NZDCAD broke out of structure, look for continuation now

Hi everyone:

NZDCAD has finally broke down from this long term ascending channel structure that I have been patiently waiting for.

We know that when price is corrective, the price likely to move up and down for a period of time. This first bearish impulse can be the start of the next bearish trend.

I would now wait for a clean, LTF continuation correction to form here and look for the sell entry down to the lows.

Thank you

Kommentar:

Look for more LTF corrections to get in :)

Kommentar:

Continuation correctional structure, looking for further downside.