AUDCAD - Small Sell OffAUDCAD Is starting to combat this bearish trend but I don't think its time for it to depart. Price may want to push down into the most recent imprinted low before trying to make an upside move.
Audcadsell
AUD/CAD Multi-Timeframe analysis (08/03/2021)Hi Traders
AUD/CAD Multi-Timeframe analysis (08/03/2021)
H1 Chart (Strong Down)
The market is approaching the resistance at 0.97252 . We are waiting to see reversal signals in order to reinstate SHORT positions. Next important resistance is the 0.98225 level.
Support & Resistance
0.97016 0.97252
0.96877 0.98225
0.96641 0.98733
H4 Chart (Bearish)
Target 1 at 0.97224 has been reached. We closed 50% of our position and have moved the stop loss at the lock-in-profits level at 0.98522 . Provided the market conditions will remain the same Target 2 will be reached soon.
Support & Resistance
0.98208 0.98711
0.97874 0.98975
0.97224 0.99371
Daily Chart (Neutral)
Conflicting technical signals are indicating towards an unstable market, cautioning us to remain neutral and wait for a stronger trend to develop.
Support & Resistance
0.97057 0.97130
0.96164 0.98993
0.95483 0.99921
Weekly Chart (Strong Up)
Waiting for a retracement lower towards the 0.96954 support level, in order to reinstate LONG positions. Next important support is the 0.92464 level.
Support & Resistance
0.96954 0.99921
0.92464 1.04093
0.91493 1.11412
AUD CAD BIG SHORT OPPORTUNITYAFTER REJECTING THE TREND LINE FOR 4 TIMES THIS MIGHT BE THE 5TH , SO BETTER TO YOU TO FIND SHORT POSITION ON SMALL FRAMES 4H OR 1H , AFTER REJECTING SUPPORTS , AND IF YOU TAKE A LOOK ON THE DAILY FRAME THE RSI GIVES US A CLEAR DIVERGANCE WICH CONFIRM THAT THIS UPTREND ARE LOSSING HIS BULLISH VOLATILITY !
DON'T FORGET TO FOLLOW ME FOR STUNING ANNALYSIS !
YOUNG & RICH
Take Short position on AUD/CADAs you know few days ago price reached to it's highest level since 2018 because of monetary policies of Canada Central Bank and now we expect to see it goes down to the lower level again.
Take a short position on AUDCADPrice has reached to it's highest level since April 2018 due to economical policies of Canada government and central bank.
Technically, reducing the price within the channel is definite. I expect to see the price on 0.98 and even 0.97 soon but not for a long time.
#162 AUDCAD Short (Sell) Trade SetupAUDCAD has run into resistance on the Monthly, Weekly, Daily and 4hr timeframes. We saw a strong rejection on January's monthly candle close and we're now seeing a retest on the 4hr supply.
We have a potential to take a short from here and aim for lower lows.
AUDCAD - Let's go test the level.preconditions:
-global uptrend
-local uptrend
-mirror level
-accumulation
Push like if you think this is a useful idea!
Thanks for your support!
AUDCAD sell!! Going down.great ideaHello Traders, here is the full analysis for this pair
Watch strong price action at the current levels fors SELL. GOOD LUCK! Great SELL opportunity in AUDCAD ..
I still did my best and this is the most likely count for me at the moment
AUDCAD / ShortI believe this is still valid, we are having a small retest of resistance before it falls
AudCad can drop 200 pipsDecember was a strong month for Aud also against its Canadian counterpart and AudCad reached a top above 0.98
Now the pair broke under trend line support and confirmed this break. Yesterday we also have a lower high and I expect a correction from this pair once 0.98 support is broken.
Sell rallies can be a good strategy
Audcad ready to pullback Possible Retest the levelwe expecting now time to pullback in the small time frame.
AUDCAD - SWING - 11. JANU. 2021Welcome to our weekly trade setup ( AUDCAD )!
-
1 HOUR
Sideways market structure.
4 HOUR
Expecting a break towards previous week lows and support zone.
DAILY
Overall bullish market about to turn..
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FOREX SWING
SELL AUDCAD
ENTRY LEVEL @ 0.98510
SL @ 0.98950
TP @ 0.97880
Max Risk: 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
Leave us a comment or like to keep our content for free and alive.
Have a great week everyone!
ALAN
AudCad- drop of 250+ pips to follow?For the past 6 months or so, AudCad traded in a range between 0.97 and 0.93 (more or less). Now the pair just made the first leg down from the top of the range and I expect this drop to continue.
Sell rallies is my strategy and 0.9520-0.9550 should provide a good sell zone.
My outlook is bearish as long as the pair is under 0.9650 on a daily close bases
AUDCAD This is AUDCAD 4H timeframe analysis, i'm expecting the market to go to the downside for an retracement before it'll start the move to the upside.
AUDCAD [H4] Breaked ???? Wait to signal 🔥🔥🔥AUDCAD Breaked ???? Wait to signal 🔥🔥🔥
Now AUDCAD IS Beaked wait fot rebound hitting on resistance and Entry " Sell " On right that
❌ If Break No trade ❌
✅Resistance ▶ 0.952XXX
🔥Target ▶ 0.944XX
Goodluck
💰Ton Trader💰
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AUDCAD, 4hr tf, head and shoulders reversal to materializeHello my friends,
Another setup for next week is AUDCAD pairs.
As you can see, price finally make a lower high lower low after moving higher for 1 month.
This mean we could see some retracement on this pair.
It is also supported by the chart because there is a head and shoulders pattern forming.
Price already broken below the neckline.
We're now waiting for price to retrace first before entering sell.
Selling it right away won't yield a good trade setup.
We will wait for AUDCAD to retrace around 0.9560 and start selling from there because it will yield 3R trade setup.
Set a sell limit pending order at 0.9560, if price never comeback to touch our order then we will skip this trade.
Sell limit AUDCAD 0.9560
Stop loss 0.9615
Take profit 0.9390 (3.1R)
RR ratio 1 : 3.1
Use only 1-2% risk
Good luck
