AUDCADAUDCAD 4-hour time frame analysis
The price is expected to reach the swap zone and react downwards from there to the drawn areas.
Audcadshort
$AUDCAD | Sell Trade | Market Exec | Technical Confluences:
- Price actions are now at Stochastic Overbought conditions in Daily, H4 and H1
- Price action is at the 78% Fibo retracement levels which also coincides with a Interest Zone
Fundamental Confluences:
- Both currencies are considered as commodity currencies and both currencies require strong commodity prices to prosper and it all comes down to growth
- Australia's growth is more concentrated on China's outlook and Canada's very US-centric still.
- We are still not seeing much growth momentum in the China space and with US-side having a soft landing possibility, Canada's prospects should be better at the moment
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Will be taking a position into a sell OANDA:AUDCAD position.
Targeting to TP approximately half the position at the 50% Fibo Extension levels (in blue) and move my SL levels to B/E. It will depend on how the price action is at the 50% Fibo's Interest Zone.
This trade will be the battle of the Interest Zones.
Full TP are the 61%/78% Fibo Extension levels.
Remember, DYOR.
AUDCAD Bank Robbery Plan on Bullish DirectionMy Dear Robbers / Traders,
This is our master plan to Heist AUDCAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Entry : Can be taken Anywhere, What I suggest you to Place Buy Limit Orders in 15mins Timeframe Recent Swing Low
Stop Loss : Recent Swing Low using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
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AUDCAD Short Opportunity Overall Trend:
The price is in a downtrend, indicated by the sequence of lower highs and lower lows.
Moving Averages:
The 50-period Simple Moving Average (SMA) (red line) is above the current price, suggesting bearish momentum.
The 200-period SMA (blue line) is also above the current price, reinforcing the bearish trend.
Bearish Wedge:
The price broke down from a rising wedge pattern, indicating a potential continuation of the downtrend.
AUDCAD SELL IDEAOANDA:AUDCAD
The Weekly, Daily and 4H are bearish making my bias bearish. We have a rejection at Daily Resistance with entry based on a 4h bearish engulfing candlestick.
AUDCAD | Hidden Bearish Divergence
The AUDCAD chart shows the formation of a Hidden Bearish Divergence, indicating that the current uptrend may soon reverse into a downtrend. Additionally, there is high-impact CAD news today with the release of the CPI data.
On the chart, there is also the formation of parallel channels. We expect these channels to break soon, supported by the confirmation of the Hidden Bearish Divergence.
In summary:
1: Hidden Bearish Divergence: Indicates a potential reversal from an uptrend to a downtrend.
2: High-Impact CAD News: The release of CPI data today could significantly influence the price.
3: Parallel Channels: The chart shows parallel channels, and a breakout is anticipated soon.
These factors together suggest a potential shift in the trend, but it's crucial to monitor the news and conduct thorough analysis before making any trading decisions.
AUDCAD Short Term Sell IdeaH4 - Bearish trend pattern
Currently it looks like a pullback is happening.
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AUDCAD - Short from bearish order block !!Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bearish market structure from 4H timeframe perspective, so I look for a short. I expect price to continue the retracement to fill the imbalance and then to reject from bearish order block + institutional big figure 0.91000.
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AUDCAD - Looking To Sell Pullbacks In The Short TermH1 - Bearish trend pattern
Strong bearish momentum
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AUDCADOn the daily chart we have a change of character indicating a shift in order flow from bullish to bearish.
Though we have a shift in order flow, the entry model is ranked moderate to weak, meaning there is a possibility price might push higher during correction. Either way, we are short on this pair.
Sell AUDCAD Pennant BreakoutThe AUD/CAD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Pennant pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 0.9200, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 0.9172
2nd Support – 0.9152
Stop-Loss: To manage risk, place a stop-loss order above 0.9230. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
AUDCAD Bearish Robbery plan to make moneyMy Dear Robbers / Traders,
This is our master plan to Heist AUDCAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
AUDCAD Bearish Robbery plan to make moneyMy Dear Robbers / Traders,
This is our master plan to Heist AUDCAD Bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Short entry. Our target is Green Zone that is High risk Dangerous level, market is oversold / Consolidation / Trend Reversal at the level Bullish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing High using 2h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday make money easily with Thief Trading Style.
AUDCAD Bearish MomentumAUDCAD just broke the trendline now in a phase where possibilities are retest of trendline. High Probability that the uptrend will change in to Down trend.
AUDCAD SHORT TRADEAUDCAD SHORT
Entry point :- 0.91711
Stop lose :- 0.92666
Risk :- 0.50%
Target 1 :- 0.9076
Target 2 :- 0.8980
AUDCAD BULLISH SIDE MONEY HEIST PLANMy Dear Robbers / Traders,
This is our master plan to Heist AUDCAD bank based on Thief Trading style Technical Analysis.. kindly please follow the plan I have mentioned in the chart focus on Long entry. Our target is Red Zone that is High risk Dangerous level, market is overbought / Consolidation / Trend Reversal at the level Bearish Robbers / Traders gain the strength. Be safe and be careful and Be rich.
Note: If you've got a lot of money you can get out right away otherwise you can join with a swing trade robbers and continue the heist plan, Use Trailing SL to protect our money.
Stop Loss : Recent Swing Low using 4h timeframe
Warning : Fundamental Analysis comes against our robbery plan. our plan will be ruined smash the Stop Loss. Don't Enter the market at the news update.
Loot and escape on the target 🎯 Swing Traders Plz Book the partial sum of money and wait for next breakout of dynamic level / Order block, Once it is cleared we can continue our heist plan to next new target.
support our robbery plan we can easily make money & take money 💰💵 Join your hands with US. Loot Everything in this market everyday
AUDCAD - Long from trendline !!Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I look for a long position. My point of interest is if price continue the retracement to fill the imbalance lower and then rejects from trendline + FIBO 0.5 level.
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Bearish Ideas on AUDCADBullish momentum brought by an exuberant Australian dollar against a bearish Canadian dollar.
As always, rapid climbs leave many areas to fill, you could start from this point, or go looking for the maximums before a descent, this is why I have proposed two setups on the chart.
Be careful.
Bearish Reversal Insight AUDCAD Technical Analysis & Trade SetupThe AUDCAD currency pair is currently forming a Bearish Butterfly Harmonic Pattern (XABCD), indicating a potential bearish reversal. Point D, the Potential Reversal Zone (PRZ), is aligned with a key resistance area and intersects a daily trend line, providing a strong confluence for a bearish bias.
Potential Reversal Zone (PRZ) and Key Resistance:
Point D is identified as a critical area where the price is likely to reverse. This zone is reinforced by a key resistance level, adding validity to the bearish outlook. The intersection with the daily trend line further strengthens the likelihood of a trend reversal from this point.
Entry Strategy:
To capitalize on the expected trend reversal, the entry should be made at the breakout of the support level near 0.90450. This level is crucial as a confirmed breakout here would signal the start of a bearish trend.
Stop Loss Placement:
A stop loss should be placed above the resistance level at 0.91400. This placement ensures protection against potential false breakouts and market volatility.
Take Profit Targets:
The take profit targets for this trade are as follows:
TP-1: 0.89500
TP-2: 0.88550
TP-3: 0.87600
These targets are strategically set at significant support levels to maximize gains while managing risk effectively.
Conclusion:
The formation of the Bearish Butterfly Harmonic Pattern, combined with the confluence of the PRZ, key resistance area, and daily trend line, presents a compelling bearish setup for AUDCAD. By entering at the support breakout, setting a prudent stop loss, and targeting key support levels, this trade offers a favorable risk-reward profile for traders.
AUDCAD_BEARISH TRENDScript is currently under bearish trend and based on the chart patterns we can seek a quick scalping for short. levels identified on the charts as well..
DYOR (Do your own research)
Sell AUDCAD Symmetrical TriangleThe AUD/CAD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours.
Possible Short Trade:
Entry: Consider Entering A Short Position below The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.9070.
Target Levels:
1st Support – 0.9028
2nd Support – 0.9007
Stop-Loss: To manage risk, place a stop-loss order above 0.9090. This helps limit potential losses if the price falls back unexpectedly.
Bearish Breakdown:
Triangle Breakout Retest: The price action recently broke above a bullish triangle, indicating a potential uptrend. However, it has now returned to retest the broken resistance line of the triangle. This retest often precedes a reversal.
Ichimoku Cloud Resistance: The price is currently hovering near the Ichimoku cloud, which can act as a resistance zone. A rejection from this area could further strengthen the bearish case.
Thank you.
AUDCAD Bearish Harmonic Pattern - Strategic Trade SetupThe AUDCAD pair is currently exhibiting a Bearish Harmonic Pattern (XABCD), with Point D anticipated to act as a Potential Reversal Zone (PRZ). This analysis aims to identify strategic entry and exit points based on the confluence of multiple technical indicators.
Key Technical Indicators
Potential Reversal Zone (PRZ):
Point D aligns with a significant Key Resistance area, which historically serves as a strong barrier to upward price movement.
4-hour Trend Line:
The trend line, which has acted as a pivotal point in previous market movements, intersects at Point D, reinforcing the likelihood of a reversal.
Bearish RSI Divergence (1-hour):
The Relative Strength Index (RSI) on the 1-hour chart displays a bearish divergence, suggesting weakening bullish momentum and potential for a bearish reversal.
Trade Setup
Entry Point:
A strategic entry is recommended at 0.91113, where the confluence of the aforementioned technical factors indicates a high probability of a trend reversal.
Stop Loss:
To mitigate risk, a stop loss should be placed at 0.91261, slightly above the resistance level to avoid false breakouts.
Take Profit Levels:
TP-1: 0.90964
The first take profit level is set at 0.90964, capturing initial downward momentum and ensuring partial profit realization.
TP-2: 0.90816
The second take profit level at 0.90816 aims to capitalize on further bearish movement, aligning with intermediate support zones.
TP-3: 0.90668
The final take profit target at 0.90668 corresponds to a more significant support level, maximizing potential gains from the bearish trend reversal.
Conclusion:
Based on the technical analysis, the AUDCAD pair presents a compelling bearish setup with multiple converging indicators at Point D. The proposed entry at 0.91113, supported by a precise stop loss and structured take profit levels, offers a well-balanced risk-reward ratio. Traders are advised to monitor price action closely as it approaches the PRZ to confirm bearish momentum before executing the trade.
AUDCAD analysisIn case of failure, the sales transaction range will be activated! Please be careful!
