AUDNZD - In Bearish TrendThis pair has showed divergence on 1H, 30m and 15m time frames. I selected 15m time frame for analysis. The trend was in bullish trend before the divergence and then entered into a bearish pattern. Also when in bearish pattern it entered into a descending triangle which is continuous pattern, endorsing the downward trend after divergence. I entered into the trade by placing an instant sell order (Market Execution).
The Signal is:
EP: 1.09645
SL: 1.09738
TP: 1.09628
RR: 0.25%
Lots: 0.44