AUDCAD long 4H TFIf there will be confirmation on 50 FIB, than long is really on point so keep focus
Audcadlong
7 Dimension Analysis for AUDCAD 😇 7 Dimension Analysis
Time Frame: H4
1️⃣ Swing Structure: Bullish
🟢 Structure Behavior: Break of Structure (BoS)
🟢 Swing Move: Impulsive
🟢 Inducement: Done
🟢 Internal Structure: Also bullish
🟢 Decisional FVG liquidity: Mitigated, Making a prebreak out Buildup
🟢 Traps: Fakeout done at the top, grabbed all the swing liquidity from lower side
2️⃣ Pattern
🟢 CHART PATTERNS: Continuation Ascending Triangle
🟢 CANDLE PATTERNS: This is a consolidation area; no valid candle pattern is observed. We will check our candle patterns at the breakout or market opening
3️⃣ Volume
🟢 We need a deep observation of volume on the breakout
🟢 less than the previous move
4️⃣ Momentum RSI
🟢 Zone: Sideways
🟢 Range shift: Bullish to sideways
🟢 Divergence: A bearish divergence is here, but it's weak
5️⃣ Volatility Bollinger Bands
🟢 High level of contraction
🟢 Various Band Punchers on the upper band, but they don't follow up the signal
6️⃣ Strength According to ROC
🟢 Values: AUD is 7.01 vs CAD 3.02
7️⃣ Sentiment
When we mix up all the parameters, there is a high chance the price can go up during the coming sessions, so we need to seek buy entries during the week
✔️ Entry Time Frame: H4
✅ Entry TF Structure: Sideways as internal
☑️ Current move: Impulsive sideways
✔ Support resistance base: Fixed range volume POI
☑️ Candles Behavior: Nothing is clear
💡 Decision: We need to wait for the price to break the upper level or come downside to our POI area, then we can buy this pair
🚀 Entry: 0.8980
✋ Stop Loss: 0.8925
🎯 Take Profit: 0.9150
2nd If Internal Structure changes also Exit 3rd Trendline Breakout, Fomo
😊 Risk to Reward Ratio: 3.1
🕛 Expected Duration: 7 days
SUMMARY: The analysis indicates a bullish stance with a well-defined structure and pattern, though the candle patterns are not clear at the moment. The decision suggests waiting for a breakout or a move to the POI area for a buy entry, considering potential internal structure changes and trendline breakouts.
AUDCAD LONG AND SHORT TERM ANALYSIS 1/7/24(Audcad long- and short-term analysis)
I wanted to show you guys my whole thought process through Audcad so you guys can watch how this plays out.
* as traders we cannot predict the market but we can take what its giving us and run with it.
AUDCADI am expecting AUDCAD to make a move upward, thereby taking out the previous high before making way to my TP.
AUDCADAUDCAD long term view is bullish where we expect price to grow from the current moment and there are three possible three target, possible of reaching all target duration will be by end of the January. Reason for buying is totally based on technical side of the market and charts does show strong bullish bias. Like and Comment ;)
AUDCAD possible long for 0.9050demand zone for long 0.8920-8900, one more extreme demand zone 0.8990-80, stop loss: 0.8860, target: 0.9050.
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 longs. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block + institutional big figure 0.89000.
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#AUDCAD|| 600+ Buying Setup||Dear Traders,
XAU and AUD are positively correlated which means when price of GOLD goes up AUD goes up too. Hence, AUDCAD dropped heavily in recent time and therefore price is at the 'discounted level' where big buys are expected within the next week. It is crucial to enter with good risk management. Next week is likely to be volatile.
Good Luck and Like and Follow!!
AUDCAD LONG - WAIT FOR PULLBACK!Waiting for a retest of 0.89091 to long AUDCAD back to Daily swing high at 0.90394
If you agree drop a like and if you have any questions leave a comment :)
AUDCAD R:R 1:4This is for short term
Awaiting for News Release.
Marked Possible Buy zone
Once Reached Entry zone Look for Liquidity sweep and BOS in LTF then Enter
And this is risky too.
Please DYOR before entering the trade.
AUDCAD - Long from bullish order block ✅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 long. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 0.89000.
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AUDCAD - Expect retracement ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: As I expected in my last analysis price rallied up, now I wait price to take liquidity above equal highs and then we could see a retracement to fill that huge imbalance lower.
Fundamental news: This week on Friday will be released Unemployment Rate on AUD. If the result is negative, it will support our idea.
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AUDCAD is approaching midpoint bullish run expectedAUDCAD is falling towards midlevel 50% Fibonacci level, AUD weakness after the RBA interest rate hike with dovish statement which led to the downfall in AUDCAD and yesterday USD strength is also a another factor for the downward correction in AUDCAD. If risk trades getting traction this pair will bounce from .87450 level the possible upper side target will be .89000. Stop lose may set below the .87000 level will give us 3.88 Risk reward ratio. Happy trading
AUDCAD - Look for a long ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective with clear higher highs and higher lows. I want price to go a little bit lower and then to reject from bullish order block + institutional big figure 0.88000.
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AUDCADAUDCAD was trading in symmetrical triangle pattern. The price was reacting well the support and resistance of triangle.
Currently the price has given the breakout of triangle and now retesting the broken level where it is also forming a local support zone and seems like the price may go for another leg higher.
If the breakout sustain to upside the optimum target could be 0.8900
What you guys think of this idea?
AUDCAD Technical Analysis And Trade Idea Asian OpenIn this video, we embark on an in-depth analysis of the AUDCAD currency pair, with a primary focus on the existing bullish price momentum witnessed in both the 1-day (1D) timeframe. It is worth noting that the currency pair is approaching a critical support level, hinting at the potential for a forthcoming upswing. Throughout our discussion, we will delve deeply into the intricate aspects of technical analysis, encompassing the current market trend, price dynamics, market structure, and other essential components of technical analysis. As we progress through this video, we will explore a potential trading opportunity.
It is crucial to emphasize that the information presented in this video is intended solely for educational purposes and should not be considered as financial advice. It is essential to understand that participation in the foreign exchange market involves a significant level of risk. Consequently, it is imperative to prudently incorporate robust risk management strategies into your trading plan.
AUDCAD Long IdeaLooking to get into buys from the demand level which aligns perfectly with daily and weekly support level.
AUDCAD Analysis H4Here is my analysis for AUDCAD on H4 using Order Block. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUD/CAD ↗️ Long Trade Setup ↗️Hello Everyone 🙋🏽♂️
🔴 0.87555
🟢 0.90485
We are not responsible of any losses for anyone, our trades are profitable more for long terms and we take losses as everyone,
manage your lot size as well and your SL and TP and my opinion is 0.01 lot for each 500 $.
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Best Regard / EMA Trading .
Disclaimer:
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It's not a financial advise, As everyone we take losses sometime but for long term trading we are profitable traders, so manage your account well with SL and TP and your lot size to keep your account safe and stay in the market .
AUDCAD - Potential long ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: As we can see here price changed the character and started to make higher highs and higher lows, so I am looking for long position. I want price to continue the retracement to fill that little imbalance lower and then price to reject from bullish order block + institutional big figure 0.87000.
Fundamental news: On Friday will be released Unemployment Rate in Canada, so pay attention to the result in order to validate the analysis.
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