This GBP/USD 1-hour chart presents a bearish trade setup: Entry: Near resistance at 1.26814 Stop Loss: 1.27096 (above the resistance zone) Take Profit Levels: First Target: 1.26710 Final Target: 1.26124 (near key support) The analysis anticipates a rejection from resistance, leading to a downward movement toward the target levels.
This USD/JPY daily chart analysis suggests a bearish outlook. The price has broken below an ascending trendline and a key support/resistance zone (highlighted in red). The projection indicates a potential retest of the broken zone before a continuation downward.
Bitcoin (BTC/USD) – Approaching Key Support with a Potential Reversal 📉 Current Market Overview: Bitcoin (BTC/USD) is trading around $83,928, experiencing a -5.25% decline in the latest session. The price is currently respecting a descending channel, forming lower highs and lower lows, signaling a short-term bearish trend. 🔍 Technical Analysis: Trend: BTC is...
Gold (XAU/USD) – High-Impact Trading Analysis 📊 Market Overview: This chart presents a high-probability sell setup for Gold (XAU/USD) based on strong technical analysis. With precise risk management and well-defined targets, this trade setup is designed for optimal efficiency and profitability. 🔴 Stop Loss: 2921 (Risk Management in Place) ✅ Take Profit 1: 2989...