Hello and welcome to my Trade Idea of the currency pair NZD/CAD.
Lets start with the Top Down Analysis.
Monthly: We see on the monthly timeframe beautiful waves to the downside.
Weekly: The weekly timeframe is very bearish.
Daily: On daily we see a little pullback to the upside.
H4: Here we draw the counter trendline. We wait for a confirmed break and then we expect a push to the downside.
Have a nice day.
Lets start with the Top Down Analysis.
Monthly: We see on the monthly timeframe beautiful waves to the downside.
Weekly: The weekly timeframe is very bearish.
Daily: On daily we see a little pullback to the upside.
H4: Here we draw the counter trendline. We wait for a confirmed break and then we expect a push to the downside.
Have a nice day.