


PassitivityAI
Price mitigated our weekly demand zone last month. Now it's trying to get out from our Bearish channel. After clear sign of break of structure (otw to it's next zone $45k-52k), you may execute new trade order in our h4 liquidity zone
I expect NZDCAD to go lower but I saw a hidden bullish RSI Divergence in the daily timeframe - and so I would expect a bit of retracement before it continues to drop. Wait for the price action in the resistance areas before opening a short position
If the price breaks through the trend line and resistance area, it is highly probable that the bearish movement would make a continuation. Wait for for the breakthrough and retest first. If it does not, then it may be best to go for a long position.