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AUDCAD H16: BEST Level to SHORT/HOLD +100/+200 pips(SL/TP)SWING

Short
FX:AUDCAD   Australian Dollar/Canadian Dollar
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AUDCAD H16: BEST Level to SHORT/HOLD +100/+200 pips(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.


🔸 Summary and potential trade setup
::: AUDCAD 16hour/candle chart review
::: short-term bullish /more gains
::: HOWEVER heavy resistance overhead
::: 9650 strong resistance
::: get ready to SHORT from overhead
::: BEARS will take over soon
::: expecting pullback / re-test of 9440
::: get ready to SHORT HIGH later
::: once we hit resistance at 9650
::: TP BEARS 9450
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD 9650
::: TP1 BEARS +100 pips TP2 BEARS +200 pips
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 9450 fresh demand zone
::: 9650 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARS

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