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AUDCAD trade ideas

Lingrid | AUDCAD trend CONTINUATION OpportunityThe price perfectly fulfilled my last idea. It hit the target level. FX:AUDCAD took liquidity below the strong support level at 0.9200 and subsequently bounced back, closing above this level. This price action indicates that buyers stepped in to defend the support, and overall, the market trend remains bullish. On the daily timeframe, the formation of a long-tailed bar suggests a rejection of lower prices, further reinforcing the bullish sentiment. Similarly, on the weekly timeframe, the price took liquidity below the lows of the past two weeks. Therefore, I expect the bullish trend to continue, with a target set at the resistance zone around 0.92960. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Long
by Lingrid
3
AUDCAD Long Term Selling Trading IdeaHello Traders In This Chart AUDCAD HOURLY Forex Forecast By FOREX PLANET today AUDCAD analysis 👆 🟢This Chart includes_ (AUDCAD market update) 🟢What is The Next Opportunity onAUDCAD 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
Long
by ForexMasters2000
1
AUDCAD - Sell StopAUDCAD has strong domination of the selling side as shown in the chart. Few of the points that show the price should go down is that the price has already touched 78% Fib retracement and the divergence on the 4h chart shows the momentum of the buyers has decreased. We'll sell when the price breaks the previous low and should continue to go down. The price will then also break the trendline. The strategy to win more and loss less is to have two trades with one as TP1 and the other as TP2, then TP1 hit then change the stoploss of other trade to breakeven making it risk-free trade. The risk-reward by this will be 1:1.5.
Short
by Alee_Kolachi
1
AudCad Trade UpdateI posted a short set up on AC on Saturday stating shorts to a daily HL were possible. The set up ended up playing out to the T once lower time frames shifted to the short side. I'll be letting price ride down to my target. Once price reaches the daily HL we can either expect price to continue bearish or flow with the overall bullish trend. Lower time frames would need to flip back bullish to be in sync with the higher time frame. We'll see what happens.
Short
by OfficialJ23
AUDCAD Massive Long! BUY! My dear followers, I analysed this chart on AUDCAD and concluded the following: The market is trading on 0.9203 pivot level. Bias - Bullish Technical Indicators: Both Super Trend & Pivot HL indicate a highly probable Bullish continuation. Target - 0.9280 Safe Stop Loss - 0.9160 About Used Indicators: A super-trend indicator is plotted on either above or below the closing price to signal a buy or sell. The indicator changes color, based on whether or not you should be buying. If the super-trend indicator moves below the closing price, the indicator turns green, and it signals an entry point or points to buy. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
AUDCAD - 4hrs ( Sell Trade Target Range 150 PIP ) 🟢 Pair Name : AUD/CAD Time Frame : 4hrs Chart / Close Scale Type : Large Scale ------ spreading knowledge among us and to clarify the most importan+t points of entry, exit and entry with more than 5 reasons We seek to spread understanding rather than make money 🟢 Key Technical / Direction ( Short ) Type : Mid Term Swing ——————————— Bearish Break 0.92100 Area Reasons - Major Turn level / W - Visible Range Lvn - Channel Break - Fixed Hvn - P / Month High Bullish Reversal 0.90500 Area Reasons - Major Turn level - Visible Range Hvn / Poc - Week low Area / P - Pattern Target - Fibo Golden
Short
by GoldenEngine
1
SHORT AUDCADDISCLAIMER The info below is just my view, trade at your risk My bias on the daily is bearish the AUDCAD, the CAD performance this month has been quite impressive, Last week we were quite bearish hence i would like to trade on the direction of the current trend, i will wait for a pullback into the range and probably we may mark the weeks high tomorrow as the NZD rate cut may also propel the AUD, i have my shorts at the equilibrium of the current range, the reason am not currently shorting is because we are at current discount area
Short
by Kush0