Audcadsetup
AUDCAD looking like it may be forming a inverted head and shouldBuy Idea at green and yellow zone. green is daily zone and yellow is weekly. will have a .01 and a .03 at yellow with original stoploss
AUDCAD Monthly MarkupThis will be the 4th touch of this zone since it broke out on the monthly timeframe. Could this indicate that this will be the month that breaks the zone for good? Or Will it react to the zone and go bullish off of its last engulfing? O.o
AUDCAD ON INVERTED H&SThis pair might opt to drop a lil bit to complete the other shoulder before it heads up,
for those with healthy accounts they can buy it now, the SL will be below the Head anyways,
AUDCADIm searching for more confirmations here, I see the bearish gartley here, you either ride the D leg up with the buy or you wait to sell when that D hits(no pun intended). But Im really looking for more confirmations for this pair.
AUDCAD - short opportunityAUDCAD bearish divergence plus strong resistance from daily TF. let's see, where it takes us.. enjoy the profit. Chart is pretty self explanatory.
Please hit "LIKE" to support & follow for more ideas.
Vinny
audad short clean abcThe Academy Traders: AudCad broke the ascending trend line with a clear ABC. It is also a rejection of the monthly resistance. expecting to be hit the -27 of the fib and even lower.
AUDCAD SHORT BUY MOVEMENTPair makes an incredible upward movement and is supported by the 0.9830 price level, so it will keep pegging upwards to go towards the end level at the 1.0050 level. Pegerakan quite promising because there is a line resitance and support lines side by side. If the price does not move down to the level of 0.9800 then this movement will continue.
A retrieval to the lower timeframe supports the move to the 1.0050 level so that a good enough level to take advantage is the 0.9990 level to get the first safe point. If the movement continues then the level of 1.0050 will be achieved.
AUDCAD bearish divergence... shortAUDCAD 4H chart showing bearish divergence.. going down to supports *white lines"...
Enjoy free pips..
Please hit LIKE & FOLLOW to support..
Vinny
Complex corrective structure (AUDCAD)Hi, Traders
As I am considering a complex corrective structure .Audcad is moving towards B wave, see a pull back then take a buy position. it is long term opportunity to buy and will come down for wave C"
Note: This is mere a idea not a trading signal to trade. Trade carefully !
Thank you for your support !
AUDCAD approaching major resistance, watch for a potential drop!AUDCAD is fast approaching major resistance at 0.9705 (Fibonacci retracement, Fibonacci extension, horizontal overlap resistance) and a strong reaction could occur at this level to push prices all the way down to major support at 0.9644 (Fibonacci retracement, horizontal pullback support).
Stochastic (89,5,3) is seeing major resistance at 91% where a corresponding reaction could occur.
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Long Bias for AUDCADHere's a Reversal for AUDCAD testing its support level be ready to ride the wave
Audcad, Fibernacci retracement 0.786 Tradning. "long" Daily.Hello, here we go Again.
Ill wait for the conformation on the dailey chart, and take the trade for 0.786 strategy.
We just broke over the "old HH" afther that, we will wait for the 0.786 retracement, from the HL- HH
Targets:
1.02332. "a few pips from the previous HH"
Stop loss:
0.99900. under the previous HL.
let's wait for the retracement and see.
RSI:
60 almost, and "in my option still pretty close to oversold. "70"
AUDCAD H4 Short IdeaPending Short @ 0.9910
Stop Loss @ 0.9940
Target @ 0.9835
RR Ratio @ 2.5
Trading involves substantial risk of loss. I'm just providing insight into what trades I'm taking.
Caution : AUD Employment Change & Unemployment Rate News after few hours.
AUDCAD long bias at weekly demand imbalancesForex cross pair AUDCAD is rallying and creating new weekly and daily demand zones. Longs could happen lower around 0.98 and also if new daily demand zones are created down there. Long bias on AUDCAD
AUD/CAD Short opportunityHi guys,
Here is my view on AUD/CAD.
Zoom out to see a clearer view. Analysis is based on the weekly timeframe.
