Trade 016
EUR/CAD
Long @ 1.3848
SL @ 1.3580
TP @ None set
Reasons:
1) Trading with longer term trend.
2) Strong rejection off previous resistance level turned support (purple line).
3) Will have to break LTL to hip SL which will signal possible trend reversal.
4) Double bottom on 4Hr chart.
Daily
4Hr
EUR/CAD
Long @ 1.3848
SL @ 1.3580
TP @ None set
Reasons:
1) Trading with longer term trend.
2) Strong rejection off previous resistance level turned support (purple line).
3) Will have to break LTL to hip SL which will signal possible trend reversal.
4) Double bottom on 4Hr chart.
Daily
4Hr
Are you treadstone?