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Monday, April 26, 2021

USDCAD H16: BEST Level to SHORT IT TP +165 pips(SL/TP)(NEW)

USDCAD H16: BEST Level to SHORT IT TP +165 pips(SL/TP)(NEW)

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USDCAD H16: BEST Level to SHORT IT TP +165 pips(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect more losses.


πŸ”Έ Summary and potential trade setup
::: USDCAD 16hour/candle chart review
::: distribution in range
::: price contained within sliding channel
::: BEARS maintain control expect more losses
::: right now expecting losses TP BEARS 2300
::: BEARS can short into rips/rallies or
::: SHORT/HOLD at market
::: best ENTRY near 2500/2540
::: this week expecting more losses
::: SHORT/HOLD and get paid
::: best level is near 2500/2540
::: get ready to SHORT HIGH
::: BEARS will target re-test 2300
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: TP BEARS is 2300 +165 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
πŸ”Έ Supply/Demand Zones
::: 2300 fresh demand zone
::: 2500/2550 fresh supply zone
πŸ”Έ Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS

RISK DISCLAIMER:
Trading Crypto, Futures , Forex, CFDs and Stocks involves a risk of loss.
Please consider carefully if such trading is appropriate for you.
Past performance is not indicative of future results.
Always limit your leverage and use tight stop loss.



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