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UnknownUnicorn207971
Sep 5, 2015 6:11 PM

EURCAD - breakout time 

Euro Fx/Canadian DollarFXCM

Description

- EURCAD is coming to the end of its diagonal and price is soon going to breakout
- a break of the descending trend line will signal a breakout to the upside - but be careful of a fake out
- a break below the ascending trend line could signal a breakout to the downside
- if price breaks out to the upside my first TP profit would be around the 1.500 area and my second target being 1.5400-1.5500
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