Hey traders, this setup is going long for some short term pips.
-There has been 4 touches on this key support level, all of which have had stop loss hunts as seen by the long wicks & dips. -There is very little demand that would keep it at these levels as seen by the volume profile. -I see the green box as a nice target price for this short term long.
Watch out though as this trade may sit in this yellow demand zone for a little and maybe even try to get another stop loss hunt.
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