NZDCAD Long Trade Setup

Hello Traders

The last bottom can be the end of the 2nd wave and the strong reaction can be the reversal impulse. That's why I'm waiting for a correction to place an entry order above the last top. As you can see it's still in the downtrend. So, it can also make a correction below the trendline and a new low. We will see if it breaks the trendline or come back. In the case of the breakout, I will buy more.

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Trade with care.
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