AUDCAD 1h short sellingHello traders, what we are going to look at today is the OANDA:AUDCAD currency pair.
If you look at the hourly chart of this pair, now there are opportunities to short sell it. But there is a little more up move to come. It has two short entries. My first entry is at 93100 and another entry is at 93600. As far as my eyes can see it is better to short 93600 rather than 93100.
These two entries give you a good result. But timing the market is very important. Just wait for the proper pattern and then enter in anyone of the entry and get wet in the rain of money.
Trade safe!
Thanks & Regards,
Alpha Trading Station
Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
Audcadsell
AUDCAD SHORT plays**My trades are 10R+ thats why I never risk more than 0.5% of me account for a trade.**
Waiting for this break to confirmed re-Distribution (1)
If we dont get break , I am almost sure that she is gonna sweep these hi's (2)
they need to mitigaate the news candles here, Potantial Distribution (3)
If break confirmed my limit will be here (4)
Limit already on here (6)
AUD/CAD Full Analysis , Long & Short Setups, Watch Carefully This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade
Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method
Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.
AUDCAD possible drop to support levelCurrency Pair : AUDCAD
Possible direction : Bearish
Technical Analysis : Price has formed a double top on the daily timeframe and broken out of this double top. Tested the previous support as resistance and rejected to the downside signaling possible trend change. As from daily price action, we see possible support turns resistance and highly likely price will continue to drop after testing the previous support as resistance and a sell trade is highly probably from this high area of value.
Possible trade recommendation : Bearish as per chart sketch
Press like button if you enjoy.
Risk Disclaimer: Trading foreign exchange on margin carries a high level of risk, and is not suitable for all investors. Past performance is not indicative of future results. The high degree of leverage is dangerous and can work against you as well as for you. Before deciding to invest in foreign exchange or any market you should carefully consider your investment goals, level of experience, and risk tolerance. It is EXTREMELY LIKELY that you will sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. No representation is being made that any account will or is likely to achieve profits or losses. Past performance is not indicative of future results. Individual results vary and no representation is made that clients will or are likely to achieve profits or incur losses comparable to those that may be shown. You acknowledge and agree that no promise or guarantee of success or profitability has been made between you, and Forex Trading Wizard. Do your own research and talk to a professional financial planner in order to be aware of all the risks associated with foreign exchange trading and investing and seek advice from an independent financial advisor before risking any capital.
AUDCAD Trading Plan - 7/Feb/2023Hello Traders,
Hope you all are doing good!!
I expect AUDCAD to go Down after finishing this correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
AUD/CAD :: Movement in the upper part of the middle line .AUD/CAD :::
The price has been moving in the lower part of the channel for some time and the middle line has been the resistance of this movement
And now the resistance has been broken, we can expect the price to move above the middle line for a while ,
And it will definitely have downward corrective movements .
AUDCAD: a SHORT TERM SELLHello, everybody and welcome to BIGPAPA Forex, today we are going to be analyzing the AUDCAD pair, translating the market information by using a full technical analysis on different time frames, giving you a personal opinion about the next most likely market movement and helping you to spot and manage market opportunities
AUD/CAD :: Short position for lower time frame and ...AUD/CAD :::
The resistances have performed their role well and now it is the turn of the supports .
Currently, the movement is downwards and the best positions have been determined for the short position .
In case of a change in the course of the route ::
The chart is reviewed again .
<<< Good luck >>>
AUDCAD H14 SWING TRADING ANALYSISHello Traders AUDCAD H4 SHORT SWING TRADE
I'm here with a new forex idea and analysis, Kindly share your LOVE by giving me LIKES and COMMENTS.
Share with more traders like you.
Follow me for more.
Thanks in advance.
AUDCAD H4 TRADING IDEA
Please support this idea with a LIKE if you find it useful.
Thank you for reading this idea! I hope it's been useful to you and some of us will turn it into profitable.
Remember this analysis is not 100% accurate. No single analysis is. To make a decision follow your own thoughts.
The information given is not Financial Advice
Do you want to catch those pretty pairs like this also?
Follow me for free profitable trades, PEACE