Audcadsignal
AUDCAD long trade ideaprice reacted to monthly support level and bounce up driven by RBA interest rate announcement today, if buyer manage to push price to breakout the resistance level we might have a chance to long on this pair,. good luck!
Plan : resistance level breakout --> wait for price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
**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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUDCAD bounced from support, potential for a further rise!
AUDCAD bounced off 0.87881 where it could potentially rise further to 0.88221.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD bounced from support, potential for a further rise!
AUDCAD bounced off 0.87682 where it could potentially rise further to 0.87845..
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD buy on H2Plan : resistance level breakout --> wait for price to bounce off from support level --> wait for the rejection candle pattern to form e.g. bullish engulfing, pinbar etc --> BUY
**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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUDCAD bounced from support, potential for a further rise!
AUDCAD bounced off 0.87723 where it could potentially rise further to 0.88421.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD (MEDIUM TERM) TIME TO BUY?The pair to me looks like its getting tightly squeezed into this type of falling wedge, can we see a correction to the medium top channel and maybe a break above towards the impulsive leg? The pair for me is still bearish and i will be watching it closely as their may be some kind of shift in momentum towards the upside and a continuation possibly for a little longer than short term. If you are going to trade this, i suggest you watch it as bulls have not been strong at all
2 short trades for #AUDCAD#AUDCAD touched an important resistance and the upper trendline of the bearish channel on Daily.
Maybe, it's not enough to enter for a short but we can start to build our "cage" with low size.
The strong bearish movement will probably begin from 0.9033 which is a previous high impulse (Jan 23rd).
So we can suppose for a double trade:
1.
Entry point: 0.9033
SL: 0.90513
TP1 0.9001 (for an Intraday Trade)
TP2 0.888
2.
Entry point: 0.8986
SL: 0.90513
TP1 0.888
TP2 0.882
AUD/CAD LONG SET UP ON 1HR TFBUY AUD/CAD
Market execution
Entry 1 0.88480
buy limit
Entry 2 0.88380
Sl 0.88237
Tp.1 .88680
Tp.2 0.88980
Tp.3 0.89280
AUDCAD SELL AUDCAD sell - looking for rejection around either the 61.8% or the 78.6% for it to roll over to the downside. Watch the region of the two purple boxes for a doji or spinning top formation on the 4hr time frame to take a short position.
Take partial profits at the 0% -20% and finally the -61.8%.
180 PIP gain 5.5/1 RR
AUDCAD trade idea update on H3Plan : wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUDCAD trade idea on H2Plan : wait for prices to bounce off horizontal support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUDCAD Scalp Trading Plan >M30AUDCAD
Trading CFDs on margin carries high risk.
Please ensure you fully understand the risks.
AUDCAD buy on H1Plan : trendline breakout --> wait for prices to bounce off horizontal / trendline support --> wait for the rejection candle pattern to form e.g. bullish engulfing , pinbar etc --> BUY
**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 like i do, please write it in comment so we can manage the trade together.
_____________________________________________________________________________________________________________________
Thank you for your support ;)
GWBFX
AUDCAD (Potential 40 pips - 70 pips)AUDCAD
-----
BLUE LINE = BEST ENTRY
RED LINE = STOP LOSS
GREEN LINE = TAKE PROFIT
.
WIN or LOSS is your responsibility. I,am just sharing my trade idea. Thanks
AUDCAD bounced from support, potential for a further rise!
AUDCAD bounced off 0.69972 where it could potentially rise further to 0.70822.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD approaching support, potential for a bounce!
AUDCAD is expected to drop to 1st support at 0.89912 where it could potentially react off and up to 1st resistance at 0.90100.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUDCAD reversed from resistance, potential drop!
AUDCAD reversed off its resistance at 0.90435 where it could potentially drop further to 0.90118.
Trading CFDs on margin carries high risk.
Losses can exceed the initial investment so please ensure you fully
understand the risks.
AUD/CAD price expected to grow!!if traded cautiously can get at least 60 pips profit !! with the upward movement
