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CADAUD

CADAUD BUY | Day Trading Analysis With Volume ProfileHello Traders, here is the full analysis. Watch strong action at the current levels for BUY. GOOD LUCK! Great BUY opportunity CADAUD 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💰
Long
by TheGrove
8
CADAUD, Head And Shoulder Confirmed, Continuation Ahead!Hello Traders Investors And Community, Welcome to this analysis where we are looking at CADAUD which is sending some quite interesting signals at the moment with a potential continuation ahead and a clear formation which developed we can expect some significant price-actions further developing. Looking at my chart you can watch there that CADAUD just confirmed outside its strong inverted head-and-shoulder-formation where it moved above the neckline with a decisive volatile move, this formation is normally considered a bottom formation and can provide further up moves when there do not enter any price-actions invalidating the formation. Currently, the pair is approaching resistance which can indicate a pull-back developing next times that can confirm the neckline a second time properly which will happen with a bounce from it, what is supporting this scenario is the 100-EMA marked in orange together with the neckline building a coherent support cluster where a bounce is likely, when this happens it will activate the overall targets at 1.066 marked with the black level in my chart, there is also a 400-EMA marked in blue in which the pair has resistance, therefore it needs to be elevated how the pair is reacting in this range, it is within the possible spectrum that it shows bearish action there as traders taking profit and the resistance validates. In this manner, thank you for watching the analysis, support for more market insight and all the best my friends. "Trading is about accessing possibilities, not certainties." Information provided is only educational and should not be used to take action in the market.
by VincePrince
1
CADAUD Falling Wedge PatternCADAUD, the Canadian Dollar against the Australian Dollar, is showing signs of a potential reversal as it reaches the end of a falling wedge pattern at a key support level. This pattern typically indicates a potential trend reversal from a downtrend to an uptrend. Traders considering this potential reversal may set a take profit level at 1.1148, aiming for an upward price movement towards this target. To manage risk, it is recommended to place a stop loss at 1.0960, serving as a safeguard in case the reversal does not materialize as anticipated. While the falling wedge pattern and support level provide encouraging signals, it's crucial to consider other factors such as market conditions, fundamental analysis, and overall market sentiment. Technical patterns alone do not guarantee successful trades, and it's essential to closely monitor the market for any potential changes. Looking forward to read your opinion about it.
Long
by TopgOptions
AUDCAD is growing again with the Double Bottom Pattern🚀By forming the Double Bottom pattern , we can confirm the end of wave C. I expect AUDCAD to grow to at least the resistance line after breaking the neckline of the Double Bottom pattern. (I have specified AUDCAD growth 🎯 targets 🎯 in the chart for you). 💡Also, I shared with you the position with RR= 2.68 , but be sure to follow your strategy and not forget capital management.💡 🔅Australian Dollar/Canadian Dollar Analyze ( AUDCAD ), Daily time frame ⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will gladly see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
14
💵Australian Dollar/Canadian Dollar 💵 Analyze (12/21/2022)!!! The Australian Dollar/Canadian Dollar is running near the support zone, and also we can see the Regular Divergence (RD+) between the Price and RSI indicator. I expect the Australian Dollar/Canadian Dollar to go up to the resistance zone. 🔅Australian Dollar/ Canadian Dollar ( AUDCAD ) Timeframe 1H⏰. Do not forget to put Stop loss for your positions (For every position you want to open). Please follow your strategy, this is just my idea, and I will be glad to see your ideas in this post. Please do not forget the ✅' like '✅ button 🙏😊 & Share it with your friends; thanks, and Trade safe.
Long
by pejman_zwin
AUDCAD in resistance zone, failed break out? Part 2So the daily candle didn't really play out as i hoped it would, was unfortunately not able to create a red body, because that green support held. It broke the red zone, but think it still has potential because it didn't really break up either. Think for now the green zone around 0.890 might be the key level short term, that level might decide whether i am right about the potential bull trap or not. So giving it a little bit more room to play out, think today's high as a max. If it breaks, i will get out and then wait for things to become clear. Also going to wait with with increasing, things are not running in my favor yet. Previous analysis:
by botje11
1
AUDCAD in resistance zone, failed break out?On the right we can see what looks like a failed breakout, that triangle where it broke up from, retested, made a new high but got rejected again. So good chance it was a small bull trap move. On the left we can also see that the daily candle is starting to become a sell signal. If it would drop some more today, and make a red body, it would be a nice sell signal. If it would close below/in the green on the left, that it would be a big sell sign. So at the moment, it could still move up a bit, but it gives great potential at the moment. So i am starting with a small size now and when i see the daily candle get more bearish, i might increase. But, weekend is coming, so it's risky to go overnight with everything that is going on the world. Don't forget to like if you appreciate this :) Previous analysis:
Short
by botje11
2
CAD/AUD Short - oversold and looking for reversalAUD is at a 10 year low and being reported on in the mainstream media. This setup is looking for a reversal with a favorably skewed price target / stop loss. Charts below include; Monthly Top of the Bollinger Band RSI peak Regression trend Weekly Balance of Power divergence Balance of Power downtrend Daily Top of regression channel Daily Oscilator price targets ------------------------------------------------------------------------------ DISCLAIMER: this is not financial advice, trade at your own risk. ------------------------------------------------------------------------------
Short
by Jicka