Get started

M-forex

GBP/USD: A slight pullback before continuing higher?The USD has weakened against major currencies due to expectations that the Federal Reserve (Fed) will cut interest rates in upcoming meetings. This has reduced the attractiveness of the USD, while the UK economy remains stable with a 0.10% GDP growth in August, boosting confidence in the British pound. Technical Analysis: The GBP/USD chart shows a strong uptrend, with higher lows and higher highs. The support level at 1.3400 remains intact, and the price is currently heading towards the resistance level at 1.3470. Indicators such as the EMA 34 and 89 are both supporting the bullish trend. Conclusion: With support from both macroeconomic factors and technical analysis, GBP/USD is likely to continue its upward movement. Consider buying on a pullback to 1.3400, with targets at 1.3470 and 1.3500.
Long
by Octaviuss
2
GOLD bounces back, hopes of policy reversalOANDA:XAUUSD reversed dramatically in the trading session on October 14, after Federal Reserve Chairman Jerome Powell sent a clear dovish message, indicating that the Fed is ready to continue its rate-cutting cycle despite political uncertainty and the US government shutdown. As of the time of writing, gold quickly recovered to $4,178 per ounce, up 0.89% on the day. The main driver came from expectations that the Fed will cut interest rates by another 0.25% in October, a signal that Powell reinforced in his speech at the National Association for Business Economics Annual Meeting. Powell said the outlook for jobs and inflation “has not changed materially” since the September meeting, when the Fed began easing. But he stressed that risks to the labor market are rising, hiring has slowed, and unemployment could soon rise again after a long period of deep decline. “We are at a point where further deterioration in the labor market could start to show up in the unemployment rate,” Powell said, hinting at the possibility that the Fed may have to act more quickly to protect the expansion. The announcement is seen as a turning point in policy direction, especially after Powell admitted that the Fed is considering ending the process of shrinking its balance sheet, a factor that has tightened global liquidity over the past year. Many organizations such as TD Securities believe that the Fed could announce the end of this program as early as the October meeting, paving the way for a clearly easing monetary environment from November. The reaction in financial markets was immediate: the yield on the 10-year US Treasury bond fell to 4.03%, the DXY index fell 0.25% to 99.00, showing that the Dollar is under new selling pressure. At the same time, safe-haven flows returned to the gold market, reinforcing the rapid recovery of this precious metal. Markets saw Powell’s message as not only reassuring after a period of intense volatility, but also as opening up the possibility that the Fed is preparing for a prolonged easing cycle. Broadly, the Fed is shifting its focus from containing inflation to protecting growth and jobs, a strategic shift. With global growth slowing, geopolitical risks spreading, and US-China trade tensions rising, Powell appears to prioritize maintaining liquidity and financial stability over further tightening. Gold prices have risen more than 57% year-to-date, supported by safe-haven demand, strong central bank buying, and large inflows into gold ETFs. Institutions such as Bank of America and Société Générale are now raising their gold price forecasts to $5,000/ounce by 2026, in a scenario where the Fed ends its tightening cycle and the dollar enters a period of structural weakness. If the Fed confirms its dovish stance at its October meeting, investors expect this could be a turning point in global monetary policy, with gold continuing to serve as a “confident gauge” of Powell’s management ability and the resilience of the US financial system. Technical outlook analysis OANDA:XAUUSD Trend Overview • Main Trend: Strongly bullish, price remains in an ascending channel, a series of long-bodied candles shows that buyers are in control. • Technical Momentum: RSI in overbought zone (>75), momentum is still there but signals a risk of a short-term correction. Important levels on the chart • Near resistance: $4,213 (Fib 0.618). Next extension zone $4,286 – $4,378. • Near support: $4,100 (psychological level), followed by $4,060 and $4,000 (strong support/low MA). Short-term scenario & warnings • Preferred scenario (trend-follow): maintain medium-term bullish view if price holds above 4,000–4,060. • Correction warning: due to overbought RSI, a pullback of $50–$120 may occur to “digest” the momentum before continuing the trend. Macro news (Powell, employment data, geopolitical news) may trigger strong volatility. Risk Management • Smaller order sizes than usual due to high volatility. • Don't chase prices past strong resistance; prioritize buying on signs of a successful retest. The uptrend is still intact; a reasonable strategy is to buy with the trend on corrections or buy breakout confirmations. However, overbought RSI and macro/geopolitical news risks could cause significant pullbacks, so prioritize risk management and tight SL. SELL XAUUSD PRICE 4242 - 4240⚡️ ↠↠ Stop Loss 4246 →Take Profit 1 4234 ↨ →Take Profit 2 4228 BUY XAUUSD PRICE 4145 - 4147⚡️ ↠↠ Stop Loss 4141 →Take Profit 1 4153 ↨ →Take Profit 2 4159
OANDA:XAUUSDLong
by Xayah_trading
2
Steven-GoldTrading – XAUUSD: End of Wave 5Steven-GoldTrading – XAUUSD: End of Wave 5, Awaiting Powerful ABC Correction Wave Hello trading community, Gold continues to make waves as it extends its record-breaking rally, setting a new all-time high above 4,240 USD. However, after a strong upward cycle, technical signals indicate a short-term correction wave (ABC Wave) is forming to gather liquidity before the uptrend resumes. 🧭 Technical Analysis (30m Chart – XAUUSD) Based on the 30-minute chart, the price structure suggests the possibility of:Completing Elliott Wave: Gold appears to have finished the 5th Impulse Wave cycle (Elliott Wave 5), reaching the peak area near 4240 USD. ABC Wave Forming: After Wave 5, the market tends to enter a correction phase following the ABC Wave pattern. Wave A: Has formed from the peak of Wave 5 to the 4200 USD area. Wave B: Currently unfolding (recovering upwards). Wave C: The preferred scenario is a deeper corrective decline to the Buy Support area to gather enough liquidity for the next upward move. Liquidity Areas to Watch:Sell Resistance (Sell Scalping): Around 4240 – 4270 USD. This is the technical peak and the final resistance of the price channel, ideal for scalping sales.Buy Support: Area 4170 – 4180 USD. This is a crucial support zone where Wave C is expected to end, triggering the next upward move. 🎯 Intraday Trading Scenario (Europe & US) Today's preferred scenario is to watch for selling (Sell) to catch the correction wave and then watch for buying (Buy) at the strong support area. 📉 Sell Scalping (Priority to sell to catch Wave C correction) Based on the expectation that the price will complete Wave B and begin Wave C decline to gather liquidity.📍 Entry: 4266 – 4268 (Watch for selling at the channel peak resistance) 🛑 SL: 4275 🎯 TP: 4245 - 4222-4210.5 (Targeting the temporary support area) 📈 Buy Swing (Following the main trend)Wait for a deep correction to the critical liquidity area before the price rises again. 📍 Entry: 4181 – 4183 (Buy Support area – where Wave C ends) 🛑 SL: 4175 🎯 TP: 4190 - 4205 - 4233 - 4250 (Targeting to break the peak) 📌 Fundamental View & Conclusion Main Driver: Gold prices remain firm near historical highs due to sustained safe-haven demand and expectations that the Fed will cut interest rates in the future (long-term supportive factor).Conclusion: Gold is in a short-term technical correction phase (ABC Wave) during the European and US sessions to consolidate the foundation before continuing its upward trend. 4180 USD is an extremely important liquidity area to trigger a new upward move. 👉 Follow me for detailed updates as the price approaches the outlined Entry areas!
OANDA:XAUUSDShort
by Steven-GoldTrading
USD/CHF Falls to Two-Week LowUSD/CHF Falls to Two-Week Low This morning, the USD/CHF exchange rate slipped below 0.7944 for the first time since 1 October, as demand for safe-haven assets intensified — a trend also reflected in yesterday’s record gold price above $4,200. The traditionally stable Swiss franc is strengthening amid rising global uncertainty and risk aversion: → In Japan, the upcoming prime ministerial election could significantly impact monetary policy, while France faces ongoing political turmoil. → In the United States, the government shutdown continues, and traders are closely watching developments around a potential trade deal with China, possibly to be discussed during an expected meeting between the two countries’ leaders. Technical Analysis of the USD/CHF Chart As noted in our 25 September analysis, the Swiss franc has appreciated through 2025 amid elevated geopolitical and macroeconomic risks, forming a downward channel on the USD/CHF chart (shown in red). We also highlighted: → the possibility of a trend reversal around the 0.7900 support area; → potential breakout targets (shown in blue). Since then, the bulls have indeed made progress, driving the price up towards point A and: → breaking above the red channel’s upper boundary; → overcoming the psychological 0.8000 level. However, that progress has not been sustained. Among the bearish signals: → the median line of the blue channel acted as resistance; → the brief move above local highs around 0.8072 resembles a bearish liquidity grab. From the bullish perspective, USD/CHF has now retreated into a zone that could act as support: → the upper boundary of the red channel; → the lower boundary of the blue channel. The arrow highlights signs of a bullish engulfing pattern, suggesting that buyers may be using these support zones to stage a rebound within the blue channel. The 0.8000 psychological mark could serve as the first key test of their resolve. This article represents the opinion of the Companies operating under the FXOpen brand only. It is not to be construed as an offer, solicitation, or recommendation with respect to products and services provided by the Companies operating under the FXOpen brand, nor is it to be considered financial advice.
by FXOpen
1
XAUUSD Delivered Excellent profits [600 PIPS] Thanks to those who followed, trusted me, and made profits. As I mentioned in today’s commentary session: • I took buy trades around 4190-4180, and I’m expecting the market to test the 4240 benchmark, with an extension towards 4275. My strategy was to buy the dips, and I’m very happy with the profits so far – . My first target (4240) is achieved, Alhamdulillah. **Additional Tip:** Selling against the current bullish bias isn’t advisable, I will buy the dips and wait for the new Setup
OANDA:XAUUSDLong
by Forexmaestro121
#033: Long Investment Opportunity on AUD/CAD The Australian dollar/Canadian dollar exchange rate has been consolidating for several sessions, establishing a clean base just above a key demand area. Hello, I'm Forex Trader Andrea Russo, an independent trader and prop trader with $200,000 in capital under management. Thank you in advance for your time. It's not just the support itself that's interesting, but also the way the price has reacted each time it's tested: strong rejections, increasing volume, and clear signs of institutional traders absorbing the market. On higher timeframes, the bearish pressure is showing signs of exhaustion. The latest candles have pronounced lower wicks, a sign that buyers are returning to activity while the sellers' pressure is slowing. The price continues to move within a descending channel, but the structure is starting to show the first signs of a possible reversal. Volumes also tell the same story: each test of the low zone has been accompanied by an increase in activity, typical of an accumulation phase. The main moving averages are flattening, confirming a loss of strength in the previous trend. From a macro perspective, the Australian dollar continues to benefit from the stability of the commodity market and a relatively neutral monetary policy, while the Canadian dollar is suffering from the recent weakening of oil prices. This intermarket divergence often heralds a corrective or impulsive move in favor of the AUD. In summary, the technical and fundamental context suggests a possible resumption of bullish momentum. However, it will be crucial to wait for a decisive close above the short-term resistance zone to confirm the entry of directional momentum.
Long
by Andrea_Russo_SwipeUP
CAD/JPY: Bearish Breakdown to 101.92?FX:CADJPY is displaying strong bearish signals on the daily chart , with price adhering to a downward trendline established since July 11th, forming successive lower highs that underscore persistent downward momentum . The highlighted " Compress Pattern " at the lower end suggests a period of consolidation and price compression, often preceding a volatile breakout to the downside as sellers build pressure against key supports. Entry zone between 108.86-109.75 for a short position. First target at 101.75 (risk-reward >1:2.5) , second at 101.92 (risk-reward >1:5.5) near major support zones. Set a stop loss on a close above 110.05 to guard against an upside reversal. Seek confirmation through a decisive break below the entry with elevated volume. 🌟 Fundamentally , this week we have Canada's inflation rate report, which significantly impacts CAD—recent data shows September YoY inflation at 1.9% and core at 2.6%, potentially influencing BoC policy. Additionally, Japan's trade balance report this week could introduce volatility to JPY, with the Merchandise Trade Balance Total scheduled for October 22st. 💡 📝 Trade Plan: ✅ Entry Zone: 108.86 – 109.75 (short entry near resistance/trendline) ❌ Stop Loss: Close above 110.05 🎯 Targets: TP1: 107.75 (R:R > 1:2.5) TP2: 101.92 (R:R > 1:5.5) What's your perspective on this setup? Share in the comments! 👇
Short
by Master_Hunter
3
XAUUSD: Profit-Taking Pressure Emerges XAUUSD: Profit-Taking Pressure Emerges - Trading Strategy as Gold Adjusts Hello traders community, Today's trading session witnessed a strong "Price Rejection" of XAUUSD at a new peak, triggering a nearly $20 decline. Although the long-term bullish structure remains intact, the profit-taking signals from buyers are clear. This article will delve into key price zones and outline a detailed trading strategy amidst the adjusting market. 📊 Technical Analysis The H1 chart provides an overview of current liquidity zones and price structure: Fibonacci Resistance Zone: The price reacted strongly at the confluence of the 2.618 Fibonacci Extension levels, around the $4240 area. A strong bearish candle appeared right after the price touched this zone, confirming it as an extremely potential "Sell zone." Sellers have officially entered the fray. Point of Control (POC) and Liquidity: The Volume Profile (VPVR) indicator shows the largest trading volume concentration (POC) at $4196. This is the "magnet" zone attracting price in the short term. If the price recovers, this will be the decisive tug-of-war zone. Key Support Zones: $4196 (Buy Scalping): The POC zone acts as the first price support point. Scalpers can look for short-term buying opportunities here. $4158 (Buy Zone): This is a firmer support zone, the bottom of the previous upward move, and also an area with significant trading volume. Buyers are likely to return strongly if the price adjusts here. 📰 Market Sentiment Profit-Taking Pressure: After a hot growth streak, Gold's sharp nearly $20 decline is a healthy adjustment move. The selling force mainly comes from short-term profit-taking traders. "Sharks" Still Accumulating: Notably, while the price adjusts, the world's largest gold ETF, SPDR Gold Trust, increased its gold holdings by 1.15 tons. This move shows that large institutions remain optimistic about Gold's long-term prospects and are taking advantage of the dip to accumulate more. This is a signal contrary to short-term price action, traders need to pay special attention. 🎯 Actionable Trading Plan With the current technical signals and market sentiment, we prioritize the strategy of selling on recovery (Sell the Rally). Scenario 1: Sell on Downtrend (Sell) 📉 Entry Zone: Wait for the price to recover to the $4228 area. This is the "retest" area of the liquidity zone previously controlled by sellers. Stop Loss: $4235, above the nearest minor peak. Take Profit: $4210 - $4188 - $4165 - $4133. Scenario 2: Buy at Strong Support (Buy) 📈 Entry Zone: If the price continues to decline, look to buy at the "Buy zone" $4158. Stop Loss: $4150, a safe level below the support zone. Take Profit: $4173 - $4190 - $4205 - $4230. Scenario 3: Short-Term Scalping (Scalping Buy) ⚡️ Entry Zone: Quick buy at the POC $4196. Stop Loss: $4188, a short and tight stop loss. Take Profit: $4210 - $4228. Summary In the short term, sellers temporarily dominate after Gold failed to conquer the $4240 resistance zone. The main strategy is to sell on recovery. However, SPDR's buying action indicates that the medium and long-term uptrend remains very solid. Therefore, buying orders at strong support zones like $4158 are also opportunities not to be missed. Trade with discipline and manage your capital tightly. Wishing fellow traders an effective trading day! Note: This analysis is based on personal views and is for reference purposes only, not direct investment advice.
OANDA:XAUUSDShort
by LiamTradingFX
Hellena | EUR/USD (4H): LONG to the resistance area 1.16827.Colleagues, the recent continuation of the downtrend has made me reevaluate my wave analysis a bit. If everything is correct, we are now witnessing a correction - triangle (ABCDE). In this case, wave “C” should not update the minimum of wave “A”. This means that I expect the upward movement to start either from the current values or after the correction is completed around 1.14876. Then I expect the beginning of the upward movement at least to the resistance area of 1.16827 - the middle line of the triangle. Fundamental context The U.S. dollar is showing signs of weakness — recent labor data came out softer than expected, and markets continue to price in further Fed rate cuts. This reduces demand for the dollar as a safe-haven asset. At the same time, the ECB is likely to keep its current policy unchanged, as there’s limited room for additional easing. That gives the euro a slight fundamental advantage. Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Long
by Hellena_Trade
9
EUR/USD: Bearish Pullback to 1.156?FX:EURUSD is flashing bearish signals on the 4-hour chart , where price is testing a downward trendline with successive lower highs, signaling continued weakness in the pair. The good entry point aligns near the EMA 200 (acting as dynamic resistance) and a key resistance zone, setting up for a potential downside continuation if sellers step in. 🎯 Entry zone between 1.167-1.169 for a short position. Target at 1.156 near the support zone for solid risk-reward. 📊 Set a stop loss on a close above 1.1725 to protect against upside breaks. 🌟 Look for confirmation on a break below the entry with increasing volume, amid ongoing USD strength against the EUR. On the fundamental front , today—Wednesday, October 15, 2025,today's Eurozone Industrial Production data stands out as a key event for EUR, while speeches from several Federal Reserve members could influence USD movements. 💡 📝 Trade Plan: ✅ Entry Zone: 1.167 – 1.169 (short setup near resistance & EMA 200) ❌ Stop Loss: Close above 1.1725 🎯 Target: 1.156 (major support & take-profit zone) What's your outlook on this setup? Drop your thoughts below! 👇
Short
by Master_Hunter
7
Gold Analysis - Can Buyers Push the Price to $4,250?OANDA:XAUUSD is currently moving within a clearly defined upward channel, with prices consistently adhering to both the upper and lower boundaries of the channel. The recent bullish momentum indicates that the buyers are in control, creating a strong possibility for the uptrend to continue in the near future. Recently, the price broke through a key resistance level and is now retracing to test it again. If this level holds as support, it will further reinforce the bullish structure, and the next target of 4,250 will become attainable, aligning with the upper boundary of the channel. As long as the price remains above this support zone, the bullish outlook will remain intact. However, if the support is broken, the bullish scenario could be invalidated, increasing the likelihood of a deeper pullback. Remember, before making any trading decisions, always confirm your setups and ensure you are managing risk effectively.
OANDA:XAUUSDLong
by Kiliann_Dang
1
XAUUSD detects the Cup and Handle patternThe market context on XAUUSD is still clearly bullish. The latest movement has shown a stable recovery, pushing towards the expected channel top. But let's pay attention to what happens at this price level. The price tested it once... and then bounced down. It’s coming back... And now, for the third time, we’re waiting for buyers to defend this level again... This looks a lot like a Cup and Handle pattern, a strong signal that buyers are building significant bullish momentum. Now, let’s break it down: The real confirmation comes when the price breaks through the neckline, the resistance level connecting the peaks. That breakout tells us the change is real! Strong and clear. And right now, the market is consolidating. This is the Cup and Handle pattern: a continuation pattern signaling an uptrend. When the price breaks out of the handle, it’s the confirmation that buyers are back, and the new bullish trend is starting.
OANDA:XAUUSDLong
by Kiliann_Dang
5
AUD/CAD: Bearish Drop to 0.9097?As the previous analysis worked exactly as predicted, FX:AUDCAD is signaling a bearish continuation on the 1-hour chart , with price testing a downward trendline and forming lower highs, indicating sustained selling pressure. The entry zone sits near the resistance zone , aligning with the trendline for a high-probability short setup if sellers maintain control. Entry between 0.9182-0.9200 for a sell position. Targets at 0.9116 (first) and 0.9097 (second) near the support zone for a solid risk-reward ratio. Set a stop loss on a close above 0.922 to protect against an unexpected reversal. Look for confirmation with a break below 0.9182 accompanied by increasing volume, driven by the prevailing bearish momentum. Fundamentally , tomorrow—Thursday, October 16, 2025—we have the Australian Unemployment Rate report, which could trigger volatility in AUD. Additionally, the Bank of Canada Governor’s participation in a friendly session in Washington tomorrow may influence CAD movements, adding another layer of uncertainty to the pair. 💡 📝 Trade Plan: ✅ Entry Zone: 0.9182 – 0.9200 (short setup near resistance & trendline) ❌ Stop Loss: Close above 0.9220 🎯 Targets: TP1: 0.9116 (initial support) TP2: 0.9097 (extended downside target) What’s your take on this setup? Share below! 👇
Short
by Master_Hunter
1
XAUUSD – The Uptrend Remains Strongly IntactGold continues to hold above the 4,100 USD/oz zone — a key psychological support level after growing expectations that the Fed may cut interest rates this month. The technical structure shows XAUUSD is still moving within a clear ascending channel, with each retest of the trendline being strongly absorbed by buying pressure. It’s highly likely that the 4,100 – 4,120 area will serve as the next accumulation zone before price moves toward the 4,250 USD target. As long as the Fed maintains its dovish stance and U.S.–China tensions remain elevated, gold’s bullish trend stays firmly intact. Strategy: Focus on Buy on Dip around 4,100 – 4,120, targeting 4,250 – 4,300 in the short term.
OANDA:XAUUSDLong
by Octaviuss
EURUSD Recovers Slightly After Sharp Drop – Trend PendingHello everyone, After the sharp drop from 1.1670 to 1.1560, EURUSD is showing signs of a mild rebound as price has broken above the temporary resistance around 1.1600 and is currently trading at 1.1623. On the 1H chart, the overall structure remains bearish, but the recent upward swings indicate a potential short-term recovery. FVGs at 1.1600, 1.1620, and 1.1630 serve as key support–resistance zones where price may retest before confirming the next direction. The Ichimoku cloud still leans bearish, but Span A and Span B intersect around 1.1620–1.1630, opening room for sideways movement or slight gains if buying pressure strengthens. News sentiment continues to impact the pair. Ongoing US–China trade tensions weigh on risk assets, boosting demand for USD as a safe haven and pressuring EURUSD. Expectations of Fed rate hikes keep the dollar strong, while the EU economy faces challenges, particularly in manufacturing and consumption, limiting euro gains in the short term. Looking ahead, the priority scenario is for price to hold above 1.1600–1.1620, potentially testing stronger resistance at 1.1650 and 1.1670. Surpassing these levels would reinforce the recovery trend, though selling pressure could appear at previous highs. Conversely, failure to maintain above 1.1600 may lead to a retest of 1.1550–1.1570, a critical observation zone for the next rebound or further decline. What do you think — share your thoughts in the comments!
Long
by EmmaChartist
12
Risk-Off Sentiment Strengthens, Gold Holds Bullish StructureHello everyone, Rising US–China tensions are fuelling market volatility, as both sides continue imposing retaliatory tariffs and export restrictions. This escalation has shaken global equities and driven investors back to safe-haven assets like gold. Remarks from Fed Chair Jerome Powell at NABE further boosted expectations for monetary easing, as he hinted at two rate cuts of 25 basis points each within the year. The prospect of lower rates reduces the opportunity cost of holding gold, reinforcing its bullish momentum. During the previous session, gold spiked sharply from 4,090 to 4,180 before slight profit-taking brought it down to around 4,161 — yet it still closed higher than the day before, confirming buyer dominance. On the 1H chart, the uptrend structure remains intact and orderly. Each bullish impulse creates a Fair Value Gap (FVG) that’s later partially filled — a typical pattern of a strong trending market. Overall, the macro narrative continues to favour a “risk-off” sentiment, aligning with the prevailing bullish structure. A modest pullback to the 4,150–4,158 zone could offer an opportunity for momentum to rebuild toward 4,185–4,190, and if this resistance breaks, a move toward 4,200–4,220 could quickly follow.
OANDA:XAUUSDLong
by EmmaChartist
6
GBP/USD – The Pound’s Uptrend ContinuesAlthough weak wage growth data for August caused the pound to dip slightly on Tuesday, positive signals from Bank of England (BoE) Governor Andrew Bailey provide strong support. He emphasized that the BoE will maintain a cautious monetary policy and will not rush to cut interest rates, signaling that rates may remain high for an extended period. On the chart, GBP/USD is currently showing a strong recovery pattern after touching the 1.3300 support zone, and is moving upwards with the next target at 1.34100. The macroeconomic factors from the BoE are likely to fuel further momentum for the pound, with buyers expected to return strongly. Trading Strategy: Buy GBP/USD around 1.33180, with a target towards 1.34100. The pound may continue its upward movement as the BoE’s monetary policy remains supportive.
Long
by Octaviuss
10
AUDUSD: Price Holds Below Daily HTLKey Observations Daily Timeframe: Price remains below HTL, which signals lack of strength to try and trade above it Downside momentum is likely to pick up as price is below EMAs and EMA20 is threatening to cross back below EMA60 H1 Timeframe: Price remains bearish as indicated by it's inability to trade above the EMA band and sustain that momentum Price crossed back below the EMA band with a strong bearish candle so the entry is based on the current pullback move
Short
by FinancialGamblR