EURCAD H16: C&H TP BULLS +500/+1000 // BUY DIPS

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EURCAD H16: C&H TP BULLS +500/+1000 // BUY DIPS
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: EURCAD H16chart review and outlook
::: Bullish cup and handle setup in progress
::: Strong chart overall, expecting mild pullback
::: 5920/5940 was heavy resistance
::: heavy support at 5620/5640
::: Recommended strategy: BUY after pullback
::: near 5620/ 40 SL 80 pips TP1 +500 TP2 +1000
::: SWING TRADE setup / do not expect fast/easy
::: overnight gains in here
::: BUY/HOLD IT and get paid later
::: please mind the swap rates at your broker
::: good luck traders
🔸 Supply/Demand Zones
::: N/A
::: N/A
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARS/PRZ