This is another educational case study showing how TRIX Chart Divergence can work on XAUUSD, this time on the 1H timeframe.
The logic is simple: price updates a local high or low, but TRIX does not confirm the move. The indicator marks the divergence both in the oscillator pane and directly on the price chart.
For me, divergence is not an automatic entry signal. It is only a warning that momentum may be weakening. I still need confirmation, such as a trendline break, an order block reaction, a structure shift, or another price action setup.
On the examples visible on this chart, the previous divergence setups offered around 1:2 R/R or better after confirmation.
Now a new TRIX divergence is forming on the current move. The divergence is already visible, but the trade setup still needs confirmation. I’m watching whether price gives a clean entry setup and how much reaction this divergence can produce.
This indicator is not a standalone trading system. Divergences can warn about a possible correction or reversal, but they do not guarantee an immediate reversal.
The indicator used in this example is TRIX Chart Divergence, available on my profile.
The logic is simple: price updates a local high or low, but TRIX does not confirm the move. The indicator marks the divergence both in the oscillator pane and directly on the price chart.
For me, divergence is not an automatic entry signal. It is only a warning that momentum may be weakening. I still need confirmation, such as a trendline break, an order block reaction, a structure shift, or another price action setup.
On the examples visible on this chart, the previous divergence setups offered around 1:2 R/R or better after confirmation.
Now a new TRIX divergence is forming on the current move. The divergence is already visible, but the trade setup still needs confirmation. I’m watching whether price gives a clean entry setup and how much reaction this divergence can produce.
This indicator is not a standalone trading system. Divergences can warn about a possible correction or reversal, but they do not guarantee an immediate reversal.
The indicator used in this example is TRIX Chart Divergence, available on my profile.
Indicators, updates & setups: t.me/magicdiagonals
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.
Indicators, updates & setups: t.me/magicdiagonals
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.