Audcadsetup
AUDCAD $AUDCAD - Apr. 18th, 2024AUDCAD OANDA:AUDCAD - Apr. 18th, 2024
BUY/LONG ZONE (GREEN): 0.88750 - 0.89550
DO NOT TRADE/DNT ZONE (WHITE): 0.88500 - 0.88750
SELL/SHORT ZONE (RED): 0.87850 - 0.88500
Weekly: DNT (at last week's close it was labeled bullish, with current momentum it's DNT)
Daily: Bearish
4H: Bearish
OANDA:AUDCAD has broken done into the next zone.
This is what I would personally look at before entering trades, everything is subject to change on a daily basis and as I analyze different timeframes and ideas.
EDUCATIONAL/ENTERTAINMENT PURPOSES ONLY, NOT FINANCIAL ADVICE!
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AUDCAD Trade Alert - Bearish Setup at Key Support Breakout.Bearish Trendline at 4-Hour Time Frame:
AUDCAD has been following a bearish trendline in the 4-hour time frame, indicating a prevailing downward momentum in the market.
Observation of Dow Theory:
Additionally, the market has been adhering to the principles of Dow Theory, reinforcing the bearish sentiment.
Retracement and Rejection:
A retracement up to the 0.5 Fibonacci level was observed, followed by a clear downward rejection, suggesting strong selling pressure at higher levels.
Current Position at Key Support Zone:
Presently, the price is hovering around a critical support zone, signifying a pivotal area where significant price action is anticipated.
Trade Setup:
We anticipate a continuation of the bearish move if the price breaks below this key support level.
Entry Strategy:
A prudent entry point for short positions is identified near 0.88863, aligning with the bearish outlook.
Risk Management:
To mitigate potential losses, a Stop Loss is recommended near 0.89279, providing a buffer against adverse price movements.
Profit Targets:
Our profit-taking strategy involves targeting TP-1 at 0.8450 and TP-2 at 0.88030, reflecting our expectation of downward price movement.
Conclusion:
In conclusion, based on the technical analysis of AUDCAD, we anticipate further downside potential, with a well-defined entry point, risk management, and profit-taking levels in place to optimize trading outcomes.
AUDCAD Trade IdeaIn this video, we delve into a comprehensive technical analysis and trading concept for AUDCAD. Our assessment reveals a potential trade opportunity. We meticulously analyze the current price action, closely scrutinize market structure, and incorporate market dynamics. Based on favorable conditions, we identify a potential entry point. However, it is crucial to underscore the significance of implementing robust risk management strategies. Please note that this video is purely educational and should not be construed as financial advice.
AUDCAD I Potential intraday long Welcome back! Let me know your thoughts in the comments!
** AUDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUDCAD chance to SellUtilizing the daily timeframe as the cornerstone of this analysis, an opportune moment presents itself to engage in a sell position at the prevailing resistance level. Embracing calculated risk, I anticipate potential downside movement in the imminent days. Let us observe with keen interest the unfolding dynamics of the market and discern the outcome of this strategic maneuver.
AUD/CAD - Short Opportunity Near Key ResistanceOverview:
AUD/CAD is nearing a critical resistance at 0.88450, suggesting a potential downward move.
Key Levels:
- Resistance: 0.88450
- Stop Loss: 0.88850
- Take Profit Targets:
- TP-1: 0.88050
- TP-2: 0.87700
Analysis:
- Bearish Bias: The probability of downward movement is high.
- Entry: Consider short positions on a re-test of 0.88450.
- Stop-Loss: Place at 0.88850 to manage risk.
- Take Profit: TP-1 at 0.88050, TP-2 at 0.87700.
Conclusion:
AUD/CAD shows potential for a bearish trend. Short positions can be taken near 0.88450 with a stop loss at 0.88850 and profit targets at 0.88050 and 0.87700. Trading carries risks; conduct a thorough analysis and employ proper risk management.
AUDCAD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I wait price to continue the retracement to take liquidity above equal highs and to fill the imbalance, then to reject from bearish order block.
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AUDCAD→ Day Analysis | BUY SetupHello Traders, here is the full analysis.
Price reversal going up, levels for BUY . AUDCAD long
! Great BUY opportunity AUDCAD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
AUD/CAD LONG trade from .8882The price of AUD/CAD is trading above the 200 EMA on H1 having been below for the last 9 or so hours.
The 25 EMA is also crossing the 50 EMA north and both these signs suggest were are in or we are entering a BULLISH market on this pair.
The price is also above the WPP mid pivot which will act as double support along with the 200.
On the Pivot Point SuperTrend the price remains above the green BUY signal and this has been the case since 13:00 Friday.
On the 15m time frame, the Andean Oscillator has the green BUY line above both the red SELL line and the signal line and the red SELL line is flat.
All the signs are that this pair is headed higher and in the absence of scheduled news there's no reason why we shouldn't see AUD/CAD move highert over the next 24 hours.
STOp on this trade is below the swing low at .8864 (18 pip STOP) and our target is WR1 which sits above price at .8992.
AUDCAD - Long active ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block.
Fundamental news: On Thursday we will see results of Unemployment Rate on AUD, news with high impact on currency.
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AUDCAD: Big Buying Opportunity, Do not miss out! AUDCAD has shown extreme bullish price action, currently we are seeing some correction and price is likely to drop to our region and bounce straight up from that area of entry. Possible helping us gain 300-500 pips from the move. Use accurate stop loss and take profit.
AUDCAD I Detailed trading plan for long opportunity Welcome back! Let me know your thoughts in the comments!
** AUDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
AUDCAD - Long trade idea ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for a long. I wait price to continue the retracement and my point interest for a long is if price rejects from trendline + bullish order block.
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Breaking the Chains? Analyzing Channel Breakout for Shorting!Hello Traders,
We have A Channel Zone. If The Price Breached The Trend Line, Take Entry While Retested and Looking For Bearish Momentum As Showing By The Path Tool.
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AUDCAD→ Day Analysis | BUY SetupFeb 26
Hello Traders, here is the full analysis.
Price reversal going up, levels for BUY . AUDCAD long
! Great BUY opportunity AUDCAD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
AUDCAD SELL | Trading AnalysisHello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity AUDCAD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
AUD/ CAD !! 29/2/2024 Trendline DOWN, SELL now⭐️ Smart investment, Strong finance
⭐️ Personal comments NOVA:
Pay attention to the long-term DECREASE trendline, set up a SELL signal
⭐️ SET UP AUD/CAD PRICE:
🔥SELL zone:0.88450 - 0.88600 SL 0.89000
TP1: 0.88100
TP2: 0.87800
TP3: 0.87500
⭐️ Technical analysis:
Based on technical indicators EMA 34, EMA89 and support resistance areas to set up a reasonable SELL order.
⭐️ NOTE:
Note: Nova wishes traders to manage their capital well
- take the number of lots that match your capital
- Takeprofit equal to 4-6% of capital account
- Stoplose equal to 2-3% of capital account
- The winner is the one who sticks with the market the longest