GBPNZD - Divergence Trading
A divergence has formed on 1H chart, Price went back to the expected entry level back. Its good time to enter the trade.
Risk Reward Ratio is 1 to 3.3
Entry: 2.05500
TP: 2.03600
SL: 2.06100
**Always wait for the confirmation candle to enter the trade**
**Always close half of your position after reaching half of the TP and set your SL to your entry price**
**Never risk more than %2-3 of your account. Money management is the master key**
**Do your own analysis and take trades at your own risk**
Risk Reward Ratio is 1 to 3.3
Entry: 2.05500
TP: 2.03600
SL: 2.06100
**Always wait for the confirmation candle to enter the trade**
**Always close half of your position after reaching half of the TP and set your SL to your entry price**
**Never risk more than %2-3 of your account. Money management is the master key**
**Do your own analysis and take trades at your own risk**
Trade active
Comment:
This looks good. Hope you secured half of your profits at 2.04500 area.
Trade closed: target reached:
So the prive went back up but we already secured some sweet pips.