FX:AUDUSD   Australian Dollar / U.S. Dollar
daily demand has been consumed and price dropped below the level. A retrace/test offers a nice opportunity to go short untill next (daily) demand zone. Stop Loss goes above the zone.
Comment:
one can see the different shades of green in the zone. These are the different timeframes. This can be convenient for placing stop losses and help reducing the amount of pips and increase the RRR
Trade closed: stop reached:
partial profit taken before stop loss got triggered. break even trade.
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