1. reversal closed on daily at support.
2. Price at bottom of
3. NZDCAD at yearly highs.
4. Descending ( ) within channel
5. All oscillating indicators are in oversold territory. ( patterns or price always precedes the curl back of oscillators from overbought or oversold conditions to normal conditions )
Set pending sell stops on the break of the candle's highs.
Set stops below the lows of the and targets around 0.865 since price has a chance to stall at that level. Monitor lower time frames and see if momentum warrants extending targets.