NZDCAD Short Term Sell Idea After Bearish Trend Pattern
D1 - Potential double wave down.
Price still has room lower towards the 61.8% Fibonacci expansion level of the first wave.
Currently there are no signs of a trend change.
H4 - Bearish trend pattern.
Currently it looks like a correction is happening.
Until the strong resistance zone holds my short term view remains bearish here.
Price still has room lower towards the 61.8% Fibonacci expansion level of the first wave.
Currently there are no signs of a trend change.
H4 - Bearish trend pattern.
Currently it looks like a correction is happening.
Until the strong resistance zone holds my short term view remains bearish here.