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AUDCAD H1: SHORT high from my level +50pips(SL/TP)(NEW) for FX:AUDCAD by ProjectSyndicate

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AUDCAD H1: SHORT high from my level +50pips(SL/TP)(NEW)

IMPORTANT NOTE: speculative setup. do your own

due dill. use STOP LOSS. don’t overleverage.

TAGGED as SHORT , however short-term I Expect

more upside/ pump before reversal (bears)

🔸 Summary and potential trade setup

::: AUDCAD 1hour chart review

::: short-term trade plan below

::: currently price is locked in range

::: short-term more upside likely

::: however expecting BEAR reaction

::: from 9350 mirror S/R level

::: recommended strategy: SHORT IT 9350

::: TP1 bulls +25 pips TP2 bulls +50 pips

::: SL is 10 pips

::: good luck traders

🔸 Supply/Demand Zones

::: N/A

::: N/A

🔸 Other noteworthy technicals/fundies

::: TD9 /Combo update: N/A

::: Sentiment mid-term: BEARS

::: Sentiment outlook short-term: BULLS

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.

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