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Bullandbeartrading

NZD/CAD Trade Idea

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
Bullandbeartrading  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis Chart Patterns Technical Indicators NZDCAD short swingtrade Forex countertrendline
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trendanalysis chartpattern indicator nzdcad short swingtrade forex countertrendline
Hello and welcome to my Trade Idea of the currency pair NZD/CAD.

Lets start with the Top Down Analysis.


Monthly: We see on the monthly timeframe beautiful waves to the downside.

Weekly: The weekly timeframe is very bearish.

Daily: On daily we see a little pullback to the upside.

H4: Here we draw the counter trendline. We wait for a confirmed break and then we expect a push to the downside.


Have a nice day.
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