Take profit on wave 3
Wave 3 almost finished ( price 51 ) , so I will take profit on it . Perhaps price will correction UP going to wave 4 ( price 57 ) .
However trend is BEARISH, so don't take risk to buying .
Better to selling from wave 4 ,and target until wave 5
*** NOTE : For beginner trader ,this movement of USDWTI ( crude oil ) is very important for you, if you wanna trading USDCAD. Remember that USDWTI is negative correlation with USDCAD.
( USDWTI going up, so USDCAD drop ; USDWTI drop, so then USDCAD going up )
However trend is BEARISH, so don't take risk to buying .
Better to selling from wave 4 ,and target until wave 5
*** NOTE : For beginner trader ,this movement of USDWTI ( crude oil ) is very important for you, if you wanna trading USDCAD. Remember that USDWTI is negative correlation with USDCAD.
( USDWTI going up, so USDCAD drop ; USDWTI drop, so then USDCAD going up )
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