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Audcadforextradingstrategy

AUDCAD SHORT FORECAST Q2 W24 D12 Y25AUDCAD SHORT FORECAST Q2 W24 D12 Y25 Professional Risk Managers👋 Welcome back to another FRGNT chart update📈 Diving into some Forex setups using predominantly higher time frame order blocks alongside intraday confirmation breaks of structure. 💡Here are some trade confluences📝 ✅Weekly 50 EMA ✅Weekly order block rejection ✅Daily order block rejection ✅15’ order block identification 🔑 Remember, to participate in trading comes always with a degree of risk, therefore as professional risk managers it remains vital that we stick to our risk management plan as well as our trading strategies. 📈The rest, we leave to the balance of probabilities. 💡Fail to plan. Plan to fail. 🏆It has always been that simple. ❤️Good luck with your trading journey, I shall see you at the very top. 🎯Trade consistent, FRGNT X
Short
by JCFRGNT
Audcad weekly forex analysis with weekly forex trading strategy AudCad Weekly forex analysis with weekl forex trading strategy from 25th, April, 2022 This pair has a same scenario as the analysis we shared on AudUsd (please check) Fundamentally, Retail sales report from Canada  released on 22,Apr, 2022 saw some median impact effect on the market in the bearish direction. We should be expecting on the 26th, April, 2022, the BOC Governors speech  by 1:55 pm (NGN time) and inflation rate report from Australia on the 27th, April, 2022.  Sentimentally, let’s not forget that AudCad is purely a commodity based pair and for the meantime as Oil prices are still on the High demand with Canada being the third largest exporters, we could see some appreciative rise in Cad against the Aud   Technically, Just as we have in Aud usd, (please refer). Price is approaching from a weekly supply zone as shown and price has broken and closed below the moving average creating an unmitigated zone  on the 4hr chart around 0.9255 . I would be watching if price would react to that supply zone to be mitigated to take a short trade on the AudCad and hold till price reaches for the daily Demand zone around 0.8896.  Let’s go take some risk, let’s go make some money. As always, your comments and ideas are very much appreciated and welcomed.
Short
by MillionaireLogistics