Audcadshort
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 analysis wait and make a short sellAUD CAD is bullish .
we think that it would move toward the upward resistance where is the supply zone found .
Here you could enter a short sell with a stoploss not away due to the upward trend.
here we divide the target as two pieces as usual.
if you like it boost this idea
AUD/CAD :: Short position for lower time frame and ...AUD/CAD :::
The resistances have performed their role well and now it is the turn of the supports .
Currently, the movement is downwards and the best positions have been determined for the short position .
In case of a change in the course of the route ::
The chart is reviewed again .
<<< Good luck >>>
AUDCAD Investment Plan - 30/Dec/2022Hello Traders,
Hope you all are doing good!!
I expect AUDCAD to go Down after finishing the current correction in LTF.
Look for your SELL setups.
Considering the fact that there are also traders looking for ideas wrt investment purpose, I will be posting my view on few assets for Long term trades.
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 BEARISH OUTLOOKThe AUD/CAD currency pair had broke and remained under one of its major supports at 0.9133 on the 1H graph, which is an indicator for bearish trend for the instrument.
Both technical indicators, RSI and MACD are confirming the outlook for the pair. In this case in the next few hours the price might try to test levels of 0.91 In the opposite scenario the price might try to climb back to levels of 0.915
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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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