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adammarsden1996
Apr 5, 2020 5:13 PM

AN Long Idea Long

Australian Dollar/New Zealand DollarFXCM

Description

On the monthly time frame we can see the Orange line (Retial Support) has been respected more than 3 times. Price has broken through this support level to take out retial trader that entered Long posoitons at the support area. We could see price head back down to the sniper zone (Marked in purple) to take out any eary retial long traders and then head up in the inteded direction.
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