rludvik

NZDJPY - hidden divergence to rescue [demo account]

Long
rludvik Updated   
FOREXCOM:NZDJPY   New Zealand Dollar / Japanese Yen
Hidden divergence means trend continuation. So I set up two OCO trades - one on breakout of previous daily candle and the other if price pullbacks again to lower channel boundary. Both trades with the same stop losses and targets.

In this case also Wolfe wave would be completed, if charted counting is of any use. Let's see how it will turn out.

Disclaimer: this idea is solely for my own purposes, to satisfy the ego, if it will work out ;)
Trade active:
Limit order got filled in, stop order canceled, fingers crossed.
Trade closed: stop reached
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