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