Description: As shown above we have NZDCAD . We are currently Bearish having broken out of the bus channel we are swiftly returning a break back into the channel will be a perfect opportunity to join the trend. Price has just broken out of the triangle the BLUE line if you look left is previous structure a break and close below this will signal strong bearish control i would then look to SHORT this Pair. .
Indicators: 50 & 200 EMA possible bearish cross on 1HR
Duration: Long Term
Decision: I will SHORT this pair on a break Below the BLUE line followed by confirmation with a break back into the channel.
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