Simple_Renko

CADHKD Long - Exotic Oil/USD pair

Long
OANDA:CADHKD   CAD/HKD
See callout bubbles. The CAD trakcs with Oil closely while the HKD tracks very closely with the USD and the USD is currently seeing a lot of weakness and possibly looking at more for 2018. There is a pretty strong higher time-frame uptrend intact, so let's look to join that trend within the green-highlighted area until we get to bigger sellers above.

Always measure your risk and be okay with being wrong ; ) Wait patiently and get the price that you want. Use the market. Don't let the market use you.

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