AUDCAD Trade IdeaIn this video, we delve into a comprehensive technical analysis and trading concept for AUDCAD. Our assessment reveals a potential trade opportunity. We meticulously analyze the current price action, closely scrutinize market structure, and incorporate market dynamics. Based on favorable conditions, we identify a potential entry point. However, it is crucial to underscore the significance of implementing robust risk management strategies. Please note that this video is purely educational and should not be construed as financial advice.
Audcadsignal
AUDCAD : Short Trade , 4hHello traders, we want to check the AUDCAD chart. The price is moving in an ascending channel and we expect the identified resistance level, which the price has reacted to several times in the past, to stop the upward trend and the price to fall to around 0.89000. Good luck.
AUDCAD I Potential intraday long Welcome back! Let me know your thoughts in the comments!
** AUDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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AUD/CAD - Short Opportunity Near Key ResistanceOverview:
AUD/CAD is nearing a critical resistance at 0.88450, suggesting a potential downward move.
Key Levels:
- Resistance: 0.88450
- Stop Loss: 0.88850
- Take Profit Targets:
- TP-1: 0.88050
- TP-2: 0.87700
Analysis:
- Bearish Bias: The probability of downward movement is high.
- Entry: Consider short positions on a re-test of 0.88450.
- Stop-Loss: Place at 0.88850 to manage risk.
- Take Profit: TP-1 at 0.88050, TP-2 at 0.87700.
Conclusion:
AUD/CAD shows potential for a bearish trend. Short positions can be taken near 0.88450 with a stop loss at 0.88850 and profit targets at 0.88050 and 0.87700. Trading carries risks; conduct a thorough analysis and employ proper risk management.
DeGRAM | AUDCAD trend-continuation tradeAUDCAD made a sharp, bearish move and pulled back. It couldn't reach the highs.
The market is making low lows and lower closes in the descending channel.
Price action is likely to move down from the kill zone and complete the AB=CD pattern.
We expect a trend-continuation trade since we have a bearish trend in the descending channel.
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AUDCAD→ Day Analysis | BUY SetupHello Traders, here is the full analysis.
Price reversal going up, levels for BUY . AUDCAD long
! Great BUY opportunity AUDCAD
I still did my best and this is the most likely count for me at the moment.
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Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
DeGRAM | AUDCAD breaking the ascending channelAUDCAD is currently pulling back to the broken ascending channel's border.
The market is creating a potential H&S pattern following a breakout.
Price action is likely to move down from the kill zone zone.
We expect a sharp move from the resistance level at 0.88500.
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AUDCAD: Big Buying Opportunity, Do not miss out! AUDCAD has shown extreme bullish price action, currently we are seeing some correction and price is likely to drop to our region and bounce straight up from that area of entry. Possible helping us gain 300-500 pips from the move. Use accurate stop loss and take profit.
AUDCAD I Detailed trading plan for long opportunity Welcome back! Let me know your thoughts in the comments!
** AUDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
DeGRAM | AUDCAD in consolidationAUDCAD rebounded multiple times from the psychological level of 0.89000. Price is trading above it.
The market created a bullish flag pattern on the 4-hourly chart.
It is consolidating, meaning the price is coiling up before extension.
We anticipate the continuation of the current trend.
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DeGRAM | AUDCAD created AB=CD moveAUDCAD rebounded from the resistance and 127.2% fibo extension levels.
Price created an equal measured move, or AB=CD pattern.
On the D chart, the market pulled back from the 61.8% fibo golden zone and 0.89500 resistance.
We expect the price to retest at least 32.8% of the fibo retracement level.
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AUDCAD→ Day Analysis | BUY SetupFeb 26
Hello Traders, here is the full analysis.
Price reversal going up, levels for BUY . AUDCAD long
! Great BUY opportunity AUDCAD
I still did my best and this is the most likely count for me at the moment.
Support the idea with like and follow my profile TO SEE MORE.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 🤝
Patience is the If You Have Any Question, Feel Free To Ask 🤗
Just follow chart with idea and analysis and when you are ready come in THE GROVE | VIP GROUP, earn more and safe, wait for the signal at the right moment and make money with us💰
DeGRAM | AUDCAD fibo golden zoneAUDCAD created the selling opportunity at resistance at the 61.8% fibo level.
Price action is making lower lows and lower closes, indicating bear dominance.
The market is printing the bearish, engulfing candle, absorbing previous candles.
We expect a continuation of trade and a test of the support level.
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AUDCAD I Potential intraday short from top of the channel Welcome back! Let me know your thoughts in the comments!
** AUDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support!
DeGRAM | AUDCAD target for short from confluenceAUDCAD moved out in the ascending channel. The market is consolidating on the 4-hourly chart.
Price is likely to move down from the confluence zone: the resistance + 127.2% fibo extension level and bearish harmonic pattern.
We expect a pullback from the resistance level and the continuation of the consolidation.
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AUDCAD - SHORT & LONG ENTRY - 1H - Application of DOW TheoryAUDCAD Charts shows a Complex pattern in which it frequently changing trends after a small time interval. So it will be suggest to take two positions a small SHORT entry which will be hit in few hours or take LONG entry which will take more than 20 hours.
Hope this helps you.
Happy Trading
DeGRAM | AUDCAD oppportunity to short the marketAUDCAD broke and closed below the psychological level at 0.8800 which became resistance.
The market is making low lows and lower closes in the descending channel, an indication of bear dominance.
Price action is likely to move down from the fibo cluster.
We expect a trend-continuation trade since we have a bearish trend and divergence at the border of the descending channel.
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AUDCAD Short IdeaHey guys! Its your girl Forex Potatoes. We have a signal for AUDCAD, currently we can see that audcad has been in a consistent downtrend for a long time and we can see a third touch and divergence on 30 mins time frame.
Confluences:
Downtrend on 4H downtrend,1H downtrend and 30mins Downtrend
RSI: Currently overbought
4H Bearish engulfing candlestick, 30 Mins and 1HR candlestick
Price below 50EMA
DeGRAM | AUDCAD trend continuation oppportunityAUDCAD is retracing back from the support level.
The market created the selling opportunity at resistance and a 50% fibo level.
Price action is making lower lows and lower closes on the 4-hourly chart.
We expect a breakout pullback and continuation trade.
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AUDCAD,🟢Bullish scenarios🟢 (Read the caption)
Well, the price reached the extreme demand zone in the daily chart.
As you can see the price created the liquidity pool above the demand zone and had a bullish reaction after sweeping the liquidity and hitting the demand zone.
Now, we can expect two different scenarios for uptrend.
1. The price can start rising from here because it hit an important level and had a bullish reaction.
2. The price can re-test the lower demand zone that is clear and untouched.
In both scenarios, we can define the previous high as a first target and the liquidity above equal highs as a final target.
💡Wait for the update!
🗓️31/01/2024
🔎 DYOR
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DeGRAM | AUDCAD target for short from psychological levelAUDCAD is testing the psychological level at 0.89000 in the ascending channel.
The market is consolidating on the 4-hourly chart, following the bearish move.
Price is likely to move down from the kill zone since the market is consolidating.
We expect a pullback from the resistance level and the continuation of the consolidation.
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Share your opinion in the comments and support the idea with like. Thanks for your support!