DeGRAM | AUDCAD testing psychological levelAUDCAD is creating the AB=CD pattern.
The market created a confluence zone to go long at the psychological level of 0.90000.
If price action breaks and closes above the level, it is going to be confirmation.
We anticipate the completion of the AB=CD pattern because the market is in a bullish trend.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
Audcadsignal
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 is approaching midpoint bullish run expectedAUDCAD is falling towards midlevel 50% Fibonacci level, AUD weakness after the RBA interest rate hike with dovish statement which led to the downfall in AUDCAD and yesterday USD strength is also a another factor for the downward correction in AUDCAD. If risk trades getting traction this pair will bounce from .87450 level the possible upper side target will be .89000. Stop lose may set below the .87000 level will give us 3.88 Risk reward ratio. Happy trading
AUDCAD Technical Analysis And Trade Idea Asian OpenIn this video, we embark on an in-depth analysis of the AUDCAD currency pair, with a primary focus on the existing bullish price momentum witnessed in both the 1-day (1D) timeframe. It is worth noting that the currency pair is approaching a critical support level, hinting at the potential for a forthcoming upswing. Throughout our discussion, we will delve deeply into the intricate aspects of technical analysis, encompassing the current market trend, price dynamics, market structure, and other essential components of technical analysis. As we progress through this video, we will explore a potential trading opportunity.
It is crucial to emphasize that the information presented in this video is intended solely for educational purposes and should not be considered as financial advice. It is essential to understand that participation in the foreign exchange market involves a significant level of risk. Consequently, it is imperative to prudently incorporate robust risk management strategies into your trading plan.
DeGRAM | AUDCAD kill zone for shortAUDCAD created the kill zone, resistance, and fibo 61.8% level.
The market has reacted multiple times to this level before. Price action is making lower lows and lower closes, indicating the bearish trend.
We expect a bearish move since the major trend is bearish.
-------------------
Share your opinion in the comments and support the idea with a like. Thanks for your support!
DeGRAM | AUDCAD trend continuation oppportunityAUDCAD is pulling back to the confluence level: the fibo 61.8% golden zone and resistance level.
The market is making low lows and higher low, indicating a sideways move on the 4-hourly chart, but on the D chart, the trend is bearish.
Price action is likely to move down from the kill zone since we have a bearish market.
We expect a trend continuation trade.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDCAD-WEEKLY ANALYSIS-24/09/2023Traders, this week, we're focusing on the Australian Dollar/Canadian Dollar (AUD/CAD) pair, but be prepared for potential volatility as it can exhibit mixed movements. However, considering the market structure, we anticipate a significant upward movement to facilitate this, keep an eye on the 4-hour timeframe for favorable entry points.
After this upward move, it's possible that the pair will experience a subsequent drop. Be attentive to price action and market indicators to gauge when this shift might occur.
Stay vigilant, remain focused, and adapt your trading strategy accordingly. Ensure you stay updated with economic news and indicators that could impact the AUD/CAD pair. Always remember the importance of risk management and having a well-defined trading plan.
DeGRAM | AUDCAD at the structure support levelAUDCAD rejected the support level of 0.86300 and the fibo extension level.
The market created a pinbar as a buy signal and a double bottom for extra confirmations.
Price bounced off the major daily support level following thethe AB=CD pattern.
We expect bullish move and retest of the resistance.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
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
DeGRAM | AUDCAD confluence level and fibo clusterAUDCAD created confluence zone and fibo cluster level.
The market has reacted multiple times to this level before. Price action is making lower lows and lower closes.
It broke and closed below 0.87000, which perfectly lines up with the 50% fibo retracement level.
We expect a bearish move since the major trend is bearish.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!
AUDCAD Technical Analysis and Trade IdeaAnalyzing the AUDCAD currency pair, we observe a bearish shift in market structure evident on both the 4-hour (4H) and daily (1D) charts, characterized by a substantial downward movement. My focus lies on identifying a potential trade opportunity during the retracement phase, capitalising on the imbalances evident within the chart. I encourage you to watch the video for a detailed explanation, but please be mindful that the information provided is for educational purposes and should not be construed as financial advice or recommendations for trading decisions.
AUDCAD 11/09 MovePair : AUDCAD ( Australian Dollar / Canadian Dollar )
Description :
Completed Its Impulse and Correction and It can again make Impulsive move if Reject the Upper Trendline. Completed " 12345 " and " AB " Corrective Waves , Rejecting the Lower Lows / Lower Highs Trend with Strong Bullish Price Action
Daily Wave Rider - SELL AUDCADChannel: RED
WK Pivot: RED
AOB: EMA10
CON: SBB
SELL Stop: 0.8688
Stop Loss: 0.8760
TP01: 0.8616
TP02: 0.8588
DWR present as a sell setup on 11SEP, with Channel and Pivot are red bouncing off EMA10.
However, trade is not taken/considered as it differs from our Market Analysis Bias.
SPX500: Up
DXY: Down
OIL: Up
GOLD: Up
Reference to our WK37 analysis, we are anticipating a "Risk-On" sentiments thus will BUY AUD/NZD.
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
DeGRAM | AUDCAD bearish trendAUDCAD broke and closed below the consolidation zone.
The market is making low lows and lower closes in the descending channel.
We expect a trend continuation trade since the trend is bearish, completing the AB=CD pattern.
-------------------
Share your opinion in the comments and support the idea with like. Thanks for your support!