Audcadlong
AUDCAD ON A CHANNEL// DAILY TIME FRAME AUDCAD
The price is currently on a channel on a daily chart and I consider that the price will respect the purple line and go back up again to touch the red dotted line near level 0.96263.
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El precio esta de momento en un canal en la temporalidad diaria y considero que el precio respetara la zona morada punteada como un piso y volverá a subir para tocar la linea punteada roja y la linea de tendencia morada cerca del nivel 0.96263.
AUD/CAD Technical Analysis
The counter is currently trading around a strong resistance zone that triggered a sell-off previously.
According to the wave, it has now completed the ABC correction for the down move it made.
Further, the entire setup looks like a head and shoulder in the higher timeframes.
Hence, we expect the pair to move down from here.
AUD/CAD 19.09.2020Open Position: Buy 0.95778 (valid until 25.09.20)
Take Profit: 0.96437
Stop Loss: 0.95119
AUD_CAD STRUCTURE LONG|TRADING PLAN
BIG picture
AUD_CAD IS TRYING TO BREAK THE RESISTANCE BEING IN A TRIANGLE AT THE CHANNELS END|
(1) Either wiggle in the triangle OR straight upwards.
(2) After breakout>>> LONG after pullback.
(3) Targets on the chart.
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audcadthis might be a resistant for audcad let's hope if it rejects the trend line or keep moving up.
AUD/CAD Channel trade ?A little weirder channel trade but it can be called that. you can definitely put a sell order at 0.96500, plus it has a very obvious M formation. But if it breaks through and closes above 0.96600 area, we go for a different strategy, or you long.
AUDCAD LONG PRICE ACTION FORECAST The price action has found support from the ascending trendline, leading to an uptrend bias. Now, expecting a retest before bullish continuation is feasible to place a long entry at the confluence zone. The ascending trendline meets the supply zone and encounters the Fibonacci level 6.18 for the entry-level.
The order:
Type: buy-limit
S/L: 22 pips - R:R | 1:2.5 -
T/P: previous resistance level
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AUDCAD LONG- Creating new higher highs and higher lows
- Weak CAD
- Cross of 50/200MA
- Pullback to 0.786 FIB and 50MA for entry
update on AUDCAD Long TradeHey guys, this is the update on the AUDCAD long trade that I forecast on Sep 9. Check that forecast below. Please hit like if you guys like my analysis and follow for more analysis. Thanks.
AUDCAD - Day trade signal by Keltner 10 Sep 2020* The signal are tested in 3,5 years. Winrate stability over 52% every year.
Risk: 1%.
* Tradingview's backtest time ~ 3.5 years/Premium account, differs between currency pairs (Cryto is the default backtest time is shorter because the market is open both Saturday and Sunday: about 2 years)
- Base on order: 2 ways to enter or combine both.
Method 1
+ Keltner channel: the price closed above or below Upper / Lower Keltner for signal 1. Wait for the price to adjust to the Basis line, then enter the order.
Method 2
+ Keltner channel: price closes above or below Upper 2 / Lower 2 Keltner gives signal 1. Wait for the price to adjust to Upper / Lower line, then enter the order.
Method 3: combine both, priority 1 if satisfied conditions
+ Pivot option: appear rising signal: Higher High / Higher Low. Decline signal: Lower Low / Lower High for signal 2.
- When the above conditions are met, the Indicator shows a Buy / Sell signal according to the trend.
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- Stoploss: Calculated from the entry point + - actual fluctuation by the formula ATR (20) * risk ratio (risk).
- Profit: Calculated from the entry point of the command + - actual oscillation using ATR formula (20) * reward ratio (reward).
- Profit: Look the Summary below.
- Should be backtest 3 Years (long term), each Year (medium term) and Quarter or 6 months (short term). If each year the success rate is always more than 50%, can be used for actual trading.
Locked on Target! AUD/CAD Buy Set upI just placed a buy trade on AUDCAD earlier today. So far, price is looking to hit one of my target profit lines.
AUDCAD Long Trade PlanHey 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 - SWING - 08. SEPT. 2020Welcome to our weekly trade setup ( AUDCAD )!
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1 HOUR
Very bullish pressure above main sr level.
4 HOUR
Overall bullish waving market structure, good long entries!
DAILY
Expecting prices to move towards previous week highs.
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FOREX SWING
BUY AUDCAD
ENTRY LEVEL @ 0.95490
SL @ 0.94950
TP @ 0.96330
Max Risk. 0.5% - 1%!
(Remember to add a few pips to all levels - different Brokers!)
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Have a great week everyone!
ALAN
AUDCAD possible reversal at 0.618 price hit 0.618 fibs and holding above looks good here
need more volume and good bounce from this zone for trade
