NZDCAD Supply&Demand setup
2020-02-10 03:39:13
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.