Get started
Euro / Canadian Dollar
Long
Updated

LONG EURCAD

Pros
  • Good P/R ratio.
  • The price is at resistance level + uptrend.
  • Longterm bullish.
  • Hammer at the bottom.

Cons
  • Aggressive position
  • Weakness of the euro.

Strategy
  • Buy at market price, or wait for a chart pattern confirmation for more confidence.
Trade closed: stop reached
pecpec
EURCADLONGresistance_levelSupport and ResistanceTrend Linesuptrend
pecpec

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.