EURCAD - False Breakout over 1.3

FX:EURCAD   Euro / Canadian Dollar
357 4 1
Another shooting star has made a false breakout over 1.3, a fall under 1.2935 could send the price even lower. A target would be the trend line and the support at 1.2801.
The risk/reward is not a spectacular one, but the stop could be lowered at the half of the shadow for a better one.
Target hit!
also on a H4 and H1 that forms a really nice HS

Razvan Spitfirefx
yes it was, right over the trend line :)
Stop can be placed on break even now :)
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out