USDCAD H2: BEST Level to BUY/HOLD +150/+250 pips(SL/TP)(IHS)

Dec 27, 2022

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USDCAD H2: BEST Level to BUY/HOLD +150/+250 pips(SL/TP)(IHS)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as LONG because I expect reversal
bounce near 3440 DO NOT MARKET BUY NOW

🔸 Summary and potential trade setup
::: USDCAD 4hour/candle chart review
::: speculative IHS setup in progress
::: BUY LOW bounce play neckline re-test
::: SPECULATIVE SETUP / do your own due dill
::: for best results BUY/HOLD 3440
::: TP1 +150 pips TP2 +250 pips
::: BULLS BUY/HOLD and exit at 3680
::: expecting BOUNCE play near 3440
::: HIGHER RISK: MARKET SHORT NOW
::: TP BEARS is 3440 +100 pips from here
::: recommend to BUY/HOLD TP1 +150 TP2 +250
::: recommended strategy: BUY/HOLD 3440
::: final TP BULLS 3680 neckline re-tests
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 3440 fresh demand zone
::: 3680 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/final FLUSH
::: Sentiment mid-term: BULLS/reversal/3440

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.

Dec 27, 2022

Note

GBPCHF H4: +150/+300 pips Best Level to SHORT/HOLD (SL/TP)