AndyM

Buy USDCAD ahead of Crude price collapse

Long
FX:USDCAD   U.S. Dollar / Canadian Dollar
USDCAD has traced our 1-2-1-2, now it's time for w3 of 3 to start. Targeting 1.50..1.55.
Note that tracing out 3-4-5-4-5 usually takes between 100 and 160% of the time it took to trace 1-2-1-2, so don't count on "immediate" move. Rather plan for an advance of 3-5 months. To be completed March-May.
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.