Reversal trading pattern on the aud/usd
https://www.youtube.com/watch?v=Xco-6tVb7PU&t=183s
Reversal Trading Pattern on the AUD/USD
Reversal trading patterns on AUD/USD offer high-probability setups. This commodity-linked pair is volatile. Sharp trends create exhaustion points. Traders spot reversals early for counter-trend entries.
The currency matrix looks at the relative strength and weakness of 28 pairs and ranks them accordingly. The values assigned to each pair can also help to determine the strength in the flows in the time frame under consideration. In this video, it was the Aussie dollar which was of interest following the RBA statement and how this had impacted the aud/usd and a potential reversal on the 10-minute chart.
Common Reversal Patterns in AUD/USD
Look for classic patterns at extremes. Double bottoms or tops show indecision. Head and shoulders mark distribution. Bullish or bearish engulfing candles signal shifts. Pin bars at support/resistance reject levels. Volume price analysis (VPA) confirms these—high volume on reversal candles shows conviction.
VPA Confirmation for Reversals
VPA reveals true intent. Price new low on low volume hints at buying. High...








