USD/CAD
Second scenario, most likely the first scenario is invalid. If it doesn't hold up, there can be another stophunt and we're looking at a needed rejection at the blue region before starting a bearish tumble. Under perfect conditions, this should be a wick entry.
Projection:
Second scenario, most likely the first scenario is invalid. If it doesn't hold up, there can be another stophunt and we're looking at a needed rejection at the blue region before starting a bearish tumble. Under perfect conditions, this should be a wick entry.
Projection: