Audcadsetup
AUDCAD - Day trade signal by Keltner 1/12/20201. How to fill color the Keltner Channel:
...All Upper, Basis, Lower inscreased to fill green.
...All upper, basis, lower descrease to fill red.
...One of the Upper, Basis, Lower is not the same direction fill gray color.
2. How to calculate a Trend:
...If the Total of 25 candles > 0 to give Uptrend.
...If the Total of 25 candles < 0 to give Downtrend.
3. How to entry.
- Buy's entry when the Color is up and the price crossunder the Basis.
- Sell' entry when the Color is down and the price crossover the Basis.
4. How to calculate the Stoploss and Take profit:
AUDCAD - LONG; LongtermHere the upward sloping channel is indicative of the relative and ever increasing deterioration of the Royal Bank of Canada's balance sheet relative that of the Royal Bank of Australia's. - A significant and still increasing fiscal power versus new debt issuance capacity, advantage RBA. This unlikely to change anytime soon - i.e. for years if not more. Naturally this relationship remains entirely dependent on China's economic status, at any give time.
AUDCAD It will go to the rising trend line +180 PipsWelcome Back.
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It may head to the downside to retest the rising trend line, in case the trend is not broken, it will head to the upside and greater resistance will form than the previous one.
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Here is the full analysis for this pair, let me know in the comment section below if you have any questions, the entry will be taken only if all rules of the strategies will be satisfied. I suggest you keep this pair on your watchlist and see if the rules of your strategy are satisfied.
Remember this analysis is not 100% accurate No single analysis is To make a decision follow your own thoughts.
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The information given is not a Financial Advice.
AUDCAD - SHORTAUDCAD is on a downward trend and is capped by the fibbo resistance around 0.9410 and the downward trend line just below that. The asset remains responsive to risk off mood which we could see play out with the current volatility that lies ahead around the US election. We saw it test the 0.9347 fibbo support a few days ago and have since bounced. I remain a seller of the rallies as I feel that the market is trading a blue wave at the moment and therefore and change of view no matter how big or small, will cause a risk off mood and this trade should come into play. I have opened a short at 0.9360, SL 0.940 (on the close) and finally a TP 1: 0.9347 TP2: 0.9303.
AUDCAD - SHORTAUDCAD is on a downward trend and is capped by the fibbo resistance around 0.9409 and the downward trend line just above that. The asset remains responsive to risk off mood which we could see play out with the current volatility that lies ahead around the US election. We saw it test the 0.9347 fibbo support yesterday and have since bounced. I remain a seller of the rally's. I have opened a short at 0.9380, SL 0.9420 (on the close) and finally a TP 1: 0.9347 TP2: 0.9303.
AUDCAD, daily tf, double top pattern to materializeHello my friends,
Today i got a nice setup fo AUDCAD pairs.
Before i start my analysis i am gonna review some of my trading positions that i shared with everyone here.
Yesterday was a great day that so many positions hit take profit and i banked some decent profit.
In total it was +18% profit and it consists of:
1st is GBPJPY pairs for +120 pips banking +4% profit
2nd is XAUUSD pairs for +300 pips banking +6% profit
This setup take some times to materialize but it was worth the wait.
3rd is CADJPY pairs for +125 pips banking +10% profit
This trade stop loss was only 25pips as we get into it at a very good position. I closed my position at 78.50 as it has already gave decent profit
I am planning on selling it again once i got some retracement on this pair.
4th is EURAUD pairs which take my stop loss for -70 pips yielding -2% loss
This trade take my stop loss before going in favor with my direction.
After taking my stop loss, i managed to jump into it once again and now it is going in my favor again.
As you can see, there is no way we could get 100% right all the time but if we managed the risk properly we will get positive results.
This par made an obvious double top pattern and price already broken below the neckline/support zone.
This upwards movement is a retest of broken neckline in my opinion.
This is a textbook trade so we don't need to analyze it in a complicated way and just keep it simple.
The measured objective of this pattern is 230 pips to the downside and it is not completed yet.
So we will sell it again to see if this objective gonna be completed or not.
Sell AUDCAD 0.9400
Stop loss at 0.9450
Take profit 0.9200
RR ratio 1 : 4 (4R)
Use only 1-2% risk
Good luck
📢 AUD/CAD Long Opportunity ahead 👍This pair is looking good for a long. Broken a major trend along with major structure. Waiting on a retest or price action for an entry now. It's on the watchlist 👀👀 This pair is on the watch list 👀👀👀 If you like the Analysis feel free to drop a like and leave comment and follow, we are grateful for all the love out there and we will share the love back 🤍
AUD/CAD Daytrade-execution!! SHORTAUD/CAD Daytrade-execution!! SHORT
27/OCT
Market-Sell : 0.93930
Stop-loss : Close Break 0.94240
Target : 0.92100
note :
Our chart is simple as possible to make it easier for you to see the chart.
- This is an execution signal. you can enter the market now
Good luck 👍