In this Chart (NZDUSD) we play first with Sell Stop and then if we see Bullish divergence with HH or HL at Point D {PRZ} then we make a Buy Order. Both trade play with SL and TPs.
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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.