NZDCAD — Downtrend Intact, Longs Need PermissionNZD/CADOANDA:NZDCADSmellyTazThe bearish leg already delivered into the lower ABC target / WCL reaction area. That part of the move is done. Now the key detail is the active bearish trendline. As long as price keeps respecting that line, the market is still trading in a short-term downtrend. That means forcing longs here is early. Not smart. Not high quality. For me, the better long setup only begins **after** price breaks that trendline to the upside with intent. Not just a wick through it. Not just one random candle. I want to see a real break, acceptance above, and evidence that sellers are losing control. Until then, this is still a chart under bearish pressure, and any bullish idea is just anticipation. So the framework is simple: bearish delivery into the lower target has already happened price is still capped by a bearish trendline longs become interesting only after upside trendline failure if that break happens, the upper WCL becomes the cleaner draw This is the difference between reacting emotionally and trading with structure. Let the market earn the long. Not financial advice.