NZDCAD SHORT

1 thg 2, 2020

Price has been creating lower highs in addition to trading below the 200EMA making me inclined to short. On the daily, you’ll note Price has created a Head and shoulders patten, successfully breaking the neckline. In order to enter this, I’d like to see price retrace the neckline at which point price will likely be overbought and we can look for rejections to short.