Setup
NZDJPY : Short Trade , 1hHello traders, we want to check the NZDJPY chart. The price is moving in a descending channel and has pulled back to the specified key level. We expect this level to maintain the downward trend of the price and cause the price to fall. Our first target in case of a fall The price is 86.200 and if the price can break this level, our next target will be 85.600. Good luck.
EURJPY : Short Trade , 1hHello traders, we want to check the EURJPY chart. The price is moving in a descending channel and has pulled back to the specified key level. We expect this level to play the role of a resistance level and maintain the downward trend of the price. We predict that the price until it drops around 155,200. Good luck.
NZDUSD to see limited losses?NZDUSD - 24h expiry - We look to Buy at 0.6050 (stop at 0.6020)
Price action has continued to trend strongly lower and has stalled at the previous support near 0.6050.
Price action looks to be forming a bottom.
We expect a reversal in this move.
Risk/Reward would be poor to call a buy from current levels.
A move through 0.60100 will confirm the bullish momentum.
Our profit targets will be 0.6125 and 0.6150
Resistance: 0.6100 / 0.6125 / 0.6150
Support: 0.6050 / 0.6025 / 0.6000
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EUR/JPY BEARISH TRIANGLE AND LONG SETUPOn EURJPY, we can observe a descending triangle pattern, as the price generated a large bearish candle of over 80 pips around 9 o'clock on the H1 timeframe. Currently, the price is approaching a Forex48 block, which is a high reaction zone, especially if there's a double confirmation on the M15 timeframe. If this zone fails to halt the downtrend, the next potential target could be the level of 155.80, where we have a FVG (Financial Volume Grouping), indicating a significant support area. At this level, the price might find support and reverse upwards, targeting 157 to retest the lower boundary of the descending triangle. Your thoughts and analysis on this setup are welcomed. Happy trading to all!
CADJPY : Short Trade , 1hHello traders, we want to check the CADJPY chart. The price is moving in a downward trend and has pulled back to the specified key level. We expect this breakout level to act as a support level and cause the price to fall further. We will have a price drop of 106,900 and 106,300. Good luck.
EURCHF : Short Trade , 1hHello traders, we want to check the EURCHF chart. The price has broken the ascending channel downwards. If the price pullback to the specified key level, we expect this level to maintain the downward trend of the price and cause the price to fall further. We expect the price to It should drop around 0.95600. Good luck.
XAU/USD BEARISH SETUP - 1910 KEY LEVELOn gold, we have a bearish setup on both the weekly and daily charts. Occasionally, we have noticed that it is useful to look at clearer and more detailed timeframes. In both the weekly and daily charts, we precisely have a bearish setup with a resistance zone between 1960 and 2040. Within this zone, there is a demand area and a bearish trendline where the price has bounced before reversing course after a slight rally. Indeed, the price is now descending towards 1910, which is our key level that will act as support initially and then resistance once the price reaches the demand zone, which is between 1800 and 1840. We expect a rebound from that area with a target of 1910. Let us know what you think. Happy trading to everyone!
GBP-USD Long From Support! Buy!
Hello,Traders!
GBP-USD pair is making a
Bearish correction but the
Pair is in the long-term
Uptrend and is set to
Retest the horizontal
Support level of 1.261
From where I think we
Will see a move up
Buy!
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GBPCHF : Long Trade , 4hHello traders, we want to check the chart of GBPCHF. The price has broken a descending channel and also a range zone to the top and then pulled back to the specified key zone. We expect this level to act as a support level and the price will go up. We expect the price to grow to around 1.12600. Good luck.
EURGBP : Long Trade , 1hHello traders, we want to check the EURGBP chart. The price has broken a range zone to the top and hit the ceiling of the pullback range channel. We expect this level to play the role of a support level and maintain the upward trend of the price. We expect the price to grow around 0.86300. Good luck.
✅WTI OIL SWING SHORT🔥
✅WTI OIL will be retesting a resistance level of 83.29$
From where I am expecting a bearish reaction
With the price going down but we need
To wait for a reversal pattern to form
Before entering the trade, so that we
Get a higher success probability of the trade
SHORT🔥
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