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 Significance
The 1.7247 level is a well-tested horizontal support zone. Price has respected this zone on multiple swings, forming a base for a rebound. This strong support provides a logical entry area, since holding above it reinforces the divergence signal.
Entry & Stop-Loss
A buy entry was triggered at the support zone on confirmation of the bounce. The stop-loss is placed just below 1.7247 to protect against a breakdown. This keeps risk very small if the support fails.
Outlook / Target
The bias is bullish. A rally toward the 1.75–1.76 area (target zone) is expected, aligning with prior resistance. The risk-reward is favorable due to the tight stop versus the large upside target, supporting the bullish divergence thesis.
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 Significance
The 1.7247 level is a well-tested horizontal support zone. Price has respected this zone on multiple swings, forming a base for a rebound. This strong support provides a logical entry area, since holding above it reinforces the divergence signal.
Entry & Stop-Loss
A buy entry was triggered at the support zone on confirmation of the bounce. The stop-loss is placed just below 1.7247 to protect against a breakdown. This keeps risk very small if the support fails.
Outlook / Target
The bias is bullish. A rally toward the 1.75–1.76 area (target zone) is expected, aligning with prior resistance. The risk-reward is favorable due to the tight stop versus the large upside target, supporting the bullish divergence thesis.
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這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。