AUDUSD potential BUY demand setupWe see a clear break of structure with the market recovering from the drop from a couple days ago. Usually after a aggressive drop like this we have fair market gaps that need to be filled near a supply that was created.
We as traders are playing the game of probability and waiting for the next pull back to the demand below and wait for the rejection candle to close of the demand and take the next candle that breaks the rejection candle for the buy up to the supply. Remember is all probabilities the market is random it can do what ever it wants but as traders we study patterns from the pass and react to confirmations that are in favor of our Edge and use risk management just in case it doesn't play out and that is what makes you a great trader.
