FUNTRADER-Vera

1209 USOIL VS USDCAD with 5 possible waves

OANDA:USDCAD   美元/加元
Hello traders,

USOIL and USDCAD are now very possible to make a 5th wave to continue current daily trend.

For USOIL, it is still waiting for a confirming signal on its 3rd time hitting the downtrend channel.
The position that we have been waiting for days is about to send us an answer . It is not confirmed that sure it will drop by hitting the upper band. Just wait first.

For USDCAD, the wide channel has made a bullish pattern on channel support band already. Now it is possible continue the trend by reaching the upper band of the channel again. On this idea, it is looking for a buying signal on lower timeframe chart.

Lets see how they go next week.
GOOD LUCK ON THESE PLANS.
LESS IS MORE!

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