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Audcadsell

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
AUDCAD - FOREX - 04. MAR. 2020Welcome to our weekly trade setup ( AUDCAD )! - 1 HOUR Bullish takeout of shortterm short holders. 4 HOUR New LH formed, down now! DAILY Overall bearish market with upsite pullback, great short entries! - FOREX SETUP SELL AUDCAD ENTRY LEVEL @ 0.88170 SL @ 0.88920 TP @ 0.86670 RR: 2.0 Use 0.5% risk! (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
13
2 short trades for #AUDCAD#AUDCAD touched an important resistance and the upper trendline of the bearish channel on Daily. Maybe, it's not enough to enter for a short but we can start to build our "cage" with low size. The strong bearish movement will probably begin from 0.9033 which is a previous high impulse (Jan 23rd). So we can suppose for a double trade: 1. Entry point: 0.9033 SL: 0.90513 TP1 0.9001 (for an Intraday Trade) TP2 0.888 2. Entry point: 0.8986 SL: 0.90513 TP1 0.888 TP2 0.882
Short
by kitchen_trading
Trading Pathways Analysis of AUDCAD H4 Chart The outlined white arrow pathway is the predicted pathway that the AUDCAD will follow in the coming days or weeks. Using my unique charting methods, I have been able to arrive at HIGH PROBABILITY turning points where AUDCAD will turn. PLEASE NOTE THE ABOVE ANALYSIS IS FOR EDUCATIONAL PURPOSES ONLY. THEY ARE NOT DIRECT INSTRUCTIONS TO TRADE AND ANY LOSS INCURRED BY FOLLOWING THIS ANALYSIS IS AT YOUR OWN RISK. Eiseprod of Trading Pathways
Short
by Trading-Swing-Pathways