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JD_TeenTrader

A simple divergence trade on AUDUZD

Long
Australian Dollar / New Zealand Dollar (FX:AUDNZD)  
JD_TeenTrader Updated   
FX:AUDNZD   Australian Dollar / New Zealand Dollar
Trend Analysis Harmonic Patterns Chart Patterns AUDNZD audnzdlong Bullish Divergence Relative Strength Index (RSI) buynow
2
0
trendanalysis harmonicpatterns chartpattern audnzd audnzdlong bullishdivergence relativestrengthindex buynow
AUDNZD is in a strong uptrend. There are some reversal signs on H4 but we can back this to test the high of 1.11000.

M15 bullish divergence. Stop loss is just 40 pips. Good luck!
Trade closed: stop reached:
This hit the SL on Monday morning. It was another trade where there was a more consolidation candles against us as compared to the pips moved.

This will become a mandatory rule moving ahead as there are too many losing trades in this area.

09/05/22 DEAL AUD/NZD Mini converted at 0.890574091875 SD SD-35.62
09/05/22 WITH Daily FX Interest for 1 day AUD/NZD Mini converted at 0.8907 SD SD-0.51

Funds: SD10,280.85
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