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📌 Potential SELL setup for: AUD/NZD

👩🏽‍💻 Technical: The overall direction of the price seems to be bearish. Although, there is some potential for a pullback as the price has rejected the weekly MA 200. This could lead to a re-testing of the 4-hour MAs before continuing its bearish move.

🎯 For an ideal entry: I would recommend waiting for the price to pull back to the MA 20 + bearish candlestick formation for a better entry. This will give you the opportunity to cover your stop loss & potentially minimize your risk.

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📌 Potential SELL setup for: AUD/CAD

👩🏽‍💻Technical: On a daily TF, the AUD price has crossed the 20-day and 50-day moving averages and is now trying to break through the 100-day moving average. This may suggest that there is selling pressure on the currency. However, it's important to note that the price is still moving within a channel on LTF.

🎯 For an ideal entry: To confirm a bearish bias, I suggest waiting for the price to break below the channel on the 4-hour chart, and also fully break the moving averages. Otherwise, no entry.

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📌 Potential SELL setup for: EURUSD

👨‍💻 Technical: We are on daily support at the moment, depending if it breaks it or not will make this trade valid or invalid, however the 4h timeframe does suggest a pullback.

🎯 For an ideal entry: Look for entry off the 20-50 ma's with a shooting star or bearish engulfing as confirmation to enter the trade short after pullback.

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Now that cad resumed its normal trend we buy hehe 😜🔥✅ @everyone

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📌 Potential SELL setup for: EUR/GBP

👩🏽‍💻Technical: The price is attempting to break below the MA 20 on the weekly chart, and the daily MA 100 has already been broken below. Strong support at 0.87379, so a break below would be significant for sellers.

🎯 For an ideal entry: I would suggest to wait for the price to break the support, maybe a push > exhaustion to confirm bearish bias, and aim to enter on a closure of any strong candlestick formation, otherwise no entry.

🏆 Want to know when we enter? Full entry TP/SL is provided. Join our premium trading group at @tradinglionbot😜

Weekly Forex Forecast - 20th March 2023 (EURUSD, GBPUSD, USDJPY, XAUUSD, USDCAD, NZDUSD, AUDUSD) https://youtu.be/EFw9jx9BPro

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📌 Potential BUY setup for: GBP/USD

👩🏽‍💻Technical: On the weekly, the price is trending above MA's and has successfully broken above a previous resistance level at 1.22028, and on the 4-hour, the price is aiming to close into a new high.

🎯 For an ideal entry: I would suggest waiting for a candlestick closure, ideally the bullish engulfing one, and potentially aiming for a profit target of 1.22690, if broken daily resistance.

🏆 Want to know when we enter? Full entry TP/SL is provided. Join our premium trading group at @tradinglionbot 😜

📌 Potential BUY setup for: EURUSD

👨‍💻 Technical: Monthly timeframe is still trending down, however all the other timeframes are bullish, I expect a pullback and then a potential continuation, but be careful high volatility news tomorrow!

🎯 For an ideal entry: Waiting is the best name of the game here, its way to far away for entry now, a pullback that would confirm entry would be the best bet.

🔊 Things change all the time, want to know when we enter? Always be up to date, get full entry take profit & stoploss levels Join our premium trading group @tradinglionbot ✅

📌 Potential BUY setup for: GBPUSD

👨‍💻 Technical: Similar to EURUSD, on a monthly area of sensitivity, all the other timeframes are showing bullish pressure, it could be that a continuation bull move will happen if it pullback towards the 2 moving averages.

🎯 For an ideal entry: Waiting for that pullback would be ideal, entry confirmation off the 4h channel or moving averages and then aim for the top of higher timeframe resistance, should give you a good risk reward.

🔊 Things change all the time, want to know when we enter? Always be up to date, get full entry take profit & stoploss levels Join our premium trading group @tradinglionbot ✅

📌 Potential SELL setup for: NZD/CAD

👩🏽‍💻Technical: Monthly price action is stuck between two MAs, trending inside a weekly channel, and trying to break the daily lower channel trend. A similar scenario is happening on the 4-hour chart, suggesting some bearish bias in the market.

🎯 For an ideal entry: My suggestions would be to exercise patience and wait until the price has successfully broken through both the channel and daily moving average. Otherwise, there is a chance that the price may rebound upwards.

🏆 Want to know when we enter? Full entry TP/SL is provided. Join our premium trading group at @tradinglionbot 😜