DONATE & Share Post Your Content On Smart Money Management

Search This Blog

Monday, May 31, 2021

EURCAD H4: BEST Levels to SHORT +200/+250(SL/TP)(SWING)

EURCAD H4: BEST Levels to SHORT +200/+250(SL/TP)(SWING)

EURCAD H4: BEST Levels to SHORT +200/+250(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as SHORT because I expect more
losses after break down of bear flag .

πŸ”Έ Summary and potential trade setup
::: EURCAD 4hour/candle chart review
::: BEAR flag pattern - BREAKDOWN SOON!
::: previously distribution now it\s
::: breaking down
::: BEARS will targets 4850 / 4450
::: short sell any rips/rallies
::: because we are going lower
::: BEARS maintain short-term control
::: 4480 is a required print now BEARS
::: BEARS can short at MARKET NOW
::: hold your shorts (BEARS) until 4480
::: or short sell rallies/rips
::: recommend to seek SELL SETUPS ONLY
::: recommended strategy: SHORT AT MARKET
::: TP1 bears is 4580 TP2 bears is 4480
::: final TP BEARS is 4400
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
πŸ”Έ Supply/Demand Zones
::: 4400 fresh demand zone
::: 4750 fresh supply zone
πŸ”Έ Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS

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.

from TradingView Ideas
via gqrds

No comments: