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Eurcadlongs

** EURCAD ** long trade currently open, lets see hows plays out.Hi all, hope your having a great week, really happy with current performance for the strategy, forward testing is showing solid results across the board. The entry price, stop loss (in pipettes) and take profit are shown on the chart itself. Just something I'm working on in Pine script, I'll share as many trading ideas as and when I can, so I can document my progress. My name is Al, I'm 40 and from the UK. I've been trading for a few years, my key goal is to automate my strategies and remove as many decisions as I can. Any questions, feel free to drop me a direct message if I can help. These ideas, aren't specific advice from me - so if you enter, of course do your own due diligence - always manage your risk like a pro too. This is all for information and education. Have a great day, Al. 🙂 PS. Check my other 'Related Ideas' too.
Long
by AL-1-
POTENTIAL LONG OPPORTUNITY ON EURCADPrice is trending up in a clear 5-wave structure. . Price broke out of resistance level and completed impulsive wave 3. . Price is currently retracing back to retest the broken level and has the potential to move up towards the resistance level. . To take advantage of this setup, we will have to wave for the completion of the corrective Wave 4 at our confluence level and wait for the breakout of the blue counter trend line for a long entry. . Thanks for reading!
Long
by Veejahbee