AUDCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
Audcadsetup
Distribution phase rejectionThis pair reacted nicely to the setup we had the previous week from the distribution phase. Mitigated the breaker, then the internal demand zone even if it made a spike out, pushed all the way up to form a fractal high which created some liquidity. Dropped made yet another mitigation, broke the structure and made a nice pullback to the breaker block which led to this stunning bearish momentum. From the current information, I foresee the market falling even further to violate the liquidity zone and from the violation buyers shall take control. The initial bullish target is the internal supply zone…
Distribution to breaker blockThe chart is characterised by a bearish engulfing candlestick, this provides the impression that we should expect a pullback to break block from this minor distribution phase. The pullback will potentially trigger more buy order below in order to abruptly go bullish to create highs and complete the emerging daily head and shoulders pattern…
AUDCAD BUYAlright so basically AUDCAD is going for a buy for about 200 pips plus before we can except a meltdown of a sell, a pullback needs to occur in price based on pure price action we would be expecting a buy, if you focus on this analysis you would notice before price broke the Trend line price first then created a W pattern which signifies that a possible reversal has occurred on the support level so we patiently wait for price to retest or retrace back before we can take our buys. Drop a Comment please on what you think on this Analysis or think about AUDCAD.
Thanks
AUDCAD: Don't miss these sells...Price has formed significant equal lows near a key psychological level.
I expect price to play buyers, lure them in while wiping out seller liquidity only to return to sweep again.
If my theory is correct we should see pushes back up into the structure zone, followed by manipulation, then a rollover to the downside.
I like the look of this and will keep my eye on it, do you feel the same?
Let me know what you think in the comment section.
AUD/CAD short lining up Inv Cup and Handle to 0.8735AUD/CAD is forming a super Inverse Cup and Handle
We are getting the breakout below the brim level, and now just waiting for the price to close and the next candle to open.
That's when we'll get our official entry.
21>7 - Bearish
Price>200 - Bullish
RSI <50 Bearish divergence with lower highs and the price is making lower highs too.
Target 0.8735
AUDCAD - Expect retracement ✅Hello traders!
‼️ This is my perspective of AUDCAD .
Here we are bearish from H4 timeframe perspective, so I am looking for shorts. I expect price to make a retracement to fill the imbalance higher and then to reject from bearish order block + institutional mid figure 0.915000.
‼️Attention!!! Due to the fact that we have news events on CAD on Wednesday and Friday, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!
AUDCAD Next Possible MovePair : AUDCAD ( Australian Dollar / Canadian Dollar )
Description :
Bearish Channel in Long Time Frame as an Corrective Pattern
Divergence
Break of Structure , Break the S / R Level and Completed the Retracement
Bullish Channel in Short Time Frame and Rejection from the Upper Trend Line
Fibonacci Level - 61.80%
AUDCAD 1h short sellingHello traders, what we are going to look at today is the OANDA:AUDCAD currency pair.
If you look at the hourly chart of this pair, now there are opportunities to short sell it. But there is a little more up move to come. It has two short entries. My first entry is at 93100 and another entry is at 93600. As far as my eyes can see it is better to short 93600 rather than 93100.
These two entries give you a good result. But timing the market is very important. Just wait for the proper pattern and then enter in anyone of the entry and get wet in the rain of money.
Trade safe!
Thanks & Regards,
Alpha Trading Station
Disclaimer: This view is for educational purpose only & any stock mentioned here should not be taken as a trading/investing advice. We may or may not have position in the stocks mentioned here. Please consult your financial advisor before investing. Because Price is the "King of Market".
AUDCAD SHORT plays**My trades are 10R+ thats why I never risk more than 0.5% of me account for a trade.**
Waiting for this break to confirmed re-Distribution (1)
If we dont get break , I am almost sure that she is gonna sweep these hi's (2)
they need to mitigaate the news candles here, Potantial Distribution (3)
If break confirmed my limit will be here (4)
Limit already on here (6)
AUD/CAD Full Analysis , Long & Short Setups, Watch Carefully 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 from bearish order block ✅Hello traders!
‼️ This is my perspective on AUDCAD.
After the change of character I started to look for short positions. I expect price to reject from one of the bearish order block.
‼️Attention!!! Due to the fact that we have news on AUD this week, the analysis can be invalidated.
Like, comment and subscribe to be in touch with my content!