AUDUSD – Approaching Demand Zone (Support) on H4 Time Frame


Click here to view chart.
– Price broke above down trend line
– Would look to go long around the demand zone highlighted on the 4 hour time frame.
The demand zone also confluences with the 61.8%/78.6% Fib Retracement of AB (last significant up move).
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This entry was posted in AUDUSD, Fibonacci, Forex, Misc. Setups, Support (Demand) - Resistance (Supply). Bookmark the permalink.

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