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ProjectSyndicate
Oct 14, 2020 8:10 AM

EURCAD H8: IHS BULLS // buy low TP +400 pips(SL/TP)(NEW) Short

Euro Fx/Canadian DollarFXCM

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EURCAD H8: IHS BULLS // buy low TP +400 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
before reversal later (BULLS).


🔸 Summary and potential trade setup
::: EURCAD 8hour/candle chart review
::: IHS setup in progress right now
::: 5450 LS/RS of the pattern
::: 5280/90 HEAD of the pattern setup
::: focus on buying LOW near 5280/90
::: expecting reversal off the lows
::: BULLS will target re-test of neckline
::: recommend to BUY/HOLD
::: recommended strategy: BUY/HOLD
::: TP BULLS is +400 pips on swing
::: 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
Comments
Liam-Anderson
good job
KrisCraven
Thanks for sharing
Dave-FX-Hunter
always quality setups you provide
jimyb3
Perfect, I agree with this
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