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ArturoL
Jan 9, 2024 2:22 AM

This could be the beginning of a monster move Short

USD/CADOANDA

Description

Triple top is forming out, the pair it's been rejected from the 1.339 resistance. It totally makes sense. Oil just hit bottom (I think) and the CAD is correlated with it. So oil will go up and CAD will follow. On the other side the USD is getting weaker due the FED policies. The only problem is that key support. I have a feeling that is not going to hold much time. Maybe a couple of weeks. I'm jumping in and I'll add if the support is broken. It will be a jumpy ride but the reward is huge.

Comment

I'm adding:
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