CAD/USD Short in the face of Supply Zone

2019-12-16 04:03:39

There is a zone of Supply putting downside pressure on the pair. After a big move up to the Zone area, sellers should come in strong within the next 3 bars or so.

Stop Loss would be a bar closing outside the top of the Supply Zone.

Profit target would be the Demand Zone, unless another Demand Zone forms before then.