NZDCAD - Top-Down Analysis!

Hello everyone, if you like the idea, do not forget to support with a like and follow.

DAILY: Right Chart
NZDCAD is sitting around a strong resistance in green so we will be looking for sell setups on lower timeframes.

M30: Left Chart
NZDCAD is forming a channel in red but the lower trendline is not valid yet, so we will be waiting for a third swing to form around it to consider it our trigger swing. (projection in purple)

Trigger => Waiting for that third swing to form then sell after a momentum candle close below it.

Meanwhile, until the sell is activated, NZDCAD would be overall bullish can still trade higher inside the green resistance or even break it upward.

Good luck!

All Strategies Are Good; If Managed Properly!
~Rich