AUDCAD Long Term BUYING Trading IdeaHello Traders
In This Chart AUDCAD DAILY Forex Forecast By FOREX PLANET
today AUDCAD analysis 👆
🟢This Chart includes_ (AUDCAD market update)
🟢What is The Next Opportunity on AUDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Audcadlong
AUDCAD 11/09 MovePair : AUDCAD ( Australian Dollar / Canadian Dollar )
Description :
Completed Its Impulse and Correction and It can again make Impulsive move if Reject the Upper Trendline. Completed " 12345 " and " AB " Corrective Waves , Rejecting the Lower Lows / Lower Highs Trend with Strong Bullish Price Action
AUDCAD Long Term BUYING Trading IdeaHello Traders
In This Chart AUDCAD DAILY Forex Forecast By FOREX PLANET
today AUDCAD analysis 👆
🟢This Chart includes_ (AUDCAD market update)
🟢What is The Next Opportunity on AUDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUDCAD HIGHER CONTEXT ANALYSISThis idea base on the volumes being seen on the charts.
I will expect more 50% retrace or higher.
Stoploss at your own risk.
WE anticipate if there is orderflow after that break of structure.
For swing traders. lets dive in..
Since this pair january until today it keep ripping down..
Now im expecting a slowly reaping that fall again.
thank you all for 400+ followers. this is good for swing traders.
AUD CAD LONGRIsky Trade which is against the trend.
Risk 0.5%
TP1 = 1:5 RR
Disclaimer:
The contents in this Idea are intended for information purpose only and do not constitute investment recommendation or advice. Nor are they used to promote any specific products or services. They serve as an integral part of a case study to demonstrate fundamental concepts in risk management under given market scenarios. A full version of the disclaimer is available in our profile description.
AUDCAD - Short active ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here I expect bearish price action as we can see that price filled the imbalance and rejected from 1H bearish order block + institutional mid figure 0.89500.
Fundamental analysis: This week on Friday will be released monthly GDP on CAD, that was forecasted to increase, this means strength in currency, which can support our analysis.
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AUDCAD Long BullishThe AUDCAD long bullish idea is supported by two key technical indicators: breakout and bullish divergence.
Breakout: The AUDCAD currency pair has experienced a breakout above a significant resistance level. This breakout suggests a potential upward movement in the pair, indicating a shift in momentum in favor of the bulls. Traders often interpret breakouts as a signal for potential buying opportunities.
Bullish Divergence: In addition to the breakout, there is a presence of bullish divergence in the price action. This occurs when the price makes lower lows, but the corresponding indicator (such as RSI or MACD) makes higher lows. It indicates that the selling pressure is weakening, and a bullish reversal might be on the horizon.
Combining these two technical signals, traders might consider taking a long position on the AUDCAD currency pair, anticipating further upward movement in the exchange rate. However, it is essential to perform further analysis and risk management before executing any trades. Traders should also be aware of potential risks, such as unforeseen market events or changes in economic fundamentals that could impact the currency pair's direction. As with any trading idea, it is crucial to consider your own trading strategy and risk tolerance before making any decisions.
AUDCAD Short Term Buy IdeaH4 - Bullish trend pattern, currently it looks like a correction is happening.
Price respected a strong support zone and is bouncing higher.
Bullish hidden divergence followed by continuing bullish divergence.
Until the two strong support zones hold my short term view remains bullish here.
AUD/CAD +200 Pips 0 Drawdown,New Entry Added To Who Missed FirstThis Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDCAD Buy TF H4 TP = 0.8947On the 4-hour chart the trend started on June 30 (linear regression channel).
There is a high probability of profit. A possible take profit level is 0.8947
But do not forget about SL = 0.8740
Using a trailing stop is also a good idea!
Please leave your feedback, your opinion. I am very interested. Thank you!
Good luck!
Regards, WeBelieveInTrading
LONG - AUDCAD (D) (28 May 2023)Position Trade - AUDCAD
This is a pair that I would personally study to just observe and see how price will behave as there are no fresh Daily zones to buy from and that is not part of my trading plan.
In the Monthly Chart,
- Price is reaching Monthly Demand
But in the weekly and daily charts, there are no clean zones to buy from. Hence, best to stay away from.
Daily Chart
- a potential zone to buy from if traders want to take the risk as it hits the HTF demand
AUD/CAD Giving Good Bullish P.A , Can We Buy It Now ?This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.