NZDCAD TREND CONTINUATION !

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Hello Traders and everyone, HADI IS HERE

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NZD/CAD, As we can see NZDCAD is bearish from a long term perspective

As the price is now clearly bullish making clean higher highs and higher lows trading inside this channel
however, we are bearish from a long term and approaching a strong resistance zone right !

so we will be searching for sell setups

for the bears to take over again we need a new swing low around the trendline then a break as shown in the picture
we will be targeting 1-2 RISK TO REWARD RATIO for a risk managment perspective

until that happens, we are bullish and price can still dive more before reversal

and as usual follow your trading plan and manage your risk.

Be patient and good luck!

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