First case, AUDUSD having a Hidden Divergence pattern on the Weekly chart. When an entry signal came on the Daily chart, I decided to trade in the Trading Zone (turquoise rectangle) on the 1 HR chart with a cost averaging approach. I lost 13 pips on the first trade but got them back on the second trade. I’m waiting for more entry signals, as long as MACD does not cross the 0 line on the Daily chart.
For the second case, I spotted a HD pattern on the Daily chart and entered a short trade on the 4HR. I closed the trade as price reached the risk in profit (+38 pips).
The third case was a HD pattern on the 4 HR chart. I entered on the 1HR chart and brought my stop loss at breakeven after price reached half the risk. I got stopped out with a +1 pip gain. I prefer gaining little than losing more.
