AUDCAD - FALLING WEDGEhi everyone, i just wanna share about chart pattern base on what i learn. it is falling wedge chart pattern?! am i wrong? please share and discuss thanksyou disclaimer, this is not a signal, be smart Longby dorissim0
Lets take a flightAll ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice. I will continually update all trades.Longby THE_APIS_TRADER1
CONSOLIDATIONPrice is currently ranging so waiting for a prop Bos ok key areas to push price lowerby Andy_Col32
AUDCAD Analysis made easy.How to break the market down all the way from weekly to 2 hours entry point.11:38by godfreyngwana0
AUDCADEntry for sells on the 1hr (1:3) after the break of structure, waited for the price to retest the 50% fib level.Shortby lennypaulowinyUpdated 1113
Short AUDCAD1. Bearish divergence on 4H 2. Double Top 2. LL and LH formation 3. Fib 0.5 4. Bearish trendline 5. Entry on retracementShortby Mibbro6
AUDCADAUDCAD - another pair I like this week , 2 timeframes in sync looking for the 4hr to switch directions which would not only make all timeframes in sync but it could create a head and shoulders, bounce off the EMA, and be moving off of the support zoneLongby themarketmafia0
AUDCAD: Watching for Fibonacci Support After Resistance Rejectio The AUDCAD has bounced back down from a key weekly resistance level. This analysis explores the possibility of a pullback towards a Fibonacci retracement level before a potential upward correction. Technical Analysis: Resistance Rejection: The price encountered selling pressure at a critical resistance zone on the weekly chart. This suggests potential weakness in the upside momentum. Fibonacci Retracement: Based on your chart (which I can't see directly), you identified the Fibonacci golden level (around 61.8%) as a potential support zone. Trading Considerations: Confirmation Needed: This is not a confirmed trade setup yet. We need to see how price reacts at the potential support level. A bullish reversal pattern or a daily candle closing above the support zone could indicate a potential uptrend resumption. Risk Management: If a long trade becomes attractive later, prioritize proper risk management. Define entry, stop-loss, and take-profit levels based on your strategy and risk tolerance. Remember: Do your own research before entering any trade. This analysis provides insights, not guarantees. Additional Notes: I can't access the chart you mentioned, but I can still craft a general analysis based on your description. If you can describe the specific Fibonacci retracement level you identified (as a percentage or price value), I can incorporate that detail into the analysis. By combining your insights with technical analysis and risk management, you can make informed trading decisions in the AUDCAD market.by OMGiTzREALHASSAN1
AUDCAD Bullish Study CaseDisclaimer, these ideas are for my records of what I see in the market after taking a trade. It will help me document the reason of why I took the trade so I can have a track record. And as such, this is not a financial advice. Currently we are in a monthly pullback due to the break of market structure to the downside in a quasimodo type pattern. After refining the entry a little bit in both daily and 4 hour timeframes, see below charts, I refined my entry point of interest to the zone highlighted in white, which is a supply zone. Longby jask_skullUpdated 2
AUDCAD high probability setupBefore price's previous break, it was in a consolidation where it eventually swept liquidity below support. It preceded to push to the upside with massive momentum where it eventually consolidated again, forming liquidity above an external range double top(or head and shoulders) and below an internal range support. Since price is currently in a bullish trend, it could look to clear out this internal range liquidity first before clearing the external range liquidity and breaking further to the upside. This gives as an opportunity of a trend following entry, which is an identified golden zone below the identified internal range liquidity with a tp target of the latest high.Longby BlackTygaTrades6
✅AUD_CAD TIME TO SELL|SHORT🔥 ✅AUD_CAD made a bearish Pullback from the horizontal Resistance of 0.9077 so we Are bearish biased and we Will be expecting a further Local move down SHORT🔥 ✅Like and subscribe to never miss a new idea!✅Shortby ProSignalsFx115
AUDCAD: Long Signal with Entry/SL/TP AUDCAD - Classic bullish setup - Our team expects bullish continuation SUGGESTED TRADE: Swing Trade Long AUDCAD Entry Point - 0.9053 Stop Loss - 0.9034 Take Profit - 0.9091 Our Risk - 1% Start protection of your profits from lower levels ❤️ Please, support our work with like & comment! ❤️ Longby UnitedSignals112
AUDCAD - DOUBLE BOTTOM? CUP&HANDLE PATTERN?lets we speculation about chart pattern what do you see guys? please share ! a. double bottom b. cup and handle c. nothing ! hahahaha!!Longby dorissim2
AUDCADhi everyone, what do you see about this pair.? i using TF Daily, and i think this bullish still strong (coz break daily resis ! and found a divergent ) disclaimer i just share what i see this is not a signal be smart thanks!Longby dorissim2
AUDCAD TREND BREAKOUT AND CONTINUATIONThe AUDCAD pair has confirmed a trend breakout, and we are currently observing hourly consolidation forming within a flag pattern. This suggests potential further downside momentum, reinforced by the bearish signals for this pair. We anticipate continued selling pressure, likely bringing the pair back to the highlighted key level.Shortby traderchamp_6
AUD-CAD Will Fall! Sell! Hello,Traders! AUD-CAD is going down In a bearish pullback From the horizontal Resistance of 0.9076 And as we are bearish Biased we will be Expecting a further Move down Sell! Like, comment and subscribe to help us grow! Check out other forecasts below too!Shortby TopTradingSignals111
AudCadWith price strengthening to the downside, bears look to push prices lower with the break of structure.by ThePinnacleTrader3
AUD CAD LONG ENTRYAud cad completed a 3 wave down and now heading for a continuation move to the upside. Rsi is also showing a divergence on h4 to confirm my bias. Let me know if you have any questions regarding my analysis. Trade safe Goodluck!Longby Chathifriends6
AUDCAD - TRIPLE TOP 📉Hello Traders ! On Wednesday 15 May, The AUDCAD reached a resistance level (0.90994 - 0.91174). The price formed a triple top pattern. At the moment, the neckline is broken. The support line is broken. So, i expect a bearish move📉 --------------- TARGET: 0.90295🎯Shortby Hsan_Benhmed5515
AUD/CADBearish Gartley Pattern Breakdown: 1. **Definition:** - The Bearish Gartley pattern is a harmonic trading pattern used in technical analysis to identify potential trend reversals in the financial markets, specifically signaling a bearish reversal. It is named after its creator, H.M. Gartley, and consists of specific geometric shapes formed by price movements. 2. **Formation:** - **X to A Leg:** The pattern begins with a significant downward price move (leg) from point X to point A, representing the initial leg of the pattern and establishing a bearish trend. - **A to B Retracement:** After reaching point A, the price retraces upwards to point B, typically ranging between 0.618 and 0.786 Fibonacci retracement levels of the XA leg. - **B to C Leg:** From point B, the price resumes its downward movement, forming the BC leg. This leg typically retraces between 0.382 and 0.886 Fibonacci retracement levels of the AB leg. - **C to D Leg:** The final leg of the pattern extends from point C to point D. This leg typically mirrors the length and direction of the AB leg. Point D serves as the completion point of the pattern and represents a potential selling opportunity. 3. **Key Characteristics:** - **Fibonacci Ratios:** The Bearish Gartley pattern relies on Fibonacci retracement and extension levels to define the proportions of each leg relative to the preceding leg. - **Symmetry:** The CD leg is typically equivalent in length (or proportional) to the AB leg, creating symmetry within the pattern. - **Point D:** Point D serves as the completion point of the pattern and represents a potential selling opportunity for traders anticipating a bearish reversal. 4. **Confirmation and Trading Strategies:** - **Validation:** The pattern is confirmed when the price reaches point D, completing the CD leg. Traders look for additional confirmation signals such as bearish candlestick patterns, trendline breaks, or volume expansion. - **Entry and Stop-Loss:** Traders may enter short positions at point D, with stop-loss orders placed above point X or above the recent swing high. This helps manage risk in case the pattern fails. - **Profit Target:** The profit target for Bearish Gartley patterns is often set at Fibonacci extension levels beyond point D, such as 1.272 or 1.618 extensions of the BC leg. 5. **Example Scenario:** - Suppose a stock price moves from $100 (point X) to $80 (point A), retraces to $90 (point B), then declines again to $70 (point C), and finally rallies to $85 (point D). This price movement forms a Bearish Gartley pattern. Traders may consider entering short positions at point D, anticipating further downward movement. 6. **Limitations and Considerations:** - **False Signals:** Not all Gartley patterns lead to successful bearish reversals. Traders should use additional technical analysis tools and indicators to confirm the pattern. - **Market Conditions:** Market context and prevailing trends should be considered when trading Gartley patterns. Strong bearish trends are more conducive to successful bearish reversals. Understanding the Bearish Gartley pattern and its formation can assist traders in identifying potential bearish reversal opportunities in the financial markets. However, it's essential to use this pattern in conjunction with other technical analysis tools and consider the broader market context for increased reliability.Shortby B9A-88652-NisarAhmad1
Buy AUDCAD Triangle BreakoutThe AUD/CAD pair on the M30 timeframe presents a Potential Buying Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the upside and a higher likelihood of further advances in the coming hours. Possible Long Trade: Entry: Consider Entering A Long Position Above The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.9075 Target Levels: 1st Resistance – 0.9114 2nd Resistance – 0.9131 Stop-Loss: To manage risk, place a stop-loss order below 0.9160. This helps limit potential losses if the price falls back unexpectedly. Opportunity Breakdown: Triangle Breakout: Price action recently broke above a bullish triangle, a continuation pattern suggesting further upside potential. Retest Confirmation: The price has retested the broken resistance line of the triangle and held, indicating strong buying pressure. This retest adds confidence to the breakout. Ichimoku Cloud Support: The current price sits comfortably above the Ichimoku cloud, a technical indicator that often signals bullish momentum when the price is above the cloud. Thank you. Longby KABHI_FOREX_TRADINGUpdated 221
Sell AUDCAD Symmetrical TriangleThe AUD/CAD pair on the M30 timeframe presents a Potential Selling Opportunity due to a recent breakout from a Triangle Pattern. This suggests a shift in momentum towards the downside in the coming hours. Possible Short Trade: Entry: Consider Entering A Short Position below The Broken Trendline Of The Triangle After Confirmation. Ideally, This Would Be Around 0.9070. Target Levels: 1st Support – 0.9028 2nd Support – 0.9007 Stop-Loss: To manage risk, place a stop-loss order above 0.9090. This helps limit potential losses if the price falls back unexpectedly. Bearish Breakdown: Triangle Breakout Retest: The price action recently broke above a bullish triangle, indicating a potential uptrend. However, it has now returned to retest the broken resistance line of the triangle. This retest often precedes a reversal. Ichimoku Cloud Resistance: The price is currently hovering near the Ichimoku cloud, which can act as a resistance zone. A rejection from this area could further strengthen the bearish case. Thank you. Shortby KABHI_FOREX_TRADINGUpdated 228
Heading into 61.8% Fibonacci resistance?AUD/CAD is rising towards a resistance level which is an overlap resistance that aligns with the 611.8% Fibonacci retracement and could potentially reverse from this level to our take profit. Entry: 0.90910 Why we like it: There is an overlap resistance level that lines up with the 61.8% Fibonacci retracement. Stop loss: 0.91189 Why we like it: There is a pullback resistance level. Take profit: 0.90489 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 VantageMarkets7