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Audcadsell

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
AUDCAD - SWING - 20. APR. 2020Welcome to our weekly trade setup ( AUDCAD )! - 1 HOUR Very bullish market structure slowed down. 4 HOUR PA waving slowly, expecting a small push to the downside. DAILY Overall very bullish market at resistance, good short entries! - FOREX SWING SELL AUDCAD ENTRY LEVEL @ 0.89140 SL @ 0.89620 TP @ 0.88450 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
Short
by DACapitalTrading
6
AUDCAD Head and Shoulder Inside a Rising WedgeHEAD AND SHOULDER in a RISING WEDGE <3 AUDCAD is forming a head and shoulder pattern inside a rising wedge. Approaching its daily dynamic resistance, it has made a "hanging man" candle which is a sign of rejection from the top. At the same time, AUDCAD has already passed EMA 9 20 and 50 which is a good sign for selling. If 0.8840 will be broken, this may start a 100 to 200pips drop for the bears. Do you agree? Please do leave a comment. Thank you.
Short
by JonJC
1
AUDCAD - Ascending Wedge / Potential Rejection📢AUDCAD 4H - Technical Breakdown 📈Price action has been trading within an ascending wedge since the large sell-off that saw bears take price levels down to the current range low at 0.80700. Since then price action has re-gained 800 pips to the upside. 📊The current market price is testing the ascending wedge overhead resistance at 0.88670 highlighted within the blue box, as price action looks over-extended it's best to assume a rejection will take place upon market open. A rejection should see price levels return to the support of the ascending wedge resulting in a low risk, high reward swing trade netting in excess of 200 pips.
Short
by SmithTradeSmart