BTC/USD) Short Setup: Triple Top Formation Targeting 86,023 USD You’re seeing a potential Head and Shoulders structure (or at least a triple top) — with the orange circles marking failure to break higher around $95K.
The neckline (support) is slightly diagonal down toward the $94K region.
A breakdown is anticipated once the neckline fails.
2. EMAs Interaction:
30 EMA (red) is currently flattening, showing weakening momentum.
200 EMA (blue) is far below, around 88,181 USD, acting as a major support zone — and it aligns with the projected EA TARGET POINT.
EMA compression usually precedes a strong move.
3. Zones and Key Price Levels:
Entry Point: ~95,145.60 USD → high-probability short sell.
Stop Loss: ~96,000–96,957 USD → protects against unexpected breakout.
Target: ~86,023 USD → aligns with past accumulation zone and EMA200.
4. Risk/Reward Ratio:
Potential reward is about 9–10%.
Risk (from entry to stop) is about 1–2%.
Excellent Risk/Reward (>4:1).
5. Momentum and Volume (implied, not shown):
Given the topping pattern and lack of higher highs, buying momentum is weakening.
If volume increases on a breakdown, confirmation will be strong.
📊 Strategic Points:
Aspect Analysis
Trend Still bullish, but topping signs visible
EMA Behavior Short-term EMA flattening, long-term EMA rising slowly
Pattern Formed Triple Top / Head and Shoulders
Risk/Reward Very good (>4:1)
Recommendation Short bias around entry level, with strict stop-loss
⚡ Quick Trading Plan:
Entry: Short at ~$95,145
Stop Loss: ~$96,000–96,957
Target: ~$86,023
Chatpatterns
ETH/USD Breakout Trading Setup – Long Entry with 16% Target PoteEntry Point: $1,593.08
Target Point: $1,807.83
Stop Loss: $1,472.68
Risk/Reward Ratio: Roughly 2.1:1
Indicators Used:
EMA 30 (Red Line) at $1,593.08 (near entry point)
EMA 200 (Blue Line) at $1,605.09
Analysis:
1. Consolidation Phase:
ETH is in a sideways range after a prior downtrend, consolidating within the purple support zone.
This zone (~$1,555 to ~$1,593) has been tested multiple times, suggesting a strong base.
2. Bullish Breakout Anticipation:
The setup expects a breakout above consolidation, targeting a 16.11% move to $1,807.83.
A breakout strategy is being applied, assuming ETH will reverse from this consolidation area a
Bitcoin Bearish Reversal Setup: Rising Wedge Breakdown Targeting1. Entry Point:
Marked around $86,853, this is where a potential short (sell) trade might have been initiated.
2. Stop Loss:
Placed above $88,783, protecting the trade in case the market goes against the position.
3. Target Point (Take Profit):
Aiming down toward $74,443.76, suggesting a large bearish move is anticipated.
4. EMA Indicators:
30 EMA (Red Line) at ~$84,271: Indicates short-term trend.
200 EMA (Blue Line) at ~$83,496: Indicates long-term trend.
Price is currently trading above the 200 EMA but slightly below the 30 EMA, showing mixed short-term momentum.
USD/JPY Bullish Reversal Setup – Long Entry at 141.964 Targeting ahemdsaeed25: USD/JPY Long Setup – Eyeing 150.537 Target"
"Potential Bullish Reversal on USD/JPY"
"Swing Trade Alert: USD/JPY Long from 141.964"
"USD/JPY Breakout Play – Buy Zone Identified"
Let me know your tone preference (technical, casual, professional, etc.) and I can tailor the title further.
ahemdsaeed25: This chart is for the USD/JPY (U.S. Dollar / Japanese Yen) pair on the 1-hour timeframe, and it's displaying a bullish setup with a clear trade idea. Here's a breakdown of the analysis:
Key Components:
Current Price: Around 142.574.
Entry Point: 141.964
Stop Loss: 140.547
Take Profit / Target Point: 150.537
Reward-to-Risk Ratio: Favorable (approximately 5.94% upside, large potential move).
Indicators:
EMA 50 (Red Line): 142.798 — acting as near-term dynamic resistance.
EMA 200 (Blue Line): 144.699 — major resistance and a trend filter (downward trend visible).
Zone Analysis:
Support Zone (Purple Box near 141.964 - 140.547): This is the accumulation/buy zone.
Gold (XAUUSD) Trade Setup: Bullish Breakout Toward $3,637 TargeCurrent Price: $3,309.18
EMA 30 (Red Line): $3,265.00
EMA 200 (Blue Line): $3,163.35
Trend Direction: Strong uptrend (price above both EMAs)
Timeframe: 1-hour (short-term analysis)
📍 Key Levels
Entry Point: Around $3,266.63 (just above EMA 30)
Stop Loss: Around $3,265.00
Target (EA Target Point): $3,637.23
Potential Profit: +$365.01 or +11.16%
🔍 Technical Patterns & Zones
Rising Channel: Price is moving within a rising wedge or channel, indicating bullish momentum but with narrowing range — a potential reversal signal if broken.
Support Zone: Highlighted purple box around the entry point; likely a demand zone.
Resistance Zone: $3,637.23 area marked as the EA Target Point — previous resistance or Fibonacci extension level.
✅ Bullish Signals
Price is consistently making higher highs and higher lows.
EMAs are aligned in a bullish formation (short EMA above long EMA).
Clear breakout above consolidation range recently.
Trade setup shows favorable risk-to-reward ratio.
⚠️ Risks / Caution
Rising wedge can sometimes break down — watch for volume drop or divergence.
Potential pullback to the entry zone is expected (indicated by the arrow).
News Events: Symbols below the chart indicate upcoming USD economic data, which could bring volatility.
📈 Strategy Summary
Buy on pullback to $3,266.63 with tight stop at $3,265.00.
Target: $3,637.23 — potential 11% gain.
Risk: Minimal if stop is respected, tight stop-loss.
EUR/USD Bullish Setup – Targeting 1.16950Entry Zone (Buy Area): Between 1.12729 and 1.13101
Stop Loss: 1.12100
Target (TP1): 1.16950
Risk-Reward Ratio (R:R):
Risk: 1.13101 - 1.12100 = 101 pips
Reward: 1.16950 - 1.13101 = ~385 pips
R:R ≈ 1:3.8 — excellent risk-to-reward
📈 Technical Observations
Bullish Momentum: Strong bullish candles leading into the setup suggest buyers are currently in control.
Support Zone (Entry Area):
The purple zone has acted as a previous resistance, now turned support.
Price may retest this zone before moving higher (as indicated by the blue path on the chart).
Moving Averages:
Red (likely 50 EMA) and blue (possibly 200 EMA) are showing a bullish crossover.
Price is above both MAs, reinforcing a bullish trend.
Projected Move:
The setup anticipates a pullback before a continuation to the upside toward 1.16950.
🧠 Trade Idea Summary
This is a buy-the-dip strategy within a bullish trend.
Entering on the pullback allows for:
Tighter stop loss
Better entry price
Higher R:R ratio
⚠️ Risk Considerations
A break below 1.12100 would invalidate the setup.
Monitor for bearish reversal patterns or news around the EUR/USD that might shift sentiment.
Gold (XAUUSD) 15-Min Buy Setup: Bullish Breakout with High Risk-Instrument: XAUUSD (Gold vs. US Dollar)
Timeframe: 15 minutes
Indicators:
EMA 200 (Blue): 3,170.78 (long-term trend indicator)
EMA 30 (Red): 3,231.53 (short-term trend indicator)
---
Key Levels:
Entry Point: 3,226.55 (highlighted with a blue arrow and line)
Stop Loss: 3,213.38 (purple zone bottom)
Target (Take Profit): 3,272.25
---
Trade Setup:
Type: Long (Buy) Position
Risk-to-Reward Ratio:
Risk: ~13.17 points (from 3,226.55 to 3,213.38)
Reward: ~45.7 points (from 3,226.55 to 3,272.25)
R/R Ratio: Approximately 3.5:1, which is favorable
---
Market Context:
Price is curren
Silver (XAG/USD) Bullish Trade Setup: Entry, Target & Stop-Loss Entry Point: ~32.35619
Take Profit (Target Point): 33.31252
Stop Loss: 31.87803
EMA 200 (Blue): 31.65932 – indicating long-term trend support.
EMA 30 (Red): 32.28304 – indicating short-term trend.
Current Price: 32.38220
The price is above both EMAs, which is typically bullish.
---
Analysis
1. Bullish Bias:
Price has broken and is holding above the entry zone.
Both EMAs are aligned in a bullish configuration (short-term EMA above long-term EMA).
The market structure shows higher lows and sideways consolidation, suggesting potential for a breakout.
2. Risk-Reward Ratio:
Risk (Entry to Stop Loss)
DXY Bullish Reversal Setup – Long Entry from Support Zone TowardEMA 30 (Red Line): Currently at 99.700 — tracks short-term trend, and price is hovering near this level.
EMA 200 (Blue Line): At 100.935 — indicates long-term trend, acting as dynamic resistance above.
📈 Trade Setup
✅ Entry Point:
Price: 99.699
Rationale: This level has been tested multiple times, forming a support zone. A bounce here signals a potential long entry.
🎯 Target Point (Take Profit):
Price: 102.738
Distance: ~3.04 points or 3.43% potential move upward.
Note: Marked as EA TARGET POINT, which suggests a calculated area possibly based on previous resistance or algorithmic strategy.
🛑 Stop Loss:
Price: 98.624
Reasoning: Just below the defined support zone (highlighted purple area), ensuring protection against downside breakouts.
📊 Risk-to-Reward Ratio
Entry: 99.699
Target: 102.738 → Gain of ~3.04
Stop: 98.624 → Risk of ~1.08
R/R Ratio: ~2.8:1 — favorable setup
📌 Overall Sentiment
This chart indicates a bullish reversal setup from a strong support zone, possibly targeting a mean reversion or trend reversal toward the 200 EMA and beyond.
However, keep in mind:
The price is currently below both EMAs, so the trend is still bearish.
The trade is counter-trend, relying on support holding and momentum shifting.
Gold (XAUUSD) Bullish Breakout Setup – Targeting 3,394.56 After EMA 30 (Red Line): Currently at 3,109.56
EMA 200 (Blue Line): Currently at 3,064.85
Price is above both EMAs, indicating bullish momentum in the short and long term.
📈 Trade Setup:
Entry Point: Around 3,162.15
Stop Loss Zone: Below the purple support box around 3,109–3,141 (right above the 30 EMA)
Target (Take Profit): 3,394.56 — marked as "EA TARGET POINT"
📊 Strategy Outlook:
Bullish Setup: The price recently broke out of a resistance zone (purple area) and retested it, confirming the breakout.
The risk-to-reward ratio appears favorable, as the target is significantly higher than the stop loss.
The upward price projection suggests confidence in a strong bullish continuation.
⚠️ Things to Watch:
Volume confirmation and price action near the entry level.
If price closes below the 30 EMA, it may invalidate the setup.
Always consider broader macroeconomic or fundamental factors when trading gold (e.g., USD strength, interest rates, geopolitical tension).
EUR/JPY Short Setup – Bearish Reversal Targeting 161.134 with TiEMA 30 (red): Currently at 162.470
EMA 200 (blue): Currently at 162.071
Trade Setup:
Entry Point: Around 162.978
Stop Loss: Slightly above 163.016 (highlighted in purple zone)
Target (Take Profit): 161.134 (labeled as “EA TARGET POINT”)
Analysis:
Trend: The pair has been trending upwards recently, as shown by the price staying above the 200 EMA.
Current Price: 162.604, just below the proposed entry.
Risk/Reward:
Risk: ~3.8 pips (entry to stop loss)
Reward: ~184.4 pips (entry to target)
This implies a favora
WTI Crude Oil Bearish Reversal Setup – Short from Resistance ZonEntry Point: 62.66 USD
Stop Loss: 65.26 USD
Target Point (Take Profit): 55.09 USD
Indicators:
EMA 200 (blue): 60.92 USD — long-term trend indicator
EMA 30 (red): 60.75 USD — short-term trend indicator
Analysis:
1. Bearish Setup:
The price is approaching a key resistance zone marked by the purple shaded area near 62.66.
The strategy is to short from this level, anticipating a drop to the 55.09 target area.
2. Risk/Reward:
Risk (SL - Entry): 65.26 - 62.66 = 2.60 USD
Reward (Entry - TP): 62.66 - 55.09 = 7.57 USD
Risk-to-reward ratio: ~1:2.9, which is favorable.
3. Support/Resistance Confirmation:
Multiple touches at the resistance zone (or
GBP/USD Short Setup – Rejection from Resistance Zone with High REMA 30 (red line)
EMA 200 (blue line)
---
Key Levels:
Entry Point: 1.31324
Stop Loss: 1.32303
Target (TP): 1.28102
---
Analysis:
1. Trend Context:
The market shows a recent bullish move approaching a key resistance zone (highlighted in purple).
The price is now reacting to that resistance zone and potentially forming a reversal.
2. EMA Insight:
Price is currently trading slightly above the EMA 200 and EMA 30, indicating short-term bullish momentum.
However, the suggested trade setup appears to be short (sell), anticipating a reversal from resista
USD/JPY Bullish Breakout Setup – Entry, Stop Loss & Target AnalyPair: USD/JPY
Timeframe: 15 minutes
Indicators Used:
EMA (30-period) – Red line
EMA (200-period) – Blue line
Chart Features:
Downward channel (declining trendline)
Identified entry point, stop loss, and target
Key support/resistance zones shaded in purple
🟢 Trade Idea Summary:
🔹Entry Point: 143.126
🔹Stop Loss: 142.702
🔹Target (Take Profit): 148.249
🔹Risk/Reward Ratio: ~1:5 (Excellent R/R)
🔍 Technical Analysis:
✅ Bullish Breakout Signal
Price has broken above the descending channel and has retested the breakout area (highlighted purple zone) – a classic bullish breakout structure.
The breakout retest near 143.126 is acting as support, with potential to launch a new bullish move.
📈 Moving Average Analysis
EMA 30 is starting to flatten and curve up – indicating potential shift in momentum.
EMA 200 is still above price, but a breakout above it could strengthen the bullish case.
🔁 Support and Resistance
Strong support zone around 143.000 – 143.200 area (highlighted zone).
Major resistance and target zone is between 148.000 – 148.250.
🔔 Trade Plan Suggestion:
Go Long at or near 143.126
Place Stop Loss below support at 142.702
Target 148.249 for profit
Reasoning:
This setup offers a trend reversal potential from a downtrend to uptrend, with a clean breakout-retest-confirmation pattern. The wide take profit range gives room for extended upside as momentum builds.
⚠️ Watch For:
Reaction to the 144.325 (EMA 200) level
Increased buying volume to confirm breakout
Any re-entry into the channel (would invalidate setup)
Bitcoin (BTC/USD) Long Trade Setup – Breakout Strategy with TargCurrent Price: $80,724.28
Entry Point: $80,671.23 (just above current price)
Stop Loss: $78,052.44
Target Point: $88,573.60
Resistance Point: $82,260.90
📈 Trend & Moving Averages
EMA 30 (red): $80,220.87 — Short-term trend.
EMA 200 (blue): $80,788.61 — Long-term trend.
The price is currently between the EMAs, indicating potential indecision or a shift in trend. A break above both EMAs with momentum would confirm bullish strength.
🔑 Trade Setup Summary
Element Level
Entry 80,671.23
Stop Loss 78,052.44
Target (TP) 88,573.60
Resistance 82,260.90
Risk-Reward ~1:2.7 (approx)
📊 Analysis & Expectations
Bullish Bias: The chart suggests a long trade with a breakout strategy.
Volume and momentum confirmation will be key above resistance.
Resistance at 82,260.90 may cause a brief pullback before continuation to the target.
The stop loss is well-placed below a support zone and the most recent swing low.
✅ What to Watch For
Break and close above EMA 200 and resistance at 82.2K.
Bullish volume increase on breakout.
Price action around the entry zone (wait for confirmation candle if unsure).
USOIL Short Trade Idea – Targeting $55.05 from $61.00Entry Point: ~61.00 USD
Stop Loss (SL): 64.77 USD
Target (TP): 55.05 USD
Risk/Reward Ratio: Favorable
Risk: ~3.77 USD
Reward: ~5.95 USD
Approximate R/R ratio: 1:1.58
🧠 Strategy Insight
Trend Context:
Prior to the entry zone, price shows a strong downtrend.
The price retraced upward into a resistance zone (highlighted in purple).
The setup suggests a short position anticipating rejection from this zone.
Indicators:
Moving Averages (red & blue):
Likely 50 EMA and 200 EMA showing bearish alignment (price mostly under both).
Resistance Zone:
The purple shaded region represents a supply zone, where price previously reversed.
Entry Zone Analysis:
Entry just below a recent rejection candle.
It's a conservative spot to catch a move back in the direction of the dominant trend.
Target Zone (55.05):
Likely based on a recent support level or demand zone from earlier price action.
Matches previous lows.
🔁 Possible Scenarios
✅ Bearish Scenario (Ideal Outcome):
Price gets rejected from the resistance zone and continues the downtrend toward the target at 55.05.
❌ Bullish Scenario (Risk):
Price breaks above 61.00 and continues toward 64.77, invalidating the short setup.
USD/JPY Bearish Reversal Setup – Short from Resistance ZoneCurrent Price: ~146.252
EMA 30 (Red): ~146.573
EMA 200 (Blue): ~146.662
The price is below both EMAs, suggesting short-term bearish momentum.
📉 Trade Setup:
Entry Point: 146.551 (marked on the chart)
Stop Loss (SL): 148.514 (above resistance zone)
Take Profit (TP): 142.374 (marked as “EA TARGET POINT”)
Risk/Reward Ratio (RR): Approx. 1:2.5+
📌 Zone Analysis:
Resistance Zone: 147.6 – 148.5 (highlighted in purple)
Previous highs rejected from this level multiple times.
Sellers appear to be defending this zone strongly.
Support Zone: 142.3 – 143.0
Previous accumulation zone marked for the TP.
🧠 Bias & Interpretation:
Bearish Bias: Confirmed by:
Price rejection from resistance.
Below both EMA 30 & EMA 200.
Bearish engulfing patterns near the resistance zone.
Potential Strategy: Short from 146.551 targeting 142.374 with tight SL at 148.514.
⚠️ Watch for:
Any bullish crossover between EMA 30 and EMA 200 could shift momentum.
False breakouts above the resistance zone before actual reversal.
Key U.S. or Japan news that may cause volatility.
GBP/USD Bullish Breakout Setup – Entry, Target & Stop Loss AnalyEMA 200 (blue line): 1.28423 – typically used to define long-term trend direction.
EMA 30 (red line): 1.28253 – shorter-term trend indication.
Currently, the price is above the 30 EMA and slightly above the 200 EMA, suggesting short-term bullish momentum with potential for trend reversal or continuation.
🟪 Key Zones and Levels:
Entry Point Zone: Around 1.28242–1.28423 (highlighted in purple).
Stop Loss: Set slightly below the purple demand zone at 1.27931.
Target (EA TARGET POINT): Marked around 1.29809.
🧠 Trade Setup Summary:
Risk/Reward: Good – aiming for a ~1.19% gain (~152.5 pips), with a relatively tight stop loss.
Structure:
The price has broken above a consolidation range (demand zone) and retested the zone (potential bullish retest).
EMA crossover could soon occur if the 30 EMA crosses above the 200 EMA, confirming bullish sentiment.
✅ Bullish Confirmation Signs:
Higher lows forming.
Break and retest of previous resistance (now support).
EMA proximity breakout is occurring.
Strong bullish candles near the entry level.
⚠️ Things to Watch:
If price closes strongly above 1.2860–1.2870, that could signal momentum continuation.
Failing to hold 1.2824–1.2800 might invalidate the setup and trigger the stop loss.
Watch for fundamental events (economic news, especially from UK/US) that could cause sudden volatility.
EUR/USD Bullish Breakout & Retest Setup – Targeting 1.10955Instrument: EUR/USD
Timeframe: 30-Minute
Indicators Used:
EMA 30 (Red): 1.09821
EMA 200 (Blue): 1.09698
Key Levels Identified:
Entry Point: 1.09695
Stop Loss: Around 1.09067
Resistance Zone: ~1.09911
Target Zone: ~1.10918 to 1.10955
Projected Gain: ~147.3 pips (1.35%)
Price Action Analysis:
Bullish Breakout:
The price broke out from a consolidation zone (marked in purple).
A bullish trend is forming as price moves above the 200 EMA.
EMAs Alignment:
The 30 EMA is currently above the 200 EMA, indicating a potential bullish trend continuation.
However, price is slightly below the 30 EMA now, suggesting some short-term pullback or resistance.
Retest at Entry Zone:
Price retested the entry zone at 1.09695 after the breakout and is now hovering near it.
This retest is healthy for confirming support before another move up.
Trade Setup Insight:
Entry Strategy: A long (buy) entry at or around 1.09695.
Stop Loss Placement: Below the previous support zone near 1.09067 to manage risk.
Target Strategy: Aiming for the resistance zone around 1.10918–1.10955 for profit booking.
Conclusion:
This looks like a bullish continuation setup with a favorable risk-reward ratio. The confluence of:
EMA support,
Price structure (breakout & retest),
and defined resistance/target zone
Gold (XAU/USD) 15-Min Short Setup: Bearish Reversal from ResistaEntry Point: $3,127.10
Stop Loss: $3,141.53
Target Point (Take Profit): $3,080.62
Technical Indicators:
EMA 30 (red line): $3,111.98 – showing short-term trend
EMA 200 (blue line): $3,056.92 – showing long-term trend
Setup Explanation:
This is a short/sell setup based on the following:
The price action has hit a resistance zone near $3,127 and shows signs of rejection.
The setup assumes that the price will reverse from this zone and head lower.
The Risk-to-Reward Ratio appears decent, aiming for a move of about -1.45% (-$45.34).
Current Status:
Price is currently around $3,119.69, below the entry point.
A slight bounce
AUD/CAD Bearish Rejection Setup – Short Opportunity from Key ResEMA 200 (blue line): 0.86328 – long-term trend indicator.
EMA 30 (red line): 0.86473 – shorter-term momentum.
Price is currently trading below the EMA 200, and approaching the resistance zone, hinting at a possible short opportunity.
🟪 Key Levels Highlighted:
Entry Point: Around 0.87240, near the upper boundary of the resistance zone.
Stop Loss: Just above resistance at 0.87758.
Target Point (EA TARGET POINT): At the demand/support zone of 0.84734.
📉 Bearish Setup Summary:
Risk/Reward Ratio: High – the chart targets a ~2.78% downside move (~242 pips), suggesting a favorable setup.
Bearish Structure:
Strong prior downtrend leading into a potential lower high formation.
Price is reacting to a known supply zone.
A possible double top or resistance rejection pattern forming.
🧠 Confluences Supporting the Trade:
EMA alignment – price below the 200 EMA.
Bearish reaction at supply zone.
Clean drop zone – minimal structure between entry and target area.
Bearish rejection pattern potentially forming.
⚠️ Watch Out For:
Break and hold above 0.8775 would invalidate the setup.
Fundamental catalysts (especially AUD or CAD-related news) may add volatility.
A strong bearish rejection candle around the entry zone would increase confidence in the short position.
BTC/USD Bullish Breakout Setup – Targeting $85,477 with 5.62% UpThe price has recently surged above both the 30 EMA (red) and 200 EMA (blue), signaling a strong bullish move.
The EMAs are beginning to turn upward, particularly the 30 EMA, suggesting short-term bullish momentum.
Key Levels Identified
Entry Zone (Purple Support Zone):
Around $80,105 – a potential buy zone after a pullback.
Labeled with STOP LOSS, indicating the invalidation level if price drops below this zone.
Target Zone (Purple Resistance Zone):
Around $85,477 – this is the target level, marked as “EA TARGET POINT”.
Offers a potential move of +5.62% or 4,551.83 points.
Price Action
Price broke above a previous resistance (now support) and has pulled back slightly.
The projected move suggests a bullish continuation after a minor pullback and consolidation.
Risk-Reward
Good risk-reward ratio implied with the large gap between the stop loss and target.
Stop loss is tight, just below the purple support zone (~$80,105).
Projection
The blue lines and annotations suggest a bullish play, with an expected upward movement after retesting the support.
✅ Possible Trade Idea
Buy Zone: ~$80,105 (on a confirmed retest)
Stop Loss: Slightly below $80,105
Target: ~$85,477
Expected Move: +5.62%
🔍 Additional Notes
Keep an eye on price behavior around the support zone—confirmation (e.g., bullish candle pattern or rejection wick) strengthens the entry.
The strong move leading to the breakout suggests high momentum, which could mean limited pullback.
News or macro developments could invalidate technicals—be aware of external factors.
EUR/CHF Bullish Reversal Setup – Support Zone Entry with 1:4 Ris1. Trend & EMAs:
The EMA 200 (blue) and EMA 30 (red) are displayed.
Price is below both EMAs, indicating a bearish trend overall.
However, there's a potential reversal or retracement trade being considered.
2. Trade Setup (Long Position):
Entry Point: 0.92750
Stop Loss: 0.92526 (about 22.4 pips below entry)
Target (Take Profit): 0.93643 (about 89.3 pips above entry)
Risk-Reward Ratio (RRR): Approx. 1:4, which is favorable
3. Support & Resistance:
The entry zone is based on a demand/support area where price previously bounced.
The target