SheenaL

SheenaL

Hey traders, here’s the scoop on EUR/CAD: ⚠️ EUR/CAD is currently showing signs of consolidation after a recent bullish move. On the 4-hour time frame, we can see that the market is trading within a well-defined range. Here’s the breakdown: ✅ Bullish Scenario: Entry: Look for a strong breakout above the resistance level at 1.47121. This level has been tested...

SheenaL

Gold is currently retesting a recently broken trendline on the daily chart. On the 4H time frame, we can see that the market is consolidating and trading within a horizontal range. The price is hovering around the key level of $2,332.38, which aligns with the weekly resistance level. A bearish breakout of the support of the range at $2,318.00 will be our signal...

SheenaL

We’re looking at a potential short setup. The price is consolidating just below the daily resistance at 1.07248. If the price fails to break above the 21 EMA and shows bearish momentum, this could be a good entry point for a sell trade. ❌ Stop Loss: To manage risk, place a stop loss just above the daily resistance level at around 1.07535, ensuring we're out if...

SheenaL

What's up Traders! We’re eyeing a pullback. The current price is showing signs of retracement after hitting a recent high around $2,360.00. Look for a pullback to the 2-hour support level at approximately $2,342. which coincides with the 21 EMA. A bounce from this level would be a good entry point to go long. ❌ Stop Loss: To manage risk, place a stop loss just...

SheenaL

Hey traders, here’s the scoop on EUR/USD: ✅ Entry: We’re watching a potential bullish breakout. The price is currently testing the 4-hour resistance around 1.0740, sitting right at the 21 EMA (yellow line at 1.0737). A strong close above this level could signal a potential move higher. ❌ Stop Loss: To manage risk, place a stop loss just below the recent support...

SheenaL

Hey traders, here’s the scoop on GBP/USD: ✅ Entry: We’re looking at a potential buy setup. The price is currently consolidating around the 4-hour support level at approximately 1.2712, just below the 21 EMA (yellow line at 1.2713). A strong break above this level, especially if it closes above the 21 EMA, could signal a potential move higher. Look for a close...

SheenaL

Hey traders, here’s the scoop on XAU/USD: ✅ Entry: We’re eyeing a breakout strategy. The current consolidation around the 4-hour support at approximately $2,330.39 could be our chance. A strong break and close above this level, has signal a potential move higher. ❌ Stop Loss: To manage risk, place a stop loss just below the support level at around $2,328.00,...

SheenaL

The price is trading around $2,321.83, hovering just above the 21 EMA indicating a potential bullish move. The price has bounced off the support level at $2,317.74 and is showing signs of heading upwards. Key Levels: Support: $2,317.74 Resistance: $2,335.13, $2,350.00 Entry Strategy: Buy Setup: Look for a strong bullish candle closing above the current level...

SheenaL

Hello traders! Price is currently around $2,333.13, above the 21 EMA indicating potential bullish momentum. The price has been consolidating and is now breaking above the 21 EMA, suggesting a build-up for a potential upward move. Key Levels: Support: $2,322.84, $2,300.00 Resistance: $2,327.63, $2,348.94 Entry Strategy: Long Position: Look for a strong bullish...

SheenaL

Hey traders, here’s the scoop on Gold Futures: The price is currently trading around $2,329.5, just below the 21 EMA (yellow line at $2,332.7), indicating potential bearish momentum on this timeframe. There’s a recent downward movement with the price testing the trendline support. Entry Strategy: Short Position: Look for a pullback to the 21 EMA ($2,332.7) and...

SheenaL

Hey traders, here’s the scoop on GBP/AUD: The price is currently trading around $1.927190, just below the 21 EMA (yellow line at $1.927662), indicating potential bearish momentum. The price is hovering near an upward trendline, which could act as support. Key Levels: Support: $1.924518, $1.916509 Resistance: $1.933674 Entry Strategy: Short Position: Look for a...

SheenaL

Hey traders, here’s the scoop on XAU/USD: Analysis Overview: ✅ Trend and Price Action: The price is currently trading around $2,309.17, just above the 21 EMA (yellow line at $2,310.23). There's an upward trendline providing support, indicating potential bullish momentum. Key Levels: Support: $2,306.02, $2,287.80 Resistance: $2,322.24, $2,350.38 Entry...

SheenaL

Hey traders, here’s the scoop on USD/CAD: ✅ Entry: We’re observing a consolidation pattern with price action forming a symmetrical triangle. The key levels to watch are the 21 EMA (yellow line at 1.36609) and the support/resistance levels marked by the white lines. A breakout from this triangle pattern could provide a good trading opportunity. Look for a daily...

SheenaL

Hey everyone, here’s the latest on the XAU/USD pair: ✅ Entry: The recent break below our 4-hour support level (white line) at approximately $2408 is signaling a potential downtrend initiation. Consider entering a short on any pullback to this level, which may now serve as resistance. ❌ Stop Loss: Set a stop loss just above the recent high or the 21 EMA (around...

SheenaL

Hey traders, let’s dive into EUR/CAD as we see some intriguing action on the 4-hour timeframe. We’re eyeing a potential breakout, so here’s the scoop: ✅ Breakout Potential: The pair is tightening up, forming what seems to be an ascending triangle pattern, pushing against the yellow resistance line at 1.48185. A decisive breakout above this resistance could set up...

SheenaL

Hey traders, we’re seeing some movement on the XAU/USD pair on the 15-minute frame. Let’s break down the key points: ✅ Entry: We’re targeting an entry for a short position around the $2430.14 resistance level, marked by recent rejections and the alignment with the 21 EMA (yellow line). Watch for bearish price action signals around this area as confirmation. ❌ SL...

SheenaL

Traders, we're witnessing a potential downtrend on EUR/USD. Here's the setup: ✅ Entry: Look for a confirmed break below the current price near 1.06601, marked by consecutive bearish candle closes on the 1-hour chart. ❌ SL: Set a stop loss above the recent swing high around 1.06812 to minimize risk in case of a price reversal. 🎯 TP 1: Target the first profit at...

SheenaL

Hello Traders! EUR/USD is testing the 21-day EMA as a tentative Support, which might indicate a temporary bullish stance within a broader bearish context underscored by the price's position below the 200-day SMA. Immediate resistance is eyed at 1.07992, with a break above potentially signaling a push towards 1.08607. However, if the pair falls through the...