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.
Note
Got stopped out.Entered at another loss of momentum at 0.89240
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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.