NZDCAD market structure breakdown

After slipping to weekly lows, we saw price consolidating into a market structure with multiple break of structures ⬇️⬆️. However, we also have valid zones on both side of the trend📈📉 as price has also reached a zone of liquidity in a higher timeframe (Daily)📊.

Market structure as per TF:
1. DAILY - Bullish⬆️
2. 4H - Bearish ⬇️
3. 2H - consolidated (recent market structure shift to bullish, awaiting confirmation of new trend)

Possible trades:
1. 📉Our first trade opportunity is a bearish one targeting our previous week low. Although this is a bearish setup, this is just aligned with just the smalled timeframe and price can possibly reject to give us a fully Bullish trend.

2. ⬆️Our bullish trade will be aligned with our 2H+4H market structure with a recent market structure shift awaiting confirmation. As price has reacted to a pool of sellside liquidity from our daily swing high, we can have a good trade going bullish.

An update will be posted post-market next week📝

THIS IS NOT A TRADE SIGNAL, but a chart breakdown and analysis as per strategy📊