GBPAUD (1H) – Bullish Divergence Buy Setup
GBPAUD has been in a short-term bearish trend on the 1-hour chart, but a bullish divergence on the RSI oscillator suggests selling momentum is weakening and a reversal may be beginning. We propose a market buy entry with defined stop and target levels to manage this potential bounce.
Entry: Market Buy (GBPAUD at current...
EUR/AUD 1H – Bullish Divergence at Support
Divergence Setup
On the 1-hour EUR/AUD chart, price makes a lower low while the RSI indicator forms a higher low. This classic bullish divergence indicates weakening bearish momentum and a likely reversal. RSI is coming out of oversold territory, suggesting buyers are gaining strength near the bottom.
Support Zone...
Entry: Buy Stop at 0.55713
Stop Loss: 0.54924
Take Profit: 0.56514
📌 Analysis:
The chart shows a clear bullish divergence on both the 4H and 1H timeframes, indicating potential upside momentum.
The RSI is also confirming a shift in strength, supporting a possible reversal.
A break above 0.55713 (buy stop level) would confirm bullish continuation.
🎯 Trade...
AUD/USD Bearish Divergence – Sell Setup Pending Confirmation
Description:
AUD/USD is showing signs of weakness as a bearish divergence forms between price and RSI/MACD on the H1/H4 chart. While price makes higher highs, momentum indicators are printing lower highs — suggesting a potential shift in momentum.
🔽 Trade Setup:
Entry: Sell Stop below recent swing...
Trade Setup Details for USD/CHF (4H Chart)
Overview
Pair: USD/CHF (US Dollar / Swiss Franc)
Timeframe: 4H (4-hour chart)
Date of Analysis: April 23, 2022
Current Price: 0.82920 (as shown on the chart)
Market Sentiment: Bullish (indicated by "Bullish Divergence" on the RSI)
Trade Setup
Trade Type: Buy
Entry Point: 0.82792
The entry is marked just above the recent...
AUDUSD is currently in a bearish trend. However, a bullish divergence has formed on the RSI, signaling potential weakening of the downside momentum. I will look for a buy opportunity with a buy stop order placed above the most recent lower high (LH). The trade setup will be activated only if price breaks above the LH, confirming a possible shift in structure and...
CADJPY – Potential Bullish Reversal Setup
CADJPY has been in a sustained bearish trend; however, signs of a potential reversal are emerging. A bullish divergence has been identified on the RSI, signaling weakening bearish momentum. Additionally, the price has broken out of a parallel descending channel, further supporting the possibility of a trend...
The EUR/USD currency pair has been exhibiting a bullish trend. However, recent technical indicators suggest potential bearish signals. Specifically, a bearish divergence has formed on the Relative Strength Index (RSI), and a rising wedge pattern has been identified. These developments indicate a possible trend reversal. To capitalize on this, I plan to place a...
