USDCAD reached projected possible top!
We saw the USDCAD test the level I mentioned last week. See link below:
At the moment we see another consolidation by means of a Bull flag. A test of the rising non-horizontal trend line followed by a break higher indicates more bullish price action to expect. This is very possible since I expect Oil to test at least 25. The question is whether we see a correction first or whether price moves into that direction by means of this current trend.
If we see a clear break below the rising black non-horizontal trend line I will wait for a consolidation and continuation lower for a sell.
timstuyts.com
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At the moment we see another consolidation by means of a Bull flag. A test of the rising non-horizontal trend line followed by a break higher indicates more bullish price action to expect. This is very possible since I expect Oil to test at least 25. The question is whether we see a correction first or whether price moves into that direction by means of this current trend.
If we see a clear break below the rising black non-horizontal trend line I will wait for a consolidation and continuation lower for a sell.
timstuyts.com
facebook/timstuyts/
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Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.
İlgili yayınlar
Feragatname
Bilgiler ve yayınlar, TradingView tarafından sağlanan veya onaylanan finansal, yatırım, işlem veya diğer türden tavsiye veya tavsiyeler anlamına gelmez ve teşkil etmez. Kullanım Şartları'nda daha fazlasını okuyun.