Forex Trading Lions
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πŸ”»Potential SELL setup for: EURUSD

πŸ‘¨β€πŸ’» Technical: Candlesticks are near moving averages, should be a good turning point for the trade, however the 1h has not yet crossed them, so you might want to wait for that to happen before you enter, we also broken daily trendline with a push exhaustion cycle finally complete, recent shooting star on the 4h does give more bearish bias.

🎯 For an ideal entry: You either enter now and risk the 1h moving averages will be broken, or wait until they do break, have a push exhaustion and enter short.

πŸ”Š Want to know when we enter? Join our premium trading group here @tradinglionbot πŸ“ˆ
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πŸ”»Potential SELL setup for: GBPUSD

πŸ‘¨β€πŸ’» Technical: Similar scenario to EURUSD we had a nice shooting star close on the 4h and a nice push exhaustion cycle near the moving averages, but is that enough? well we still have not broken the 1h MA's which would make this trade from good to great, so we need to be careful about that. We also have a strong area of support market with a red line.

🎯 For an ideal entry: Same as eurusd, you either enter now and risk the 1h moving averages will be broken, or wait until they do break, have a push exhaustion and enter short.

πŸ”Š Want to know when we enter? Join our premium trading group here @tradinglionbot πŸ“ˆ
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πŸ“Œ Potential SELL setup for: GBP/AUD

πŸ‘©πŸ½β€πŸ’» Technical: Strong bearish bias on the monthly chart. Looking at the weekly chart, the price has been facing significant resistance due to multiple rejections of the weekly moving average of 50. On the daily chart, the current formation of a bearish engulfing candlestick is suggesting a potential price drop and a break below the daily moving average of 20 would confirm this trend. However, it's important to note that the price has not yet broken past the neckline of the M pattern on the 4-hour chart, which is necessary to fully confirm the bearish trend.

🎯 For an ideal entry: I suggest to wait for the price to break the neckline of the M pattern on the 4-hour chart and then push > exhaustion the previous area of sensitivity. A bearish candlestick closure, ideally a bearish engulfing or shooting star, would confirm the entry.

πŸ” Stay updated on our potential entry by joining our premium trading group here: @tradinglionbot
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πŸ”»Potential BUY setup for: EURGBP

πŸ‘¨β€πŸ’» Technical: Trending towards the upside nicely, broke past one of the moving averages waiting for the second break, it could potentially close as a head and shoulders pattern and trade becomes invalid especially if neckline breaks.

🎯 For an ideal entry: Wait for a break of moving average and push exhaustion cycle and then enter with a bullish candlestick confirmation to the upside, potentially re-testing the previous top level.

πŸ”ŠWant to know when we enter? Join our premium trading group here @tradinglionbot
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πŸ“Œ Potential BUY setup for: EUR/JPY

πŸ‘©πŸ½β€πŸ’» Technical: The monthly and weekly time frames for EUR/JPY are showing bullish signs, with the MAs of 20/50 and 200 trending below. However, on the daily chart, the price is currently experiencing a pullback, indicating potential bearish pressure. The 1-hour consolidation further confirms the current market situation for EUR/JPY.

🎯 For an ideal entry: You should wait for the price to push higher and break through the resistance zone, also breaking the 4-hour moving average of 20.

πŸ” Stay updated on our potential entry by joining our premium trading group here: @tradinglionbot
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πŸ”»Potential BUY setup for: USDCAD

πŸ‘¨β€πŸ’» Technical: Trending toward the upside nicely, however, we have a downtrend, if we manage to break it and have a push exhaustion cycle this could be a good way to enter the trade for a good RR. You could also risk a short-term trade and trade the 20-30 pips space for potential bullish profit if it re-tests the trend.

🎯 For an ideal entry: Wait for a push exhaustion cycle to happen, and then see where we are, news coming up soon so the cycle could happen quicker than expected.

πŸ”Š Want to know when we enter? Join our premium trading group here @tradinlionbot βœ…
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πŸ”»Potential SELL setup for: EURUSD

πŸ‘¨β€πŸ’» Technical: If we manage to break the up-trend and have a push exhaustion scenario, with a any bearish price action candlestick as confirmation to go short, this trade would do great! Generally the bias is bearish and mostly trending down.

🎯 For an ideal entry: Wait for a push exhaustion cycle to happen, enter on completion of exhaustion. ONLY ENTER IF IT BREAKS OTHERWISE NO ENTRY.

πŸ”ŠWant to know when we enter? Join our premium trading group here @tradinglionbot
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πŸ“Œ Potential SELL setup for: AUD/USD

πŸ‘©πŸ½β€πŸ’»Technical: On the daily chart, the price broke the trendline, but the price is having difficulty breaking lower because of the strong support at 0.6860. Yet, the moving averages are still trending south, suggesting a continued bearish bias for AUDUSD. On the 4-hour chart , we can see that the price tried to break out of the support at 0.6860, but the selling pressure was not as strong enough.

🎯 For an ideal entry: If the support level is broken, we can expect a continuation of the downward trend after a push > exhaustion cycle completion.

πŸ” Stay updated on our potential entry by joining our premium trading group at @tradinglionbot
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πŸ”»Potential BUY setup for: AUDNZD

πŸ‘¨β€πŸ’» Technical: Everything is trending up nicely, a rejection to the moving averages and not forming a bullish engulfing candlestick , if this manages to close bullish then we can definitely enter trade long to re-test top level, if broken then it should head much further.

🎯 For an ideal entry: Only enter on candlestick closure, if it does not close a bullish engulfing the trade ideas is invalid.

πŸ”ŠWant to know when we enter? Join our premium trading group here @tradinglionbot
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Can forex trading be addictive? πŸ€”
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5%
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Hey everyone no free ideas today, FOMC news could shake up the market, so I rather not waste my time analysing if in the next 3-4 hours the markets suddenly flip direction

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πŸ”»Potential SELL setup for: GBPUSD

πŸ‘¨β€πŸ’» Technical: A recent bearish engulfing candlestick and a strong rejection with at the moment, shows that bearish pressure is still here to stay, after shaky US news data it looks like the trend direction won't likely change, which means the pair should keep a stable trend towards the downside.

🎯 For an ideal entry: You could enter, or wait for a push past the 4h support and then wait for exhaustion to definitely confirm bearish bias for a better trading setup.

πŸ”Š Want to know when we enter? Join our premium trading group here @tradinglionbot
πŸ”»Potential BUY setup for: USDCAD

πŸ‘¨β€πŸ’» Technical: USDCAD has recently broken a important daily trend and now gave us a bullish engulfing candlestick on the 4h timeframe, all other timeframe have a bullish bias.

🎯 For an ideal entry: The ideal entry would be to wait for a exhaustion in between the 2 moving averages and see if you can spot a bullish candlestick pattern there, that way you would get great risk reward, and you could aim for first take profit to be around the previous top level.

πŸ”Š Want to know when we enter? Join our premium trading group here @tradinglionbot
πŸ“Œ Potential SELL setup for: NZD/USD

πŸ‘©πŸ½β€πŸ’»Technical: Bearish pressure is indicated by daily price action trending below MAs and strong candlestick rejection of the monthly TF. On the 4-hour, the price is currently moving into a channel, making it more than likely to re-test the 4-hour downtrend before continuing to trend down.

🎯 For an ideal entry: Wait for the price to break the lower channel trendline, then, push > exhaustion to confirm the bearish bias. Otherwise, no break, no entry.

πŸ” Stay updated on our potential entry by joining our premium trading group at @tradinglionbot