We got an impulse down followed by a correction higher, meaning lower prices are coming.
Price is currently testing the 78.6% Fib level, if it holds, we should see an impulsive wave to the downside.
This count gets invalidated if goes above 1.3470
Price is currently testing the 78.6% Fib level, if it holds, we should see an impulsive wave to the downside.
This count gets invalidated if goes above 1.3470
Note
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Note
We need to consider this alternate count, where wave E might have ended. Note
1H chart Note
Better than expected GDP data from Canada just send this pair down. Move Stop to break-even at least
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.