A simple divergence trade on AUDUZD

AUDNZD is in a strong uptrend. There are some reversal signs on H4 but we can back this to test the high of 1.11000.

M15 bullish divergence. Stop loss is just 40 pips. Good luck!

Trade fermée: ordre d’arrêt atteint:

This hit the SL on Monday morning. It was another trade where there was a more consolidation candles against us as compared to the pips moved.

This will become a mandatory rule moving ahead as there are too many losing trades in this area.

09/05/22 DEAL AUD/NZD Mini converted at 0.890574091875 SD SD-35.62
09/05/22 WITH Daily FX Interest for 1 day AUD/NZD Mini converted at 0.8907 SD SD-0.51

Funds: SD10,280.85