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Audcadsell

AUDCAD-- sell market going sell strongly Hy! Smart Trader, Welcome to My Analysis and forecasting Section on Trading view. We are Creative price action Trader. Join with us as we document the in's and out's of my trading journey. we are publish Multiple Time frame Analysis and forecasting (totally Free) Never Trade alone we really hope you enjoy All trade.. 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. _______________________________________________________________________________________________ Thank you for your support!
Short
by morshedul-munna
AUDCAD consolidates again and poised for explosive sell offI published an idea previously, check it out here: Unfortunately, my previous idea did not hold up. But that's okay, we take smaller risks for multiple times the return. This is a second attempt to short into this pair. 1. 0.9125 marks a relative high point. You can see a fake out that occurred where price broke above this level and then instantly sold off. What does this mean? There's most likely selling volume above this level. 2. After such a rally, we're seeing that the moving averages are flat lining. This doesn't necessarily mean that the trend is reversing. All it's saying is that the average price climb isn't pushing new highs. As a result, it's largely holding flat. Could price soar up higher over the next day or even next week? Sure, it's definitely possible. I personally think that it's unlikely given how price reacted to the 0.9125 level. Let's not forget the significant rally from the weeks prior. New buying pressure largely seems unlikely. 3. We're also looking at the RSI performance on the daily. There's a slight divergence here where the RSI is painting lower, which signals that average upticks are not as strong. At the same time, price inches higher. Note that this is probably a longer term play. It might take a while for this trade to play out as this pair could further consolidate.
Short
by FinancialGamblR
AUDCAD-Bigger Trader coming soon Hy! Smart Trader, Welcome to My Analysis and forecasting Section on Trading view. We are Creative price action Trader. Join with us as we document the in's and out's of my trading journey. we are publish Multiple Time frame Analysis and forecasting (totally Free) Never Trade alone we really hope you enjoy All trade.. 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. _______________________________________________________________________________________________ Thank you for your support!
Short
by morshedul-munna
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.
by Dinjin
2
AUDCAD poised for bearish momentum acceleration I've been eyeing this pair for a while now. In fact, I actually do have a short position that was entered a little pre-mature. Divergence is most noticeable on the 4-hour timeframe. The RSI is painting a ratio of greater average down moves yet price is creeping higher. Price is also being held resisted at the 0.8980-ish mark. Given the number of times it has tested, it's safe to say that there's no fresh buy orders to push the price higher.
Short
by FinancialGamblR
3