Last week on AUDUSD we took a 2% loss totaling 2.8% lost on phase 2 so far. Crazy part is our bias last week was completely right and we caught a good entry but price just wasn't quite ready to fall like it has been recently. We are now looking for a retracement back into the zone to then look for a entry depending on the confluences we see show itself.
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Disclaimer
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.