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pecpec

LONG EURCAD

Long
Euro / Canadian Dollar (FX:EURCAD)  
pecpec Updated   
FX:EURCAD   Euro / Canadian Dollar
Support and Resistance Trend Lines EURCAD LONG uptrend resistance_level
4
0
supportandresistance trendline eurcad long uptrend resistance_level
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
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