AUD/CAD :: Very important range !!!AUD/CAD :::
Various supports and resistances are located in this range. Waiting can be the best decision until the decision to take a position is made after the change.
Audcadsetup
AUDCAD (SHORT)Everything seems to be aligning for a short entry on AUDCAD. looking for price to retest on the previous level of support.
Zero fluctuation Price is moving directly proportional to the previous analysis with immense accuracy, the bullish move hit tp with zero fluctuation. Now we are cruising nicely on this bearish move as anticipated, it is indeed the ultimate bearish move, with stoploss in place, we are looking to hit target...
AUDCAD Idea H1Here is my view for AUDCAD on H1. The price could go bullish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDCAD analysisThe market is still in a bullish trend, but it’s pretty much in a phase of change in market structure. Initially the 4h resistance was respected, which it then got violated and turned into this current support which was activated by the pullback at price 0.93095. From this current price we’re anticipating a bullish move to our daily supply region or at least price 0.94044. Double bottom has been violated along side with the three drives being completed, this activates the slight bullish move, then we prepare for the ultimate bearish move after a significant candlestick confirmation of course...
AUD/CAD :: Movement in the upper part of the middle line .AUD/CAD :::
The price has been moving in the lower part of the channel for some time and the middle line has been the resistance of this movement
And now the resistance has been broken, we can expect the price to move above the middle line for a while ,
And it will definitely have downward corrective movements .
AUDCAD Idea H1Here is my view for AUDCAD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDCAD scenarioBeen evolving with AUDCAD and it has matured to this structure after a strong bullish momentum. After price respected the supply zone it provided this harmonic pattern and now we witnessing the market going bearish...
AUDCAD LongDear friends,
Here comes another analysis for the future trade. Right now, the price is taking the trendline support to make a move upward. But the trendline has been tested multiple times. From my point of view, it looks like it will break. After breaking in the downward direction, price will test the range from 0.90270 to 0.89550 (Aggressive entry) if it is a normal selling pressure. If selling pressure is high, then the price will again make a move of another 0.00500pts in the downward direction to test the price at 0.89100 (Conservative entry).
A good force of touch to this point it will make a move to go upside. But the only problem is the trend will be in the downside and the Algo traders will enter against the bulls to force the rally. Tests patience. Makes us sell. Then finally stocks go up.
But it is wise to follow your risk management before taking entry.
I love to share my ideas. Feel free to revise the text and provide feedback. It makes it so personal and improve us in better ways.
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".
OANDA:AUDCAD
AUDCAD-SHORT - we had since a long bullish impulse however, the long tern view on audcad, is bearish. Therefore, we are expecting a continues bearish downtrend.
AUD/CAD SHORT TRADE ...According to SMC , We have a trade entry for short on AUD/CAD pair as following :
ENTRY @ 0.91540
SL @ 0.91774
TP @ 0.90839
RRR : 1:3
GOOD LUCK GUYS ...
AUDCAD: Elliot Wave Price action Continuing the previous analysis with more details. It can be expected that wave c will correct up to 0.8935 and continue to grow.
audcad still running to downsidedownside demand area still very strong to breakdown to down side that is why my order for buy for long abd sl will after 1tp on profit side
AUD/CAD LONG TRADE ...According to SMC , We have a two trades entry for long on AUD/CAD pair as following :
TRADE 1:
ENTRY @ ACTIVATE NOW
SL @ 0.91686
TP @ 0.92676
RRR : 1:4.05
TRADE 2:
ENTRY @ 0.91473
SL @ 0.91249
TP @ 0.92555
RRR : 1:4.83
IF 1ST TRADDE IS ACTIVATED AND HIT TP , DON'T ENTER THE 2ND TRADE ...
GOOD LUCK GUYS ...
AUDCAD contractionPrice made a pullback to our previous low with this stunning doji candlestick to strengthen the bearish momentum. The market provided us again with this contraction move after the volatile one, now with should expect an aggressive push to the downside from this breakout…
AUDCAD Breakout Short!AUD-CAD was going up along
The rising support line
But after the failed breakout attempt
Of the horizontal resistance level at 0.92821
We saw successful bearish breakout
Of the rising support
So I think that the
Will go down now
AudCad ShortI am looking to short AudCad as it has broken the trend line and support, I am waiting for a retest confirmation. If if it fails to drop and breaks the above resistance, I will be looking for Long continuation opportunities
AUD/CAD LONG TRADE ...According to SMC , We have a two trades entry for long on AUD/CAD pair as following :
TRADE 1:
ENTRY @ 0.91594
SL @ 0.91487
TP @ 0.91969
RRR : 1:3.5
TRADE 2:
ENTRY @ 0.91350
SL @ 0.91262
TP @ 0.91664
RRR : 1:3.57
IF 1ST TRADDE IS ACTIVATED AND HIT TP , DON'T ENTER THE 2ND TRADE ...
GOOD LUCK GUYS ...
AUDCAD Idea H1Here is my view for AUDCAD on H1. The price could go up, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDCAD is ready to go shortAfter the good news for the Canadian dollar, the high is reached and the trend changes; the next level that the price will look for is the 0.90 zone.
AUDCAD - Long from bullish orderblock ✅Hello traders!
‼️ This is my analysis on AUDCAD.
Here we are bullish from H4 timeframe perspective, so I am looking for longs. I expect price to make a retracement to fill the imbalances lower and then to reject from bullish orderblock.
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AUDCAD - W patternHello again! Here we have a nice W pattern from which we can expect a retracement of the price to the neckline - 0.89440. But firstly, we need to see a break of the current support, and only after that, we can be looking for an entry point at the retest of that zone. Now waiting for the market to open in order to see if the setup will be completed!
20 REASONS FOR LONG AUDCAD MULTI-TIME FRAME TOP-DOWN ANALYSIS OVERVIEW🤑
🧐Eagle eye: Over All Price movement are bear till last 10 years. Almost every year, prices create a new low
Monthly: clear downtrend two higher low and lower low current candle is corrective mood and taped recent FVG area
Weekly: also a clear downtrend on weekly tf till it breaches the last high of about 0.9100 area, so we expect retracement till this area's previous high
SUMMARY extreme bear in Big pic resistance level is 0,9100. The price can reach 0.9100
1 Structure analysis time frame: D1 up trend
2 target time frame: D1
3 Current Move: impulse
4 Entry Time Frame: h4
4.1 Entry TF Structure: bullish
4.2 entry move: current move is impulse. A correction is expected if the price is unable to break the 0.9035 area only 10 pip ahead
5 Support resistance base: support area is 0.8925, resistance area 0.9035. Decide based on these areas but remember, if the price break the resistance level, take a buy entry, or if the price is rejected on the resistance level, then wait for the support area for another buying opportunity only till the support area is intact
6 FIB: Almost done trigger event
7-candle Pattern: shrinking Pattern
8 Chart Pattern: double top
9 Volume: reversal volume is the significant volume at 1st leg and low at 2nd leg
10 Momentum UNCONVENTIONAL Rsi: super bullish zone above 60
11 Volatility measure Bollinger bands: m pattern with volume support volatility divergence
12-strength ADX: uptrend is in strength
13 Sentiment ROC: AUD is weaker than CAD
14 final comments: for now, according to h4, we are with bulls expected the last move, then reversal, as we mentioned, is eagle eye view
15: decision: buy now, and 2nd entry buy at retracement
16 Entry: 0.8927
17 Stop losel: 0.8915
18 Take profit: 0.9090
19 Risk to reward Ratio:1:9
20 Excepted Duration:5 days
