• Products
  • Community
  • Markets
  • Brokers
  • More
Get started
  • Community
  • /Ideas
  • /Eurcadstrategy

Eurcadstrategy

EURCAD Analysis 11July2023if you look at the movement of this pair on the D1 time frame, it looks like the price is stuck at a fairly strong resistance, and last week the price managed to breakout from the resistance (SR Flip). if you look at the bullish candle that formed a few days ago, the possibility of continuing the bullish trend is still strong. you can go long when the price approaches the SR Flip area.
by Hokusai_FX
EURCAD Long OpportunityBullish Pennant after Bullish Impulsive Move. Notice that volume is declining as Price consolidates into the pennant. We also have Divergence as RSI does not conform to Price Action making lower lows. For profit taking targets, we set it at a 1:1 ratio of the flag pole measure from breakout of the pennant. We enter long orders upon breakout of the pennant and place stop-loss orders below the previous low from the breakout.
Long
by UnknownUnicorn1066662

Select market data provided by ICE Data services. Select reference data provided by FactSet. Copyright © 2025 FactSet Research Systems Inc.© 2025 TradingView, Inc.

More than a product
  • Supercharts
Screeners
  • Stocks
  • ETFs
  • Bonds
  • Crypto coins
  • CEX pairs
  • DEX pairs
  • Pine
Heatmaps
  • Stocks
  • ETFs
  • Crypto
Calendars
  • Economic
  • Earnings
  • Dividends
More products
  • Yield Curves
  • Options
  • News Flow
  • Pine Script®
Apps
  • Mobile
  • Desktop
Community
  • Social network
  • Wall of Love
  • Refer a friend
  • House Rules
  • Moderators
Ideas
  • Trading
  • Education
  • Editors' picks
Pine Script
  • Indicators & strategies
  • Wizards
  • Freelancers
Tools & subscriptions
  • Features
  • Pricing
  • Market data
Trading
  • Overview
  • Brokers
Special offers
  • CME Group futures
  • Eurex futures
  • US stocks bundle
About company
  • Who we are
  • Space mission
  • Blog
  • Careers
  • Media kit
Merch
  • TradingView store
  • Tarot cards for traders
  • The C63 TradeTime
Policies & security
  • Terms of Use
  • Disclaimer
  • Privacy Policy
  • Cookies Policy
  • Accessibility Statement
  • Security tips
  • Bug Bounty program
  • Status page
Business solutions
  • Widgets
  • Charting libraries
  • Lightweight Charts™
  • Advanced Charts
  • Trading Platform
Growth opportunities
  • Advertising
  • Brokerage integration
  • Partner program
  • Education program
Community
  • Social network
  • Wall of Love
  • Refer a friend
  • House Rules
  • Moderators
Ideas
  • Trading
  • Education
  • Editors' picks
Pine Script
  • Indicators & strategies
  • Wizards
  • Freelancers
Business solutions
  • Widgets
  • Charting libraries
  • Lightweight Charts™
  • Advanced Charts
  • Trading Platform
Growth opportunities
  • Advertising
  • Brokerage integration
  • Partner program
  • Education program
Look FirstLook First