According to my analysis
USOIL
should run till this zone due both Technical and Fundamental Reasons. It could possible not go to the zone and reverse before so stay cautious. I'll be talking longs in the short time frames and let it run up, view every dip from a buyers perspective. The best way to take advantage of this opportunity is shorting
USDCAD
due to it sitting in it's multiweek channel top.
I'll later post if I take any trade.
kudos.
USOIL
should run till this zone due both Technical and Fundamental Reasons. It could possible not go to the zone and reverse before so stay cautious. I'll be talking longs in the short time frames and let it run up, view every dip from a buyers perspective. The best way to take advantage of this opportunity is shorting
USDCAD
due to it sitting in it's multiweek channel top. I'll later post if I take any trade.
kudos.