XAGUSD H4 – Inverted Heard & Shoulder

An inverted head & shoulder has formed for XAGUSD. The price is now near the breakout level for the bullish structure. Hereβs the full breakdown:
πΒ Market Structure: Consolidation
πΒ EMA Check (H4): Price closes above 50 EMA
πΒ Support & Resistance: Support = 48.3 / Resistance = 54.5
πΒ Trendline: Uptrend line broken but not cleared
πΒ Channel: Not available
β
Β Bias: Consolidation
π―Β Setup Watch: Look for buy setup to enter if 49.5 can be broken forming HH
XAUUSD H4 – Consolidation

The consolidation for XAUUSD has continued. This pair needs to break 4,050 to form a HH for the bullish run to continue. Hereβs the full breakdown:
π Market Structure: Consolidation
π EMA Check (H4): Price closed below 50 EMA.
π Support & Resistance: Support = 3,900 / Resistance = 4,050
π Trendline: Not available
πΒ Channel: Not available
β
Β Bias: Consolidation
π―Β Setup Watch: Looking for bullish setup to buy if a HH is formed
AUDNZD H4 – Is This The End Of The Rally?

This pair made a rally up to the most recent high and stalled. Here’s the full breakdown:
π Market Structure: Bullish
π EMA Check (H4): Price closed above 50 EMA
π Support & Resistance: Support = 1.14 / Resistance = 1.144
π Trendline: Bullish trend line still intact
π Channel: Not available
β
Β Bias: Bullish
π―Β Setup Watch: Tighten stop if already long
AUDUSD H4 – Can The Rally Continue?

AUDUSD rallied and then sold back down to the gap. Here’s the full breakdown:
π Market Structure: HH/HL β Bullish.
π EMA Check (H4): Price closed below 50 EMA
π Support & Resistance: Support = 0.653 / Resistance = 0.662
π Trendline: Bullish trend line intact
π Channel: Not available
β
Β Bias: Bullish
π―Β Setup Watch: Go long at market open with SL at 0.652 and TP at 0.662.
USDJPY H4 – Any More Bullish Momentum?

The USDJPY recent rally has encountered a major resistance at 154.4. We will see if the market has enough momentum to break through. Here’s the full breakdown:
π Market Structure: HH/HL β Bullish
π EMA Check (H4): Price is above 50 EMA
π Support & Resistance: Support = 153 / Resistance = 154.4
π Trendline: Bullish
π Channel: Not available
β
Β Bias: Bullish
π―Β Setup Watch: No setup at the moment.
