AUDNZD: Divergence Trade
Updated
One of my favorite types of trades are these divergence trades. So, All that needs to be done is a pullback. And I have to determine which will be faster, AUD or NZD. My pending orders are in! Besides this...I am in other trades, like USDJPY.
Note
I am still holding this loser. NZD is stronger than AUD at the moment. I am now bearish Australia against the dollar. Not sure about New Zealand yet.Trade closed: stop reached
Trade almost went to target...but I was stopped out.
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