Buying rumour and selling truth, that is what going to happen on oil. OPEC did not help oil to get to our tp 2 and tp 3. Now we are having wave 3 on the daily chart for oil to drop. Waiting for a correction to short it till 40.
Less is more!
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GUYS, THIS TRADE ENTERED AT 50 ( PENDING ORDER )
Giao dịch được đóng thủ công
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170 pips on this short trade now.
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on the daily chart, oil will keep dropping. Short it with any pull back. Next tp 47.05.
Đóng lệnh: đạt mục tiêu
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47 hit.
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we had a short trade pending at 46 today, which is now making 130 pips,$1.3.
Thank you Vera! The EW wave analysis suggest down to 20 from monthly perspective. This should support USDCAD long from monthly chart but it doesn't mean US dollar is strong.
FUNTRADER-Vera
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@victor.Y.F, ok, but i dont think we can hold a trade that long, as the contract will roll over and over month to month.