EURCAD H4: BEST Levels to SHORT +200/+250(SL/TP)(SWING)

7 cze 2021

EURCAD H4: BEST Levels to SHORT +200/+250(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as SHORT because I expect more
losses after break down of bear flag .

🔸 Summary and potential trade setup
::: EURCAD 4hour/candle chart review
::: updated/revised outlook
::: still valid as of right now
::: BEAR flag pattern - BREAKDOWN SOON!
::: previously distribution now it\s
::: breaking down
::: BEARS will targets 4850 / 4450
::: short sell any rips/rallies
::: because we are going lower
::: BEARS maintain short-term control
::: 4480 is a required print now BEARS
::: BEARS can short at MARKET NOW
::: hold your shorts (BEARS) until 4480
::: or short sell rallies/rips
::: recommend to seek SELL SETUPS ONLY
::: recommended strategy: SHORT AT MARKET
::: TP1 bears is 4580 TP2 bears is 4480
::: final TP BEARS is 4400
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 4400 fresh demand zone
::: 4750 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS

RISK DISCLAIMER:
Trading Crypto, 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.