EUR/USD selling setup on 4-hour timeframe.. here you can see that it is downtrend and broke the daily support level , now it makes a break and retest setup.. so we can wait for retest and take a short position after retest on bearish engulfing candle..
usd/chf buying setup .. here you can see that it is a uptrend and make a break and retest setup.. according to break and retest setup we can make a long position.
GBP/AUD is moving in a downtrend, with lower lows (LL) and lower highs (LH). This is a break-and-retest setup. We can use the break-and-retest setup to anticipate the next move. We should analyze the chart using trend analysis and also apply Fibonacci retracement to this setup.
we see that it is a bearish market ... make a break and retest level in cad/chf, so we can trade on bearish setup that is called break and retest setup....
Now you can see euraud is bullish.. it's makes Hh, HL .. so we can trade only on bullish setup..wait for retest and after buying setup, you can enter the trade..
Recent Movement: The price has been relatively volatile in the recent period, with several ups and downs. Currently, the price is trading slightly above the key support level around 1.0825.
Support and Resistance: The horizontal lines drawn on the chart suggest potential support and resistance levels. A break above the nearest resistance level around 1.0850 could...
