EURCAD H1: BEST Level to SHORT/HOLD +150/+250 pips(SL/TP)(SWING)

26 oct 2022

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EURCAD H1: BEST Level to SHORT/HOLD +150/+250 pips(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as SHORT because 250 pips DUMP still
remains. recommend to SHORT/HOLD IT.

🔸 Summary and potential trade setup
::: EURCAD H1:/candle chart review
::: currently trading near range highs
::: REVERSAL trade setup
::: expecting reversal from overhead S/R
::: SHORT/HOLD after we max out near 3640
::: 250 pips DUMP from my level
::: BEARS will target mid-range at 3480
::: BEARS will take from overhead resistance
::: expecting pullback / re-test of range lows
::: TP1 BEARS is mid-range TP2 BEARS is range lows
::: TP BEARS +150 pips / +250 pips
::: recommended strategy: SHORT/HOLD 3640
::: TP1 bears +150 pips TP2 bears +250 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 3400 fresh demand zone
::: 3640 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS/FINAL PUMP
::: Sentiment outlook mid-term: BEARS/DUMP

RISK DISCLAIMER:
Trading 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.

1 nov 2022

Nota

TP1 HIT +180 PIPS

4 nov 2022

Operación cerrada: objetivo alcanzado

FINAL TP HIT +250 PIPS CONGRATS