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USDCAD H3: BEST Level to BUY/HOLD +150/+250 pips(SL/TP)(WAVES)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as LONG because I expect reversal
bounce play in wave4 near 3150
🔸 Summary and potential trade setup
::: USDCAD 3hour/candle chart review
::: speculative 5 waves sequence
::: BUY LOW bounce play wave4 setup
::: SPECULATIVE SETUP / do your own due dill
::: for best results BUY/HOLD 3150
::: TP1 +150 pips TP2 +250 pips
::: BULLS BUY/HOLD and exit at 3440
::: expecting BOUNCE play near 3150
::: get ready to BUY LOW and exit +275 pips
::: best entry: near 3150 TP 3440
::: recommend to BUY/HOLD TP1 +150 TP2 +250
::: recommended strategy: BUY/HOLD wave4 bounce
::: final TP BULLS 440
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 3150 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: BULLS/reversal/3440
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.