Hello and welcome to my Trade Idea of the currency pair NZD/CAD.

Lets start with the Top Down Analysis.


Monthly: Monthly is very bearish with nice up and down waves.

Weekly: The weekly timeframe is permanently falling with nearly no pullbacks.

Daily: Daily is bearish too.

H4: We draw the counter trendline on the h4 timeframe and wait for a confirmed breakout.


Have a nice day.
Chart PatternscountertrendlineForexTechnical IndicatorsNZDCADshortswingtradeTrend Analysis

Disclaimer