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AUDCAD trade ideas

AUDCAD: Between Two ScenariosAUDCAD: Between Two Scenarios Technical Analysis: Price is developing a triangle pattern showing for a possible bullish wave. However, it's difficult to anticipate the next move if the price doesn't show the next direction. Considering that we are in a strong bearish trend a move below the pattern can push AUDCAD down easily. A move above the pattern can push it up for a bigger bullish correction or the beginning of a bullish trend again. You may find more details in the chart! Thank you and Good Luck! ❤️PS: Please support with a like or comment if you find this analysis useful for your trading day❤️
by KlejdiCuni
1
AUDCAD - 4hrs ( Sell Trade Target range 200 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 - Visible Range Hvn - Pattern Break - Visible range Hvn - Fixed Range Lvn - D / Week High ✔️Bullish Reversal 0.89000 Area Reasons - Major Turn level / Month - Major Triangle Pattern - Choch / Bullish - inner Counter - Fibo Golden Zone - Month High - Day High + week Break
Short
by GentleGoldenEngine
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. ——————————— WISH YOU ALL LUCK
Long
by AnabelSignals
1
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
Short
by iamfotx