FX:AUDUSD   Australian Dollar / U.S. Dollar
This trade is still active. I was in on the 1HR time frame but was stopped out at breakeven. I then played it again on the 5 min timeframe. You'll notice how the market needs to create liqiuidity to move back and forth. When I got in on the 5 min time frame, you'll notice the market created equal lows and there was one more spike down to my entry before finally taking off. As you'll notice, the market was sweeping for those lows (liquidity) without breaking structure to the downside which ultimaltely gives confidence in the trade going in the desired direction.
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