Setup-sell
EURJPY Short SetupEURJPY is looking to reverse down into another leg within its current flag pattern with candlesticks finding resistance.
After that we expect a major correction up through the flag pattern towards higher resistance.
If price does not fall as expect now, we await a break through the flag pattern for an entry long.
AUDCAD SELL SETUP This is AUDCAD 2-hour chart where we can see the impulse down, now this pair is in correction and we're looking to catch the next impulse down.Traders who are more conservative with their trading should wait for the breakout since its a safer entry, because we dont know for how long this can consolidate before it goes down.For traders who are looking to get this trade earlier, there is a sell setup on lower timeframe and I'll get into that if I can and I'll put it in breakeven and wait to see if it breaks, which would give a great risk-to-reward trade, or it takes me out at breakeven and makes more correction moves before the next impulse.Trade your plan
XAUUSD-CONFIRM BEARISH SIGN i have been looking on this pair for quite a long time , i keep waiting the price break the trend line support ,as you can see the price has been supported 3 times(blue rectangle) before, and now the support has broken ,as you can see the red rectangle ,and all of these conclusion support me to short this pair