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VladimirRibakov

NZDCAD Sell Idea

Short
New Zealand Dollar/Canadian Dollar (FX:NZDCAD)  
VladimirRibakov  
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
Trend Analysis NZDCAD SELL Bearish Trend Line bearishdivergence Bearish Patterns
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trendanalysis nzdcad sell bearishtrendline bearishdivergence bearish
D1 - Price is nearing the downtrend line. If we didn't get a valid breakout here we may then expect the price to respect this trend line and move lower again.

H4 - Price reached the critical zone and move lower, bearish divergence.

We may now expect one more push higher with the price reaching the critical zone again, we may then start looking for sells with bearish evidences.
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