USDCAD reached projected possible top!
We saw the USDCAD test the level I mentioned last week. See link below:
At the moment we see another consolidation by means of a Bull flag. A test of the rising non-horizontal trend line followed by a break higher indicates more bullish price action to expect. This is very possible since I expect Oil to test at least 25. The question is whether we see a correction first or whether price moves into that direction by means of this current trend.
If we see a clear break below the rising black non-horizontal trend line I will wait for a consolidation and continuation lower for a sell.
timstuyts.com
facebook/timstuyts/
At the moment we see another consolidation by means of a Bull flag. A test of the rising non-horizontal trend line followed by a break higher indicates more bullish price action to expect. This is very possible since I expect Oil to test at least 25. The question is whether we see a correction first or whether price moves into that direction by means of this current trend.
If we see a clear break below the rising black non-horizontal trend line I will wait for a consolidation and continuation lower for a sell.
timstuyts.com
facebook/timstuyts/
פרסומים קשורים
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.