Mustangsvt281

AUD/NZD Bullish Reversion Trade

Long
FX:AUDNZD   Australian Dollar / New Zealand Dollar
The strategy used for this script was intended to take advantage of mean reversions in trading. The big green triangle signals bullish divergence and the other buy signal indicated a mean reversion detected. Along with basic chart analysis we can confidently take a long position here and I'm targeting a fill of the FVG(fair value gap) just overhead. First point of resistance is the sell side liquidity. Once that is breached we will retrace back to the FVG and secure our final profits there!

Goodluck!
Comment:
Did not fill the gap and reversed before being filled and we were stopped out!
Trade closed: stop reached:
stopped out

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