FX:AUDUSD Australian Dollar/U.S. Dollar
Hello, convergence-divergence is a hole trading strategy. In very simple words: price always moves from convergence to divergence. If we can identify a valid convergence (like this) then we should switch to lower TF, in this case H4 to find a divergence (im not showing this). Usually price reaches the convergence level shown on this chart (0.7261). Regards.