Audcadsignal
DeGRAM | AUDCAD target for longAUDCAD moved out of the descending channel .
The market formed a consolidation zone at the support level .
Price broke and closed above 0.87000.
We expect a retest of the resistance level .
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DeGRAM | AUDCAD target for shortAUDCAD moved out of the descending channel .
The market failed to make a higher high at the resistance level.
Price action is likely to test the major support level .
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AUDCAD ZONE TRADE SETUPIN AUDCAD price was its support and previous range resistance area on the monday open wait for the direction of market if price break its trendline and black level to the upside the good setup to trade for long and the targets are next level which is 0.8794 and thursday high/
2nd scanario/
if price break this level of support to the downside than we see on the left hand side clear rang consolidation range and expected to price move in this range and test its range low 0.86000 area.
DeGRAM | AUDCAD target for longAUDCAD moved out of the descending channel .
The market failed to make a lower low at the psychological level of 0.8600.
We can see a classic accumilation-expansion pattern.
Price action is likely to test the recent resistance level .
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DeGRAM | AUDCAD target for longAUDCAD moved out of the descending channel.
The market failed to make a lower low at the psychological level of 0.8600.
We can see a classic accumilation-expansion pattern.
Price action is likely to test the recent resistance level.
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AUDCAD top-down analysisHello traders, this is a complete multiple timeframe analysis of this pair. We see could find significant trading opportunities as per analysis upon price action confirmation we may take this trade. Smash the like button if you find value in this analysis and drop a comment if you have any questions or let me know which pair to cover in my next analysis.
DeGRAM | AUDCAD target for shortAUDCAD is trading in a descending channel.
Price action is likely to test the upper border of the descending channel.
We expect to move down from the resistance if price tests it.
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DeGRAM | AUDCAD target for shortAUDCAD is trading in a descending channel.
The market broke and closed below the support, which became resistance at 0.88500.
Price action is likely to test the support level.
We expect to test the lower border of the channel
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DeGRAM | AUDCAD target for shortAUDCAD is trading in an ascending channel.
The market broke and closed below the support, which became resistance.
Price action is likely to test the support level.
We expect to test bearish moves.
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⭕️SELL AUDCAD at the best place and time 😉 ❗️🔰You can see the analysis of the Australian dollar to the Canadian dollar in the 30-minute time frame (AUDCAD_ 30min)🔍💣
💥Taking into account the price drop from the SUPPLY zone, if the price returns to this zone (supply zone), we can expect the price drop to the upward trend line (black🖤 color)🔻If the black upward trend line🖤 is broken and then the price pullback❗ to it, we can expect another collapse of the price to the specified DEMAND zone🔻🔻🧐
Do you think this analysis can be profitable❓
I hope the analysis was useful for you🤍🌹
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DeGRAM | AUDCAD target for shortAUDCAD is retracing to the resistance zone after sell off.
Since the market is bearish , we look for selling opportunities.
We expect a bounce-off from the recent resistance level .
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DeGRAM | AUDCAD target for shortAUDCAD is currently moving in the descending channel.
Price action is retracing to the resistance zone after sell off.
Since the market is bearish, we look for selling opportunities.
We expect a bounce-off from the support level.
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