Audcadshort
AUDCAD | 4H | Break & RetestBy far the cleanest Break & Retest structure I've seen on all pair this week.
But keep in mind that the monthly, daily, four hour is bearish trend but on the daily it's not aligning with the overall trend.
That means that this trade is not an A+ setup but it's an A setup
Excited to see how this trade went.
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.
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AUD/CAD multiple Set Up's In PlayWhat's Up therealtraders! here i share my analysis with aud/cad looks like we're going to see a reaction incoming for a price reversal potentially back to double top to the upside or even slightly higher to trap Buyers by creating a higher high on the shorter time frames
before entering this set up we would like to see bullish confirmation on the smaller time frames 4 hr-1hr time frame
if we get confirmation we enter and ride the move up with profit taking a must because i do see this coming back down in a big way, and whether we pull up or not it could drop hard so wait for confirmation either for rejection for the buy or breaks for the sells
AUDCAD possible drop to support levelCurrency Pair : AUDCAD
Possible direction : Bearish
Technical Analysis : Price has formed a double top on the daily timeframe and broken out of this double top. Tested the previous support as resistance and rejected to the downside signaling possible trend change. As from daily price action, we see possible support turns resistance and highly likely price will continue to drop after testing the previous support as resistance and a sell trade is highly probably from this high area of value.
Possible trade recommendation : Bearish as per chart sketch
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AUDCAD Trading Plan - 7/Feb/2023Hello Traders,
Hope you all are doing good!!
I expect AUDCAD to go Down after finishing this correction.
Look for your SELL setups.
Please follow me and like if you agree or this idea helps you out in your trading plan.
Disclaimer: This is just an idea. Please do your own analysis before opening a position. Always use SL & proper risk management.
Market can evolve anytime, hence, always do your analysis and learn trade management before following any idea.
AUDCAD - Short from bearish order block ✅Hello traders!
‼️ This is my perspective on AUDCAD .
Here we are in a bearish market structure from H4 timeframe perspective, after change of character. I expect price to continue the retracement to fill the imbalance higher and then to reject from bearish order block + institutional big figure 0.94000.
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AUDCAD : Bull tunnel entry post 9 week breakout up! 30.5Simple technicals combined with a broad perspective.
1) Resistance trend-line ongoing since April 5th was broken 24th may, indicating bull trend initiating.
2) Since breakout, connecting lows and highs are parallels indicating a consistent up-trend in the shape of a tunnel.
The range of the tunnel is 0.980 to 0.916 , current rate is 0.911.
A break below 0.980 with a daily close would confirm downside potential to 0.9000.
So buying now and placing a stop lower than 0.980 is the first option with a TP at 0.916.
Second option is to to wait for a 4h candle close break above 0.916 and TP at 0.9222 with a SL back below at 0.9135.
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#AUDCAD SHORT TIME -TODAY 2023.2.4And in the last stage, we have the 45-minute time check:
We are now on the reciprocal completion area around 0.92559. The ranges between 0.92559 and 0.91923 can be considered as areas for correction, and all the decreasing targets from the return range to 0.93234 can act as resistance areas in correction, generally they cover 50% of their sharp movements.
The major wave in the 45-minute time period is a decrease and any rise is only until the correction is confirmed. If the upward wave is corrected, we can expect a decrease to the range of 0.91512 and then an important static range overlapping with the corrective fibo in the area of 0.90925.
AUDCAD SellGood day everyone! Don't forget to put your thumbs up and write comment if you like the idea.
AUDCAD sell 0.94365 and 0.94837. SL 0.9600. Risk 1%. Sale from monthly and weekly target area. In the week they came for a test of the upper edge of the balance sheet , and in the week for commercial interest for sale. First Target Standard, Global Target Return to Area 0.92710.
DISCLAIMER:
The opinion of the author may not coincide with yours! Keep this in mind and consider in your trading transactions before making a trading decision.
AUDCAD - Selloff continuation ✅Hello traders!
‼️ This is my perspective on AUDCAD .
Here I expect bearish price action to continue as price took out buy stop liquidity and rejected from institutional big figure 0.95000. Also an argument is that price forme a normal divergence on daily timeframe.
‼️Attention!!! Due to the fact that we have a lot of news events upcoming week, the analysis can be invalidated.
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AUDCADAUDCAD is in a 4H supply zone and on my 4H chart, it just broke structure to the upside which i am expecting a pullback to the premium 4H demand zone. Nevertheless, in current price sitting at the 4H supply zone, 1min has switched bearish and I'm taking an entry at 0.94861 with a 3pips Stop Loss at 0.94891 targeting a 100pips minimum. I hope you find this useful. Cheers.