Baytrader

USD/CAD Analysis Sept-Jan 2017

Short
FX:USDCAD   U.S. Dollar / Canadian Dollar
Reasons to be be short:
- Breakout of Bearish Flag
- Right shoulder completion of Head & Shoulders
- Touch of pivot point , 200ma, and flag
- Elliot Wave Correction
- Potential leg CD of a bullish crab forming
- Fundamentals

Please take a look at my crude oil chart description to view the fundamentals behind this trade

Comments

Too informative Baytrader....Thanks and cheers.
Reply
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