Not long to go until the markets open! here is a potential four hour short setup on NZDCAD , Price is already at our AOI (Area of Interest) and we are waiting for a confirmation at this level to short it!
We have two possible entries for you!
First entry is at the current level off the 618% fib level, trendline touch, and support now turned resistance.
The second and safest entry would be a break and retest of the small counter trendline.
if you plan on taking this trade then make sure you go down to the smaller timeframes 1hr/15mins and look for some nice rejection or candles!
1:4.91 RR with a 45 pip stop loss
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