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Jan 25, 2023 9:43 AM

NZDCAD H1: SHORT IT TP +50/+150 pips (BEARS/SL/TP)(NEW)ย Short

New Zealand Dollar/Canadian DollarFXCM

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NZDCAD H1: SHORT IT TP +50/+150 pips (BEARS/SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect REVERSAL from
overhead resistance near 8740


๐Ÿ”ธ Summary and potential trade setup
::: NZDCAD 1hours/candle chart review
::: short from overhead resistance
::: almost maxed out right now
::: expect decent/strong correction
::: BEARS seek to SHORT RIPS/BOUNCES
::: +150 downside from key S/R overhead
::: speculative BEARISH setup
::: recommended strat: SHORT from 8740/8760
::: reversal setup BEARS speculative C&H
::: BEARISH outlook mid-term
::: TP bears is +50 +150 pips
::: TP1+50 TP2 +150 pips
::: excellent risk:reward on sell side
::: BEARS: SHORT IT from overhead
::: or see lower risk strat above
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
๐Ÿ”ธ Supply/Demand Zones
::: N/A
::: N/A
๐Ÿ”ธ Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS/final PUMP
::: Sentiment outlook mid-term: BEARS/CORRECTION

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.

Comment

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GBPNZD H4: TP +900 pips // H*S pattern // BUY HOLD(SL/TP)

Comment

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GER30 D1: BEST Level to SHORT IT +1500/+2000 points(SL/TP)(NEW)
Comments
TradingShot
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Very professional piece of work! Get a grasp of our content below:
Babenski
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Great pattern and imagination
linofx1
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Good trading idea
TheNewsCrypto
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Perfect Move
P_S_trade
โ‹…
Nice work
SpartaBTC
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I think that such a price pullback is possible.
TheTradersAvenue
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Great stuff mate!thanks
VasilyTrader
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Thank you for posting this idea.
UnitedSignals
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I love it
MonoCoinSignal
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Interesting insight
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