USDCAD D1: +400/+800 pips BEST Level to SHORT IT TP (SWING)

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USDCAD D1: +400/+800 pips BEST Level to SHORT IT TP (SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
Tagged as SHORT as I expect reversal from overhead.

🔸 Summary and potential trade setup
::: USDCAD D1/candle chart review
::: a/b/c/d fractal in progress
::: same setup in 2016 (on the right)
::: expecting reversal from overhead
::: significant downside remains
::: SHORT SELL via SELL STOPS GRID
::: TP BEARS / FINAL TP +1300 pips
::: TP1 +400 pips TP2 +800 pips
::: focus on shorting HIGH near point C (3200/3250)
::: setup still valid / good progress
::: a/b/c/d fractal in 2016 produced 1500+ pips dump
::: similar SWING setup in progress in 2022
::: great risk/reward favors BEARS from 3200/3250
::: use fixed stop loss 3350 and scale SHORT
::: right now expecting more upside
::: before final reversal later near 3200/3250
::: SHORT/HOLD at 3200/3250
::: best ENTRY from overhead resistance
::: this week expecting more gains
::: recommended strategy: SELL STOPS from 3200/3250
::: TP BEARS is TP1 +400 pips TP2 +800 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 2000 fresh demand zone
::: 3250/3200 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS/final PUMP
::: Sentiment outlook mid-term: BEARS/reversal 3250

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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.