Divergence with MACD in AUDNZD 4h
Divergence between the price of the AUDNZD and the MACD indicator near the Support at 1.05600. If it's rejected again, I think the price will look for the 200 period MA.
My strategy:
Good trading! ^_^
My strategy:
- Initial Risk/Profit Ratio: 1:2
- BUY LIMIT 1.05600
- TP 1.06200 (once near change to trailing stop looking TP near of 200 period MA)
- SL 1.05300
Good trading! ^_^
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.