D1: Price stalling at resistance zone and might turn downtrend depending on today's closing.
H4 and H1: show downtrend is forming, confirm when price break current support level and continue the current pattern.
Entry
Once downtrend confirmed on lower time frame (H1), short @ retracement zone and bounce (H1 resistance), exit upon H1 market structure...
OANDA:NZDCAD
D1: Price bounced from daily support.
H1: Price break previous resistance and retesting it.
M5: retracement trend approaching H1 support zone and shows slow down sign. Wait for market structure shift and clear uptrend to enter long.
Entry: Once M5 confirm the rally, enter with TP ~0.82725, entry & SL will be determined by market...
