AUD/CAD just made a strong move down, but instead of reacting, I’m observing the chart closely for a possible divergent reversal setup. This is not a trade entry—this is a watchlist note based on what would qualify as a potential long.
Key Conditions I'm Watching For
✅ Momentum divergence developing—momentum is high but starting to tilt downward
✅ Rejection pattern such as:
A hammer candle
Multiple failed attempts to go lower
Strong wick showing price rejection
✅ Volume must be at least 75+ to validate the shift
✅ Structure must align with the idea—price should show hesitation at the lows, not continuation
Chart Notes
This chart currently shows:
2 documented losses—included for transparency and improvement (1 provided a valuable lesson to be applied in all future trades)
Final Thoughts
This is a high-potential scenario developing, not a confirmation to enter. My strategy requires multiple layers of alignment before committing to any trade. I’ll continue monitoring this pair for a setup that meets all conditions.
If it comes, I’ll be ready. If not, I wait.
Key Conditions I'm Watching For
✅ Momentum divergence developing—momentum is high but starting to tilt downward
✅ Rejection pattern such as:
A hammer candle
Multiple failed attempts to go lower
Strong wick showing price rejection
✅ Volume must be at least 75+ to validate the shift
✅ Structure must align with the idea—price should show hesitation at the lows, not continuation
Chart Notes
This chart currently shows:
2 documented losses—included for transparency and improvement (1 provided a valuable lesson to be applied in all future trades)
Final Thoughts
This is a high-potential scenario developing, not a confirmation to enter. My strategy requires multiple layers of alignment before committing to any trade. I’ll continue monitoring this pair for a setup that meets all conditions.
If it comes, I’ll be ready. If not, I wait.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.