DeGRAM | AUDCAD double bottomAUDCAD pulled back to the resistance zone that was tested multiple times before.
Price action formed a double bottom, indicating that bears could not push the price further down.
We expect the market to pullback to resistance levels.
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Audcadsignal
AUDCAD 1H shortcurrently looking to sell Auzie cad from the supply zone above.
price created a Choch on the 1H TF..
I'm selling into a Minor structure point unmitigated demand zone.
we will still have a break lower even after theinor structure point, but my target is to take profit at the Minor structure point demand zone due to reversals.
follow for more institutional trading analysis
StefanFX.....
DeGRAM | AUDCAD false break at the resistanceAUDCAD made a false break of the resistance level at 0.8950.
Since the market is in a bearish trend on the daily timeframe, we look for selling opportunities.
Price action is going to either consolidate or retest the support level.
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DeGRAM | AUDCAD resistanceAUDCAD made a lower low, as we predicted in the previous session.
On the daily timeframe, price action rejected a resistance zone at 0.89000.
We expect the price to retest the support levels.
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AUDCAD possible long for 0.9050#audcad, 4th July daily bar is inside bar range confined within the previous bar range. 5th July coiled bar broker inside bar high closed on the high. both bars are dictating strength ahead. 0.9030, 0.9055 and 0.9090 are resistance levels ahead. my view long for target 0.9050.
Audcad bull from SupportHi everyone in the TradingView community. I am Rana Sarmad I like to share and talk about trading strategies. If you are a member of my subscribers list and like my ideas, please don't hesitate to let me know by hitting that Like button and growing my notification count!
We are going to discuss about FX:AUDCAD
We can see a market tested its resistence area in H4 & H1 and now trying to test its support in bigger timeframe.
So we are expecting a little strength near its Support or lower trendline. after this test we will take a Long entry near trendline.
This is my opinion, I really hope this will be useful for you.
This is not a financial advice. Always take trade at your own risk,
Be ready and take care your money. Have a great profit !
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AUDCAD- Analysis Hello traders,
Hope you are having an amazing day and looking towards a profitable week ahead.
AUDCAD analysis shared with the ETGL group is playing out perfectly, anticipating further push to the downside before we make another rally to the highs.
Although we're approaching the end of the month, the market is likely to be more volatile than other days. However, the bias remains intact.
Looking forward to see how this trade plays out.
Good luck & happy trading.
ETGL TEAM 💛
AUDCAD | Perspective for the new weekAUDCAD has straddled a 6.8% price corridor since the start of the year, giving us, at first sight, a bearish bias considering the bearish trendline identified on the daily timeframe. However, the appearance of a reversal structure and breakout out of structure signal on the 4H timeframe; the possibility that price might break out of the bearish trend line the second time to set the tone for a bullish momentum in the coming week.
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