FX:NZDCAD   New Zealand Dollar/Canadian Dollar
NZDCAD has approached in **HEAVY SUPPLY ZONE** with Overbought price action, ratios
and expected to correct itself with (+150 PIPS) downside
use these preferences to open a trade,
STOP LOSS - 0.93098
TARGET - 0.91171
Trade active: NZDCAD - 60M CHART (FIRST TARGET BOOKING AT 0.91980)
Trade active: We Identified a BEARISH SHARK on Daily chart,
let us know what's your thoughts on this?
Trade closed: target reached: NZDCAD - TP HIT (+140 PIPS) of Profit!
(That's what we call a golden opportunity)
Let us know how you did!
Trade closed: target reached:
my view , it has broken down trend and now to re-test , it may re-test to complete your idea too
+1 Reply
@amjad36, Hi, thanks for sharing but when there is heavy supply in the market it's super hard to continue going up especially when the price is overbought!
+1 Reply
Floretta BloomFisher
@BloomFisher, this differens complitely from yours, his is 1w and you posted 1h chart :)
BloomFisher Floretta
@Floretta, When there's supply it's not on H1 or Weekly it's for all time frame, DEMAND and SUPPLY are classics, new strats and indicator can't replicate the older patterns! :)
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