RSI Divergence Trading Strategy

25 October 2024, 10:10
Taofeek Bello
0
96

Divergence exist in EURUSD, GPBUSD on 4 hour timeframe.

25th October, 2024 -

Trade recommendation - Enter SHORT position at (eurusd - 1.0827) and (gpbusd - 1.2974)Place stop loss (5 - 10 pips) and profit target (10 - 20 pips)

Result = -20 pips

28th October, 2024 -

Trade recommendation - Enter SHORT position at (eurusd - 1.0827) and (gpbusd - 1.2974)Place stop loss (5 - 10 pips) and profit target (10 - 20 pips)

Result = +40 pips

29th October, 2024 -

Trade recommendation - Enter SHORT position at (eurusd - 1.0827) and (gpbusd - 1.3032)Place stop loss (5 - 10 pips) and profit target (10 - 20 pips)

Result = +20 pips

30th October, 2024 -

Trade recommendation - Enter BUY position at (eurusd - 1.0802) and (gpbusd - 1.2998) Place stop loss (5 - 10 pips) and profit target (10 - 20 pips)