USD/CAD was in "Sort of" oversold region after hitting eating up decent SL of the long.
Now it is very like in the retracement mode. USD/CAD UP mean Oil can be down too.
In the longer term, we are still in BEAR but it "may" be time for a decent swing back as there are many shortists piling up to get wacked.
1.2590 and 1.272 will be nice targets.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
Now it is very like in the retracement mode. USD/CAD UP mean Oil can be down too.
In the longer term, we are still in BEAR but it "may" be time for a decent swing back as there are many shortists piling up to get wacked.
1.2590 and 1.272 will be nice targets.
Trade Safe
s0nic
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
Sonicr Mastery is not responsible for any liabilities arising on the result of your market involvement or individual trade activities.
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