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ProjectSyndicate
Nov 23, 2022 10:30 AM

USDCAD H2: BEST Level to SHORT/HOLD +150/+250 pips(SL/TP)(WAVES) Short

U.S. Dollar/Canadian DollarFXCM

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USDCAD H2: BEST Level to SHORT/HOLD +150/+250 pips(SL/TP)(WAVES)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as SHORT because I expect reversal
dump play in wave5 now


🔸 Summary and potential trade setup
::: USDCAD 2hour/candle chart review
::: speculative 5 waves sequence
::: SHORT HIGH for final wave 5 DUMP
::: SPECULATIVE SETUP / do your own due dill
::: for best results SHORT/HOLD rips/rallies
::: TP1 +150 pips TP2 +250 pips
::: BEARS SHORT/HOLD and exit at 3040
::: expecting DUMP in wave 5 now
::: get ready to SHORT LOW and exit +250 pips
::: best entry: near market / short rips rallies
::: recommend to SHORT/HOLD TP1 +150 TP2 +250
::: recommended strategy: SHORT/HOLD wave5 DUMP
::: final TP BEARS 3040
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 3040 fresh demand zone
::: 3440 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS/final FLUSH
::: Sentiment mid-term: BEARS/final FLUSH

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.
Comments
MonoCoinSignal
Possible scenario
ProjectSyndicate
Goldviewfx
love the work and updates. setups are always quality. keep going.
ProjectSyndicate
@Goldviewfx, thank you very much!
FOREXN1
Perfect ! :) same view.
ProjectSyndicate
@FOREXN1, great
Hupi
Is the analysys still valid? What should be stop loss?
smoothmoneyb4268
Nope.
JoeChampion
I agree on USD weakness, thanks!
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