LONG AUDCADFalling wedge developed, looking at potential breakout at .90940ish looking to head toward Feb high of .99908 Pretty new to this so don't take my advice haha, just throwing out an idea. All comments welcome positive and negative, I don't take these things personal by AZKozel0922110
AUDCAD - Bearish Channel BreakoutAUDCAD's downward momentum has stalled on historical support as AUD news approaches. Watch for a break of the upper channel with conservative targets given the possibility of a non-directional volatility over the news release.by fugutrader1
AUDCAD Short Opportunity Overall Trend: The price is in a downtrend, indicated by the sequence of lower highs and lower lows. Moving Averages: The 50-period Simple Moving Average (SMA) (red line) is above the current price, suggesting bearish momentum. The 200-period SMA (blue line) is also above the current price, reinforcing the bearish trend. Bearish Wedge: The price broke down from a rising wedge pattern, indicating a potential continuation of the downtrend.Shortby Metow1sw4
IDEA AUDCAD SHORT POSITION Pair : AUDCAD Position : SHORT ( SELL ) Entry Price : 0.90050 STOP LOSS @ 0.90300 TP 1 @ 0.89700 TP 2 @ 0.89425 TP 3 @ 0.89000 ( Trailing SL )Shortby hamidTrader213
100 Win Bet for the sale of AUDCADWe can see a prefect SMC structure here. Price has swept, Broken structure , created IDM and have taken the IDM out. Breaking the bearish breaker block whereby giving us a solid sell entryShortby watfx2
100 Win Bet for the sale of AUDCADWe can see a prefect SMC structure here. Price has swept, Broken structure , created IDM and have taken the IDM out. Breaking the bearish breaker block whereby giving us a solid sell entryShortby watfx1
AUDCAD to fallI believe there is a rising wedge pattern found on 1hr chart. if it breaks the bottom trend line I will enter Short (so will have to wait for the confirmation) Daily chart almost rejecting SMA 100 Daily resistance area around 90100 - 90600 Volume is also dropping. So this is my short with 1:1.5 watch out for the news :DShortby MightyHulk1
AUDCAD SHORTRe-analysis as price created new structure Market structure bearish 30 Entry at Both Daily and Weekly AOi Weekly Rejection at AOi Previous Weekly Structure Point Daily Rejection at AOi Previous Daily Structure Point Around Psychological Level 0.90000 Candlestick rejection Y Rejection from Previous h4 structure Levels 5.18 Entry 105% REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Christ is King Linked previous IdeaShortby mobbie_zwUpdated 2226
Bearish drop?AUD/CAD is rising towards te pivot nd could could reverse to the pullback support. Pivot: 0.90381 1st Support: -.89057 1st Resistance: 0.90834 Risk Warning: Trading Forex and CFDs carries a high level of risk to your capital and you should only trade with money you can afford to lose. Trading Forex and CFDs may not be suitable for all investors, so please ensure that you fully understand the risks involved and seek independent advice if necessary. Disclaimer: The above opinions given constitute general market commentary, and do not constitute the opinion or advice of IC Markets or any form of personal or investment advice. Any opinions, news, research, analyses, prices, other information, or links to third-party sites contained on this website are provided on an "as-is" basis, are intended only to be informative, is not an advice nor a recommendation, nor research, or a record of our trading prices, or an offer of, or solicitation for a transaction in any financial instrument and thus should not be treated as such. The information provided does not involve any specific investment objectives, financial situation and needs of any specific person who may receive it. Please be aware, that past performance is not a reliable indicator of future performance and/or results. Past Performance or Forward-looking scenarios based upon the reasonable beliefs of the third-party provider are not a guarantee of future performance. Actual results may differ materially from those anticipated in forward-looking or past performance statements. IC Markets makes no representation or warranty and assumes no liability as to the accuracy or completeness of the information provided, nor any loss arising from any investment based on a recommendation, forecast or any information supplied by any third-party.Shortby ICmarkets8
AUDCAD SELL IDEAOANDA:AUDCAD The Weekly, Daily and 4H are bearish making my bias bearish. We have a rejection at Daily Resistance with entry based on a 4h bearish engulfing candlestick.Shortby The_Pip_Trader3
AUDCADAUDCAD is in bearish trend with no divergence at bottom and testing its 0.5-0.618 fib and showing bearish candles short with risk define mentioned in charts Shortby Trade_WithOsama4
AUDCAD BEARISH SIGNAL!!!!!audcad bearish in daily timeframe audcad bearish in daily timeframe audcad bearish in daily timeframe audcad bearish in daily timeframe Shortby HMPTRADE3
AUDCAD - Intra news tradeShort-term trade between 2 mid-impact news releases. AUDCAD was walking along support and is now consolidating in the shorter time frame. There are defined support and resistance levels that it will likely want to test.by fugutrader110
AUD/CAD is Heading Down Soon U Can Enter Now the pair is moving downwards strongly and gave us this amazing down wave around the fib levels Short01:23by Forex_Wealth_Factory4
AUD/CAD SHORTAUD/CAD SHORT "break of structure + 72%fib retracement + supply area"Shortby elyes_hantous116
AUDCAD - SellI’ve initiated a sell trade for AUDCAD, targeting the 0.89258 level. The charts shows a pattern of significant fluctuations, with the price currently positioned for a potential decline towards this support level. Using a strategy I’ve carefully developed, I anticipate downward movements, with the price likely to oscillate but ultimately trend downwards to 0.89258 over the next few weeks. This target is long overdue. It's coming! Shortby GlobalHornsUpdated 9
AUDCAD SHORTMarket structure Bearish on HTFs 30 Entry at Both Daily and Weekly AOi Weekly Rejection at AOi Previous Weekly Structure Point Daily Rejection at AOi Previous Daily Structure Retest Around Psychological Level 0.90500 H4 EMA retest Candlestick rejection Rejection from Previous structure Levels 1:5.11 Entry 120% REMEMBER : Trading is a Game Of Probability : Manage Your Risk : Be Patient : Every Moment Is Unique : Rinse, Wash, Repeat! : Christ is KingShortby mobbie_zwUpdated 227
AUDCAD - Triangle Breakout approaching NewsAUDCAD consolidating after some high volatility whipsawing. AUD and CAD news is approaching so may see some volatility prior to the release as traders position themselves based on predictive sentiment and then a recurrence after the news as they factor in reality if not in synch. There is a high likelihood of fake-break and returns to the pattern given the extreme range of opinions displayed through the recent previous breakout-and-reversal.by fugutrader1
Possible AUDCAD, Bearish Moveprice on downtrend, with CHOCH on the daily, and 4hr also having BOS. price on a pull back to a sell zone to possibly continue the bearish movement. Remember: Risk Management Very Important.Shortby habinel115
trend followingthe sellers are in control as the price is making a series of lower lows and lower highs also the breakout and retest is the entry point, there's a high chance that the market will continue trending down. bullish candlestick is our sign to sell the marketShortby StarleXtheTrader4
AUD/CAD - Bearish CampaignThe breakdown below the key-level support of 0.9034 strongly suggests that price action is on the move to the next big support level at 0.8860. We're taking a short position on the pair. Shortby BulletproofTradersUpdated 441
AUDCAD | Hidden Bearish Divergence The AUDCAD chart shows the formation of a Hidden Bearish Divergence, indicating that the current uptrend may soon reverse into a downtrend. Additionally, there is high-impact CAD news today with the release of the CPI data. On the chart, there is also the formation of parallel channels. We expect these channels to break soon, supported by the confirmation of the Hidden Bearish Divergence. In summary: 1: Hidden Bearish Divergence: Indicates a potential reversal from an uptrend to a downtrend. 2: High-Impact CAD News: The release of CPI data today could significantly influence the price. 3: Parallel Channels: The chart shows parallel channels, and a breakout is anticipated soon. These factors together suggest a potential shift in the trend, but it's crucial to monitor the news and conduct thorough analysis before making any trading decisions.Shortby awaisulabdeenUpdated 116
AUD/CAD SHORT AUD/CAD SHORT "break of structure + 72%fib retracement + supply area + 50 ema dynamic resistance "Shortby elyes_hantousUpdated 2210