Dollar A.S. / Dollar Kanada
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USDCAD Long - Oil Shorts About to Pay

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I first took a short in oil back in June of 2022. This on the heals of identifying several short-equity opportunities in "household favorites" like Tesla and Bitcoin and Mickey.

It has been a long steady grind lower in oil, but opportunistic nonetheless. What oil has not yet done, is give us that really deep, nasty drop at the end of its death-grind lower (an obvious place to take profits - where everyone else tends to be too late and get burned) However, USDCAD may be telling us that move (nasty drop in oil) is nigh.

Happy hunting.

God bless!

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