AUD/CAD Running In 45 Pips , New Entry Added After 4h ClosureThis 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
Audcadsell
AUD/CAD Trying To Give Us Good Bearish Price Action,Short Entry 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 SHORT As we can see with the pair, price has been moving in a bullish direction for several day. The current price behaviour seems to suggest that we might be in for a short term
bearish correction. Price is showing signs of exhaustion shown by a potential break of market structure which further suggestion a change from a bull to a bear market in the
short term. By looking at the Daily chart we can see a double top pattern formation and when we drop down H4 chart, this pattern becomes much more clearer. We can also
see a long bearish pin bar pattern which formed around the high of the current month. With that be said, we will be waiting for price to breakout and close below our key level
as confirmation of the trade setup .Once this breakout occurs we will than wait for the retest of this key level before looking for any entries. Our target area is located around
the low of the previous month of Feb. The potential risk reward for this particular trade currently stands at around 5.33 to 1. We plan to hold this until target is reach or until
price behaviour suggest otherwise and close the trade manually as per our trading plan.
AUD/CAD New Short Entry After 4H Closure For Confirmation 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
The Best Area To Sell AUD/CAD When We Have Bearish Price ActionThis 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-SELL++No change in view.
The pair is quite overbought, and we have added just now at 0.9415. The average SHORT is now 0.93815 with a reasonable leverage.
The reason for the stronger run is likely due to the gold price, which similarly reflects an overbought status.
The strategy is unchanged and we were short and added just now at current market 0.9415. The profit order is changed to 0.9287.
AUDCAD-SELL+The pair has run up nicely and it feels it is running out of steam. we are also overbought area now (not extreme), but good start to scale in to it.
My suggestion is to SELL 0.9320-30 area and take profit at 0.9227 for now. We will add on further price increases if seen, and will update on that. It does not move extremely fast so we have time to look into it, is my experience on this pair.
AUDCAD shortAfter almost the second day of the market, most of the empty spaces were filled
Now we can look at audcad in descending order
In the range I drew, we can wait for Sell's position, but with confirmation ...
I will not enter lower timeframes without confirmation
The meaning of confirmation in lower time frame is that, for example, in 15 minute time frame, it can give us a sign of falling from that range.
Sell limit AUDCADI noticed that there is an average of a 368 point difference between the past 3 market structure high (MSH) in the daily chart. This average is confirmed by the major descending trendline which brings us to the next possible entry that has been respected since Sept 2021, rejecting price 3 times. Also, the Stoch shows overbought and crosses.
AUD/CAD 4HR SELL SET UPHi TRADERS this is my trade set up for the AUD/CAD
AUD/CAD Is coming in to a area of interest, we have a nice rejection zone, looking for sell only
This is my analysis only please trade with caution and risk management in place
clean crisp charts I hope it helps if you have any questions please private message me
good luck for this weeks trading
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Looks like a reversal will be coming soon Hi Traders,
AUDCAD was gaining strength throughout last week but failed to be able to continue past the previous high. Looking at the price action we can see that a bearish ascending channel is forming which might get a short position if we grt an impulse breakout and LTF correction. Price may also continue correctively rising towards the upper boundary of the HTF channel.
Follow your trading plan and make sure your entry meets your rules. Patience is key.
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Good luck!