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AUDCAD Breakout Retest BUY

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Flow Assessment

  • Price is in a strong up-flow and the seller pullback is coming in with weaker volatility and strength

Location Assessment

  • We look to trade near the key buyer area, where there was a high volatility reaction previously

Momentum Assessment

  • Allow the sellers to try 1 more time since the sellers approached the key buyer area in a sharp way, but after signs of buyers holding the level even after the seller’s 2nd try, this is a sign for taking the buy

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