here we have a nice short confident setup on NZDCAD
, as you can see we was in a big ascending channel
but then took a big reverse to the downside creating a reversal channel to the downside, it touched the downtrend line and began dropping back into its small uptrend channel
which you can see , looking to make a touch on the bottom trend line
of the small uptrend channel
. aswell as its got bearish
divergence which is another confirmation.