NZDCAD - Potential Bullish Reversal!

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

on DAILY: Left Chart
NZDCAD is overall bearish trading inside the orange channel and we are currently approaching a support zone so we will be looking for buy setups on lower timeframes.

on H1: Right Chart
NZDCAD formed a wedge pattern but it is not ready to go yet.

🏹 Trigger => for the bulls to take over, we need a momentum candle close above the gray last swing high to buy.

Meanwhile, until the buy is activated, NZDCAD can still trade lower inside the blue support zone.

📚 Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich