ProjectSyndicate

USDCAD W1: 2000 pips downside SHORT IT / breakdown / failure

Short
FX:USDCAD   Dollar Américain / Dollar Canadien
Why get subbed to to me on Tradingview?

-TOP author on TradingView
-15+ years experience in markets
-Professional chart break downs
-Supply/Demand Zones
-TD9 counts / combo review
-Key S/R levels
-No junk on my charts
-Frequent updates
-Covering FX/crypto/US stocks
-24/7 uptime so constant updates

USDCAD W1: SHORT IT / breakdown / failure(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT because I expect more downside
short-term and mid-term as well.

previously recommended shorting USDCAD at market.
trade already made money. click play to recap.

🔸 Summary and potential trade setup
::: USDCAD weekly chart review
::: identified two primary swings
::: 1700 and 2100 pips from high/low
::: still high downside from here
::: massive breakdown / failure
::: expecting 300-500 pips losses
::: 3000 realistic target bears
::: upside very limited from here
::: Recommended strategy: SHORT ANY RIPS/BOUNCES
::: can I wait for the bounce? well, may not happen
::: chart looks very weak / heavy, so straight dump
::: 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

MY LINKS OVERVIEW
🟡 TAPLINK.CC/PRSYNDICATE
75% WINS FREE/PREMIUM SIGNALS TELEGRAM
🔴 T.ME/THESYNDICATE001
LIFETIME BUNDLE FX/CRYPTO
🟡 SYNDICATE001.CC/
FREE GOLD TRADING SIGNALS
🟡 T.ME/SYNDICATEGOLD001
Clause de non-responsabilité

Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.