AUDCAD 4hr Short PlayNot long to go until the markets open! here is a potential four hour short setup on AUDCAD for early in the week.
We have two possible entries for you!
First entry and the riskier one of the two is off the 50% fib level, ema and support now turned resistance, price could wick up into the 618 level before dropping!
The second and safest entry would be a break and retest of the small counter trendline.
if you plan on taking this trade then make sure you go down to the smaller timeframes 1hr/15mins and look for some nice rejection or engulfing candles!
if you don't get those rejection candles or the the Bulls are driving momentum then sit this one out!
1:5.42 RR with a 50 pip stop loss
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Audcadshort
AUDCAD: Daily analysis on a Wyckoff point of viewHi Traders,
This is my view on this cross for the next few days.
#AUDCAD is bearish till 0.83 area
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen
AUDCAD: Short opportunity on DailyHi Traders,
This is my view on this pair for the next few days.
#AUDCAD
SELL 0.9686
SL 0.9823
TP 0.8832
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen
AUDCAD - BEARISH BIAS=====
MARKET OUTLOOK
=====
AUD - BEARISH
1️⃣ For the coming week, the highlight for the AUD will be on the Reserve Bank of Australia (RBA) rate decision due Tuesday. Because of the low inflation profile, the Bank is unlikely to adopt a hawkish tone in its statement on Tuesday
2️⃣ Meanwhile, rising tensions between China and Australia are likely to remain the major idiosyncratic challenge.
CAD - BULLISH
1️⃣ Bank of Canada leaning towards a more hawkish message such as CAD. The loonie also was supporting by rallied oil prices.
2️⃣ Canada has started to expand its vaccine distribution, currently vaccinating as many individuals as the United Kingdom and the United States every day. This helps to bolster the Canadian economy positive growth narrative.
=====
TECHNICAL
=====
- We're shorting this pair at SBR on M15 chart. This is short term trading strategy from Monsun Asia.
- Risk reward ratio is 2:1.
AUDCAD IdeaG'day Guys
Next let's check our AUDCAD.
Nothing much we can do this pair as this pair was dropping so much. What we can do now is waiting for correction before opening Sell Positions.
We waiting for price entering the Supply zone to create momentum / impulse to push the price lower.
Am projecting this pair gonna forming this pattern.
Let's see what happen next... Cheers.
AUD/CAD Running In 50 Pips Profits Now !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
AUD/CAD Trying To Make Head And Shoulders Pattern Short Setup ?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 ** trade currently open lets see if reaches TPHi all, hope your having a great week, really happy with current performance for the strategy, forward testing is showing solid results across the board.
The entry price, stop loss (in pipettes) and take profit are shown on the chart itself.
Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress.
My name is Al, I'm 40 and from the UK.
I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can.
Any questions, feel free to drop me a direct message if I can help.
These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too.
This is all for information and education.
Have a great day,
Al.
🙂
PS. Check my other 'Related Ideas' too.
AUD/CAD Create ab=cd Pattern......BUY
AUD/CAD CHART PATTERN LONG TIME FAME CREATE REVERSAL HEAD AND SHOLDER PATTERN.
NOW MARKET BREAKOUT NICK LINE.SO, NOW ITS BUY MOOD UP TO
✅TP-1# 0.97426
✅TP-2# 0.98276
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
PLZ! LIKE ,COMMAND AND SHAIR
AUDCAD: short intraday tradeHi Traders,
This is my view on this pair for the next few days.
#AUDCAD
Wait for the channel to be broken ad retested to go short
SELL 0.96616
SL 0.9681
TP 0.96
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals.
I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view.
Thank You
———————————
Pietro from Trading Kitchen