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mhzsignals

NZDCAD short opportunity

New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
mhzsignals  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Chart Patterns
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trendanalysis chartpattern
NZDCAD is an overall weekly downtrend, as you can see from the chart it retraced to the upper downtrend rejected it and formed a H4 downtrend in which the price also broke a strong zone.
we wait for the price to retrace and reject after we get the confirmation we are shorting USDCAD
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