AUD/CHF – Bearish Harmonic Setup with RSI Divergence
Key Structure Highlights:
• ✳️ Bearish Harmonic Pattern (likely AB=CD) completed at point D
• 📉 Bearish divergence visible on RSI while price makes a Higher High (HH) — a classic sign of weakening momentum
• 📊 Clear entry plan with:
• Sell Stop: 0.52928
• Stop Loss: 0.53201
• TP1: 0.52629
• TP2: 0.52337
On the 1H chart, a Bearish Harmonic Pattern has completed near the 0.5315 level. Price formed a higher high (HH), while the RSI shows bearish divergence, signaling a loss of bullish momentum.
🟠 I’m looking to go short below 0.52928 with:
• 🛑 Stop loss above point D: 0.53201
• 🎯 TP1: 0.52629
• 🎯 TP2: 0.52337
🧠 Market Bias: Bearish
Although the recent trend shows higher highs and higher lows, the confluence of:
• Harmonic pattern completion
• Bearish divergence on RSI
…indicates a possible short-term reversal.
Scenario
⚠️ Always wait for confirmation before entering. The structure remains technically bullish until we break below the HL zone.
• ✳️ Bearish Harmonic Pattern (likely AB=CD) completed at point D
• 📉 Bearish divergence visible on RSI while price makes a Higher High (HH) — a classic sign of weakening momentum
• 📊 Clear entry plan with:
• Sell Stop: 0.52928
• Stop Loss: 0.53201
• TP1: 0.52629
• TP2: 0.52337
On the 1H chart, a Bearish Harmonic Pattern has completed near the 0.5315 level. Price formed a higher high (HH), while the RSI shows bearish divergence, signaling a loss of bullish momentum.
🟠 I’m looking to go short below 0.52928 with:
• 🛑 Stop loss above point D: 0.53201
• 🎯 TP1: 0.52629
• 🎯 TP2: 0.52337
🧠 Market Bias: Bearish
Although the recent trend shows higher highs and higher lows, the confluence of:
• Harmonic pattern completion
• Bearish divergence on RSI
…indicates a possible short-term reversal.
Scenario
⚠️ Always wait for confirmation before entering. The structure remains technically bullish until we break below the HL zone.
Dagangan aktif
Dagangan ditutup: hentian tercapai
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.