NZDCAD potential long opportunity

Hey guys! Hope you've all had an amazing weekend! Just wanted to come on here and post this potential counter-trend trade setup on NZDCAD. So when doing my weekend analysis I had came across this opportunity and had to share. So if you look at NZDCAD months ago price action had a huge jump to the upside. Creating a ton of strong demand and bringing prices to multi-month highs. Just look left on my chart! Now price had been gradually pulling back for some time now and now it has come into a strong demand level and starting to show us signs of failure to break and move lower. With divergent lows (showing us alignment of buyers and sellers with price action is different) gives us confirmation that we may see some relief from this continuous downtrend/ higher TF pullback its been in for some time now. Remember, we are buyers below lows and sellers above highs! Buy low, sell high.. you've heard of it right? lol of course you have! But the trick is understanding from price action and supply and demand when its lows and when its highs! So let's dive in.

1W Chart: you can see on this chart price action had a large push to upside after longer term mitigation of demand. price has been pulling back and last week ended with some buyer pressure. price also sitting at the overall 61.8% fib discount level from that push to upside.

1D Chart: on this chart you can see divergent lows, price failing to break weekly lows from a few weeks ago, and the buyers starting to pop price action to the upside. Leaving a bullish engulfing candle to end last week.

4H Chart &1H Chart: price starting to show potential shift from seller to buyer trend. 4H is still bearish with the 1H breaking the previous lower high. So watch for seller to try to hit it one more time, potential higher low to form or fakeout beneath last week lows, and look for longs!

OK so that is my analysis and trade prediction here on NZDCAD! Remember to always do your own analysis and hopefully this was confirming to your already existing analysis or a help on reading price action! #OPINIONLEADER#