Expecting this 4hr fvg to hold and take the high. Waiting for additional confirmation on the lower time frame to confirm
LOOKING FOR SELL opportunities on after the break of the previous low , until that happens ill sit on my hands n wait
Hello friends In the AUDCAD currency pair, we see the formation of a 3-wave pattern. In counting Elliott waves, these 3 waves are considered either a zigzag pattern or 3 out of 5 impulse waves. Therefore, there is a need for price correction in both cases. Microwaves of wave 3 or C are clearly formed, except for its 5th wave. Therefore, we are currently waiting...
All 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.
The pair starts feeling heavy, and the chances of lower GOLD price and steady OIL at the lower level,s may push it through the GANN support 0.9020 area. The AO also is negative, helping the strategy work perhaps. Strategy SELL @ 0.9010 - 0.9035 and place SL above 0.9065. Profit order @ 0.8907.
Based on the bullish flag pattern and Elliott Wave analysis on the AUD/CAD pair's 4-hour timeframe, there seems to be a potential opportunity for a buying position. The bullish flag suggests a continuation of the previous uptrend, while the Elliott Wave count indicates the formation of the 12345 impulse wave sequence. This convergence of patterns could signal a...
AUDCAD current trend is bullish, sentiments 91% bearish, bearish divergence, break of lower line of bullish channel and retested, so there is possibility for reversal, trade plan mentioned on the chart.
All ideas are strictly my interpretation of price action. I am not a professional trader nor is this professional advice.
Market Structure Bullish on HTF Both Weekly and Daily at same AOi Weekly Rejection at AOi Daily Rejection at AOi Around psychological Level Daily Previous Structure Point H4 EMA Retest Candle stick Rejection SOS 1:4.55% Entry Signal 100% A REMEMBER: Trading is a Game Of Probability : Manage Your Risk : Be Patient ...
Hello traders, we want to check the AUDCAD chart. The price has reached the specified resistance level after an upward movement. We expect this level to stop the upward trend of the price and the price will fall to around 0.89800. Good luck
AUDCAD is currently trading in descending triangle and it is expected to break down, we will take short entry after the break of pole low keeping the stop loss at the high of pole.
Watch price action on lower timeframe for sells. Price trades on a daily Orderblock
All 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.
AUDCAD has completed the ABCD reversal pattern, a bearish divergence has formed, waiting for breakout of HL for a trend reversal. Therefore, a sell stop placed just below the previous HL.
We can observe completion AB=CD. At PRZ we can observe divergence so we can take entry at the break of LH .
A #short trade opportunity recently presented itself on the #aussieloonie (#AUDCAD) #trading chart 📉. This is indicated by the #bearish engulfing candlestick 🕯️ pattern just below the 0.90717 horizontal resistance level. This indicates a rejection of the same level, with potential price move in the downward 👇 ⬇️ direction (#sell). Sufficient downward momentum...