🔸Hello guys, let's review the updated 8 hour chart for USDCAD today. We are
still locked in massive trading range, currently trading near range lows.
Drifting lower on auto-pilot and no valid trade setup present yet.
🔸Expecting short-term pullback, current bid is 3500, strong support levels
below market price at/near 3350 and 3300. For now more downside very
likely and I don't recommend taking up any positions yet.
🔸Recommended strategy BULLS: wait for price to complete pullback later
near 3350/3300 and be ready to buy low near premium prices. TP1 bulls
is +200 pips TP2 bulls is +300 pips, final TP is 3750, keep in mind this is
a swing trade setup, so naturally will take more time to hit the targets.
🎁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.
still locked in massive trading range, currently trading near range lows.
Drifting lower on auto-pilot and no valid trade setup present yet.
🔸Expecting short-term pullback, current bid is 3500, strong support levels
below market price at/near 3350 and 3300. For now more downside very
likely and I don't recommend taking up any positions yet.
🔸Recommended strategy BULLS: wait for price to complete pullback later
near 3350/3300 and be ready to buy low near premium prices. TP1 bulls
is +200 pips TP2 bulls is +300 pips, final TP is 3750, keep in mind this is
a swing trade setup, so naturally will take more time to hit the targets.
🎁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.
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💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
taplink.cc/black001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
💎Syndicate Black
⚡️Gold/Forex auto-trading bot
📕MyFXBOOK verified 500%+ gains
💎GOLD EA target 100%+ gains/week
🚀supercharge your trading
💎75% win rate free gold signals
t.me/syndicategold001
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.