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Audcadshort

AUD/CAD SHORT SELL NOW.... 💹AUD/CAD ⏬ SELL/SELL LIMIT @ 0.91343 ✅TP-1# 0.91000 ✅TP-2# 0.90800 ⛔️SL 0.91612 (BOTH ENTRY SL SAME) AronnoFX will not accept any liability for loss or damage as a result of reliance on the information contained within this channel including data, quotes, charts and buy/sell signals If you like this idea, do not forget to support with a like and follow. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad.
Short
by AronnoFx
4
AUD/CAD: More bearish Continuation!What’s up guys and welcome to my profile, my name is Gianni and today I’m going to analyse the AUD/CAD, trying to translate the market information with a full technical analysis on different time frames perspectives. For a better understanding of my bearish perspective, let’s have a quick look on the monthly timeframe: Overall the market is moving to the downside, a strong bearish impulse got a breath, closing the last month with a big red candle, sign of a good bearish pressure. Switching to the weekly timeframe: As you can see on the chart, the price quickly retraced back after the bearish impulse, and it is currently retesting a previous support turned now in a resistance level, that coincides with the 0.38% of Fibonacci retracement. I would expect some consolidation before a possibility to see a trend continuation. On the daily timeframe: The market consolidated for few months between the two key levels, breaking the support level at the beginning of December. Back to the 4 hours timeframe: The price reached the dynamic trendline and the resistance level, losing momentum close to this area (see the last few candles with a smaller body) Before planning my short position on this trade I will be waiting for bearish price action and a strong red momentum candle with a RRR 1:2 or greater. Potentially my SL would be above the resistance level and the take profit around the next support level, manually moving my SL on every swing high. A breakout to the upside would invalidate my trade and no action will be taken on this market. If you enjoy this trade idea, support my work with a thumb up and don’t forget to follow my profile for more detailed technical analyses! Trade safe and responsibly, Gianni DISCLAIMER Please note the views are not investment advice and should be used only for educational purpose
Short
by UnknownUnicorn18552923
17
AudCad this pair gonna continue free fall for next month and half as i believe, when we check monthly and weekly support i see no strengthen before 0.8800 plus we still see high sell volume on high frame and short-term correction to secure positions . oil industry too pushing Cad highly especially with analysts keep remained us that what ever happens in OPEC+ meetings the WTI and BRENT are gonna reach 100$ for barrel level next year . you must zoom out to see monthly S&R , and take this on your own responsibility
Short
by Adel_Tunisi
AUD/CAD SELL 📉Hello and welcome traders to another trade idea with Fobian ☝️ Firstly, if you like what you see, please support our work by writing a comment and SMASH that like button! 👍 Let's catch these moves together! ✅ 👉 WE are waiting for conformation: - WAiting for pullback. - EMA's give us SELL signal. - Waiting to reach Fib level and reject our 50.00% level. 💡 Why should you follow our profile on TradingView? Consistent chart updates Clean charts Short and long-term perspectives Visually teaches you valuable lessons High probability setups Analysis on a wide range of major markets SMASH that follow button! 👍 💡 Leave a comment and/or message us on how we can improve and provide better content, we are open to suggestions to create a better experience for you! Keep in mind that the analysis provided is not 100% accurate and that you can never be certain with the markets. This information given is not financial advice, always do your own research.
Short
by TBFinan
AUDCAD (1H) OUTLOOK - BEARISHGood Morning Friends, Am taking a good look at AUDCAD (1H)🔥🔥🔥 AUDCAD price currently is playing inside a flat bottom triangle, and price is correcting/heading to touch the trendline from where seller will step in to push price down to 0.91043 area (lower bounds of our flat bottom triangle). MACD (1D) clearly indicates that sellers are still present and willing to deal. MACD (1H) confirmed this as there are not buyers present at all. Entry would be idea if price kisses the trendline, with STOP LOSS at 0.92134, TARGET at 0.91043 RRR of 1:3.42 (25.0:85.5 pips) I will update here if anything changes PLEASE LIKE AND COMMENT, ALSO FOLLOW ME FOR MORE
Short
by Kingsley_lotanna