USDCAD H1 - Long setup

15 Şub 2016

Bullish divergences present on H4 and H1 chart. Hope the price maintains the channel. USOIL is going a little bit higher but remains the downtrend, so this pair should go up…

There is a bearish shark projection pattern on H4 chart, so if the price goes up, following this pattern on H1 chart, the target for this trade could be around 1.40

16 Şub 2016

Not

USOIL is pushing up, so I expect a drop in USDCAD at least to 1.37 (near support at 1.3638)