EURCAD

This looks like its broken out of the symmetrical triangle.
So possible higher prices may follow.

dl.dropboxusercontent.com/u/4899609/eurcad30thmay.png

Perfect trade of the trend line
This should be a free trade now
Thats the power of a trend line in action

Im long on this from the first attempt of the trend line.
This bounced of the trend line perfectly earlier.
Ive got a tight stop just incase it goes through . If it goes through then this could go to the lows again.

Possible 123 low???
Correction phase may be over???
The trend line may need to be redrawn if this finishes where it is.

Lol! Same here. Just shows the importance of waiting for confirmation!

My short is already closed.
It looks like its holding the trend line.Its currently forming a hammer right at the trend line.
Im staying out now as once i get a losing trade i normally step aside as dont want the whip saw effect.