AUDUSD on/near a 4 hour time frame demand level. I notice this level this morning but price was already ripping higher. However after US GDP data ( strong for USD) price is retracing back to the level giving a positive risk profile (original risk profile for this trade is 3.2 R) Trade is closed with loss if price closes below the lower level of demand on a 4h candle
Trade active
Trade closed: target reached
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.