Audcadbuy
Strong Buy For AUD/CADAUD/CAD is now on a strong support, MACD and Signal lines touched each other, So AUD/CAD will rise / 30M Time Frame / MACD, MA, SUPPORT
AUDCAD - SWING - 18. MAY. 2020Welcome to our weekly trade setup ( AUDCAD )!
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1 HOUR
Market dropped towards range low.
4 HOUR
Pullback from previous support and close above sr level.
DAILY
Overall bullish market slowing down and in pullback, good long entries!
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FOREX SWING
BUY AUDCAD
ENTRY LEVEL @ 0.90700
SL @ 0.90300
TP @ 0.91290
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
AUSTRALIAN DOLLAR / CANADIAN DOLLAR (AUDCAD)Dates in the future with the greatest probability for a price high or price low.
The Djinn Predictive Indicators are simple mathematical equations. Once an equation is given to Siri the algorithm provides the future price swing date. Djinn Indicators work on all charts, for any asset category and in all time frames. Occasionally a Djinn Predictive Indicator will miss its prediction date by one candlestick. If multiple Djinn prediction dates are missed and are plowed through by same color Henikin Ashi candles the asset is being "reset". The "reset" is complete when Henikin Ashi candles are back in sync with Djinn price high or low prediction dates.
One way the Djinn Indicator is used to enter and exit trades:
For best results trade in the direction of the trend.
The Linear Regression channel is used to determine trend direction. The Linear Regression is set at 2 -2 30.
When a green Henikin Ashi candle intersects with the linear regression upper deviation line (green line) and both indicators intersect with a Djinn prediction date a sell is triggered.
When a red Henikin Ashi candle intersects with the linear regression lower deviation line (red line) and both indicators intersect with a Djinn prediction date a buy is triggered.
This trading strategy works on daily, weekly and Monthly Djinn Predictive charts.
Trades made when the monthly, weekly and daily arrows are pointing in the same direction are the most profitable.
This is not trading advice. Trade at your own risk.
AUDCAD Market Outlook | Daily Forex Market BreakdownAUDCAD
Very similar to AUDUSD, we have made a higher high in market structure and we will be needing to come back down and retest lows are some point. Keeping a very sharp eye on AUDCAD. Keep in mind .90 is a strong psychological key level, we are sitting right under that so we could easily wick up and reject off that and roll over to the downside. Patience will be key.
AUDCAD IF this Then that Hey guys, if you can't tell already, i make trading simple. IF this Then that. Here Audcad broke a right shoulder with this strong bullish impulse move IF the market decides to come back down and retest i will take the buy- but where is it going? If you look ABOVE your head there is of course another H&S pattern that has not given us the Right shoulder yet, which is where i would sell, however if AC wants to continue to be bullish and break structure we'll just take the Buy. 50 pip zone... are you okay with catching potentially 50 pips up and 50 pips down. :)
-PGP
AUDCAD LONG! Multiple Opportunities On 4HrPrice is at the moment trading below a trendline that's due for test.
Break of trendline to upside validates upside targets above trendline.
Note: Idea is to complement your research.
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Thank you and happy trading.