usdcad h8 short rips/rallies tp 3150 breakdown

🔸Hello traders, let's review the 8 hour chart for USDCAD today. Rejection from overhead
resistance at/near 3625, double top formation and subsequent dump. below we got some
supports, however 3350 key s/r was tested 4 times already, therefore s/r is weak now.

🔸Expecting sell-side pressure to accelerate and we can expect breakdown of key s/r
at/neat 3350. bears maintain control mid-term, and recommended strategy is short
selling rips/rallies near market price.

🔸Recommended strategy for USDCAD bears: short sell rips/rallies near market price.
TP1 bears +150 pips TP2 bears is +300 pips. this is a swing trade setup. good luck!

🎁Please hit the like button and
🎁Leave a comment to support our team!

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.

Comentário:

usdjpy 1hour xabcd buy low tp 141.00

Comentário:

audusd h4 overview of key s/r levels bulls/bears

Trade fechado: objetivo atingido:

FINAL TP HIT +280 pips congrats