AUD/CAD sellAUDCAD to the downside.
Pullback to 0.89400 level is an opportunity for sell
Entry: 0.89400
SL: 0.90150
TP: 0.87350
RR: 2.7
Audcadshort
AUDCAD Idea H4Here is my view for AUDCAD on H4. The price could go down, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUD/CAD: head and shoulders top pattern – further downside?The AUD/CAD pair formed a head and shoulders top pattern with neckline breakdown earlier this month.
This pattern is similar to the one seen in AUD/USD but shows a bit more room to the downside towards July 2022 lows.
The RSI pointing southward and the MACD crossing the zero line indicate that some weakness could persist in the short term.
From a monetary policy perspective, the Bank of Canada is now acting more hawkishly than the Reserve Bank of Australia.
The BoC raised its overnight rate target by 75 basis points (bps) to 3.25%, while the RBA hiked by 50bps to 2.85% this week.
The CAD benefits not only from the size of the relative hike, but also from the forward guidance.
With inflation expected to rise, the BoC has stated that interest rates will need to rise further. On the other hand, the RBA Governor Philip Lowe said that the case for slower pace of hikes is growing, and that will be dependent on the upcoming data.
The recent breakdown of the ascending channel formed in July 2022 by the 10-year yield spread between Australian ( AU10Y ) and Canadian government bonds ( CA10Y ) suggests that markets now expect interest rates to rise relatively more rapidly in Canada than in Australia.
Idea written by Piero Cingari, forex and commodity analyst at Capital.com
AUD/CAD Made H&S Pattern , Short Setup After D Closure 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 setupWe have two levels of order block. Let's see how the market reacts to these levels.
We can put limit orders or wait for CHoCH in lower time frame.
AUDCAD H4 POSSIBLE MOVEHi traders, AUDCAD is setting up for a downside move its retesting look for sharp sell.
NOTE : My view or idea is just a technical base not combined with fundamental GOOD LUCK.
AUDCAD short opportunity 🦘🍁6:30 am UK time see an alert on my AUDCAD 30M reversal strategy.
Reversal trade identified and entered.
Working the 30M timeframe.
Trade details can be found on the chart in red label.
Trade box is tracking the trade.
Trade currently running in blue but we'll see where we end up as it has also been in draw down at the start.
Want to know how I identified this trade you know what to do.
Thanks for looking
Darren🙌
AUDCAD chart setup The chart analysis is self-explanatory.
Why you should follow me;
- Clean Chart,
- Clean Analysis
- Daily price action update,
- Good Minimum R:R 2:1 with stop-loss and
target,
- Educational purpose,
- Money Management 1-3%
Trade with good risk management because
the market trend can change so fast. Analysis
is based on recent data and valid if the market
holds the same opinion.
Disclaimer: This is not a financial advise but the
author's idea.
What is your view on this asset? Comment,
Like, and support with tradingview coins.
Thank you!
You can chat me in tradingview for any
questions.
AUDCAD SHORT - BIG SELL OFF!Waiting for a 2nd test of 0.9187 to short AUDCAD back down to 4H swing lows at 0.88782
If you agree drop a like and if you have any questions leave a comment:)
AUDCAD - 240 MINS CHARTThe Structure looks good to us, waiting for the this to correct and then give us these opportunities as shown on this instrument (chart).
Note: its my view only and its for educational purpose only. only who has got knowledge in this strategy will understand what to be done on this setup. its purely based on my technical analysis only (strategies). we don't focus on the short term moves, we look for only for Bullish or Bearish Impulsive moves on the setups after a good price action is formed as per the strategy. we never get into corrective moves. because it will test our patience and also it will be a bullish or a bearish trap.
we do not get into bullish or bearish traps. we anticipate and get into only big bullish or bearish moves (Impulsive moves).
Just ride the bullish or bearish impulsive move. Learn & Know the Complete Market Cycle.
buy low and sell high concept. buy at cheaper price and sell at expensive price.
Keep it simple, keep it Unique.
please keep your comments useful & respectful.
Thanks for your support....
AUDCAD possible short for 0.8920market making lower high and then fall mean each high did not breach previous high. 15th August formed inside bar range confined within the previous bar range. supply zone for short 0.9055-80. stop loss above inside bar high i.e 0.9115. target: 0.8920
AUDCAD - BACK DOWN TO WEEKLY LOWS!Waiting for a pullback into 0.89851 or into 0.92047 to short AUDCAD back down to Swing lows at 0.87327 with the 1st target being at 0.88880.
If you agree drop a like and if you have any questions leave a comment below :)
audcad shortDear friends,audcad in the 4-hour time frame, the upward dynamic trend line has been broken and after the pullback, it will hit the following targets. Also, the divergence is evident here. tp=0.88900 If you like my analysis, be sure to like and follow me
Wed 17th Aug 2022 AUD/CAD Daily Forex Chart Sell SetupGood morning fellow traders. On my Daily Forex charts using the High Probability & Divergence trading methods from my books, I have identified a new trade setup this morning. As usual, you can read my notes on the chart for my thoughts on this setup. The trade being a AUD/CAD Sell. Enjoy the day all. Cheers. Jim
AUDCAD trade idea (TUE - 16/08) : SELLFollowing on with previous trends, AUDCAD stays bearish, looking for a return to the discount zone, as it has broken numerous times downwards.
With an RR of 4 please enter at your own discretion.
AUDCAD trade idea (FRI - 12/08) : SELLTrade with RR of 3.46 and a potential of more - this pair will look to sell.
#audcad
AUDCADIn AUDCAD after market test its strong resistance trendline at 0.91059 price drop to 0.90930 after the market open if price break market structure 0.90830 than you go for short position and exit on the coming support which i draw in the charts. if price come back and push to upside than wait for the trendline resistance again test if you see again some strong bearish candles than you go short with very good R:R.
ENTRY SHORT 0.90808 AND 2ND 0.91049
TAKE PROFIT 0.90561
TAKE PROFIT 0.9030
STOP LOSS 0.91171
AUDCAD, More upside movement (250+) Hello Traders,
AUDCAD is been moving within a HTF Reversal Structure since May and we have finally seen a breakout which we are now looking for a Bullish Continuation to complete that will bring the price even higher. My target range is near the 92.6 level.
Trade Safe
Thanks
AUDCAD trade idea (FRI - 12/08)Last day of the week - it has been a good trading week, let's end it like so. AUDCAD has left so much imbalance downwards and has shifted structure enough times.
AUDCAD Sell idea (THU - 11/08)A lot of imbalance downwards. It’ll look to go back to it. Simple sell, it has already broken structure twice downwards - and has been respecting upper zones. Trade is a RR of 5.5
