Good morning,
Price is approaching the 3rd bounce area of the downward trendline on the 4-hour chart — a key structure zone to watch.
At the moment, momentum is still pointing up, which means buyers are still showing strength.
Before we consider any short setups, we’ll need to see momentum flatten or start pointing down — ideally high and rolling over — to confirm potential continuation with the trend.
Only then will we drop to the 1H and 15M charts to look for VMS alignment and possible entry triggers.
For now, this one stays on the watchlist. Patience first — structure, volume, and momentum must all agree before we act.
#CADSGD #VMS #ForexAcademy #ForexTrading #Downtrend #TrendlineBounce #StructureFirst #AlignedExecution
Price is approaching the 3rd bounce area of the downward trendline on the 4-hour chart — a key structure zone to watch.
At the moment, momentum is still pointing up, which means buyers are still showing strength.
Before we consider any short setups, we’ll need to see momentum flatten or start pointing down — ideally high and rolling over — to confirm potential continuation with the trend.
Only then will we drop to the 1H and 15M charts to look for VMS alignment and possible entry triggers.
For now, this one stays on the watchlist. Patience first — structure, volume, and momentum must all agree before we act.
#CADSGD #VMS #ForexAcademy #ForexTrading #Downtrend #TrendlineBounce #StructureFirst #AlignedExecution
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Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.