Gold is in the Bearish Direction after Formation ManipulationHello Traders
In This Chart GOLD HOURLY Forex Forecast By FOREX PLANET
today Gold analysis 👆
🟢This Chart includes_ (GOLD market update)
🟢What is The Next Opportunity on GOLD Market
🟢how to Enter to the Valid Entry With Assurance Profit
This CHART is For Trader's that Want to Improve Their Technical Analysis Skills and Their Trading By Understanding How To Analyze The Market Using Multiple Timeframes and Understanding The Bigger Picture on the Charts
Support and Resistance
Xauusd up trend breakdown ahead sell stron📉 OANDA:XAUUSD Technical Breakdown – 1H Timeframe
Gold has broken below the uptrend structure, signaling a strong bearish momentum. We're now entering a SELL position at 3296, aligned with current technical signals.
🎯 Target Levels:
▫️ 1st TP: 3255
▫️ 2nd TP: 3220
▫️ 3rd TP: 3170
▫️ 4th TP: 3135
🔍 Price action confirms the shift, and momentum indicators support downside continuation. Stay sharp and manage risk accordingly.
Trade smart,
– Livia 😉
Bullish potential detected for SSMEntry conditions:
(i) higher share price for ASX:SSM along with swing up of indicators such as DMI/RSI.
Stop loss for the trade would be:
(i) below the support level from the open of 13th March (i.e.: below $1.725), or
(ii) below the support level from the open of 26th February (i.e.: below $1.67), or
(ii) below the support level from the open of 7th April (i.e.: below $1.645), depending on risk tolerance.
NVDA roadmap of Support / Resistance levels going into Earnings
NVDA earnings soon that the entire world will be watching.
Plotted are key levels mapped by its Genesis and Covid fibs.
Look for the move to stop and rebound at one of these zones.
$ 140.35-141.09 is the first resistance above.
$ 148.64-150.04 is the All Time High resistance.
$ 122.25 is a Golden Covid fib for bulls to hold.
$ 111.63-113.56 is pretty much Bulls' Last Stand
See "Related Publications" links to the right ----------->>>>
for previous plots that played out EXACTLY.
.
CATIUSDT - NO BUYERS!!??Observing CATIUSDT, one might initially perceive a landscape where all indicators point towards an ascent. Indeed, the superficial appearance suggests a market poised for higher valuations. However, a discerning investor must always ask the fundamental question: where are the buyers? This critical element, the genuine influx of demand, appears conspicuously absent.
Despite what might seem like an elevated price, there is a distinct possibility that the blue box I've identified on the chart could be subject to manipulation. This zone, which might otherwise appear as a resistance level, could be used to draw in unwary participants before a more significant move downwards. My current assessment leads me to believe that, following such a potential manipulation, the ultimate target for CATIUSDT's price is indeed lower. The absence of robust buying conviction, despite the seemingly favorable conditions, strongly reinforces this cautious outlook.
In evaluating such scenarios, it is imperative to scrutinize the volume footprint for any signs of artificial strength or distribution. We would look for CDV (Cumulative Delta Volume) divergences that betray the true underlying sentiment, and patiently await low timeframe (LTF) confirmations which, in this instance, would likely validate a bearish thesis rather than a bullish one. One must be particularly vigilant for liquidity hunts, where price might briefly push into or beyond the blue box only to swiftly reverse.
It is worth reiterating that my focus remains exclusively on assets demonstrating a sudden and significant increase in volume, as such movements often precede more substantial price action. The current state of CATIUSDT, lacking this decisive and authentic buying pressure, necessitates a stance of extreme prudence.
Therefore, while the market may present an illusion of impending rise, the intelligent investor remains grounded in the observable facts. The absence of genuine buying activity, coupled with the potential for manipulation around this blue box, suggests that caution is the most appropriate course. One must be prepared for the possibility that the path of least resistance for CATIUSDT is, regrettably, to the downside.
📌I keep my charts clean and simple because I believe clarity leads to better decisions.
📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups.
📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
🔑I have a long list of my proven technique below:
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
📊 XNOUSDT %80 Reaction with a Simple Blue Box!
📊 BELUSDT Amazing %120 Reaction!
📊 Simple Red Box, Extraordinary Results
📊 TIAUSDT | Still No Buyers—Maintaining a Bearish Outlook
📊 OGNUSDT | One of Today’s Highest Volume Gainers – +32.44%
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
EURJOY Can continue to fall and Excite trigger moving EUR/JPY testing a key resistance level within a trading range. However, the recent attempt to break above this level resulted in a false breakout, followed by price consolidation within a flat structure.
Amid a weakening U.S. dollar and a strengthening Japanese yen, the pair is experiencing cross-currency pressure. This has led to the formation of a strong support base around the 163.000 and 162.200 levels.
Please note that and share your thoughts in comments for more analysis Thanks.
Nifty Analysis EOD – May 29, 2025 – Thursday🟢 Nifty Analysis EOD – May 29, 2025 – Thursday 🔴
Tricky Expiry Day Rollout… Catch or Caught?
🗞 Nifty Summary:
Nifty opened with a gap-up of 88 points at 24,846, making a quick move to 24,889.70—but the bulls couldn’t hold for long. By 10:30, the key support zone at 24,800–24,768 was breached, dragging the index to an intraday low of 24,677.30.
Just when things seemed to be settling into a narrow expiry-day range, a sharp 65-point spike in 3 minutes surprised both sides—creating a mean-reversion V-shape move right back to VWAP and BC levels.
The real twist? A sudden domino-effect breakout at 15:00, marking a fresh high of 24,892.60 and closing at 24,880.85, nearly at the day’s peak.
⏪ Yesterday’s Note Recap:
"Most probable scenario: range-bound day between 24,660 and 24,882... Tricky expiry day."✔️ Spot on. Nifty respected the projected boundaries almost precisely.
🛡 5 Min Chart with Patterns and Levels
📈 Intraday Walk:
09:15 – Gap-up start, optimism in the air.
10:25 – Support at 24,800–24,768 tested and breached.
10:29 – IB Low Break and Day’s low at 24,677.30, bears step in.
12:38 – Surprise spike of 65 points in 3 min
Midday – Consolidation around VWAP and BC levels.
15:00 – Final push leads to breakout above day high → 24,892.60.
Close – Ends at 24,880.85, just below the day high.
🔍 Chart Observations:
✅ Inverse Head & Shoulders pattern formed around 24,768 on the 5-min chart—target achieved.
📦 Box Consolidation Zone repeated from yesterday and respected.
⚠️ Volatility spikes despite being an expiry day—tricky traps for both sides.
🛡 5 Min Chart with Patterns
🕯 Daily Time Frame Chart
🕯 Daily Candle Breakdown:
Open: 24,825.10
High: 24,892.60
Low: 24,677.30
Close: 24,833.60
Change: +81.15 (+0.33%)
Candle Structure:
Real Body: +8.50 pts → Tiny green body
Upper Wick: 59.00 pts
Lower Wick: 147.80 pts
Interpretation:A classic Hammer-like candle, showing strong intraday buying from lower zones. Although bulls couldn’t extend gains, they clearly defended 24,700 levels well.
🔔 Pattern Insight:
Outside Bar pattern on Daily → Often a bullish reversal sign
Bullish confirmation comes above 24,890+
Breakdown below 24,677 would invalidate the bullish signal
🛡 5 Min Intraday Chart
⚔️ Gladiator Strategy Update:
ATR: 291.38
IB Range: 110 → Medium
Market Structure: Balanced
Total Trades: 1
🕐 10:25 AM – 1st trade triggered→ Trailing SL hit at 1:3 risk-reward
🧱 Support & Resistance Levels:
Resistance Zones:
24,882
24,894
24,920
24,972 ~ 25,000
25,062 ~ 25,070 (5th rejection!)
25,116 ~ 25,128
25,180 ~ 25,212
25,285 ~ 25,399
Support Zones:
24,820
24,768 ~ 24,800
24,737 ~ 24,727
24,700
24,660
24,640 ~ 24,625
24,590
24,530 ~ 24,480
24,460
🧭 What’s Next?
Above 24,890 → May trigger short-covering rally toward 25,000, 25,065, and 25,116 levels.
Below 24,677 → Expect downside toward 24,625, 24,590, and possibly 24,530.
With expiry behind, volatility may remain elevated tomorrow as new series begins.
📌 Bias: Mild bullish, but needs confirmation above 24,890.
🧠 Final Thoughts:
“Markets don’t trap you; your bias does.”Stay sharp. Today was a day full of whipsaws—but also full of lessons.
✏️ Disclaimer:This is just my personal viewpoint. Always consult your financial advisor before taking any action.
Don't define the price of gold
💡Message Strategy
The U.S. International Trade Court ruled that Trump's tariffs exceeded his authority. Once the ruling was made, market risk appetite quickly rebounded, driving global risk assets up and safe-haven assets such as gold came under selling pressure. The price of gold fell to $3,245 during the Asian trading session, hitting a 10-day low.
In addition to the weakening of risk aversion, the minutes of the Federal Reserve's May meeting reinforced the market's expectation that it would "maintain interest rates unchanged for a long time". In addition, the generally strong US economic data released this week caused the US dollar index (DXY) to return to the 100 mark, which put continued pressure on gold, a non-interest-bearing asset.
📊Technical aspects
Technically, gold price fell below the short-term rising trend line and the 200-period moving average of the 4-hour chart, and the short-term trend turned bearish. If it falls below the key support of $3,245 (50% Fibonacci retracement level), it may further point to $3,215 (61% retracement) or even $3,200 and $3,180. The upper rebound resistance is located at $3,300, $3,325 and $3,350 respectively.
From the daily chart, gold (XAU/USD) closed negative for the fourth consecutive day. The price has effectively fallen below the lower track of the short-term rising channel and continued to run below the 10-day and 15-day moving averages, indicating that the short-term momentum has weakened. The MACD fast and slow lines have a dead cross, and the green column is enlarged, further confirming the short signal.
Currently, the vicinity of $3245 is the support of the previous shock range. Once it is lost, the 61.8% Fibonacci retracement level of $3215 will be tested below, and even approach the psychological integer level of $3200.
If the gold price is supported in this area, it is expected to build a staged bottom; on the contrary, if it falls below $3200, it will look down to the $3150-3110 area. The short-term rebound needs to pay attention to the pressure level near $3300, which is also the dense intersection area of the previous moving averages. The overall structure suggests that the shorts are dominant.
💰 Strategy Package
Short Position:3310-3320,3340-3350
SEIUSDT - MEH!Hello everyone. I'm closely monitoring SEIUSDT, and I've observed significant activity in this asset: buyers have entered the market. This is a situation that demands close attention, as it carries the potential to shift the market's trajectory.
Our current focus is the blue box I've marked on the chart. This area currently presents itself as a resistance level. However, if buyers continue to strengthen and decisively break this blue box upwards, that's when a real opportunity could emerge. In such a scenario, following the breakout, I'll be looking for a retest on a low timeframe (LTF). If the price confirms this broken level as support, that will be a strong long position signal for me. This is one of those moments where the market is telling you, "I'm here."
When evaluating this scenario, I won't, of course, rely solely on price action. I'll be closely examining the volume footprint; understanding the true strength and intent of buyers is crucial. At the same time, I won't overlook CDV (Cumulative Delta Volume) divergences, as these can reveal hidden shifts in momentum. Sudden increases in volume, as always, act as a magnet for me; because, as you know, I only trade coins that are showing a sudden spike in volume. This is one of the secrets the market whispers to you.
However, as always, the market is two-sided, and we must remain flexible. If buyers fail to break this blue box and we see decisive downward breakouts on the daily timeframe, this could also present a potential scenario for a short attempt. Remember, the market can act independently of our expectations, and as a trader with one of the highest win rates, I always move according to the direction the market shows us.
We must also be vigilant against potential liquidity hunts at these levels. Price briefly pushing above the blue box and then rapidly falling back, or dipping below and then recovering, could be manipulations designed to shake out weaker hands. Failed breakouts or the regaining of lost levels will also provide us with valuable information.
Don't be surprised to see significant movements in SEIUSDT in the coming days. You might regret missing this setup, as most traders overlook these nuances at this level. Stay tuned, and let's decipher what the market is whispering together. You can trust my perspective.
📌I keep my charts clean and simple because I believe clarity leads to better decisions.
📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups.
📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
🔑I have a long list of my proven technique below:
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
📊 XNOUSDT %80 Reaction with a Simple Blue Box!
📊 BELUSDT Amazing %120 Reaction!
📊 Simple Red Box, Extraordinary Results
📊 TIAUSDT | Still No Buyers—Maintaining a Bearish Outlook
📊 OGNUSDT | One of Today’s Highest Volume Gainers – +32.44%
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
USDJPY Shooting Star + Elliott Wave Spells TroubleUSDJPY bounced higher from a horizontal support shelf created from August - September 2024.
The bounce is a second wave. The bearish shooting star candle on the daily chart spells reversal for USDJPY. The bearish wave count using Elliott Wave Theory as our guide as suggests deep cuts may be on the horizon for USDJPY.
We are considering the next decline to be a third wave at multiple degrees of trend. Additionally, the trend lower would break the support shelf and eventually make it to 122 and possibly lower levels.
GLMRUSDT - Buyers Are Here!Observing GLMRUSDT, one identifies a notable blue box on the chart. This area, in the estimation of a discerning investor, appears to function as a significant support level.
The principle here is straightforward: when an asset's price descends to a particular zone and consistently finds buying interest, preventing further decline, that zone establishes itself as a support. This blue box suggests a concentration of demand, where those who value the asset are prepared to acquire it.
While technical patterns are not the sole determinant of value, they can illuminate where market participants are accumulating positions. A sustained defense of this blue box, particularly if accompanied by a decrease in selling pressure or an uptick in buying volume, would reinforce its significance.
Conversely, a decisive breach of such a support level would necessitate a re-evaluation, as it would indicate a shift in the balance between supply and demand. However, for the present, this blue box stands as a point of interest for those seeking to understand the potential floor for GLMRUSDT's price action.
📌I keep my charts clean and simple because I believe clarity leads to better decisions.
📌My approach is built on years of experience and a solid track record. I don’t claim to know it all but I’m confident in my ability to spot high-probability setups.
📌If you would like to learn how to use the heatmap, cumulative volume delta and volume footprint techniques that I use below to determine very accurate demand regions, you can send me a private message. I help anyone who wants it completely free of charge.
🔑I have a long list of my proven technique below:
🎯 ZENUSDT.P: Patience & Profitability | %230 Reaction from the Sniper Entry
🐶 DOGEUSDT.P: Next Move
🎨 RENDERUSDT.P: Opportunity of the Month
💎 ETHUSDT.P: Where to Retrace
🟢 BNBUSDT.P: Potential Surge
📊 BTC Dominance: Reaction Zone
🌊 WAVESUSDT.P: Demand Zone Potential
🟣 UNIUSDT.P: Long-Term Trade
🔵 XRPUSDT.P: Entry Zones
🔗 LINKUSDT.P: Follow The River
📈 BTCUSDT.P: Two Key Demand Zones
🟩 POLUSDT: Bullish Momentum
🌟 PENDLEUSDT.P: Where Opportunity Meets Precision
🔥 BTCUSDT.P: Liquidation of Highly Leveraged Longs
🌊 SOLUSDT.P: SOL's Dip - Your Opportunity
🐸 1000PEPEUSDT.P: Prime Bounce Zone Unlocked
🚀 ETHUSDT.P: Set to Explode - Don't Miss This Game Changer
🤖 IQUSDT: Smart Plan
⚡️ PONDUSDT: A Trade Not Taken Is Better Than a Losing One
💼 STMXUSDT: 2 Buying Areas
🐢 TURBOUSDT: Buy Zones and Buyer Presence
🌍 ICPUSDT.P: Massive Upside Potential | Check the Trade Update For Seeing Results
🟠 IDEXUSDT: Spot Buy Area | %26 Profit if You Trade with MSB
📌 USUALUSDT: Buyers Are Active + %70 Profit in Total
🌟 FORTHUSDT: Sniper Entry +%26 Reaction
🐳 QKCUSDT: Sniper Entry +%57 Reaction
📊 BTC.D: Retest of Key Area Highly Likely
📊 XNOUSDT %80 Reaction with a Simple Blue Box!
📊 BELUSDT Amazing %120 Reaction!
📊 Simple Red Box, Extraordinary Results
📊 TIAUSDT | Still No Buyers—Maintaining a Bearish Outlook
📊 OGNUSDT | One of Today’s Highest Volume Gainers – +32.44%
I stopped adding to the list because it's kinda tiring to add 5-10 charts in every move but you can check my profile and see that it goes on..
FATCOIN – Eyeing Sub-$1 Accumulation
Liking what I’m seeing—early signs of weakness showing up at key levels across a number of alts.
This opens up the chance for a healthy market retrace before any continuation.
As for $FATCOINUSDT, I’m expecting sub-$1 levels over the next couple of weeks. That’s where I plan to accumulate a substantial position.
$FARTCOIN
Nifty levels - May 30, 2025Nifty support and resistance levels are valuable tools for making informed trading decisions, specifically when combined with the analysis of 5-minute timeframe candlesticks and VWAP. By closely monitoring these levels and observing the price movements within this timeframe, traders can enhance the accuracy of their entry and exit points. It is important to bear in mind that support and resistance levels are not fixed, and they can change over time as market conditions evolve.
The dashed lines on the chart indicate the reaction levels, serving as additional points of significance to consider. Furthermore, take note of the response at the levels of the High, Low, and Close values from the day prior.
We hope you find this information beneficial in your trading endeavors.
* If you found the idea appealing, kindly tap the Boost icon located below the chart. We encourage you to share your thoughts and comments regarding it.
Wishing you success in your trading activities!
GBPUSD Next move read our Caption GBP/USD is currently trading around the 1.34700 mark. If the price moves up to retest the resistance at 1.35200, it may face selling pressure. Should this level hold as resistance, we could expect a bearish reversal leading to a decline toward the next key support at 1.34210 and also 1.33600 lets could see how the price plays out .
Wait for a clear rejection or bearish confirmation at 1.35200 before entering a short trade.
you can search more details in the chart give me like and comments for more analysis Thanks.
ETHUSDT Bullish Structure Intact: Higher Highs Continue#ETHUSDT – 1D Chart
Ethereum is in a strong uptrend, consistently forming higher highs (HH) and higher lows (LH).
Price recently broke above a key resistance zone after consolidating in an accumulation range. This breakout confirms bullish strength.
If ETH holds above this zone, we could see a continuation move to the upside in the coming days.
Structure remains bullish — trend is intact.
5/29 Gold Analysis and Trading SignalsGood morning everyone!
Yesterday, gold rose first and then declined. Our long positions targeting 3318–3326 were completed successfully, and we timely shifted to short positions, resulting in another round of solid profits.
📉 Technical Outlook:
Gold remains in a bearish trend, and is now very close to the 3275 support level. Based on the current price structure, a break below this level is highly probable.
If $3275 is breached, focus on key support at 3258–3238
Resistance levels to watch: 3298–3318
The daily (1D) chart is currently in an indicator correction phase, so today's trading bias is selling from higher levels
🗞 News Focus:
Watch for U.S. initial jobless claims data today. It may offer short-term support for gold, but is unlikely to reverse the broader bearish trend.
📈 Today’s Trade Plan:
📉 Sell in the 3316–3328 zone (resistance zone)
📈 Buy in the 3245–3232 zone (key support area)
🔁 Scalp/flexible trading levels:
3303 / 3288 / 3276 / 3258 / 3247
Stay adaptive and combine news with price action at key levels for best results.
Wishing everyone a successful and profitable trading day!
EUR/GBP Breakdown in Play: Time to Target the Next Support Below🔍 Technical Analysis Summary: EUR/GBP (Daily)
The pair is in a clear downtrend, with two descending blue trendlines confirming strong bearish pressure. After breaking below key support (now turned resistance), the price is forming lower highs and lower lows, a classic bearish continuation pattern. Currently, price is testing the trendline zone after a steep rejection, indicating renewed selling interest at resistance. Price failed to break above recent structure, validating the short setup further.
📉 Bearish Confluences
1. Descending Trendline
The price respects a multi-month downward trendline, rejecting it multiple times — confirming institutional selling interest.
2. Failed Retest of Structure (0.8465)
This level acted as prior support and has flipped into strong resistance. Price was rejected upon retesting, validating bearish continuation.
3. Momentum Shift
Candlestick structure and shrinking bullish bodies near resistance show fading bullish momentum — favoring sellers.
4. Lower Highs and Lower Lows
The chart clearly prints lower highs, indicating continuous bearish structure since early April.
✅ Trade Setup: Short Position
• Entry Point
🟡 Current market price around 0.83710–0.83740 after rejection from resistance
• Stop Loss (SL)
🔴 Above recent resistance and trendline at 0.84650
• Take Profit 1 (TP1)
🟢 Near recent support zone at 0.83234
• Take Profit 2 (TP2):
🟢 Near major trendline confluence / stronger support at 0.82218
📌 Final Thoughts
This EUR/GBP short setup is technically sound:
• It aligns with the overall trend
• Resistance has been confirmed with rejection wicks and weak bullish candles
• Bearish structure and trendline resistance remain intact
💡 Unless EUR/GBP breaks above 0.84650, the bias remains bearish, and this setup favors a continuation toward lower supports.