NZDCAD is setting up to either breakout north, therefor triggering long, and will short highs of . 8750 , or break down short. Both potential long and short trades are solely defined by a daily trend-line.
I entered into a short trade just before you posted this. Anyway.. i am holding my position for a while and will be hedging it with a long trade. Thanks for the input though. Looking forward to more charts from you. :)
You might be fine, I didn't enter long, 4h didn't close above trendline. NZDUSD is looking heavy and USDCAD might reach resistance before NZDUSD reaches support. I am going to start building a short position here.