DeGRAM | AUDCAD in consolidationAUDCAD rebounded multiple times from the psychological level of 0.89000. Price is trading above it.
The market created a bullish flag pattern on the 4-hourly chart.
It is consolidating, meaning the price is coiling up before extension.
We anticipate the continuation of the current trend.
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Audcadsignal
DeGRAM | AUDCAD created AB=CD moveAUDCAD rebounded from the resistance and 127.2% fibo extension levels.
Price created an equal measured move, or AB=CD pattern.
On the D chart, the market pulled back from the 61.8% fibo golden zone and 0.89500 resistance.
We expect the price to retest at least 32.8% of the fibo retracement level.
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AUDCAD→ Day Analysis | BUY SetupFeb 26
Hello Traders, here is the full analysis.
Price reversal going up, levels for BUY . AUDCAD long
! Great BUY opportunity AUDCAD
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DeGRAM | AUDCAD fibo golden zoneAUDCAD created the selling opportunity at resistance at the 61.8% fibo level.
Price action is making lower lows and lower closes, indicating bear dominance.
The market is printing the bearish, engulfing candle, absorbing previous candles.
We expect a continuation of trade and a test of the support level.
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AUDCAD I Potential intraday short from top of the channel Welcome back! Let me know your thoughts in the comments!
** AUDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
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DeGRAM | AUDCAD target for short from confluenceAUDCAD moved out in the ascending channel. The market is consolidating on the 4-hourly chart.
Price is likely to move down from the confluence zone: the resistance + 127.2% fibo extension level and bearish harmonic pattern.
We expect a pullback from the resistance level and the continuation of the consolidation.
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AUDCAD - SHORT & LONG ENTRY - 1H - Application of DOW TheoryAUDCAD Charts shows a Complex pattern in which it frequently changing trends after a small time interval. So it will be suggest to take two positions a small SHORT entry which will be hit in few hours or take LONG entry which will take more than 20 hours.
Hope this helps you.
Happy Trading
DeGRAM | AUDCAD oppportunity to short the marketAUDCAD broke and closed below the psychological level at 0.8800 which became resistance.
The market is making low lows and lower closes in the descending channel, an indication of bear dominance.
Price action is likely to move down from the fibo cluster.
We expect a trend-continuation trade since we have a bearish trend and divergence at the border of the descending channel.
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AUDCAD Short IdeaHey guys! Its your girl Forex Potatoes. We have a signal for AUDCAD, currently we can see that audcad has been in a consistent downtrend for a long time and we can see a third touch and divergence on 30 mins time frame.
Confluences:
Downtrend on 4H downtrend,1H downtrend and 30mins Downtrend
RSI: Currently overbought
4H Bearish engulfing candlestick, 30 Mins and 1HR candlestick
Price below 50EMA
DeGRAM | AUDCAD trend continuation oppportunityAUDCAD is retracing back from the support level.
The market created the selling opportunity at resistance and a 50% fibo level.
Price action is making lower lows and lower closes on the 4-hourly chart.
We expect a breakout pullback and continuation trade.
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AUDCAD,🟢Bullish scenarios🟢 (Read the caption)
Well, the price reached the extreme demand zone in the daily chart.
As you can see the price created the liquidity pool above the demand zone and had a bullish reaction after sweeping the liquidity and hitting the demand zone.
Now, we can expect two different scenarios for uptrend.
1. The price can start rising from here because it hit an important level and had a bullish reaction.
2. The price can re-test the lower demand zone that is clear and untouched.
In both scenarios, we can define the previous high as a first target and the liquidity above equal highs as a final target.
💡Wait for the update!
🗓️31/01/2024
🔎 DYOR
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DeGRAM | AUDCAD target for short from psychological levelAUDCAD is testing the psychological level at 0.89000 in the ascending channel.
The market is consolidating on the 4-hourly chart, following the bearish move.
Price is likely to move down from the kill zone since the market is consolidating.
We expect a pullback from the resistance level and the continuation of the consolidation.
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AUDCAD H4 / PERFECT OB RETRACEMENT / OBBULLISH MOVE ACTIVE✅Hello Traders!
This is My idea related to AUDCAD H4. A very nice retracement from the OB, I expect a strong bullish move until the OB at the price of 0.89600.
Traders, if you liked my idea or if you have a different vision related to this trade, write in the comments. I will be glad to see your perspective.
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AUDCAD I Intraday buy from support Welcome back! Let me know your thoughts in the comments!
** AUDCAD Analysis - Listen to video!
We recommend that you keep this pair on your watchlist and enter when the entry criteria of your strategy is met.
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
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7 Dimension Analysis for AUDCAD 😇 7 Dimension Analysis
Time Frame: H4
1️⃣ Swing Structure: Bullish
🟢 Structure Behavior: Break of Structure (BoS)
🟢 Swing Move: Impulsive
🟢 Inducement: Done
🟢 Internal Structure: Also bullish
🟢 Decisional FVG liquidity: Mitigated, Making a prebreak out Buildup
🟢 Traps: Fakeout done at the top, grabbed all the swing liquidity from lower side
2️⃣ Pattern
🟢 CHART PATTERNS: Continuation Ascending Triangle
🟢 CANDLE PATTERNS: This is a consolidation area; no valid candle pattern is observed. We will check our candle patterns at the breakout or market opening
3️⃣ Volume
🟢 We need a deep observation of volume on the breakout
🟢 less than the previous move
4️⃣ Momentum RSI
🟢 Zone: Sideways
🟢 Range shift: Bullish to sideways
🟢 Divergence: A bearish divergence is here, but it's weak
5️⃣ Volatility Bollinger Bands
🟢 High level of contraction
🟢 Various Band Punchers on the upper band, but they don't follow up the signal
6️⃣ Strength According to ROC
🟢 Values: AUD is 7.01 vs CAD 3.02
7️⃣ Sentiment
When we mix up all the parameters, there is a high chance the price can go up during the coming sessions, so we need to seek buy entries during the week
✔️ Entry Time Frame: H4
✅ Entry TF Structure: Sideways as internal
☑️ Current move: Impulsive sideways
✔ Support resistance base: Fixed range volume POI
☑️ Candles Behavior: Nothing is clear
💡 Decision: We need to wait for the price to break the upper level or come downside to our POI area, then we can buy this pair
🚀 Entry: 0.8980
✋ Stop Loss: 0.8925
🎯 Take Profit: 0.9150
2nd If Internal Structure changes also Exit 3rd Trendline Breakout, Fomo
😊 Risk to Reward Ratio: 3.1
🕛 Expected Duration: 7 days
SUMMARY: The analysis indicates a bullish stance with a well-defined structure and pattern, though the candle patterns are not clear at the moment. The decision suggests waiting for a breakout or a move to the POI area for a buy entry, considering potential internal structure changes and trendline breakouts.
DeGRAM | AUDCAD trend continuation oppportunityAUDCAD broke and closed below the psychological level at 0.9000 that became resistance.
The market is making low lows and lower closes in the descending channel, an indication of bear dominance.
Price action is likely to move down from the kill zone, psychological level, and 38.2% fibo retracement level.
We expect a trend-continuation trade.
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AUDCADAUDCAD long term view is bullish where we expect price to grow from the current moment and there are three possible three target, possible of reaching all target duration will be by end of the January. Reason for buying is totally based on technical side of the market and charts does show strong bullish bias. Like and Comment ;)
DeGRAM | AUDCAD target for short from confluenceAUDCAD is moving in the ascending channel. The market is consolidating on the 4 hourly chart.
Price is likely to move down from the confluence zone: the resistance + 88.6% fibo and bearish harmonic pattern.
We expect a pullback from the resistance level and the continuation of the consolidation.
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DeGRAM | AUDCAD confluence levelAUDCAD made pullback following the divergence at support.
Price created confluence at resistance level and 50% fibo level.
Price action made lower low and lower close indicating trend shift on the 4h chart.
We expect a retest of the confluence zone and a continuation of the bearish move.
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