Lots of divergences are generated on 1hr chart and bullish pattern is detected as well. Some bounce could be expected, put a stop below today's low and see how strong the bounce would be.
Trade closed: stop reached
Maybe one more dollar downNote
USDCAD is reaching top soon. Might be a very good opportunity for OIL next week. Patience is the key!
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.