workingtraders
Long

$CL1! $CADJPY #OIL Strong breakout higher pending.

NYMEX:CL1!   Light Crude Oil Futures
Technicals on the chart


Strong positive correlation between oil             and cadjpy            

We are starting to see an appetite to buy oil             again as crude levels leveling off.

Related Ideas

Like your correlation view.
But last week price closed below 100.00 after faking prices as high as 101.135. I wont buy now, could be bull trap. Looking to sell somewhere 100.90 depending on price action.
Reply
workingtraders PriceActionTrading
valid for sure. I feel mostly due to greece risk off. Yen strengthened for that week. A bullish close over that candle would confirm upside for sure.
+1 Reply
PriceActionTrading workingtraders
Yes definitely. Over that candle will change my view.
Reply


it has to break UP ^_^
Reply
IvanLabrie jangseohee
Nice, and I agree.
+2 Reply
EN English
EN English (UK)
EN English (IN)
DE Deutsch
FR Français
ES Español
IT Italiano
PL Polski
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
Home Stock Screener Forex Signal Finder Cryptocurrency Signal Finder Economic Calendar How It Works Chart Features House Rules Moderators Website & Broker Solutions Widgets Stock Charting Library Feature Request Blog & News FAQ Help & Wiki Twitter
Profile Profile Settings Account and Billing My Support Tickets Contact Support Ideas Published Followers Following Private Messages Chat Sign Out