USDCAD → is it going to down?!

USDCAD → is it going to down?!

hello guys...

as you can see USDcad made double ascending channels inside of each other! and this pair touched the target of the breakout of triangle patterns, so it is the best time for correction, We have not any confirmation so what should we do?!

on the other hand, you know the correlation between usdcad and oil is -95%!
let's check the oil chart:

this one touched the bottom line and if the gray area breaksout you can get a short position in usdcad

two targets I consider for this position just pay attention to end of arrow makers!

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always do your research.

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Trade geschlossen: Ziel wurde erreicht:

both targets reached

Kommentar:

oil target: