GBP-NZD Risky Short! Sell!
Hello,Traders!
GBP-NZD is about to retest
The falling resistance line
And as the pair is in the downtrend
I am bearish biased
So I think the price
Will make a local pullback
Towards the target below
Sell!
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Downtrend
CADJPY - Potential Short PositionPlease give me some feedback and let me know what you think.
Multi time frame Analysis
1D time frame price is in a strong Downtrend giving a Short Bias
1H time frame price have retraced back to Fib Zone and bouncing off 50EMA and RSI is less than 50% signaling weakness
AUDNZD - Possible Short PositionPlease give me some feedback and let me know what you think.
Multi time frame Analysis
1D Time Frame price is in a steam strong downtrend and respecting 50EMA and bounce from trendline giving a Short Bias
1D Time Frame Fib retracement zone lines up with trendline and 50EMA signaling a strong zone
1H time frame price current Long Bias as price broke trend line and structure, this signals a start of the retracement
Setup and Entry
Wait for price to reach Fib Zone and clear Price Action reacting to Zone
Enter at the break of the short term Trendline and 50EMA
✅AUD_JPY POTENTIAL SHORT🔥
✅AUD_JPY is trading in a downtrend
Along the falling resistance line
Which makes me bearish biased
And the pair is about to retest the resistance
Thus, a pullback and a move down are expected
With the target of retesting the level below
SHORT🔥
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