GBPAUD – 1H Bullish Divergence at Key Support | Reversal Setup Brewing 🔁📈
Hey traders 👋
GBPAUD is flashing a clean bullish divergence on the 1H timeframe, and the location makes it even more interesting — this is happening right above a strong, previously respected support zone. That kind of confluence is where sharp intraday reversals are born.
📉 Price Action Breakdown
Price has been grinding lower, making lower lows
Meanwhile, RSI (or MACD) is making higher lows → a textbook bullish divergence
This divergence is developing right at a known support level, not floating in no man’s land
That tells us sellers are pushing price down, but they’re losing steam — and buyers may be loading up quietly.
📍 Why This Level Matters
Support has been tested multiple times in the past — clear buyer interest
The current drop lacks momentum — candles are smaller, wicks getting longer
This is often how liquidity grabs and reversals form in FX pairs like GBPAUD
🎯 Trade Setup Idea
Entry: Early entry on bullish candle confirmation, or conservative entry on a minor structure break
Stop-Loss: Just under the support low
Targets: Previous 1H swing highs / fib retracements from recent drop
Risk/Reward? Excellent — you’re buying into weakness with a clean invalidation level.
📌 GBPAUD Showing Bullish Divergence at Key Support – Will It Bounce?
Are you watching for confirmation or stepping in early? Let’s chart it out together 👇
#GBPAUD #BullishDivergence #ForexTrading #ReversalSetup #PriceAction #1HChart #SupportZone #SmartMoney #MomentumShift #TechnicalAnalysis
Hey traders 👋
GBPAUD is flashing a clean bullish divergence on the 1H timeframe, and the location makes it even more interesting — this is happening right above a strong, previously respected support zone. That kind of confluence is where sharp intraday reversals are born.
📉 Price Action Breakdown
Price has been grinding lower, making lower lows
Meanwhile, RSI (or MACD) is making higher lows → a textbook bullish divergence
This divergence is developing right at a known support level, not floating in no man’s land
That tells us sellers are pushing price down, but they’re losing steam — and buyers may be loading up quietly.
📍 Why This Level Matters
Support has been tested multiple times in the past — clear buyer interest
The current drop lacks momentum — candles are smaller, wicks getting longer
This is often how liquidity grabs and reversals form in FX pairs like GBPAUD
🎯 Trade Setup Idea
Entry: Early entry on bullish candle confirmation, or conservative entry on a minor structure break
Stop-Loss: Just under the support low
Targets: Previous 1H swing highs / fib retracements from recent drop
Risk/Reward? Excellent — you’re buying into weakness with a clean invalidation level.
📌 GBPAUD Showing Bullish Divergence at Key Support – Will It Bounce?
Are you watching for confirmation or stepping in early? Let’s chart it out together 👇
#GBPAUD #BullishDivergence #ForexTrading #ReversalSetup #PriceAction #1HChart #SupportZone #SmartMoney #MomentumShift #TechnicalAnalysis
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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.