Divergence with MACD in AUDUSD 4h
Divergence between the price of the AUDUSD and the MACD indicator near the Resistance at 0.73500. If it's rejected again, I think the price will look for the 200 period MA.
My strategy:
Risk/Profit Ratio: 1:5
My strategy:
Risk/Profit Ratio: 1:5
- SELL STOP 0.73500
- TP 0.72500
- SL 0.73700
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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.