11-12-2023 _ Short Term Bearish Idea _ NZDCAD H4
Price ranging below strong support zone.
Divergence at major level of resistance.
Bearish Divergence on RSI Indicator.
Bearish Divergence on MACD Indicator.
Rising Trendline Breakout.
Strong bearish candles.
Enter @ Current Price and at Retest of the Rising Trendline
Protection above Strong Resistance Zone.
Targets @ 38.2, 50 & 61.8 Fibo. Retracement.
Divergence at major level of resistance.
Bearish Divergence on RSI Indicator.
Bearish Divergence on MACD Indicator.
Rising Trendline Breakout.
Strong bearish candles.
Enter @ Current Price and at Retest of the Rising Trendline
Protection above Strong Resistance Zone.
Targets @ 38.2, 50 & 61.8 Fibo. Retracement.