ant_capital

NZDCAD 4h Analysis May 18th, 2021

Short
OANDA:NZDCAD   NZD/CAD
We are overall in a bearish trend and now the market is moving in a correction phase. As our bias is bearish we wanted to see a break below the previous structure low and enter short after the retest. But if it managed to retrace back to the resistance level we are still looking for short positions back to the support level.

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