Market execution
Entry 1 0.88480
buy limit
Entry 2 0.88380
Sl 0.88237
Tp.1 .88680
Tp.2 0.88980
Tp.3 0.89280
