AUDCAD ANALYSIS UPDATE 1/7/24 11:43pm Audcad broke structure bullish before market close friday 1/5/24 so i got out of sells and follower price because i was expecting a daily pullback to the upside and rejction back to the downside.
* Price is now showing us daily pull back and rejection as expected but faster than expect so i did what a trader is supposed to do ADAPT! ill keep you guys updated.
Audcadshort
AUDCAD 4H Entry Short PositionHey guys! its your girl Forex Potatoe on the charts again and here is a breakdown of my analysis for AUDCAD.
AUDCAD has been in a prolonged downtrend for a long time coming, Weekly and Daily Timeframe is currently in a downtrend with 4H in an uptrend. Since the longer term timeframe is downtrend and 4H in an uptrend(apparently having a pull back).
We would be interested in taking a short position, therefore 4H timeframe has to correlate with Weekly and Daily Timeframe, we would have to wait for the break of the last low on 4H and a retest to enter a Sell position
Kindly follow me and tell me what you think about this analysis so far.
AUDCAD Long Term BUYING Trading IdeaHello Traders
In This Chart AUDCAD DAILY Forex Forecast By FOREX PLANET
today AUDCAD analysis 👆
🟢This Chart includes_ (AUDCAD market update)
🟢What is The Next Opportunity on AUDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Reeling in Profits: A Comprehensive Guide to Short AUDCAD🚩 New Signal Notification - Swing Trade
📣 Attention Traders! 📈🔍
🔹 AUDCAD, Short when Pullback to Supply Zone 🔹
📊 Here are the key points for a potential trading opportunity in AUDCAD:
🔹 AUDCAD, 8H, ICT Short setup🔹
From our AI screener, we found CAD in Daily chart timeframe is going to Strong side right after the BoC Interest Rate Decision on 6th Dec, 2023 which made CAD pairs got 8H ICT, Short setup.
Here we bring you a great chance to watch and earn!
The Bank of Canada (BOC) has decided to keep the interest rate at 5% for the third consecutive decision, as expected. The short-term interest rates are the primary factor in currency valuation, and a higher than expected rate is positive/bullish for the CAD, while a lower than expected rate is negative/bearish for the CAD. The BOC’s tone of the statement hints that there will be no rate hikes in the near future. So, if you’re planning to invest in CAD, this is a good time to do so! 💰💸
TA:
By simple ICT setup, we found there is a ICT Short setup in timeframe 8H.
Last week, 8H bar highs were rejected from the fair very gap (FVG) and formed a Lower High
Our idea to the next support levels below as shown.
AUDCAD is one of our focus this week, Only Short strategy, may be landing slowly to the support levels
Target 1↘️ 0.8879
Target 2↘️ 0.8815
Target 3↘️ 0.8752
🔔Short entry near this Supply Zone: 0.8960 to 0.8945
Keep a close eye on these levels and trends in AUDCAD for potential
trading opportunities. Remember to manage your risk and trade
responsibly!
✅ Stay tuned for more updates and analysis. Happy trading! 🚀💰
AUDCAD - Long active ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for longs. I expect bullish price action from here as price filled the imbalance and rejected from bullish order block + institutional big figure 0.89000.
Like, comment and subscribe to be in touch with my content!
AUDCAD Sellside deliverySELLSIDE DELIVERY PROJECTED
Investors and traders eyeing the AUD/CAD pair are in for an intriguing ride! The trend for the Australian Dollar against the Canadian Dollar hints at an exhilarating opportunity for profit. With recent market analysis and indicators pointing towards a potential bearish surge to the AUD/CAD
AUDCAD heading for weekly resistanceAUDCAD hitting strong weekly resistance as CAD has hit strong support. A better view can be provided by reversing the name and looking up CADAUD in the chart. Awaiting stronger confirmation as it may retrace temporarily to the resistance area.
TVC:AXY
TVC:CXY
FX_IDC:CADAUD
AUDCAD - Long from bullish order block ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective, so I am looking for long. I want price to continue the retracement to fill the imbalance lower and then to reject from bullish order block + institutional big figure 0.89000.
Like, comment and subscribe to be in touch with my content!
AUDCAD - Expect retracement ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: As I expected in my last analysis price rallied up, now I wait price to take liquidity above equal highs and then we could see a retracement to fill that huge imbalance lower.
Fundamental news: This week on Friday will be released Unemployment Rate on AUD. If the result is negative, it will support our idea.
Like, comment and subscribe to be in touch with my content!
AUDCADAUDCAD is trading in descending channel and printing consistent LLs LHs. Recently the price is broken the important support zone and now retesting the broken level, which is also the 50% Fib retracement level.
If the sell momentum continues the next target could be 0.87400 followed by 0.8700 region.
What you guys think of this idea?
AUDCAD Long Term BUYING Trading IdeaHello Traders
In This Chart AUDCAD DAILY Forex Forecast By FOREX PLANET
today AUDCAD analysis 👆
🟢This Chart includes_ (AUDCAD market update)
🟢What is The Next Opportunity on AUDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
AUDCAD - Look for a long ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: Here we are in a bullish market structure from 4H timeframe perspective with clear higher highs and higher lows. I want price to go a little bit lower and then to reject from bullish order block + institutional big figure 0.88000.
Like, comment and subscribe to be in touch with my content
AUDCAD - Potential long ✅Hello traders!
‼️ This is my perspective on AUDCAD.
Technical analysis: As we can see here price changed the character and started to make higher highs and higher lows, so I am looking for long position. I want price to continue the retracement to fill that little imbalance lower and then price to reject from bullish order block + institutional big figure 0.87000.
Fundamental news: On Friday will be released Unemployment Rate in Canada, so pay attention to the result in order to validate the analysis.
Like, comment and subscribe to be in touch with my content!
AUDCAD Long Term Selling Trading IdeaHello Traders
In This Chart AUDCAD DAILY Forex Forecast By FOREX PLANET
today AUDCAD analysis 👆
🟢This Chart includes_ (AUDCAD market update)
🟢What is The Next Opportunity on AUDCAD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts