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shoaib_s
Feb 9, 2023 1:58 AM

AUD/USD short  Short

Australian Dollar/U.S. DollarFXCM

Description

I was trying to get a quick snipe in the previous trade and believed that this trade would go up to the 0.69783 zone. However, that wasn't much of a scalp trade due to the fact I made that analysis looking at higher time frames and it was an unrealistic snipe that resulted in the trade not even being triggered.

Now, that I see the supply and demand zones in a smaller time frame, I believe that the market structure will continue downward but before it does we will reach our supply zone and get rejected. Hence this set-up

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