NZD/CAD
Short

NZDCAD Short Term Sell Idea After Bearish Trend Pattern

D1 - Potential double wave down.

Price still has room lower towards the 61.8% Fibonacci expansion level of the first wave.

Currently there are no signs of a trend change.

H4 - Bearish trend pattern.

Currently it looks like a correction is happening.

Until the strong resistance zone holds my short term view remains bearish here.
Bearish PatternsbearishtrendpatterncorrectiondoublewaveFibonacciFibonacci ExpansionMultiple Time Frame AnalysisNZDCADSELLSupport and ResistanceTrend Analysis

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