WrateyFx

NZD/CAD SHORT

Short
OANDA:NZDCAD   NZD/CAD
here we have a nice short confident setup on NZDCAD , as you can see we was in a big ascending channel but then took a big reverse to the downside creating a reversal channel to the downside, it touched the downtrend line and began dropping back into its small uptrend channel which you can see , looking to make a touch on the bottom trend line of the small uptrend channel . aswell as its got bearish divergence which is another confirmation.