{"id":12768,"date":"2022-11-08T08:16:31","date_gmt":"2022-11-08T08:16:31","guid":{"rendered":"https:\/\/tradingshot.com\/?p=12768"},"modified":"2023-05-16T08:18:38","modified_gmt":"2023-05-16T08:18:38","slug":"audcad-rebounding-with-the-1d-ma50-being-the-key-to-a-break-out","status":"publish","type":"post","link":"https:\/\/tradingshot.com\/index.php\/2022\/11\/08\/audcad-rebounding-with-the-1d-ma50-being-the-key-to-a-break-out\/","title":{"rendered":"AUDCAD Rebounding with the 1D MA50 being the key to a break-out."},"content":{"rendered":"<p>&nbsp;<\/p>\n<p>The AUDCAD pair has on a 2 day rebound after the pull-back on the 1D MA50 (blue trend-line) rejection on October 27. This couldn&#8217;t have validated better our previous analysis on September 20:<\/p>\n<div class=\"tv-embeded-image\"><a class=\"js-embeded-chart-image tv-embeded-image__link\" title=\"AUDCAD Still bearish unless this level breaks\" href=\"https:\/\/www.tradingview.com\/chart\/AUDCAD\/Zy0Dlo7x-AUDCAD-Still-bearish-unless-this-level-breaks\/\" target=\"_blank\" rel=\"noopener\"><img decoding=\"async\" class=\"js-image-lazy-load\" src=\"https:\/\/s3.tradingview.com\/z\/Zy0Dlo7x_big.png\" alt=\"AUDCAD Still bearish unless this level breaks\" \/><\/a><\/div>\n<p>As you see, the 1 year Lower Lows Zone is holding and as long as it does, the price should push for a new Lower High or at least a 1D MA200 (orange trend-line) test. Practically, we can only trade this based on how the 1D MA50 pivots. A 1D closing above the 1D MA50 would be a bullish break-out signal targeting the 1D MA200, while a further closing above it, would target the 1W MA300 (red trend-line) that had its most recent test on April 05.<\/p>\n<p>At the same time, the more the price fails to close above the 1D MA50, the stronger of a Sell Signal it becomes, targeting the 1 year Lower Lows Zone.<\/p>\n<p>Tradingview link:<\/p>\n<p><a href=\"https:\/\/www.tradingview.com\/chart\/AUDCAD\/vY9oaWuH-AUDCAD-Rebounding-with-the-1D-MA50-being-the-key-to-a-break-out\" target=\"_blank\" rel=\"noopener\">https:\/\/www.tradingview.com\/chart\/AUDCAD\/vY9oaWuH-AUDCAD-Rebounding-with-the-1D-MA50-being-the-key-to-a-break-out<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"<p>&nbsp; The AUDCAD pair has on a 2 day rebound after the pull-back on the 1D MA50 (blue trend-line) rejection on October 27. This couldn&#8217;t have validated better our previous analysis on September 20: As you see, the 1 year Lower Lows Zone is holding and as long as it does, the price should push<\/p>\n","protected":false},"author":611,"featured_media":12769,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"footnotes":""},"categories":[1637],"tags":[],"class_list":["post-12768","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-forex"],"_links":{"self":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12768","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/users\/611"}],"replies":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/comments?post=12768"}],"version-history":[{"count":2,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12768\/revisions"}],"predecessor-version":[{"id":12771,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/posts\/12768\/revisions\/12771"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media\/12769"}],"wp:attachment":[{"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/media?parent=12768"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/categories?post=12768"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/tradingshot.com\/index.php\/wp-json\/wp\/v2\/tags?post=12768"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}