NZDCAD - Potential Bearish Reversal!

Hello TradingView Family / Fellow Traders. This is Richard, as known as theSignalyst.

on WEEKLY: Left Chart
NZDCAD is sitting around a resistance zone so we will be looking for sell setups on lower timeframes.

on H4: Right Chart
For the bears to take over, we need a momentum candle close below the last low in gray.

Meanwhile, until the sell is activated, NZDCAD can still trade higher or even break the resistance zone .

Always follow your trading plan regarding entry, risk management, and trade management.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich