AUD/USD Bearish Divergence – Sell Setup Pending Confirmation
Description:
AUD/USD is showing signs of weakness as a bearish divergence forms between price and RSI/MACD on the H1/H4 chart. While price makes higher highs, momentum indicators are printing lower highs — suggesting a potential shift in momentum.
🔽 Trade Setup:
Entry: Sell Stop below recent swing low at [Insert Price]
Stop Loss: Above recent high at [Insert Price]
Take Profit 1: [Insert TP1] – Prior support zone
Take Profit 2: [Insert TP2] – Extended fib target or next major support
Risk/Reward: Minimum 1:2 R/R
📉 Technical Confluence:
Bearish Divergence (RSI/MACD)
Key Resistance Zone holding
Rejection Candles / Wicks on higher timeframe
Structure potentially forming Lower High
🔔 Trade Plan:
Waiting for confirmation via sell stop trigger to avoid premature entries. Patience is key — only act if price breaks the structure with momentum. Monitor price action closely around the entry zone.
📊 Timeframe: H1 / H4
📍 Market Bias: Short-term Bearish
Description:
AUD/USD is showing signs of weakness as a bearish divergence forms between price and RSI/MACD on the H1/H4 chart. While price makes higher highs, momentum indicators are printing lower highs — suggesting a potential shift in momentum.
🔽 Trade Setup:
Entry: Sell Stop below recent swing low at [Insert Price]
Stop Loss: Above recent high at [Insert Price]
Take Profit 1: [Insert TP1] – Prior support zone
Take Profit 2: [Insert TP2] – Extended fib target or next major support
Risk/Reward: Minimum 1:2 R/R
📉 Technical Confluence:
Bearish Divergence (RSI/MACD)
Key Resistance Zone holding
Rejection Candles / Wicks on higher timeframe
Structure potentially forming Lower High
🔔 Trade Plan:
Waiting for confirmation via sell stop trigger to avoid premature entries. Patience is key — only act if price breaks the structure with momentum. Monitor price action closely around the entry zone.
📊 Timeframe: H1 / H4
📍 Market Bias: Short-term Bearish
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.