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Institutionallevels

USD CAD SHORT SETUPWedge patterns are forming on most of the major pairs, indicating a reversal. Here is the USD CAD set up, my pending sell limit is placed. Lets see how it goes. bullish breakout of the wedge during london session -> induces retail buyers -> boom, price reverses lower, stopping out retail buyers. Now honestly it might not reach the high of the week, it could reverse from now, but either way, my entry will be at the high of the week for the best entry possible.
Short
by Hammoud8721
GBP JPY SHORT SETUPWedge patterns are forming on most of the major pairs, indicating a reversal. Here is the GBP JPY set up, my pending sell limit is placed. Lets see how it goes. Now here im expecting a more complicated move bearish breakout of the wedge during london session -> induces retail sellers -> boom, price reverses higher, stopping out retail sellers -> price reaches (breaks above) the weekly high -> now inducing retail buyers (this is where I'm selling) -> finally price reverses lower after all the manipulation.
Short
by Hammoud8721
USDCAD | DAILY SESSION | SHORTEuropean sessions should drive this pair up into the order block. This is priming sell orders for US institutional traders. Most likely the move down will happen at the start of the US session as these are North American currencies. Big Picture View We are currently looking at institutional money sitting at these pockets on the CAD index. Follow me on Tradingview or DM in the chat. Don't forget to hit the like button 🐉 HAPPY TRADING 🐉
Short
by Little_Big_Movement