boring_trading

NZDCAD Supply&Demand setup

Short
FX:NZDCAD   New Zealand Dollar/Canadian Dollar
A quick short on NC. All timeframes are aligned in a downtrend since the price formed and retested a new weekly supply zone. I'm waiting for a retrace to the last H4 supply and a nice ride down to the opposing demand. There is a monthly demand zone just below so we need to be a bit careful as a major trend change is on the horizon.
Trade closed: stop reached:
Entry triggered and I got stopped out on my broker because of the news, even if here the stop was not hit yet.

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