In my opinion it is possible to see the price get lower on nzdcad in nearest future. Price reach the resistance and shows the fast rejection reaction. Then price goes higher but very slowly. This could mean that the bulls lost their momentum. Currently it's like cachign the top so a little bit risky.
Of course nothing is certain in stock.
Pros:
+ resistance level
+ possible double top
+ great RR = 4
Cons:
- slow sysematic grow could last long
- against the overall trend from last few weeks