Audcadanalysis
AUDCAD - buy after Preconditions:
- key level;
- accumulation;
- wait for grown;
You will learn the best place where we can trade this instrument at low risk.
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P.S. I personally will open entry if the price will show it according to my strategy.
Always make your analysis before a trade
AUDCAD Facing Great BEARISH Pressure!!!After a movement to the 461.8% fib level, we start to see BULLISH candle weakening with longer wicks. With this movement it brings us to the next price level for AUDCAD which I strongly believe a BEARISH retracement will occur before further BULLISH movement. With that, tomorrow's candle must be a strong BEARISH candle engulfing this candle showing a fakeout from the resistance level @0.9785. As of now, I will be BEARISH for this pair as I do not see any form of BULLISH continuation for now.
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{UPDATE} AUDCAD BEARISH Pressure Building...Previously, AUDCAD did not go our way after a BULLISH close to our confirmation candle. As mentioned in my previous analysis, we were expecting a BEARISH movement to take place after the 361.8% level being reached. It went higher than expected testing the resistance level 0.9785 price level. Overall, I am expecting a BEARISH movement to take place soon.
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AUDCAD Analysis Hey traders, here is the analysis for the AUDCAD. NOTE - Please do your own analysis before taking the trade. Let me know if you guys have any questions in the comment section. If you guys like my analysis please hit like. Thanks.
AUDCAD Falling From Here...We managed to see a 361.8% fib movement with a clean rejection and price is currently on a BEARISH momentum. I will be expecting a movement towards 1.618 fib level where there is also a support level @0.9606. I have identified this area as my demand zone. Looking at the daily candle, my confirmation candle has already triggered giving us a good short opportunity!!!
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AUDCAD PROTENTIAL SELLWITH THID TRADE,I BELIEVE AUDCAD WILL FALL TO THE LOWEST BRIM.JOIN THE WINNING TEAM
AUDCAD - accumulationAccumulation in a wide range.
there was a bear trap.
Now I see an exit from the range.
There is no hurry. we are waiting for the exit from the range.
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AUDCAD - 4H is finally making a move for a possible LL.4H - its been a week that ACAD is looking to form LH and we are at major zone where it could reject the heavy volume of buyer. Our first sign of sellers is on 15m.
15m-Double top + Breakout of the trendline + Break of structure making a LL. Right now waiting for the LL to LH move and take a short.
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Sam
AudCad- drop of 250+ pips to follow?For the past 6 months or so, AudCad traded in a range between 0.97 and 0.93 (more or less). Now the pair just made the first leg down from the top of the range and I expect this drop to continue.
Sell rallies is my strategy and 0.9520-0.9550 should provide a good sell zone.
My outlook is bearish as long as the pair is under 0.9650 on a daily close bases
AUDCAD This is AUDCAD 4H timeframe analysis, i'm expecting the market to go to the downside for an retracement before it'll start the move to the upside.
