Aussie-scalper

Anty buy set-up if breaks yesterday high...

Long
Aussie-scalper Updated   
FX:USDCAD   U.S. Dollar / Canadian Dollar

With the ANTY set up - oversold on modified Stochastic, and new up sloping slow line,
possible buystop entry if breaks above Friday's high. Expect a 'pop' with short covering of at least 90 pips...
stoploss below recent low -65 pips.

This potentially could form a 2nd higher low on daily charts, which ceases to be strongly bearish and attracts buyers.

OIL looks to be topping at new highs and forming a lower high threatens a correction....this would be negative for CAD.

Lots of IF's here, so only entering if market strengthens, otherwise kill order tomorrow if sustains downtrend and look for a new 20 day low that reverses sharply ( Turtle soup)....
Order cancelled:
out for small profit as no follow through

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