hello trader, here is another swing.. price is making bearish momentum (using Mcad as indicator)... price also filled the fvg of 4hrs and price is in distribution phase.. and breakout can happen anytime.. our target is first OB for double bottom or breakout of previous low to reach weekly OB (for all time low).. at the moment we are in breaish Mcad zone... also for NZDCAD you expect the same setup..
goodluck
goodluck
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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.