TheSignalyst

NZDCAD waiting for the sell setup to form

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
on DAILY: NZDCAD is sitting around a strong resistance zone in green so we will be looking for objective sell setups on lower timeframes.

on H4: NZDCAD is forming a channel in red but it not valid yet so we are waiting for a third swing to form around our lower red trendline to consider it valid and then enter on its break downward.

This analysis is done using RichTL
www.RichTL.com

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