AUDUSD โ€“ Bullish Trade Setup (1H Short-Term Divergence)

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โœ… Market Snapshot:
Pair: AUDUSD

Timeframe: 1 Hour

Direction: Short-Term Bullish

Signal: Bullish Divergence โ€“ Lower lows on price, higher lows on RSI/MACD

Bias: Reversal or retracement likely from recent bearish leg

๐Ÿ” Technical Confluence:
Divergence confirms slowing bearish momentum

Price reacting from an intraday support zone or demand area

Candle Structure: Early signs of bullish pressure โ€“ e.g. doji, bullish engulfing

๐Ÿ“ˆ Trade Plan โ€“ LONG Setup
Entry:

On confirmation candle after divergence

Or breakout of a micro-resistance on 1H timeframe

Stop Loss:

Below the recent swing low (beneath divergence)

Take Profit:

TP1: Previous structure high on 1H

TP2: Near 0.618 Fibonacci retracement of last bearish move

Risk-to-Reward: Aim for 1:1.5 or 1:2

โš ๏ธ Things to Watch:
USD news events that may increase volatility

If price makes another lower low without divergence, setup may weaken

Best paired with a break of trendline or order block confirmation
Trade active
TP 1. Done
Trade closed: target reached
Both TP hit

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