NZDCAD Short Call !!!!

١٠ فبراير ٢٠٢١

H4

• Triangle pattern break out and retesting the upward trend line ( purple line )
  
• Currently support by retracement Fibo level 0.236 and 200 SMA
  
• MACD shows a strong bearish momentum
  
• Histogram of MACD shows a red histogram that's mean the momentum still strong in bearish
  

Daily

• MACD line and Signal across to down and shows a downward trend signal
  
• The first red histogram formed under 0 shows the start of a bearish trend
  

What to do now?

• Short the market immediately or
  
• Waiting for confirmation due to currently is retesting the resistance zone and facing support on H4
• Please do your own proper risk management
  

#Good Luck to all traders!!!#