CADAUD trade ideas
AUDCAD…When is enough, enough?!Good day traders, we back with another beautiful idea on AUDCAD but here we not focusing on buying and selling but rather to test a study I’m currently busy with, well in a nutshell I’m studying inside day candle stick pattern, currently on the 4hour TF we have a big bearish candle followed by a lot of small bullish candle sticks but all that trading is happening inside that one big 4 hour candle.
How I like to interpret this pattern in my years of back testing this pattern(still am)😂 inside day candles can be used as both a continuation or a reversal pattern but but depending on the market structure!! What price is doing currently on the 1hr TF I like to explain it to my friends as a beautiful lady who only wants your money 😂😂 because price is making traders believe that the reversal has started but truth is price is still gonna move lower the the liquidity resting below before moving higher to reverse the big move we saw last week and beginning of this current week.
We can expect price to take to low of Monday than shift structure higher to confirm our bias that price will reverse. Remember we study price and time not technical analysis.
#AUDCAD: Using 1-Day Time Frame For Intraday Entry! We have been closely monitoring the AUDCAD currency pair for an extended period and believe that selling AUDCAD at the current market conditions presents a more favourable opportunity with a sufficient number of sellers. However, we must acknowledge that we need to wait for the price to approach our entry zone, which will allow us to execute a sell entry with strict risk management. This analysis has identified a single target.
We extend our best wishes for your success and encourage you to provide support by liking and commenting on the idea.
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AUDCAD: True Bullish Reversal?! 🇦🇺🇨🇦
AUDCAD formed a nice inverted head and shoulders pattern
after a test of a key historic support.
A bullish violation of its neckline with a strong bullish candle
provides a reliable confirmation.
I expect a correctional move at least to 0.8723
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AUD/CAD on the 1-hour timeframe AUD/CAD on the 1-hour timeframe, and here's a detailed analysis based on the current price action and key levels:
🔍 Market Structure & Price Action
The overall trend prior to the recent move is bearish, as shown by the consistent series of lower highs and lower lows.
Price dropped sharply, breaking through previous support levels, and has now tapped into a demand zone (support area) around 0.85500.
After touching this demand zone, bullish rejection wicks appeared, indicating buying interest and potential exhaustion of selling momentum.
🧱 Key Levels
Support Zone (Demand Area):
Around 0.85400 - 0.85600 (shaded in pink at the bottom). This area has held, showing buyers stepping in.
Resistance Zone (Supply Area):
Around 0.88400 - 0.88600 (shaded in pink at the top), which is a previous support turned resistance.
🔁 Possible Scenario (As Indicated by the Chart)
The red arrow shows a potential bullish reversal:
Price might make a small pullback or retest of the demand zone.
If it forms a higher low and confirms bullish intent, a move toward the 0.88400-0.88600 resistance zone is likely.
📈 Bullish Confirmation Needed
To confirm a buy setup, look for:
A break above recent minor resistance (near 0.86200 - 0.86400).
Strong bullish candles or a bullish engulfing pattern.
Potential confluence with indicators (e.g., RSI divergence, EMA crossover, etc.).
🚫 Bearish Risk
If price breaks below the demand zone (0.85400), the bearish trend may continue, invalidating the reversal setup.
In such a case, next support might be much lower, and short opportunities could arise.
✅ Summary
Bias: Potential short-term bullish reversal within a broader bearish trend.
Entry Consideration: After a higher low or bullish confirmation near 0.85600–0.86000.
Target: Resistance zone at 0.88400–0.88600.
Invalidation: Break below 0.85400.
Swing USDCHF trade idea 08/04/2025AUDCAD Analysis
AUDCAD has tapped and rejected its 3-quarter low of 0.85930, a level that’s held since April 2009. The 4H chart shows consolidation in a 50-pip range between 0.85930 and 0.85342.
We’re watching for a bullish 4H candle close above 0.85930 for safer entries. The safest confirmation comes above 0.87060, which would confirm a break of both a key level and bearish structure.
This setup has potential to evolve into a long-term swing with 700+ pips on the table if held. Trade patiently and wait for clean confirmations.
AUD/CAD Weekly AnalysisWe can see a huge weekly candle (circa 500 pips) as sellers took price all the way down to sub 0.8600 last week.
Looking back over the years, 0.8600 has been a huge demand zone for this pair.
This may now lead to opportunities to buy on the smaller time frames.
This is just an idea of what may happen. You should always trade with a well tested and profitable trading strategy using good risk management.
AUD/CAD BUYERS WILL DOMINATE THE MARKET|LONG
AUD/CAD SIGNAL
Trade Direction: long
Entry Level: 0.880
Target Level: 0.889
Stop Loss: 0.874
RISK PROFILE
Risk level: medium
Suggested risk: 1%
Timeframe: 1h
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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AUDCAD Discretionary Analysis: Taking the Elevator DownIt’s more of a sixth sense(like when you just know the milk is bad before you smell it). I think it’s headed down, like an elevator with a broken cable . If I’m right, I’ll make some money. If I’m wrong, well… guess I’ll take the stairs next time.
Just my opinion, not financial advice.
Bearish reversalAUD/CAD is rising towards the pivot which is a pullback resistance and could reverse to the 1st support which line sup with the 127.2% Fibonacci extension.
Pivot: 0.89738
1st Support: 0.89054
1st Resistance: 0.90296
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AUD-CAD Will Go Down! Sell!
Hello,Traders!
AUD-CAD shot up sharply
But then horizontal resistance
Of 0.9035 and we are already
Seeing a bearish reaction so
We will be expecting a
Further move down
Sell!
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Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
AUDCAD: Bearish Continuation is Highly Probable! Here is Why:
The charts are full of distraction, disturbance and are a graveyard of fear and greed which shall not cloud our judgement on the current state of affairs in the AUDCAD pair price action which suggests a high likelihood of a coming move down.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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AUDCAD Is Very Bullish! Long!
Here is our detailed technical review for AUDCAD.
Time Frame: 2h
Current Trend: Bullish
Sentiment: Oversold (based on 7-period RSI)
Forecast: Bullish
The market is approaching a significant support area 0.853.
The underlined horizontal cluster clearly indicates a highly probable bullish movement with target 0.869 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.
Disclosure: I am part of Trade Nation's Influencer program and receive a monthly fee for using their TradingView charts in my analysis.
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AUDCAD Buy Limit SetupDirection: Long (Buy)
Entry Type: Limit Order
Risk-to-Reward Ratio: 3.47
Technical Context:
AUDCAD has been developing a strong bullish trend structure with clean higher highs and higher lows. Price has recently broken out of a consolidation range and is now forming a potential continuation setup. The current entry targets a retest of the breakout zone, which overlaps with an area of previous accumulation.
Entry Level:
A Buy Limit order is placed at 0.88339, coinciding with the upper edge of the former consolidation and acting as newly established support.
Stop Loss:
Set at 0.88226, just below the base of the zone, to account for potential wick-based volatility while preserving structural integrity.
Take Profit:
The target is placed at 0.88731, corresponding with a minor resistance zone created by the previous local high, and yielding a favorable risk-to-reward ratio of approximately 3.47.
Trade Rationale:
This setup aims to participate in the continuation of a bullish trend after a textbook breakout and retest scenario. The entry zone is strategically selected based on both horizontal structure and breakout dynamics. A confirmation through RSI behavior supports the underlying momentum.
Notes:
This trade aligns with a broader strategy of scanning major and minor pairs for clear trending opportunities on the 1-hour timeframe, with precise entries executed through limit orders at structurally sound levels.
AUDCAD Wave Analysis – 14 April 2025
- AUDCAD reversed from the support zone
- Likely to rise to resistance level 0.8860
AUDCAD currency pair recently reversed up from the support zone located at the intersection of the long-term support level 0.8600 (which started two weekly uptrends from 2022) and the lower weekly Bollinger Band.
The upward reversal from this support area created the weekly Japanese candlesticks reversal pattern Piercing Line.
Given the strength of the aforementioned support zone, AUDCAD currency pair can be expected to rise to the next resistance level 0.8860, the former strong support from January.