What do you think about AUDCAD right now — buy or sell?
AUDCAD is still in a downtrend on the 6H chart. Price remains below the descending trendline, and the last two tests were rejected. So far, the structure hasn’t changed.
I’m watching the 0.9880–0.9900 area. The trendline runs through this zone, with the Ichimoku cloud sitting just above it. If price rebounds, this is where I want to see how sellers react.
Rather than chasing a short around 0.9840, I’d rather wait for a pullback toward 0.9880–0.9900. If price gets rejected there again, I’ll be watching 0.9750–0.9770 as the next downside target.
What about you — are you buying or selling AUDCAD?
Not financial advice. Trade safe and good luck!
AUDCAD is still in a downtrend on the 6H chart. Price remains below the descending trendline, and the last two tests were rejected. So far, the structure hasn’t changed.
I’m watching the 0.9880–0.9900 area. The trendline runs through this zone, with the Ichimoku cloud sitting just above it. If price rebounds, this is where I want to see how sellers react.
Rather than chasing a short around 0.9840, I’d rather wait for a pullback toward 0.9880–0.9900. If price gets rejected there again, I’ll be watching 0.9750–0.9770 as the next downside target.
What about you — are you buying or selling AUDCAD?
Not financial advice. Trade safe and good luck!
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- Signals & setups to boost your edge
- Free trading plans to follow
- Real-time market insights
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LEVEL UP YOUR TRADING
👉 t.me/+-HowPr1J4k03NGY1
- Signals & setups to boost your edge
- Free trading plans to follow
- Real-time market insights
👉 t.me/+-HowPr1J4k03NGY1
- Signals & setups to boost your edge
- Free trading plans to follow
- Real-time market insights
相關出版品
免責聲明
這些資訊和出版物並非旨在提供，也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。