Anbat
Long

USDCAD Bullish & USOIL Bearish (Rest of Month)

FX:USDCAD   US-Dollar / Kanadischer Dollar
120 0 6
In my opinion, USOIL             will top out at very soon (in between $48 to $50 a barrel) then turn bearish for rest of month, this means that USDCAD             will be bullish , after it has completed its 1 to 2 wave of ( Elliot Impulse Wave (12345)- downward this 1st part of this coming start of trading. Note: Bearish Engulfing chart pattern on chart with last 4 hour red candlestick being longer then previous green candlestick . This means that current market pair pressure is with the BEARS now.

Oil             has been making highs for the last three weeks, with current price of over $48. Fairly, soon USOIL             will this coming week turn bearish , continue to watch shorter time frames of 1 hour or less on exact time of this event. Always, look for major support and resistance areas and breaks of long term TRENDS to confirm a long term direction trend change.

I will be bearish for USDCAD             starting next week, until a bottom chart pattern appears on 1 hour of less time frames. Looking for put trades until that that time of a major direction change. Note: On chart my opinion of where both the USDCAD             & USOIL             will end up by end of this month. The area of 1.30500 appears to be a great SUPPORT for USOIL             and a great RESISTANCE area for USDCAD             , before they decide to either continue in same direction or reverse.

As always, I wish all traders profits. Trading is not easy, but in life anything worth doing is not easy. Price action #1.

DE Deutsch
EN English
EN English (UK)
EN English (IN)
FR Français
ES Español
IT Italiano
PL Polski
SV Svenska
TR Türkçe
RU Русский
PT Português
ID Bahasa Indonesia
MS Bahasa Melayu
TH ภาษาไทย
VI Tiếng Việt
JA 日本語
KO 한국어
ZH 简体中文
ZH 繁體中文
AR العربية
HE עברית
Startseite Aktien-Screener Devisen-Screener Krypto-Screener Wirtschaftskalender So funktioniert es! Chartmerkmale Hausregeln Moderatoren Webseite & Brokerlösungen Widgets Stock Charting Bibliothek Feature-Anfrage Blog & Nachrichten FAQ - Häufige Fragen & Antworten Hilfe & Wiki Twitter
Profil Profileinstellungen Konto und Abrechnung Meine Support Tickets Support kontaktieren Veröffentlichte Ideen Followers Ich folge Private Nachrichten Chat Abmelden