Short AUDCAD 1HScript Pick on:
Fundamental Analysis & Sentiment Analysis
Risk Reward 1:2
Entry Pick on:
Breakout
Moving Average
Heiken Ashi Entry
AUDCAD trade ideas
AUDCAD-BULLISH TRENDaudcad is reversing its trend too bullish as it has made falling wedge and bullish divergence at the support of major trendline and fib 0.50% retracment.
AUDCAD about to Pop to the upside.
Another setup I like mostly from this Daily chart. Price recently decoupling from a falling-wedge and moving briefly to a nearby liquidity zone and then shaping up to move upwards.
Trade has plenty of upwards momentum and should be a good riser commencing very soon.
I have bought at current levels around 0.9195 and SL at 0.9184, quite tight.
For educational purposes on tradingview only.
Trade idea - AUDCAD Long4H
Corrective approach towards entry zone.
Fibonacci completions aligning with entry zone.
= Confirmation
Instant market execution Buy.
1.5% risk.
Aiming to take full profit at Daily TP.
audcadhi trader,
price creating at demand area is creating acumulation towards previous supply area,
AUD/CAD Short M15 "Confluence of levels"Sell Limit @ 0.91152
S/L @ 0.91349
T/P1 @ 0.90610
T/P2 @ ----------
R.R.R. @ 1/2.75
Pure Price Action Trading based on Pullback of Key Level. Mostly focusing on Supply and Demand zones. Follow the Money ...
Good Trading to the Trading View Community! 👍
AUDCAD Long PositionHigher Highs (HH) & Higher Lows (HL): The pattern of higher highs and higher lows is an indication of an uptrend, showing that the buying momentum is strong.
Trendline Break and Retest: The break above a key trendline signals a shift in market sentiment toward the upside. A retest of this trendline provides an opportunity to confirm the trend change as previous resistance becomes new support.
Buy Stop Above Recent Higher High (HH): Placing a buy stop order above the most recent higher high allows you to enter the trade only if bullish momentum continues, reducing the risk of entering on a false breakout.
Entry: Place a buy stop order just above the recent higher high (HH). This allows you to enter the trade if the price continues moving upward, confirming the bullish momentum.
Stop-Loss: Place a stop-loss order below the most recent higher low (HL) or below the retested trendline. This helps to protect against a potential reversal and limits risk.
AUD/CAD Day Trading Analysis With Volume ProfileOn AUD/CAD , it's nice to see a strong buying reaction at the price of 0.91130.
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
Fair Volume GAP + Uptrend and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
AUDCAD in support area. Are we ready for reverse?Hi traders, AUDCAD is in support from its temporal bearish movement.
Although the primary trend is bearish, we might see reverse movement from AUDCAD.
In small timeframe, we already see AO indicator in positive area and we might see reverse in short term.
Good luck!
AUDCADAUDCAD has been on a down trend and I'm anticipating one last push the down side for price to fill in that inefficiency on that demand level.
AUDCAD sellAUDCAD has been selling ,and I'm anticipating one last push to the downside to fill in that inefficient price at that demand level highlited.
Audcad for buy.Audcad is bullish on the higher timeframe. Wait for breakout and retest of the lower timeframe bearish trendline to breakout and retest the support zone.
AUDCAD SHORTMonthly
Overall sentiment Bullish, I'm expecting price to continue lows having come of a tweezer top candle formation last month with price failing to close above this resistance level at 0.9375 for 2 years now with almost identical PA coming of those very highs. we have EMA support which if breached will be further confluence for big move to the downside.
Weekly
Overall sentiment Bullish, although looking at PA in the bigger picture it seems bullish with price closing below my AOI and dynamic ema resistance I feel there is a chance we can get a ema crossover if PA continues bearish for the early part of next week with aims to fill out previous weekly candles wick. On the other hand any significant change of character or bullish formations or closes above 0.9200 key level and just above previous weekly highs would be a signal of a reversal.
Daily
Overall bearish PA producing LH & LL, I like this daily chart as PA is ver simplified along with LL/LH we have price consistently rejecting AOI at 0.9170 this area is now acting as a resistance whereas it was previously support for the month of October, further confluence is 50 Ema dynamic resistance and weekly fib 0.618 level holding.
4hr + Entry
Overall bearish with somewhat clean PA to the downside, outlooks similar to daily with ema, fib and PA confluences ill await 4hr bearish close somewhere below 0.9160 to execute shorts
This was the analysis I mentioned in previous video where I stated I believe I may prefer this over FX:AUDCHF Shorts
If you find this analysis helpful or even if you oppose it pls like or comment would be good to hear your feedback! ;)
All Technical analysis is for journaling purposes.
AUD/CAD Analysis (4H Timeframe)🚀 **AUD/CAD Analysis (4H Timeframe): Targeting 0.93000!** 📈
AUD/CAD is currently at **0.91616** on the 4-hour chart, with a target set at **0.93000**. This pair is approaching key levels that could support a bullish move toward our target in the near term.
🔍 **Key Levels to Watch:**
- **Current Price:** 0.91616
- **Key Resistance:** 0.92211
- **Key Support:** 0.91070, 0.90378
- **Target Price:** 0.93000
💡 **Our Strategy:** A strong move above 0.92211 may signal the beginning of a bullish push toward 0.93000. We’re monitoring these levels closely for confirmation.
👉 What are your thoughts on AUD/CAD’s next move? Let us know if you’re bullish too!
#AUDCAD #ForexAnalysis #PricePrediction #KeyLevels #Pipnest
AUD_CAD SHORT FROM RESISTANCE|SHORT|
✅AUD_CAD went up sharply
But a strong resistance level was hit at 0.9178
Thus I am expecting a pullback
And a move down towards the target at 0.9120
SHORT🔥
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AUD-CAD Move Down Ahead! Sell!
Hello,Traders!
AUD-CAD is about to retest
A horizontal resistance
Of 0.9200 from where we
Will be expecting a
Further move down
Sell!
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Check out other forecasts below too!
Audcad.... BearishAs you can see price is in a clear down trend. Previous support is now resistance. I'm in for shorts . 0.9021 is my target area. Stops is pretty tight here. I believe price is ready to move. I think entries here are perfect.
AUDCAD Is Very Bearish! Short!
Please, check our technical outlook for AUDCAD.
Time Frame: 3h
Current Trend: Bearish
Sentiment: Overbought (based on 7-period RSI)
Forecast: Bearish
The market is on a crucial zone of supply 0.914.
The above-mentioned technicals clearly indicate the dominance of sellers on the market. I recommend shorting the instrument, aiming at 0.910 level.
P.S
Overbought describes a period of time where there has been a significant and consistent upward move in price over a period of time without much pullback.
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audcad bearishAudcad had formed a triangle formation above its uptrend. It broke it and tested it several times. From here it will pull back to the lower trend support.
AUDCAD: Bearish Move From Resistance 🇦🇺🇨🇦
AUDCAD may retrace from the underlined solid resistance.
As a confirmation, I see an inverted cup & handle pattern on an hourly.
Goals: 0.9123 / 0.9107
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AUDCAD BUY SETUP!!“Most traders take a good system and destroy it by trying to make it into a perfect system.” - Robert Prechter
AUDCAD BUY STOPAUDCAD is making lower Highs and lower Lows, it is in down trend but now it formed RSI divergence. it will likely to change its up trend into up trend so place the buy stop order above LH
BUY AUDCADAn imbalanced just filled up
Break of structure on the LTF
I started buying on thr retest
Now I’m looking to buy more after the bigger TF break of structure
