ProjectSyndicate

EURCAD H16: BEST Levels to SHORT/LONG +200/+200(SL/TP)(UPDATED)

Short
FX:EURCAD   Euro / Canadian Dollar
EURCAD H16: BEST Levels to SHORT/LONG +200/+200(SL/TP)(SWING)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.
tagged as SHORT because I expect more
losses before market turns in BULLs favor.


🔸 Summary and potential trade setup
::: EURCAD 16hour/candle chart review
::: previous setup was on sell side
::: it's running at +250 pips right now
::: hold SHORT until 5350/5400
::: no trade recommended right now
::: because we are trading mid-range
::: BULLS will likely step in later near
::: 5340/5360. until then BEARS in control
::: get ready to BUY LOW (BULLS)
::: hold your shorts (BEARS) until 5350/5400
::: or short sell rallies/rips
::: recommend to seek BUY SETUP later
::: recommended strategy: seek to BUY LOW
::: near 5350 later TP1 bulls +100 TP2 bulls +200
::: final TP BEARS is 5350
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 5350 fresh demand zone
::: 5750/5800 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BEARS
::: Sentiment outlook mid-term: BEARS
Comment:
TP HIT

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
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.