8.27 Risk Reward Ratio, Buy USDCAD
1) I believe Oil will fall below $50; recent price action in Oil suggests the top is in and it will drop soon
2) Price in USDCAD is currently near important support level
3) Bullish divergence on the 4hr chart
Entry: 1.30492
Target: 1.33644
Stop Loss: 1.30095
Risk Reward Ratio: 8.27
Extra Note: If price breaks above 1.31862 this is a sign that significantly increases the probability of the bullish move reaching the target
2) Price in USDCAD is currently near important support level
3) Bullish divergence on the 4hr chart
Entry: 1.30492
Target: 1.33644
Stop Loss: 1.30095
Risk Reward Ratio: 8.27
Extra Note: If price breaks above 1.31862 this is a sign that significantly increases the probability of the bullish move reaching the target
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