AUDCAD - Liquidation on Weak Demand and Bearish Trend Pivots
AUDCAD - Liquidation on Weak Demand and Bearish Trend Pivots.
I opened my trade in the latest Trend Pivot. The price how is Under Extended.
The price was driven up and liquidated on the top. Trend was choppy for a few waves, marking Trend Pivots and in a couple of waves retraced high.
The Asset Value at Risk follows the Bearish Momentum.
Details on the chart.
Thank you
Girolamo Aloe
Disclaimer
Nobody in Girolamo Aloe websites is a Financial Advisor and nothing herein is intended to be constructed as Financial Advice. Every content is for information and educational purposes only. Trading carries high risk. You should not invest money that you cannot afford to lose. Past performance is not an indication of future results.
I opened my trade in the latest Trend Pivot. The price how is Under Extended.
The price was driven up and liquidated on the top. Trend was choppy for a few waves, marking Trend Pivots and in a couple of waves retraced high.
The Asset Value at Risk follows the Bearish Momentum.
Details on the chart.
Thank you
Girolamo Aloe
Disclaimer
Nobody in Girolamo Aloe websites is a Financial Advisor and nothing herein is intended to be constructed as Financial Advice. Every content is for information and educational purposes only. Trading carries high risk. You should not invest money that you cannot afford to lose. Past performance is not an indication of future results.
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