AUDCAD - Looking To Sell Pullbacks In The Short TermH1 - Bearish trend pattern
Strong bearish momentum
Until the strong resistance zone holds I expect the price to move lower further after pullbacks.
AUDCAD trade ideas
AUD/USD Short and AUD/CAD ShortAUD/USD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
AUD/CAD Short
Minimum entry requirements:
• If 3 touch 1H continuation or 2 touch 1H continuation with 3 touch structural approach, 15 min risk entry within it.
AUDCADOn the daily chart we have a change of character indicating a shift in order flow from bullish to bearish.
Though we have a shift in order flow, the entry model is ranked moderate to weak, meaning there is a possibility price might push higher during correction. Either way, we are short on this pair.
AUDCAD Massive Long! BUY!
My dear followers,
This is my opinion on the AUDCAD next move:
The asset is approaching an important pivot point 0.9115
Bias - Bullish
Safe Stop Loss - 0.9087
Technical Indicators: Supper Trend generates a clear long signal while Pivot Point HL is currently determining the overall Bullish trend of the market.
Goal - 0.9159
About Used Indicators:
For more efficient signals, super-trend is used in combination with other indicators like Pivot Points.
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WISH YOU ALL LUCK
AUDCAD: Bearish Setup on Pullback to Key LevelsTechnical Analysis:
Higher TFs: Given the recent week's top rejection and inside bearish close, it appears that the bulls are running out of momentum. The last day's price action was a bearish continuation candlestick (lower low and lower close), indicating that the bears are in control.
The plan is to look for a short position on the lower timeframe by identifying a key horizontal level for a pullback.
4-Hourly Chart: My potential short trade is around 0.9149/53.
Sell Limit Entry: 0.9149/53
Stop Loss: Above 0.9162
Target: 0.9111
In case the price doesn't reverse from this zone, the next zone to go short would be:
Sell Limit Entry: 0.9173/76
Stop Loss: Above 0.9190
Target(s): 0.9149/53, 0.9111
AUDCAD FORECAST #AUDCAD
Base on ICT price action; there is liquidity above of consolidation area; market backs up in towards that area again; rejects and can reverse in towards the downside.
Based on RTM price action; Engulf is sign of market direction; the price will fall after touching MPL
AUDUSD FORECAST#AUDCAD
Base on ICT price action; there is liquidity above of consolidation area; market backs up in towards that area again; rejects and can reverse in towards the downside.
Based on RTM price action; Engulf is sign of market direction; the price will fall after touching MPL
AUDCAD pt 3it looks like price isnt quite making it to that zone however price is still bearish. I don't believe that price is all the way ready to drop yet. I could see price touching the zone again to then go bearish. If it doesn't do that I won't enter on this pair.
CAD interest rates out this weekinterest rate divergence would play a major role on this trade
CAD interest are coming out this week
Bearish reversal?AUD/CAD is rising towards the resistance level which is an overlap resistance that aligns with the 23.6% Fibonacci retracement and could potentially reverse from this level to our take profit.
Entry: 0.91548
Why we like it:
There is an overlap resistance level which lines up with the 23.6% Fibonacci retracement.
Stop loss: 0.91819
Why we like it:
There is a pullback resistance level which aligns with the 38.2% Fibonacci retracement.
Take profit: 0.90926
Why we like it:
There is a pullback support level which is slightly below the 78.6% Fibonacci retracement.
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AUDCAD part 2Update on AUDCAD , if we scale into the 1 hour timeframe you can see price is starting to make it's way up into the zone, once it does that all we are waiting for is a bearish engulfing setup.
AUD/CAD has been showing bullish momentum recentlyThis technical analysis outlines a bullish stance on AUD/CAD, focusing on buying opportunities at discount levels with risk management through stop losses and profit-taking at the potential reversal zone identified by the Bat pattern. Traders should monitor price action and adjust their positions based on emerging market conditions and price movements.
Always consider current market conditions, economic events, and geopolitical factors that may impact currency pairs when conducting technical analysis and making trading decisions.
AUDCADpretty clean trade idea, two timeframes in sync and a strong zone that was previously used as resistance. We are now back under that zone and all we are looking for is for price to come back to that zone to create a lower high on the h4 hour.
A bounce off of support sets up a short A nice bounce off of support set up a nice continuation short as it slices through that support to move down towards the next level.
AUDCAD - Sell SetupAUDCAD is printing a series of LH's and LL's.
Entry Point between 0.382 and 0.50 Fib Retracement level.
Analysis of AUDCAD: Bearish Structure and Trading OpportunityOn the daily timeframe, AUDCAD has established an OHLC (Open High Low Close) pattern indicative of a bearish structure. This setup is further validated by the Traders Dynamic Index (TDI) crossover, confirming a sell opportunity. The target for this trade is set at 0.91519 . Please proceed with caution. If you find this analysis helpful, consider supporting by liking, sharing, and following my page.
Sell AUDCAD Pennant BreakoutThe AUD/CAD pair on the M30 timeframe presents a potential selling opportunity due to a recent downward breakout from a well-defined Bearish Pennant pattern. This suggests a shift in momentum towards the downside in the coming Hours.
Key Points:
Sell Entry: Consider entering a short position around the current price of 0.9200, positioned close to the breakout level. This offers an entry point near the perceived shift in momentum.
Target Levels:
1st Support – 0.9172
2nd Support – 0.9152
Stop-Loss: To manage risk, place a stop-loss order above 0.9230. This helps limit potential losses if the price unexpectedly reverses and breaks back upwards.
Thank you.
AUDCAD Buy IdeaOANDA:AUDCAD has been bullish for quite some time breaking it's resistance area of 0.9181. Recently, It showed a decent retracement and currently it is trading over support zone. Considering CAD rate decision coming this week and it's expected to see rate cut which can result in CAD weakness. We can look for buying opportunities in AUDCAD
Audcad chart patternAUDCAD bearish head and shoulders pattern
Going sell
The take profit and stop loss are in the picture
AUDCADThis Weekly FORECAST
Opportunity for AUDCAD. This setup trading idea is for intraday. >> TAYOR
Risk Factors:
1. Market conditions, unexpected news, or external events could impact the trade.
2. Always use risk management strategies to protect your capital.
AUDCAD:- BULLS ARE ATTEMPTING TO TAKE THE CHARGE BACKOn 30 min. time frame bulls have shown some resistance and has kept the price above a certain level. In this process a bullish divergence has been formed on the RSI which indicates the strength of bulls. Since the overall trend is bearish we shall wait for the price to cross previous LH and if the price sustains the current level it shall be a HL. Thus the bias shall favor the bulls and we may initiate a Long trade.
Due diligence and strict money management is solicited.
Have a profitable trading.
