tokelohomi

Price was eager to mitigate the supply...

OANDA:AUDUSD   Australian Dollar / U.S. Dollar
The equal lows provided a breaker block because the structure was broken and created a high at 0.65112, then price dropped to break the previous low and provided a hammer candlestick which drove price to the breaker block. Then the breaker reduced all the way and created new low that increased to mitigate the current supply zone, in this scenario we’re looking for a pullback to the order block in order to go bearish to the demand zone…

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