NZDCAD SELL BIAS
Confluences
- Impulse away from third touch of ascending channel
- Strong weekly bearish engulfing candle followed by smaller bullish candle
- Slow down in momentum as we was approaching the channel shown by the dojijs on the daily timeframe and ranging market structure on the lower timeframes
- Triple top followed by impulse
- Impulse away from third touch of ascending channel
- Strong weekly bearish engulfing candle followed by smaller bullish candle
- Slow down in momentum as we was approaching the channel shown by the dojijs on the daily timeframe and ranging market structure on the lower timeframes
- Triple top followed by impulse
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