AUDCAX trade ideas
AUD/CAD continue with the UptrendOn AUD/CAD, it's nice to see a strong buying reaction at the price of 0.91330 and 0.91140 .
There's a significant accumulation of contracts in this area, indicating strong buyer interest. I believe that buyers who entered at this level will defend their long positions. If the price returns to this area, strong buyers will likely push the market up again.
Uptrend and high volume cluster are the main reasons for my decision to go long on this trade.
Happy trading
Dale
AUDCAD - Looking To Buy Pullbacks In The Short TermH1 - Bullish trend pattern
Strong bullish momentum
Until the strong support zone holds my short term view remains bullish here.
AUD_CAD RESISTANCE AHEAD|SHORT|
✅AUD_CAD has been growing recently
And the pair seems locally overbought
So as the pair is approaching a horizontal resistance of 0.9196
Price decline is to be expected
SHORT🔥
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AUDCAD SHORTGood afternoon traders, I hope you all are having a profitable trading week so far. This is my latest analysis on AUDCAD!!
Let me know what you guys think!
AUDCAD LONGAUDCAD is in a up trend, is making Higher Highs and Higher Lows after retrenchment at fib level 0.382. we will place buy limit order.
AUDCAD Bullish Idea the overall trend is bullish , broke the counter bearish trend and switching back to bullish bias
AUD/CAD Simple Trading Structure/PlansRisk appetite favours AUD in near term.
Easing cycle speeds also help.
Would not be surprised if break is higher on sentiment case.
AUD/CAD For Bullishyou can go long now
or
wait for entry point and then go long
- General Trend is up trend
- Price broke previous resistance at red arrow and may be back to retest it and then go up
have fun :)
AUDCAD is on BULLISH TRENDAUDCAD ,after break its accumulation phase AUDCAD making HHs and HLs ....and exactly retrace on 0.38 value it will bring the trend on 2.618 level smooth ride
AUDCAD 4h I'm on the lookout for a great opportunity to go bullish on AUDCAD, when price retraces back to test the 4h resistance zone.
AUDCAD 4h I'm on the lookout for a great opportunity to go bullish on AUDCAD, when price retraces back to test the 4h resistance zone.
AUD/CADAustralian vs Canadian analysis
1- An ascending price channel on the daily frame
2- A downward trend line on a 4-hour frame
3- The emergence of strong supply and demand areas
Therefore, we wait for the bearish correction to be completed, then start looking for demand areas
AUD/CADAustralian vs Canadian analysis
1- An ascending price channel on the daily frame
2- A downward trend line on a 4-hour frame
3- The emergence of strong supply and demand areas
Therefore, we wait for the bearish correction to be completed, then start looking for demand areas
AUDCAD BUY SCENARIOOkay, in this week, my first pair turned out to be AUDCAD, though there is a chance to sell AUDCAD & earn atleast 50pips,
This trade was decided basing on monthly and weekly orderflow,
for buyers, take your time wait for the price to reach our targeted point in order to enter the trade
Idea on a chart We have a great zone where price could possible go. Lets wait for the Markets to open The zones and charts look good.
