OANDA:AUDNZD   Australian Dollar / New Zealand Dollar
Patterns of LH's and LL's identified. I've used the RSI indicator to evaluate divergence - and there doesn't seem to be a trend reversal. I've used the Fibonacci Retracement to take my entry point. The equation for stop loss is the same as I use before. Profit levels are evaluated given the amount of risk taken. Total risk is 2% with 1% on Trade 1 and another 1% or trade 2. Let's see how this one goes.
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