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Audcadsell

AUDCAD Bearish Robbery plan to make moneyMy Dear Robbers / Traders, This is our master plan to Heist AUDCAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich. Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money. Stop Loss : Recent Swing High using 2h timeframe Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update. Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target. support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
Short
by Thief_Trader
Bearish Reversal Insight AUDCAD Technical Analysis & Trade SetupThe AUDCAD currency pair is currently forming a Bearish Butterfly Harmonic Pattern (XABCD), indicating a potential bearish reversal. Point D, the Potential Reversal Zone (PRZ), is aligned with a key resistance area and intersects a daily trend line, providing a strong confluence for a bearish bias. Potential Reversal Zone (PRZ) and Key Resistance: Point D is identified as a critical area where the price is likely to reverse. This zone is reinforced by a key resistance level, adding validity to the bearish outlook. The intersection with the daily trend line further strengthens the likelihood of a trend reversal from this point. Entry Strategy: To capitalize on the expected trend reversal, the entry should be made at the breakout of the support level near 0.90450. This level is crucial as a confirmed breakout here would signal the start of a bearish trend. Stop Loss Placement: A stop loss should be placed above the resistance level at 0.91400. This placement ensures protection against potential false breakouts and market volatility. Take Profit Targets: The take profit targets for this trade are as follows: TP-1: 0.89500 TP-2: 0.88550 TP-3: 0.87600 These targets are strategically set at significant support levels to maximize gains while managing risk effectively. Conclusion: The formation of the Bearish Butterfly Harmonic Pattern, combined with the confluence of the PRZ, key resistance area, and daily trend line, presents a compelling bearish setup for AUDCAD. By entering at the support breakout, setting a prudent stop loss, and targeting key support levels, this trade offers a favorable risk-reward profile for traders.
Short
by trading_jupiter
27
AUDCAD Bearish Harmonic Pattern - Strategic Trade SetupThe AUDCAD pair is currently exhibiting a Bearish Harmonic Pattern (XABCD), with Point D anticipated to act as a Potential Reversal Zone (PRZ). This analysis aims to identify strategic entry and exit points based on the confluence of multiple technical indicators. Key Technical Indicators Potential Reversal Zone (PRZ): Point D aligns with a significant Key Resistance area, which historically serves as a strong barrier to upward price movement. 4-hour Trend Line: The trend line, which has acted as a pivotal point in previous market movements, intersects at Point D, reinforcing the likelihood of a reversal. Bearish RSI Divergence (1-hour): The Relative Strength Index (RSI) on the 1-hour chart displays a bearish divergence, suggesting weakening bullish momentum and potential for a bearish reversal. Trade Setup Entry Point: A strategic entry is recommended at 0.91113, where the confluence of the aforementioned technical factors indicates a high probability of a trend reversal. Stop Loss: To mitigate risk, a stop loss should be placed at 0.91261, slightly above the resistance level to avoid false breakouts. Take Profit Levels: TP-1: 0.90964 The first take profit level is set at 0.90964, capturing initial downward momentum and ensuring partial profit realization. TP-2: 0.90816 The second take profit level at 0.90816 aims to capitalize on further bearish movement, aligning with intermediate support zones. TP-3: 0.90668 The final take profit target at 0.90668 corresponds to a more significant support level, maximizing potential gains from the bearish trend reversal. Conclusion: Based on the technical analysis, the AUDCAD pair presents a compelling bearish setup with multiple converging indicators at Point D. The proposed entry at 0.91113, supported by a precise stop loss and structured take profit levels, offers a well-balanced risk-reward ratio. Traders are advised to monitor price action closely as it approaches the PRZ to confirm bearish momentum before executing the trade.
Short
by trading_jupiter
2
AUDCAD Short Trade Setup A #short trade opportunity recently presented itself on the #aussieloonie (#AUDCAD) #trading chart 📉. This is indicated by the #bearish engulfing candlestick 🕯️ pattern just below the 0.90717 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell). Sufficient downward momentum should see price dumping towards the 0.88500 psychological level and possibly testing the strength of the 0.88046 horizontal support level. As always, please apply appropriate risk management. Happy trading! #crosspair
Short
by charles-okoukoni
2
AUDCAD Trade Alert - Bearish Setup at Key Support Breakout.Bearish Trendline at 4-Hour Time Frame: AUDCAD has been following a bearish trendline in the 4-hour time frame, indicating a prevailing downward momentum in the market. Observation of Dow Theory: Additionally, the market has been adhering to the principles of Dow Theory, reinforcing the bearish sentiment. Retracement and Rejection: A retracement up to the 0.5 Fibonacci level was observed, followed by a clear downward rejection, suggesting strong selling pressure at higher levels. Current Position at Key Support Zone: Presently, the price is hovering around a critical support zone, signifying a pivotal area where significant price action is anticipated. Trade Setup: We anticipate a continuation of the bearish move if the price breaks below this key support level. Entry Strategy: A prudent entry point for short positions is identified near 0.88863, aligning with the bearish outlook. Risk Management: To mitigate potential losses, a Stop Loss is recommended near 0.89279, providing a buffer against adverse price movements. Profit Targets: Our profit-taking strategy involves targeting TP-1 at 0.8450 and TP-2 at 0.88030, reflecting our expectation of downward price movement. Conclusion: In conclusion, based on the technical analysis of AUDCAD, we anticipate further downside potential, with a well-defined entry point, risk management, and profit-taking levels in place to optimize trading outcomes.
Short
by trading_jupiter
1
AUD/CAD - Short Opportunity Near Key ResistanceOverview: AUD/CAD is nearing a critical resistance at 0.88450, suggesting a potential downward move. Key Levels: - Resistance: 0.88450 - Stop Loss: 0.88850 - Take Profit Targets: - TP-1: 0.88050 - TP-2: 0.87700 Analysis: - Bearish Bias: The probability of downward movement is high. - Entry: Consider short positions on a re-test of 0.88450. - Stop-Loss: Place at 0.88850 to manage risk. - Take Profit: TP-1 at 0.88050, TP-2 at 0.87700. Conclusion: AUD/CAD shows potential for a bearish trend. Short positions can be taken near 0.88450 with a stop loss at 0.88850 and profit targets at 0.88050 and 0.87700. Trading carries risks; conduct a thorough analysis and employ proper risk management.
Short
by trading_jupiter
AUD/CAD SELL STOP at .8850AUD/CAD is carving out a classic M-Top candle pattern at resisance so a break of the neckline at .8850 will be a confirmed SELL. M-Tops and W-Bottoms are proof that you don't need indicators to trade. Indicators obviously help and I use them - but you don't NEED them. You'll be a successful trader if you just traded M-Tops and W-Bottoms. These patterns are traditionally traded on a 1:1 ratio with the STOP taken from the neckline to the top of the pattern and the TAKE PROFIT at 1:1 so the STOP is .8879 and the TP is .8819. As ever, these levels are not set in stone and you should always micro manage your trades and if you reach your take profit and the momentum is still with the position then adjust you TP accordingly. Similalrly with STOPS. A STOP is not necessarliy a line in the sand that should not be crossed. If price bounces but the overall structure is still in place then by all means squeeze the SL a bit higher rather than lose but be mindful that there MUST BE a line in the sand if price is continuing north and your're SHORT. The old adage "let your winners run and shut down your losers early" is for ever true.
Short
by forextraplaces
AUDCAD Trade IdeaThe AUDCAD pair has reached a critical support level, marked by this horizontal line on our chart that corresponds to a previous daily open/close. The price is clearly overextended and we expect a correction soon. A potential trade setup may arise later today when the Canadian GDP data is announced. If the data is positive for the CAD, this could offer a good sell opportunity. We are eagerly awaiting this news release. Please note that this is only a trade idea and not a trade recommendation, the information is for educational purposes only and should not be considered as financial advice.
Short
by fxtraderanthony