Daily Trend Line Rejection EurCad
Updated
Pin Bar Rejection of Daily Diagonal Trend Line at 1.5285 Zoom to 4 hr Chart .Double Bottom/Small Head & Shoulder Pattern.
Long entry at market.SL 1.5120 TP1 1.5390 TP2 1.5470
When TP1 hit move SL TP2 to BE.
Long entry at market.SL 1.5120 TP1 1.5390 TP2 1.5470
When TP1 hit move SL TP2 to BE.
Note
SL hit.Watch to see where this candle closes.The horizontal and diagonal trend lines appear to be very strong levels.Start of new downtrend ??Watch for price action signals .
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.