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EURCAD H4: V-shape recovery / BUY LOW TP +200 pips (SL/TP)(NEW) IMPORTANT NOTE: speculative setup. do your own due dill. use STOP LOSS. don't overleverage. Tagged as short as I'm expecting a SHORT/LONG sequence in this market.
🔸 Summary and potential trade setup ::: EURCAD 4hour/candle chart review ::: V-shape recovery in progress ::: strong chart / bullish outlook ::: reaccumulation in progress now ::: currently more downside short-term ::: higher risk short ::: recommend to BUY LOW ::: recommended strategy: BUY LOW 5550 ::: TP BULLS is +200 pips on SWING ::: higher risk strategy: SHORT IT NOW ::: SL 30 TP is 5550 ::: this is higher risk / recommend to short instead ::: SWING trade setup do not expect ::: fast/miracle overnights gains here ::: good luck traders 🔸 Supply/Demand Zones ::: N/A ::: N/A 🔸 Other noteworthy technicals/fundies ::: TD9/Combo update: N/A ::: Sentiment short-term: BEARS ::: Sentiment outlook mid-term: BULLS