EURCAD H16: IHS BULLS LONG/SHORT +140/+200 pips(SL/TP)(NEW)

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EURCAD H16: IHS BULLS LONG/SHORT +140/+200 pips(SL/TP)(NEW)
IMPORTANT NOTE: speculative setup. do your own
due dill. use STOP LOSS. don't overleverage.

🔸 Summary and potential trade setup
::: EURCAD 16hour/candle chart review
::: speculative IHS setup in progress
::: revised/updated outlook
::: short-term bullish /more gains
::: HOWEVER heavy resistance overhead
::: 5650 strong resistance
::: higher risk setup: long at market
::: TP BULLS is 5650 neckline
::: lower risk setup is SHORT
::: get ready to SHORT HIGH later
::: once we hit resistance at 5650
::: TP BEARS TP1 +110 pips TP2 +220 pips
::: SHORT/HOLD setup with great risk:reward
::: BEARS TP FINAL is 5440
::: recommend to SHORT/HOLD
::: recommended strategy: SHORT/HOLD
::: 5650 reversal level to SHORT IT
::: SWING trade setup do not expect
::: fast/miracle overnights gains here
::: good luck traders
🔸 Supply/Demand Zones
::: 5440 fresh demand zone
::: 5650 fresh supply zone
🔸 Other noteworthy technicals/fundies
::: TD9 /Combo update: N/A
::: Sentiment short-term: BULLS
::: Sentiment outlook mid-term: BEARS