USDCAD is going to change the course...
Updated
Let's see what we have here...
— Clear H&S structure;
— Strong bullish divergence with MACD ;
— We're approaching medium time trend line .
This is a "buy and forget" trade. Not for daytraders. For swing traders. Good luck.
BTW I expect a large correction on USD pairs (The US dollar will strengthen throughout next months)
— Clear H&S structure;
— Strong bullish divergence with MACD ;
— We're approaching medium time trend line .
This is a "buy and forget" trade. Not for daytraders. For swing traders. Good luck.
BTW I expect a large correction on USD pairs (The US dollar will strengthen throughout next months)
Comment
This idea is valid and the profit can be amazing, especially if OIL price goes down. That's why I always open small positions with no Stop Loss at first.
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