NZDCAD price is now really at the top (high value area) of High TF ascending corrective structure. We close last week with a clear momentum to the downside. I see no other option to make use of this upcoming beside from take the short entry as early as possible as it shows any sign of reversal.
I’m now waiting for just one more trigger for the price to confirm the move to the downside and trigger my short entry. I’m expecting the price to form a small continuation structure (H1 or M15 depending on structure). I will take a short entry as the price break the continuation structure.
Lets see how will this pair develop. Good Luck
Here is the MOA FX , please comment below if you have any question.
The ENTRY in the market will be taken only if the condition of the MOA Fx strategy will trigger.