Sell AUDCAD Bearish FlagSell AUDCAD Bearish Flag
Sell Aud/Cad @ 0.8693
Tp - 0.8614
Sl - 0.8725
Its Good chance to sell today.
Thank you
Audcadshort
AUDCAD SHORT - DAILY SWING LOWS SOON!Waiting for a retest of 0.87453 to short AUDCAD back to Daily swing lows at 0.85996
If you agree drop a like and if you have any questions leave a comment :)
AUDCAD: How low can you go? Australian dollar against Canadian dollar is a fascinating pair.
And from historical chart patterns, we can conclude that AUDCAD is in a descending channel.
Our bias will be to follow the trend down and exit early.
Forex Trade Analysis - AUD/CAD (1-Hour Chart)📉 **Forex Trade Analysis - AUD/CAD (1-Hour Chart)** 📉
#AUDCAD #ForexTrading #TechnicalAnalysis #BearishTrend #ContinuationPattern
Hey traders! 👋 Here's an insightful analysis of the AUD/CAD forex pair on the 1-hour chart that presents a potential trading opportunity. Let's dive in!
**📈 Trend Analysis:**
The AUD/CAD pair is currently exhibiting a bearish trend on the 1-hour chart. The price has been consistently moving lower, indicating a downward bias in the short term.
**📊 Technical Indicators:**
The Relative Strength Index (RSI) doesn't show any significant divergence at the recent lower lows (LLs). This suggests that the current downtrend might not be losing steam yet.
**📐 Chart Pattern:**
A bearish flag continuation pattern has emerged, reinforcing the downward momentum. This pattern is a sign of the market taking a breather before potentially resuming the ongoing downtrend.
**📉 Trade Plan:**
- **Sell Stop:** 0.87179 (0.51 Lots)
- **Stop Loss:** 0.87376
- **Take Profit 1:** 0.86971
- **Take Profit 2:** 0.86762
**💡Trade Rationale:**
Given the bearish trend, lack of divergence in RSI, and the presence of a bearish flag pattern, a short position is taken. The sell stop is placed at 0.87179 to catch a potential breakdown.
**🛡️ Risk Management:**
The stop loss is set at 0.87376, providing a 1:1 risk-reward ratio. This ensures that potential losses are controlled if the trade goes against the analysis.
**🎯 Profit Targets:**
The take profit levels are set at 0.86971 and 0.86762. These levels align with the anticipated continuation of the downtrend.
**⚠️ Disclaimer:**
This analysis is for educational purposes only and should not be considered as financial advice. Trading in the forex market involves risks, and past performance is not indicative of future results. Always do your research and consider seeking professional guidance before making investment decisions.
Remember to stay updated with market movements and adapt your strategy as needed. Happy trading! 📊📈
#InvestWisely #TradeSmart #ForexMarketInsights #LearnAndEarn
AUDCAD Analysis H1Here is my analysis for AUDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDCAD Short idea I like the bearish momentum we have seen leaving 0.8850 from midnight NY time. We had a pause and consolidation around 0.8820 right before another drop. I would like to see the price gravitate under 0.8780 and under Friday's low for Sell Stops for liquidity and if it is moving fast I would like 0.8750 as well.
AUD CAD sell ideafull analysis for AUDCAD this week will be waiting for retracemnt to then take sells and continue trend
AUDCAD - Potential SellAUDCAD is bearish long-term so we are looking for trades in favour of the bearish trend.
AUDCAD - Short active ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here I expect bearish price action as we can see that price filled the imbalance and rejected from 1H bearish order block + institutional mid figure 0.89500.
Fundamental analysis: This week on Friday will be released monthly GDP on CAD, that was forecasted to increase, this means strength in currency, which can support our analysis.
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AUDCAD Analysis H1Here is my analysis for AUDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDCAD Will Fall From Falling Resistance!AUD-CAD was going up
After the pair made a rebound
From the local bottom but
The pair is still in the downtrend
And is trading in a below
The falling resistance
So after the retest I think
That a move down is
Very likely !
AUDCAD Possible Sell Opportunity If The Setup Presents ItselfIn this video we take a look at the AUDCAD. We can see this is under pressure trending down at the moment. In the video we look at the trend, price action and market structure. As always everything is explained clearly in the video and this is not to be construed as financial advice.
AUDCAD Short Bearish gets strongerAustralia's ties to China and the 'hard' commodities it produces have fostered a historical relationship between the local currency and precious metals. The value of the Canadian Dollar is strongly correlated with the price of crude oil as the country remains a dominant exporter of the commodity. Both currencies are therefore sensitive to broader commodity price trends.
AUD has been hurt by a mix of factors recently: a setback in risk sentiment amid the lack of meaningful progress in Washington over raising the debt limit, a trimming back of rate cut expectations after hawkish speak from US Federal Reserve officials, and underwhelming Australia data (jobs data being the most recent).
This puts increased focus on Australia retail sales data for April due Friday – forecast to have slowed to 0.1% on-month from 0.4% previously.A below-expected print could precipitate a decline in AUD. Also, a higher-than-expected US core PCE price index print (expected to remain flat at 4.6% on-year) could boost USD.
AUD/CAD’s fall below a horizontal trendline from April at about 0.8950 has triggered a minor double top (the April and the May highs), potentially exposing downside risks toward 0.8800. The bearish development follows a failure to cross above stiff resistance on the 89-day moving average (see the daily chart).
✊ AUDCAD | Fibo/Resistance SHORT ✊I expect a rejection of the resistance and fibo 618 which is right on it next.
🚀 If you want to help me here, please follow me 🚀
sell setup for audcad the price now is trading out the up-channel
and also below the support level now turned into resistance
so we expect more continuation to the downside
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don't forget your risk management
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AUDCAD Idea H1Here is my analysis for AUDCAD on H1 using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDCAD Long Term Trading IdeaHello Traders
In This Chart AUDCAD HOURLY 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.
AUD/CAD - Short; Decisive break, SELL this this for good.Lock and load (Short) and forget it. The Chinese collapse will take down the Aussies, right along with them. 'nough said.
(Might wanna amuse yourself with the Aussie real estate bubble! They have built enough - empty, ridiculously overpriced - stuff to house half of China. - Perhaps the half that is about to lay down and die, due to old age?! ...) Pahleeeease ...
AUDCAD Analysis H1Here is my analysis for AUDCAD on H1 by using Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDCAD Looking to go shortThis pair broke below the significant s/r zone around 0.9000 and is now pulling back towards it.
I am looking for signs of a bearish continuation in that area.
Nothing is 100% in trading, so as always, use sound money and risk management and stay patient in all your trades. If you like my analysis, please give it a “thumbs up” and follow me to get even more awesome content.
What do you think about this trade idea? Please comment and share your thoughts!!
AUDCAD Analysis H1Here is my analysis for AUDCAD on H1 with Order Block. The price could go bearish, you can put a pending order on the Order block or find an entry on LTF within OB Zone. Trade Safe!
AUDCAD Long Term Trading IdeaHello Traders
In This Chart AUDCAD HOURLY 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 Video 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 - Sell#AUDCAD in This Setup AUDCAD is Going to touch the Support area of this Channel
AUDCAD is Clearly sell , After Market Opening we Enter for Sell In this Pair
