NZD/CAD - SHORT RETEST IDEA - QUICK ANALYSIS

2020-02-13 09:49:42

After a large bullish impulse, the downtrend structure has become slightly shallower, indicating a possible shift in the strength ratio towards an increased buying interest.
The lower high is significantly closer to the most previous high compared to other low swings in the downtrend.
-Looking for price to move downwards towards this previous LL area before retesting and possibly reversing.
Please leave a like if you're on a similar wavelength, otherwise feel free to comment any ideas that suggest the possibility of alternate price movements!
(ALL FEEDBACK IS APPRECIATED)

Have a fantastic day traders!