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Audcadshort

AUDCAD - SWING - 11. AUGU. 2020Welcome to our weekly trade setup ( AUDCAD )! - 1 HOUR Bearish market open and pressure below main sr level. 4 HOUR Prices broke back into our trend following midterm. DAILY Overall bullish market at its lows, good long entries! - FOREX SWING BUY AUDCAD ENTRY LEVEL @ 0.95570 SL @ 0.95130 TP @ 0.96240 Max Risk. 0.5% - 1%! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
22
Possible Head & Shoulder Pattern For AUDCAD!! BEARISH outlook...We can currently see a nice possible head and shoulder pattern forming in this daily time chart. I will be looking out for a nice rejection off resistance level @0.9615 (forming the right shoulder) before we see a bearish movement starting to form. We should be looking out for a nice rejection at that level. Price could potentially move to 23.6 fib level where it will meet the broken trend resistance which will be an area of support for us to look out for. Kindly hit the LIKE Button if you agree with my analysis and feel free to COMMENT your idea below. As for those who are keen to get daily updates and analysis from me feel free to FOLLOW me. Cheers and Happy Trading!!!
Short
by YGForex
AUDCAD ROADMAP currently, price playing inside a trendline channel and potentially forming top formation (H&S pattern), bearish divergence on MACD indicates as the first sign of reversal might occur if the buyer failed to break out the 0.9690 resistance 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. _____________________________________________________________________________________________________________________ Thank you for your support ;) GWBFX
Short
by GWBFX
10