Following on from our last post on USOIL, we mentioned how USDCAD is inverted correlated to USOIL and USDCAD made a particular price action that is being repeated on USOIL.
See that post below:
We are now approaching the third touch of the channel where we are anticipating a rejection.
Trade Idea:
- Watch for rejection of the channel
- Risk entry on rejection. Safe Entry on break of the ascending red trendline
- Stops outside the channel
- Targets: 82, 72, actively manage the rest if we break the channel
Goodluck and trade safe!
See that post below:
We are now approaching the third touch of the channel where we are anticipating a rejection.
Trade Idea:
- Watch for rejection of the channel
- Risk entry on rejection. Safe Entry on break of the ascending red trendline
- Stops outside the channel
- Targets: 82, 72, actively manage the rest if we break the channel
Goodluck and trade safe!
Want more chart ups like this? Click the links below:
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Crypto VIP: t.me/CryptoWickBot
Forex: t.me/Wicktator
Crypto: t.me/Crypto_Wick
Forex VIP: t.me/WicktatatorVIP_bot
Crypto VIP: t.me/CryptoWickBot