AUDCAD Bearish Shark PatternEntry 88.6%
Targets 38.2 and 61.8
SL Above X
Use your own trade plan to enter the market
Audcadsell
Sell opportunity in AUDCADWe had bearish impulsive move and now we are in consolidation. Selling the break of that structure seems like a good idea. Please trade with care.
AUDCAD QUICK 30 PIPS ! SELLYOU SEE THE CONFIRMATIONS THAT THIS PAIR GAVE SO WE CAN GO EASY AND MAKE A SMALL PROFIT TODAY AND LONG TERM ALSO
Harmonics with Structure!Hey guys,
here we are on AUDCAD hourly chart. As you can see price has created 4/5 point of the Bat pattern. Now we're just waiting for its completion to come; the black line represents a previous level of daily structure, and that increases the chances we can get a reversal from there.
Stops above X, targets as usual in harmonic patterns.
If you have questions, or if you want to share your viewpoint, feel free to comment below.
Otherwise, see you in the next chart!
Bat Pattern on Daily StructureHey guys,
here we are on AUDCAD hourly chart. As you can see price has created 4/5 point of the Bat pattern. Now we're just waiting for its completion to come; the black line represents a previous level of daily structure, and that increases the chances we can get a reversal from there.
Stops above X, targets as usual in harmonic patterns.
If you have questions, or if you want to share your viewpoint, feel free to comment below.
Otherwise, see you in the next chart!
Power of Candlesticks (AUDCAD analysis)Hey guys,
today i want to show you the power of candlestick combined with structure. Here is the 4H chart on AUDCAD, and the price is coming back to retest the 618 level of the bigger daily impulse; this level also lines up with a structure (that you can see if you scroll the chart).
With this two level i was able to draw a box where i can search for shorting opportunities down on lower timeframes, and that is what happened.
As soon as price reached this zone it stopped its upward move and gave us a strong selling pressure signal (pinbar) followed by an engulfing candle.
In order to get the real power of candlestick you can sometimes combine 3-4 candles together and see what's coming out. In this case on the right i've drawn the result and it shows us very strong sellers. At this point, knowing the level it's so much important i want to short at the first retracment.
Stops above highs, first target at 1,5:1 RR and second target to be determined.
If you have questions or you want to share your view, feel free to comment below.
Otherwise, see you in the next chart!
Candlestick Power (AUDCAD analysis)Hey guys,
today i want to show you the power of candlestick combined with structure. Here is the 4H chart on AUDCAD, and the price is coming back to retest the 618 level of the bigger daily impulse; this level also lines up with a structure (that you can see if you scroll the chart).
With this two level i was able to draw a box where i can search for shorting opportunities down on lower timeframes, and that is what happened.
As soon as price reached this zone it stopped its upward move and gave us a strong selling pressure signal (pinbar) followed by an engulfing candle.
In order to get the real power of candlestick you can sometimes combine 3-4 candles together and see what's come out. In this case on the right i've drawn the result and it shows us very strong sellers. At this point, knowing the level it's so much important i want to short at the first retracment.
Stops above highs, first target at 1,5:1 RR and second target to be determined.
If you have questions or you want to share your view, feel free to comment below.
Otherwise, see you in the next chart!
Audcad sell Advice on holding Resistance above 1.020Audcad Giving Good selling zone as holding Strong resistance above 1.0200 level and also formed head & Shoulder pattern
Advice to sell in range of 1.0130-.1.0200 sl above 1.0250 TP1 1.000 tp2 0.9800
AUDCAD H&S AnalysisCAD bulls are still working to break below the neckline. A retest of the right shoulder is appropriate not necessary.
Day Trade with Advanced PatternsHi guys,
today i want to show some of my day trading ideas: here on AUDCAD price has formed 3 valid points for a Bat pattern. I'm waiting to see if price can reach 1,0230 level. There i wil be selling with stops above X and target1 and 2 at 382 and 618 retracements.
If you want to share your thoughts or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Day Trading with Advanced PatternsHi guys,
today i want to show some of my day trading ideas: here on AUDCAD price has formed 3 valid points for a Bat pattern. I'm waiting to see if price can reach 1,0230 level. There i wil be selling with stops above X and target1 and 2 at 382 and 618 retracements.
If you want to share your thoughts or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
AB=CD Patterns unfolding!Hi guys,
this evening i want to bring your attention on this scenario on AUDCAD. As you can see on the left hand side of your screen, price is now testing a key resistance zone on the daily timeframe. Also, it has created two different ab=cd patterns (one on the daily, one on the 4hr chart) that are going to complete right at that structure level.
RSI is in overbought condition on the 4HR.
Pay attention to price action.
I'm waiting for a sell signal.
I'll keep you updated!
If you want to share your viewpoint, or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Harmonic Patterns on AUDCADHi guys,
this evening i want to bring your attention on this scenario on AUDCAD. As you can see on the left hand side of your screen, price is now testing a key resistance zone on the daily timeframe. Also, it has created two different ab=cd patterns (one on the daily, one on the 4hr chart) that are going to complete right at that structure level.
RSI is in overbought condition on the 4HR.
Pay attention to price action.
I'm waiting for a sell signal.
I'll keep you updated!
If you want to share your viewpoint, or ask questions, feel free to comment below.
Otherwise, see you in the next chart!
Audcad Money Trade!!This is The Best Setup Ever. C leg is extremely streched shows bearish pressure.Any short trade cannot be better than this one.
Best of luck Muze (aud/cad)
AUDCAD SHORT - 5th Impulseshort AUDCAD now guys, pair is now following the 5th impulse wave . take your short positions till the provided targets thanks
AUDCAD short term positionlooking for a retrace back up to the 50ema (red) and a retest of the 50 ema and trend line and a fail. Once it fails and begins to head back down to the lower trend line a sell position can be taken.
AUDCAD short term positionMarket price is approaching a resistance level and momentum is reaching a resistance level as well. As long as market price stays below 1.007 and momentum stays below .004 area this is a safe trade. If momentum breaks above the resistance level I have in place the trade would no longer be safe and should be possibly closed as it could open up room for a bullish move.
