Audcadsetup
AUDCAD, daily timeframe, bullish divergence materializedHello my friends,
There is a bullish divergence on AUDCAD pair and i've spotted this divergence since 2 days ago.
It finally materialized as price also broken above the descending trend line.
Noticed also price above the support i marked and ichimoku cloud so this pair is bullish in general.
I am currently buying AUDCAD from 0.9500 as per this writing.
Buy AUDCAD 0.9500-10
Stop loss 0.9410
Take profit 1 @0.9590
Take profit 2 @0.9680
Use only 1-2% risk
Good luck
AUDCAD short for 220 pipsHello traders,
As we have witnessed a sizable pushup on this pair in recent week and the pair is consolidating at a major level and a flag pattern is appearing. This pair recently has broken the trendline as well. Even if it want to push higher up it needs to retest the trend line at a support level to gain more strength. On the daily timeframe there is every opportunity for this pair to push down and touch the trend line before deciding its fate.
I have therefore marked the entry position, sl and tp as well.
Let me know your toughts.
Trade safe and good luck.
AUD/CAD SHORT SET UP (1Month TF/1Week TF/8Hour TF)AUD/CAD SHORT SET UP ON (1Month TimeFrame/1Week TimeFrame/8Hour TimeFrame)
SIGNAL BELOW
TITLE/(DATE)- AUD/CAD
ASSET- Forex
PLATFORM- MT4
ORDER TYPE- SELL LIMIT
Time Frame- 4hr
ENTRY PRICE 1- 0.95980 (pending)
ENTRY 2- 0.96260 (pending)
STOP LOSS- 0.96480 (50PIPS)
TAKE PROFIT 1- 0.95480 (50 PIPS)
TAKE PROFIT 2- 0.94980 (100 PIPS)
TAKE PROFIT 3- 0.94480 (150 PIPS)
TAKE PROFIT 4- 0.93980 (200 PIPS)
STATUS: Pending
AUDCAD, LETS GO!*ENG*
- Price reaching our major supportive zone, we will be 1st looking for a possible reversal, giving us a long entry.
- If price breaks, we will be looking for the retest in order to enter short.
*PT*
- Preço a atingir a nossa zona de suporte, primariamente estaremos à procura de uma possível entrada para long.
- Caso o preço quebre, iremos aguardar pelo retest em ordem a fornecer uma entrada para short.
AUDCAD, GOING LONG!*ENG*
- Price breaking and retesting our 38,2% level.
- Performed a Morning star at the 1H timeframe, expecting an increase in price.
*PT*
- Preço a quebrar e a efetuar o retest da nossa zona dos 38,2%.
- Obtivemos uma morning star no timeframe de 1H, dando assim ênfase a uma subida do preço.
AUDCAD going downThe price has broken the last higher low and that makes me think that the price will go even lower, the ema 89 is currently above the price but before jumping into conclusions I will wait for a better confirmation before entering on a sell.
.
.
.
.
.
El precio rompió el alto mas bajo anterior lo cual me hace pensar que el precio va a bajar aun mas, la Ema 89 esta justo en el precio en este momento, pero yo voy a esperar una mejor formación de velas que me demuestren que el precio bajara mas.
Buy the dip in AUDCADAUDCAD is consolidating for the last few days. However, the uptrend is still intact. The recent pullback is just a small correction in my opinion.
I have already bought AUDCAD and will be buying again if it drops to 0.9550 level. TP for this trade would be 0.97 and SL will be placed below 0.95
AUDCAD FORECAST 4HRGOOD LUCK
-----------------------
Disclaimer: Forex trading and trading in other leveraged products involves a significant level of risk and is not suitable for all investors.
AUDCAD - BEARISH BIAS.#AUD - Bearish Mode
Recap:
1️⃣ Aussie down because of the rising COVID-19 cases in Australia,disappointing business confidence data and global risk sentiment moved towards negative.
2️⃣ U.S.-China tensions were once again a focus after China ordered the closure of a U.S. consulate in Chengdu and US Secretary of State Mike Pompeo urged China’s citizens to help ‘change the behaviour’ of their government.
Review:
1️⃣ Australia CPI For Q2
- Bearish prediction — Dropped in consumer inflation expectations in Q2.
2️⃣ 2nd quarter GDP figures from key economies, COVID-19 news, and geopolitics will remain the key drivers. A jump in new COVID-19 cases and deteriorating relations with China would likely test support for the Aussie Dollar.
=====
#CAD - Bullish Mode
Recap:
1️⃣ Retail sales bounced back from April’s slump, with inflationary pressures picking up in June.
2️⃣ Crude oil prices also headed northwards in the week, providing the Loonie with support.
Review:
1️⃣ Canada GDP for May
- Bullish prediction — Stronger trade balance and retail sales.
AUDCAD TRADE IDEAAUDCAD - Nothing major on this one at the moment. Will be waiting for a break to the downside of the corrective structure, and support (yellow zone) before entering anything here.
AUDCAD forecast for tomorrow This is what will happen with a huge probability,
Please share with me your thoughts,
BEARISH FLAG - WATCH FOR THISHUGE potential drop incoming - I see 4HR and daily divergence as well as price reaching a key level
Waiting for the dump
SELL AUDCAD - STRONG RESITANCELikes and comments if you want more trading setup. Thank you!
Visit our channel.
The price has a lot of rejections.
The Daily Chart has a strong old resistance.
AUDCAD BUY SWING TRADE SETUP.AUDCAD BUY SWING TRADE SETUP.
Please manage your risk. Use Stop loss. And do not take blind entries.
If you have a question let me know. If you want to analyze any pair let me know.
This is just an idea. What we see.
The Market can go in the opposite direction, what we analyze. So we have to manage our risk and adopt the situation accordingly.
AUDCADfavor for a long with a tp1 0.94070 and tp2 0.94219 and a stop loss of 0.93600 may the lord bless the work
EASY DOLLAR $$$$$$$Waiting for Trendline break / Support to be broken then we are looking for sells to the green area
AUD/CAD Wave Analysis The counter has made a strong move from the low of 0.80 handle to 0.93 handle in just 3 months.
The move could be attributed to a 5-wave pattern and it is now in corrective mode.
It has completed waves A and B is going to kickstart wave C.
The resistance zone around 0.93 handle proves to be a tough nut for the pair despite trying to take it down thrice.
It makes a price action imminent and hence, we expect the pair to be bearish in the short-term.
AUDCAD Bearish on 4HPrice broke below channel so waiting for it to break below support at 0.9271 and close a 4H candle below.
