NZDCAD will go BEARISH

Our candles are approaching the ZONE, meaning we are currently on a bearish trend which is predicted to hit our TAKE PROFIT. Currently, because we have just moved from bullish trend from our daily chart, we still have our 200 EMA and 100 EMA indicating a buy. However, our 10 EMA, 20 SMA, and 50 EMA are indicating a sell. And as we all know, 50 EMA or 50 SMA are used in determining the trend of a chart. So, since 50 EMA and 50 SMA are telling us we are on a bearish market, then we have to place our entries in a sell position.