Audcadshort
AUDCAD looking for supportBased on the recent performance of the CAD, and the weaknesses showed up on the AUD, we see a short term downtrend to touch the support
AUDCAD - Day trade by Keltner Channel 20/11/20201. How to fill color the Keltner Channel:
...All Upper, Basis, Lower increased to fill green.
...All upper, basis, lower decrease to fill red.
...One of the Upper, Basis, Lower is not the same direction fill gray color.
2. How to calculate a Trend:
...If the Total of 25 candles > 0 to give Uptrend.
...If the Total of 25 candles < 0 to give Downtrend.
3. How to entry.
- Buy's entry when the Color is up and the price crossunder the Basis.
- Sell' entry when the Color is down and the price crossover the Basis.
4. How to calculate the Stoploss and Take profit:
AUD/CAD New Analysis And 2 Setups Are Available 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 shortEntry Sell-Stop , 0.95450
Stop-Loss, 0.95750
Target
R1, 0.95150
R2, 0.94850
R3, 0.94550
SL-30pips
Risk1%
AUDCAD Preparation!!! SHORT
Entry Sell-Stop , 0.95450
Stop-Loss, 0.95750
Target
R1, 0.95150
R2, 0.94850
R3, 0.94550
SL-30pips
Risk1%
AUDCAD: BULLISH Power Fading...Great Short Opportunity!!!From our previous analysis, you can see that we managed to predict the BULLISH movement made by AUDCAD and we were looking for movement till this resistance zone. This will be an update from my previous analysis so if you yet to read it do check it out. Currently, what we saw from AUDCAD is BULLISH movement trying to breakout from this resistance zone but we saw some struggles which now give us a great BEARISH outlook. AUDCAD price level was unable to break this ichi cloud showing BULLISH strength. In fact, we see price starting to move downward from here. I will be looking to make a good SELL trade to the support level @0.9405 where I potentially see a trendline forming if AUDCAD will like to break up higher. I will update further movement at a later date as of now I will short this pair to the support zone.
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AUDCAD ShortPrice reach the major resistance level and show a pin bar.
price may reverse to the support level
AUDCAD Roadmapcurrently, we are seeing price still respected and playing inside a bullish trendline channel, personally, I will wait for the price react to the 0.9554 resistance level, we need a solid price rejection on the resistance level before placing any sell order. potential downside target at 0.9440 support level
**Disclaimer** the content on this analysis is subject to change at any time without notice, and is provided for the sole purpose of assisting traders to make independent investment decisions.
Traders!! if you like my ideas and do take the same trade as I do, please write it in a comment so we can manage the trade together.
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Thank you for your support ;)
GWBFX
AUDCAD / SHORTPrice has pulled back to the trendline / resistance level, now we are looking to short
