ProjectSyndicate

USDCAD DAILY: buy dips, TP 4300 (NEW)

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
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🔸 Summary and potential trade setup
. bullish short-term
. potential BEAR XABCD on daily
. KILL ZONE 4260-4300
. is a great reload for bears
. short-term you can buy dips
. strategy: short-term: BUY DIPS
. TP is 4260-4300
. reversal setup: short 4260-4300
. TP1 +270 TP2 +380

🔸 Supply/Demand Zones
. N/A

🔸 Other noteworthy technicals
. TD9/Combo update: TD5 (bullish)
. Sentiment: 70% retal traders short
. Sentiment outlook short-term: BULLISH
. price supported by strong TL

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