NZDCAD POSSIBLE BEARS

10 באפר׳ 2022

Looking at this pair from the Monthly TF i observed how Monthly Candle closed below resistance and i also noticed how the market went for a retest of the neckline of the M formation and as it is mostly after the retest of the neckline we expect a bearish reversal, going down to the Weekly TF we can see the big shift in momentum which shows that bears are fully in as a M formation is also noticed and my EMA's are in support of my confluence, also the Daily closed strong bearish in which i'll be looking for a suitable entry at Daily resistance combine with LTF's which is for my ENTRY with a nice RR...