NZDCAD: Structure Based Trade (Trading Plan)
⚠️NZDCAD reached a major daily structure resistance .
after a strong bullish wave the price has stopped on that and we see clear weakening signs:
we see multiple rejection on hourly and double top formation with a lower high.
0.8973 is its support.
I want to see hourly violation of that to initiate short position.
in case of a new higher high above current tops, setup will be invalid.