NZDCAD Bearish setup, however...
In the daily timeframe, you'll see a beautiful bullish flag which hasn't found completion, yet! In the meantime, I'm going short. I chose to put the chart on a 4hr timeframe since it is the immediate move that matters. I'll give you an update later on.
Note
Adjust stop-loss in view of the structure. Remember to look out for a buy opportunity once tp is hit.Note
Next time I'll use a higher time-frame just to improve on the specifics of the analysis.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.