roscotrader

Daily Trend Line Rejection EurCad

Long
roscotrader Updated   
FX:EURCAD   Euro / Canadian Dollar
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.

Comment:
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 .
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