AUDCADAUDCAD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 0.87400 followed by 0.8700 region.
What you guys think of this idea?
Audcadshort
AUDCAD Long Term BUYING Trading IdeaHello Traders
In This Chart AUDCAD DAILY Forex Forecast By FOREX PLANET
today AUDCAD analysis 👆
🟢This Chart includes_ (AUDCAD market update)
🟢What is The Next Opportunity on AUDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUDCAD - Look for a long ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective with clear higher highs and higher lows. I want price to go a little bit lower and then to reject from bullish order block + institutional big figure 0.88000.
Like, comment and subscribe to be in touch with my content
AUDCAD - Potential long ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: As we can see here price changed the character and started to make higher highs and higher lows, so I am looking for long position. I want price to continue the retracement to fill that little imbalance lower and then price to reject from bullish order block + institutional big figure 0.87000.
Fundamental news: On Friday will be released Unemployment Rate in Canada, so pay attention to the result in order to validate the analysis.
Like, comment and subscribe to be in touch with my content!
AUDCAD Long Term Selling Trading IdeaHello Traders
In This Chart AUDCAD DAILY Forex Forecast By FOREX PLANET
today AUDCAD analysis 👆
🟢This Chart includes_ (AUDCAD market update)
🟢What is The Next Opportunity on AUDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUDCAD Technical Analysis and Trade IdeaIn this video, we analyze the AUDCAD currency pair, noting its bearish trend on the higher timeframe. Within the video, we delve into crucial elements of technical analysis, such as the trend, price action, and market structure. Furthermore, we explore a potential trade setup. Please remember that all information is thoroughly explained in the video, and this content should not be considered as financial advice.
AUD/CAD Swing Idea on the 4HR TimeframeOn the 4HR Timeframe, price has seen a lot of volume as it energetically moved to the downside. In doing so price has left behind an imbalance and order block in the demand zone.
We can see TLL being stacked up as price has been returning to the AOI. Using Fibonacci i have drawn out the premium area of demand where i will be entering the position.
I caught this trade but unfortunately forgot to post it before being tagged in. None the less i hope this is of value.
Daily Wave Rider - AUDCAD - SELLAUDCAD
Channel: RED
WK Pivot: RED
AOB: WS1
CON: SBB
SELL Stop: 0.85838
Stop Loss: 0.86677
TP01: 0.84999
TP02: 0.83321
DWR present as a sell setup on 16 OCT, with Channel and Pivot are red bouncing off weekly support line
However, trade is not taken/considered as it is Monday which is normally correction day and market is unpredictable
SPX500: SELL
DXY: SELL
OIL: SELL
GOLD: BUY
AUDCHFAUDCHF is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 0.38% Fib retracement level.
If the sell momentum continues the next target could be 0.5770 followed by 0.5740 region.
What you guys think of this idea
AUDCAD is going to bearish trendIn the 1-hour time frame, we've observed a significant bearish divergence, which is a clear indication of potential downside pressure. This divergence, combined with the double top formation, suggests that bearish sentiment currently outweighs bullish sentiment.
Bearish Divergence: The bearish divergence occurs when the price makes higher highs while the relevant technical indicator, such as the Relative Strength Index (RSI), makes lower highs. This divergence often signals a weakening bullish trend and potential reversal.
While these indicators point towards a potential bearish outlook, it's crucial to keep in mind that market dynamics can change quickly. Traders and investors should exercise caution and consider various factors before making any trading decisions.
Please stay tuned and follow for more intriguing market insights and trade ideas.
Daily Wave Rider - AUDUSD - SELLAUDUSD
Channel: RED
WK Pivot: RED
AOB: EMA10
CON: SBB
SELL Stop: 0.63155
Stop Loss: 0.63778
TP01: 0.62532
TP02: 0.61286
DWR present as a sell setup on 6 OCT, with Channel and Pivot are red bouncing off EMA10
However, trade is not taken/considered
SPX500: BUY
DXY: SELL
OIL: SELL
GOLD: SELL