USD/CAD H1
USD/CAD
The abrupt reversal pressures the bullish view. Weakness below 1.3065 would offer the first hint a reversal has occurred. 1.2970 is the next significant support. A break of it would raise the possibility the alternate count shown on the first chart is operative. It has a triangle wave ((b)) unfolding with wave (d) underway.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We,Genesis Trading Center is not responsible for any liabilities arising from the result of your market involvement or individual trade activity.
The abrupt reversal pressures the bullish view. Weakness below 1.3065 would offer the first hint a reversal has occurred. 1.2970 is the next significant support. A break of it would raise the possibility the alternate count shown on the first chart is operative. It has a triangle wave ((b)) unfolding with wave (d) underway.
Disclaimer:
The information contained in this presentation is solely for educational purposes and does not constitute investment advice. We may or We may not take the trade.
The risk of trading in securities markets can be substantial. You should carefully consider if engaging in such activity is suitable to your own financial situation.
We,Genesis Trading Center is not responsible for any liabilities arising from the result of your market involvement or individual trade activity.
Disclaimer
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