Hello , just my view on usdcad and usoil since they are both inter-related.
As we can see that we might have a possible flag on the usoil which i would like too enter around 43.3 due to strong fib confluence as well as a strong structure
would have the way exit on this trade
now for this trade to be valid usdcad will have to come down from the trend which everyone has been anticapting
dont have much on the usdcad but that level seems intersting and a retracement to that level might just be the catalyst required for this move and vice versa
Cheers
As we can see that we might have a possible flag on the usoil which i would like too enter around 43.3 due to strong fib confluence as well as a strong structure
would have the way exit on this trade
now for this trade to be valid usdcad will have to come down from the trend which everyone has been anticapting
dont have much on the usdcad but that level seems intersting and a retracement to that level might just be the catalyst required for this move and vice versa
Trade closed: target reached:
First target