NZDCAD SHORT OF WEEKLY SUPPLY
Updated
Hello traders,
Currently looking for a high probability good RR short on NZDCAD. We entered a strong weekly supply zone, and on the 4 hour chart saw a momentum shift with momentum gaining to the downside. We entered on the re-test of the 4 hour supply zone in the box.
My personal entry is 0.88900
SL: 30 PIPS / Aggressive stop would be 40 PIPS.
TP1: 60 PIPS / Aggressive TP1 would be 80 pips
TP2: 90 PIPS / Agressive TP2 would be 120 pips.
Long term target is 0.8600 which is approximately 300 PIPS.
Currently looking for a high probability good RR short on NZDCAD. We entered a strong weekly supply zone, and on the 4 hour chart saw a momentum shift with momentum gaining to the downside. We entered on the re-test of the 4 hour supply zone in the box.
My personal entry is 0.88900
SL: 30 PIPS / Aggressive stop would be 40 PIPS.
TP1: 60 PIPS / Aggressive TP1 would be 80 pips
TP2: 90 PIPS / Agressive TP2 would be 120 pips.
Long term target is 0.8600 which is approximately 300 PIPS.
Comment
Got stopped out.Entered at another loss of momentum at 0.89240
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