AUDCAD trade ideas
The AUDCAD is in an Up trend showing a Bullish FlagThe AUDCAD is presently in an upward trend and displaying a Bullish Flag formation. In this scenario, we might consider opening a long position (Buy Stop) as the price breaks out from the upper boundary of the bullish flag pattern.
AUD/CAD +60 Pips 0 Drawdown , New Entry Valid Today !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.
AUDCAD - Bullish Trade AUDCAD in Bullish Trend with Cup & Handle chart pattern indicating continuation of bullish trend.
AUDCAD-Formation of Cup and Handle patternA cup and handle pattern is forming on the 1H time frame which gives us a good opportunity for a nice trade.
AUDCAD - In Uptrend with Cup & Handle Continuation PatternAUDCAD chart in 4H time frame is printing Uptrend with Cup & Handle Pattern and observed there is no any divergence. Therefore market may seem more inclined to move in the direction of the existing uptrend.
Hence I'm doing long trade with Buy Stop Order on the breakout neckline level with stoploss below at last Higher Low level.
AUDCAD - Cup and Handle formationThe pair is in bullish trend and good cup and handle formation confirm this.
AUDCAD: Short Trade Explained
AUDCAD
- Classic bearish setup
- Our team expects bearish continuation
SUGGESTED TRADE:
Swing Trade
Short AUDCAD
Entry Point - 0.8950
Stop Loss - 0.8972
Take Profit - 0.8909
Our Risk - 1%
Start protection of your profits from lower levels
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AUDCAD H4Hello
Here we have the AUDCAD chart in the 4-hour time frame, where the price is in an ascending channel, and we expect the price to continue its upward trend until reaching the support area of 0.89224 on retrace until the key point of 0.89241. And in case of breaking the resistance zone with suitable candles, we will consider the continuation of the upward trend
AUDCAD- BULLISH📈Market structure is BULLISH so we expect the recent demand within the HIGH and the low itself to push price up to take out the week HIGH📈
AUDCAD - Cup & Handle Pattern - 02/05/2024AUDCAD has been trading in a strong Bullish Trend.
No Divergence has been observed on the RSI. A clear Cup & Handle Pattern has formed which confluences the continuation of the Bullish Trend.
Trade Plan: Long
Entry: 0.89784
SL: 0.89013
TP1: 0.90550
TP2: 0.91330
AUDCAD Reversal AUDCAD is displaying a Mutli TF Divergence on the 1Hr and 4Hr with a double Top Pattern on both TFs.
A reversal for AUDCAD can be expected news being the catalyst.
AUDCAD is in continuous patternAUDCAD is forming a symmetrical triangle which indcates a continuous pattern, AUDCAD will go bearish on breakout.
Lingrid | AUDCAD retest of the RESISTANCE zoneThe market is updating the swing highs and higher lows. On the 4H timeframe, it's approaching the two resistance zones. The market usually tests the level, which is higher or lower. FX:AUDCAD broke and closed above the swap zone, and it broke the key level at 0.89500 because the price respected the level multiple times before. The market is ranging after an impulse move upward. It bounced off support and most likely will go up toward resistance from the support level and downward trendline. My target is the resistance at 0.89960
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
nzdcadtype of order: Market sell order.
Let's check if we can collect profits between tomorrow and next tomorrow.
Good luck.
AUDCAD SHORTThis is just simple trading idea draw into chart using labels and lines. Please use it as educational purpose and you are free to modify any
AUDCAD LONG
Daily:
- Bullish M (Big pattern -> weekly pattern also)
- 3rd leg impulsive (+)
- S&D zone is a clear zone in history (+)
- Daily zone aligns with weekly zone (+)
Weekly:
+ MS
+ ZONE
+ FIB
3/4 LONG + Weekly small pattern as extra
4H:
- Waiting on pattern
AUD/CAD Sell Setup Active - Trendline Break / MA Crossover 1HRI am in a beautiful sell position on AUD/CAD.
As we can see from the chart a quite significant trendline has been broken in conjunction with the MA 50 / 20 crossing over nicely on the 1HR timeframe.
Also if you go to the daily timeframe the previous candle low has been traded through confirming potential downside.
I will be targeting the asia low that I have mapped out which would be a 2% Risk to Reward trade.
expected on the AUDCADMarket is Expected to go to sell as news is there and the Support is broken ,Volume for the sellers are good to get market down
AUDCAD: Bullish ContinuationOn a 4 hours timeframe, AUDCAD printed a Bullish Flag with no signs of a Bearish Divergence suggesting a Bullish Continuation.
Entry is suggested at the breakout of pole, with stop loss on the previous Higher Low. TP levels are defined with RRR of 1:1 and 1:2
AUDCAD looks to want to push down, 1hrAUDCAD is in a consolidating period in the 4hr timeframe and has reached a very strong resistance zone and it is probably going to touch our sopport which is a strong low at the 0.88210 zone.
We also have a up trending trend in our sideways market. AUDCAD broke the trend with a reversal pattern of a double top and retested our trend to confirm the down trend.
AUDCADGreetings, everyone! I'm back with a new analysis and am looking for a sell opportunity in the OANDA:AUDCAD pair, The price has entered an extreme zone and responded from the marked area on the chart,
