USDCAD H2: REVERSAL setup / BUY LOW TP +300 pips (SL/TP)(SWING)

26 thg 10, 2022

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USDCAD H2: REVERSAL setup / BUY LOW TP +300 pips (SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as LONG as I'm expecting a
REVERSAL sequence in this market.

🔸 Summary and potential trade setup
::: USDCAD 2hour/candle chart review
::: speculative REVERSAL setup in progress
::: expecting more downside in this market
::: short-term before reversal later from S/R
::: KEY REVERSAL ZONE: 3420-3460
::: recently price contained within range
::: recommend to BUY LOW after sell off
::: recommended strategy: / BUY LOW 3420/3460
::: expecting throwback inside range 3700
::: lower risk strategy: buying after DUMP
::: SL 60 pips TP1 3700 TP2 3800 +300/400 pips
::: this is lower risk / recommend to BUY PRZ
::: TP BULLS is +300-400 pips (range highs final TP)
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BULLS/REVERSAL

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.

26 thg 10, 2022

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