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AUDNZD - Short-Term Pullback Expected from Key Resistance 📈 Setup Overview: AUDNZD has been trending bullish but has now reached a critical resistance level that aligns with the upper boundary of the ascending trendline. This confluence suggests a potential short-term pullback opportunity. 🔍 Analysis: Strong bullish wave structure intact Price testing key...

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GBPJPY is showing classic range-bound behavior with a clear rejection setup at key resistance. 📊 Market Analysis Timeframe: Daily Bias: Bearish (within established range) Pattern: Range-bound market with resistance rejection 🎯 Trade Setup Entry: 196.400 - 196.800 (on rejection candles) Stop Loss: 199.200 (above range high) Take Profit 1: 192.500...

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# AUD/JPY: Two High-Probability Bearish Setups 🎯 ## Overview AUD/JPY continues to respect its macro downtrend structure, offering two compelling bearish opportunities as price approaches critical resistance levels. Currently trading at 94.398, the pair sits at an inflection point between key support and resistance zones. --- ## 📊 Setup 1: Resistance Zone...

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Selling Gold. We are in a descending channel. Risky trade since we going against a trend

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Current Situation: The price is currently at 1.13869, trading within a resistance zone (indicated by the pink shaded area around 1.13700 - 1.14000). Previously, the price reacted strongly to this area, leading to a significant drop. There's a clear upward trend leading into this resistance zone. Potential Trade Scenarios: 1. Short Entry (Bearish Reversal): ...

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The descending channel pattern is often followed by higher prices, but only after an upside penetration of the upper trend line. The USDJPY has continued channeling downward until it was able to break either the upper trend line. An upside break is bullish.

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💱 Pair: GBPUSD 📊 Entry: Sell Stop 1.41372 📈 Target: 1.39768 📉 Stop: 1.42228

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As you can notice the rising channel pattern moves upwards, it is also called as Bullish Channel pattern from 4hr timeframe.

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💱 Pair: AUDUSD 📊 Entry: SELL ORDER: 1801.673 📈 Target: 1782.494 📉 Stop: 1801.673

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Looks good for a buy

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Been eyeing this move for a while looking for a deep pullback before being bullish again.

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Descending channel looking for price to retest support. Buy stop order opened waiting for this to play out in 4hrs. FX:EURUSD

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We still in the corrective phase. Expecting the longs to gain momentum soon

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IDENTIFY: Price is in the buyer's territory and we getting ready to test previous support. PLAN: So looking at going long, because of the daily bias of the accending channel TRADE: Place Buy Stop order, anticipating a continuation to the upside. NB: Use risk management to determine the Stop Loss and Take Profit.

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Interesting level there. Monitoring for a further drop

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Monitoring. Waiting. Potential short.

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IDENTIFY: Price is in the seller's territory. PLAN: So looking at going short, because of the daily bias of the possible descending channel on 4hr TRADE: Place Sell Stop order, anticipating a continuation to the upside. NB: Use risk management to determine the Stop Loss and Take Profit and a possible retrace is at play here. Which is good for anyone looking at...

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Interesting Level. Looking for a Long opportunity. I Will wait to see how this one unfolds during this week.