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IronWings
Apr 19, 2023 10:09 AM

Aud /Usd Short win trade Short

Australian Dollar/U.S. DollarFXCM

Description

Price consolidated, looking at price on the 15 min time frame.
Price broke Higher low structure to the downside,
Price re-tested deep into an order block, creating a lower high.
I then used my Fibonacci to identify the 50% retracement levels.
I then put my SL above the previous lower high and then aim
for the lower demand zone.

Good trade.
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