Market Outlook: AUD/CHF has shown a clear rejection from a significant weekly resistance zone, indicating strong selling pressure from higher timeframes. This sets the context for a bearish bias moving forward. Technical Setup: On the 4-hour chart, price has broken below a rising trendline, signalling a potential trend shift. Price has also closed below the 50...
Idea Summary: Looking for a potential bullish continuation on GBPJPY following a bounce from dynamic support and a trendline breakout confirmation. Technical Analysis: The pair is trading above EMA50 and EMA14 on the 1H/4H charts, showing bullish momentum. RR Ratio: 1R #GBPJPY #ForexTrading #TrendlineBreak #EMASetup #SwingTrade
Sell following trend with daily sell signal.