Crude oil looking over the cliff - USD/CAD moving along
This has been my favorite scenario since my Sunday analysis.
Crude Oil is showing THE textbook reversal pattern. It seems as if the trendline is the only thing still holding Crude up.
At the same time, the USDCAD has already started to move higher after its reversal pattern.
A break of the trendline on Crude could lead to a huge USDCAD rally.
Crude Oil is showing THE textbook reversal pattern. It seems as if the trendline is the only thing still holding Crude up.
At the same time, the USDCAD has already started to move higher after its reversal pattern.
A break of the trendline on Crude could lead to a huge USDCAD rally.
I have been trading for 15 years!
> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
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> Trend Rider indicator: tradeciety.com/trend-rider-indicator/
> Free weekly trading webinar: www.tradeciety.com/webinar/
> Free blog: www.tradeciety.com/blog