girolamoaloe

NZDCAD - I am waiting for a Sell Trade on Supply

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
The price is approaching with a strong momentum to the lowest Supply Level.

It is a risky level for a Sell. But taking in consideration that it is also in correspondence of the head of the last large swings, I could chose to risk a trade there, considering also that the main trend in the higher time frame is bearish.

Target in the Demand Level, so as it visible on chart.

What expectation to you have for this currency?

Thank you

girolamoaloe.com

Gain access to my Scripts Registering on
Profiting Me Finance Analytics > profiting.me/

Girolamo Aloe - girolamoaloe.com/
FB - www.facebook.com/aloe.girolamo/
IN - www.instagram.com/aloe.girolamo/
Disclaimer

The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.