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NZDCAD D1: SHORT IT TP +250/+500 pips (BEARS/SL/TP)(UPDATE)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect more losses
short-mid term
🔸 Summary and potential trade setup
::: NZDCAD D1/candle chart review
::: slow progress / but still valid
::: updated/revised outlook
::: higher risk setup BULLS
::: market BUY NOW exit at 8970
::: nice setup for 180 pips
::: speculative HS setup
::: higher risk: SHORT at market
::: lower risk: SHORT 8960/90
::: BEARISH outlook
::: TP bears is +500 pips
::: TP1+250 TP2 +500 pips
::: excellent risk:reward on sell side
::: point D is 127 and 8950
::: BEARS: SHORT IT from overhead
::: or see lower risk strat above
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS
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.