USD/CAD selloff into support

OANDA:USDCAD   U.S. Dollar / Canadian Dollar
127 0 7
OANDA:USDCAD             UC             has sold off after a nice rise in a channel. the selling was caused by a weakening in the USD and strengthening in CRUDE OIL             . traders have been moaning about the lack of correlation between the rise in oil             prices and UC             when the USD was being ramped up prior to the FED minutes and YELLEN speech.

so if we forget about the news and look at the 30 min chart we see a hard break in the UP channel support and UC             descending in a tight triangle pattern which is reaching its apex so we need to watch this price very closely for a break in the TRIANGLE.
Trade active: weekly close was breached during the JAPAN open after providing support for most of the day during the USA session. CAIPORA told me to watch the weekly close for clues and he was right!
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