NZD/CAD Bearish View by ThinkingAntsOk
🔸 4H CHART EXPLANATION:
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🔸Price bounced at the Resistance Zone.
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🔸It is facing the confluence zone between the Ascending Trendline and the Support Zone.
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🔸If this zone is broken to the downside, then the first bearish target is the main Ascending Trendline.
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🔸 Will look for a lower timeframe bearish setup.
🔸DAILY CHART ANALYSIS:
.
.
🔸Price bounced at the Resistance Zone.
.
🔸It is facing the confluence zone between the Ascending Trendline and the Support Zone.
.
🔸If this zone is broken to the downside, then the first bearish target is the main Ascending Trendline.
.
🔸 Will look for a lower timeframe bearish setup.
🔸DAILY CHART ANALYSIS:
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