AUDCAD Short, Not Really Bullish on CAD ThoughTechnicals are sort of pointing towards a short, but Daily & 4H trend may be going againstShortby the9to5trader113
Picture perfect setup on AudCadfirstly we had an fvg from monthly chart where jul month candle has retested it on the following lower time frames we can se price first trapped the early long players and came upto the mid line of fvg the three candle as red impulse to down side then a doji followed by green big bar is sight indication of long build up if so, the current running candle can retest the doji candle high where we can put the buy order and recent low as our stop loss strictly 0.9800 >> 0.9115 >> 0.953 could be the potential target Longby Jimmy_RebelloUpdated 2
SHORT on AUDCADHello Fellow Traders, I'd like to share a short trade idea on AUDCAD following the recent Australian minutes. This is a risk entry, so I'd love to hear your thoughts on this setup. What do you think about this trade?Shortby khongorzul03171
6. AUDCAD - Sell StopA strong 30-mins and 15-mins bearish divergence suggests the price will go down, since it has broken the previous higher low, I'm going short after the break of now previous "lower high" with risk reward 1:1Shortby Alee_Kolachi3
Could price reverse from here?AUD/CAD is reacting on the pivot which acts as a pullback resistance and could drop to the 1st support which has been identified as a pullback support. Pivot: 0.91810 1st Support: 0.91075 1st Resistance: 0.92467 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets1117
IDEA AUDCAD LONG POSITIONPair : AUDCAD Position : LONG ( BUY ) Entry Price : 0.91550 STOP LOSS @ 0.91350 TP1 : 0.91780 TP2 : 0.91980 TP3 : 0.92580 ( Trailing SL )Longby hamidTrader211
$AUDCAD | Sell Trade | Market Exec | Technical Confluences: - Price actions are now at Stochastic Overbought conditions in Daily, H4 and H1 - Price action is at the 78% Fibo retracement levels which also coincides with a Interest Zone Fundamental Confluences: - Both currencies are considered as commodity currencies and both currencies require strong commodity prices to prosper and it all comes down to growth - Australia's growth is more concentrated on China's outlook and Canada's very US-centric still. - We are still not seeing much growth momentum in the China space and with US-side having a soft landing possibility, Canada's prospects should be better at the moment ----- Will be taking a position into a sell OANDA:AUDCAD position. Targeting to TP approximately half the position at the 50% Fibo Extension levels (in blue) and move my SL levels to B/E. It will depend on how the price action is at the 50% Fibo's Interest Zone. This trade will be the battle of the Interest Zones. Full TP are the 61%/78% Fibo Extension levels. Remember, DYOR.Shortby weekendanalyst7
Bearish reversal?AUD/CAD is rising towards the resistance level which is a pullback resistance that aligns with the 78.6% Fibonacci retracement and the 161.8% Fibonacci extension and could reverse from this level to our take profit. Entry: 0.91697 Why we like it: There is a pullback resistance level which aligns with the 78.6% Fibonacci retracement and the 161.8% Fibonacci extension. Stop loss: 0.92564 Why we like it: There is a pullback resistance level. Take profit: 0.91024 Why we like it: There is a pullback support level. Please be advised that the information presented on TradingView is provided to Vantage (‘Vantage Global Limited’, ‘we’) by a third-party provider (‘Everest Fortune Group’). Please be reminded that you are solely responsible for the trading decisions on your account. There is a very high degree of risk involved in trading. Any information and/or content is intended entirely for research, educational and informational purposes only and does not constitute investment or consultation advice or investment strategy. The information is not tailored to the investment needs of any specific person and therefore does not involve a consideration of any of the investment objectives, financial situation or needs of any viewer that may receive it. Kindly also note that past performance is not a reliable indicator of future results. Actual results may differ materially from those anticipated in forward-looking or past performance statements. We assume no liability as to the accuracy or completeness of any of the information and/or content provided herein and the Company cannot be held responsible for any omission, mistake nor for any loss or damage including without limitation to any loss of profit which may arise from reliance on any information supplied by Everest Fortune Group.Shortby VantageMarkets9
AUD/CAD +60 Pips , New Entry Added To Who Missed First One !This Is An Educational + Analytic Content That Will Teach Why And How To Enter A Trade Make Sure You Watch The Price Action Closely In Each Analysis As This Is A Very Important Part Of Our Method Disclaimer : This Analysis Can Change At Anytime Without Notice And It Is Only For The Purpose Of Assisting Traders To Make Independent Investments Decisions.Longby FX_Elite_Club5
BEARSH CONTINUATION IMMINENT if price gets rejected from the resistance line and forms a Head and Shoulder pattern the price will probably will go bearish.Shortby PerfyFX2
AUDCAD - Retracement for Bullish ContinuationFX:AUDCAD is moving upwards, creating higher highs and higher lows after breaking above the descending trend line supported by a previous resistance-turned-support level suggesting that the sellers may be losing control and buyers are gaining momentum! Current price action poses a potential buying opportunity after a pullback into the “Buy Zone". The strategy is to enter a long position within this zone, with a stop loss placed below the defined support, aiming for a continuation of the newly established uptrend.Longby Tempo_Trades3
Audcad for buysWait for a retest on the highlighted zone and a bullish candlestick pattern, then take your buy. Price might not retest the below zone but it could break above the upper, wait for a retest and candlestick confirmation, then take your buy.by makindetoyosi21
AudCad -Long opportunityCup and Handle pattern formation. Price broke out! Moving averages 20 and 200 crossing over. Price just above the MA. it is a probability that the recent high of 0.95379.Longby Sahle113
AUDCAD: Bearish Forecast & Bearish Scenario The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the AUDCAD pair price action which suggests a high likelihood of a coming move down. ❤️ Please, support our work with like & comment! ❤️Shortby UnitedSignals112
Trade idea - AUDCAD Long4H Bullish impulse: indication. Pattern within pattern: confirmation. Inverse Head & Shoulders pattern + Bullish Fake Out flag pattern. Clear support & resistance zone is there. -68 Fibonacci completion aligning with entry zone. Corrective approach towards entry zone. = Buy limit. 1% risk. RBA Gov Bullock speaks at 1.30 AM. Be aware. Longby PipjagerUpdated 112
AUDCAD CHART ANALYSISHere is our opinion on AUDCAD,as we are expecting more BULLISH MOVEMENT to around 0.90905, where our STOP LOSS is around 0.90325, the Trend on this Pair, is still UP,we also have a pullback to a Major area, we 200MA confluence on the 2hour TF,and from the DEMAND area, we have a LTF entry Confirmation. You can add this to your watch-list or Trade in the Direction of this Setup, if this matches with your IDEA. Will give update on how price plays, in the Update section.Longby LOVEGODFX2Updated 110
AUDCAD1. Bearish Divergence along with Double top formation, it looks like the price has lost its bullish momentum. will take a short entry of 0.25% on the breakout of the previous HL.Shortby SA-TechnicalUpdated 0
Trade idea - AUDCAD Long4H Corrective approach towards entry zone. -68 Fibonacci completion aligning with entry zone. = Instant market execution Buy. 1% risk. Bullish M pattern & Bullish Fake Out flag pattern as extra evidence. Longby PipjagerUpdated 5
AUDCAD Potential breakout to do downsideAUDUSD is making higher highs on the 1-hour chart, but it's important to observe that bullish momentum seems to be waning, with the slope of the upward movement beginning to flatten. As the market approaches the weekly resistance, the upper boundary of the channel, and the key psychological level at 0.9100, close attention should be paid to how the price reacts in this area. Since the price has previously rebounded from this zone, a retest of the support level is likely, especially given that the daily timeframe indicates the market has reached a critical resistance point. If a rejection candle forms, it could signal a reversal or a deeper correction. The potential target is the support level at 0.90320Shortby RTED_InvestingUpdated 4
AUDCAD Simple Trade PlansSentiment out of AUS last night has has rallied AUDCAD. Seeing moves to the upside within a longer term trajectory (mostly propelled by easing cycles). Labels noted.by WillSebastian3
AUDCAD Bullish? or Bearish? At the Turning pointAUDCAD is at major support from where it rebound 2 times if sustains this support pullback is possible if not then more Fallis also possible as seen from the graph. take the trade accordingly with strict stop loss or hedge the position! Longby CHMVIZUpdated 112
AUD/CAD - Bearish CampaignThe big drop of off 0.9034 is a strong indication that price action was faking a breakout when instead it's actually cooking up a full fledged downside reversal. Jumping in with a new short position. targeting 0.8860Shortby BulletproofTradersUpdated 0
AUDCAD Bullish on support Use strict stop loss and trade have a profitable trade !Longby CHMVIZUpdated 1