AUDUSD 4HR LONG

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1: 1.3 risk reward. String reaction on demand zone followed by a confirmation candle closing above the pin par wick.
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Stops should have been a little e.g. 10pips away from the wick of pin bar where our entry was. But this was more of an institutional push into the lows to trap retail traders into going short and then price exploding into the upside taking out all stops of short positions.
Trend Analysis

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