"Truth is boring” Denis.Y.Y

FX:USDCAD   U.S. Dollar / Canadian Dollar
1, I don’t expect you believe it.
2, People like being complicated but market is simple.
3, It’ll retrace several hundred pips and a bull trap too.
4, USoil             negative correlation.
5, Market is a mountains.
Comment: No.3 “a bull trap” refers to buy USoil.
Comment: 1.52 should be reached.
Comment: Because you guys like it. I'd like to update.
We had 2600 pips squeezing from last one so this one is the same pips where is from 1.2460. Estimates 1.50 should be reached, harmonic pattern batman target 1.5371 as the top. It's a year ago. Sometime I can't believe that it's so long term and I'm still learning from EW wave.
Thank you for your likes.
Comment: I reconsider this pair and I have to change the target. This one is very complicated because we have the squeezing up moving and we should have the same dropping like last hike. Those two factors are canceling each other. Let the OPEC deal affects it now. A small up moving and a big downside.
Comment: Because DXY was sabotaged by FRB I'm using the JPY to measuring the Canada inflation now. As the chart showing us the inflation target only 1.5% and it's failed.
Comment: I saw this 1100 pips running and it's showing us the cad dollar is bottomed. If we get some pullback from JPY strenth it'll be a good buy there.
Comment: Looks like a head shoulder PO 1X to 1.53-1.54 a batman pattern is suggested.
Comment: After the second hike from BOC our long term perspective is changing now. We're looking for the head shoulder PO 1.46-1.26-1.06. If the oil price is lagging then the oil price should rise in a condition where no more production cut from OPEC. The oil price may pull back to 50-60 soon.
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