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rookiecookiehardo

Short USDCAD, descending triangle breakout retested

Short
U.S. Dollar / Canadian Dollar (FX:USDCAD)  
rookiecookiehardo  
FX:USDCAD   U.S. Dollar / Canadian Dollar
Trend Analysis Beyond Technical Analysis Chart Patterns
6
0
trendanalysis beyondta chartpattern
- Descending triangle breakout confirmed, currently retested, looking to short to 1.3700
- OPEC+ cut failed to impress
- Cuts won't be implemented until May 1, CAD still feeling downward pressure
- Fundamental oil demand absent, gloomy days still lie ahead for oil

Anyone share the same thoughts on this matter? I am just starting out so I would love to learn more! :)
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