SimonVerlinde

NZDCAD SHORT

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OANDA:NZDCAD   NZD/CAD
Weekly:
- Bullish driver (-)
- Bullish candle close (-)
- Bearish MS (+)

*Rejected previous support at resistance (+)
*Rejection aligns with selling zone (+)

Buying zone was also touched BUT selling zone is last active and we NEED to see that on the daily TF!

Daily:
- Bearish
- Bearish driver
- Bearish W
- Corrective PA (2x -27 FC's)

*Daily 100 level has been tapped
*Leg 3 is formed in 2 days, Leg 4 is formed in 10 days (+)
*Ascending channel with 3rd touch (+)

4H:
- Bearish driver
- H&S with double top with break

*Bear flag (+)
*Ascending channel with -27 FC
*As we speak, we receive a confirmed break of structure (+)
*Impulsive break of channel (+)

*Our Weekly TF has not many confirmations or indications in our favor BUT the Daily and 4H has many

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