USDCAD is going to change the course...
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.