NZDCAD - descending channel

Updated
The price is moving in a descending channel and has reached the top of the channel and a strong horizontal resistance. From there, it is expected to move towards lower support levels.

1W:
snapshot

1D:
snapshot

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The price broke the ascending trendline and formed a double top.
snapshot
Trade closed: target reached
ForexforexnewsNZDCADnzdcadshortParallel ChannelshortsetupshorttradeSupport and ResistancetradingsignalstradingstrategiesTrend Lines

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