we analyse gbpusd from monthly time frame(i link it down below) and now we analyse it in 4h tf and we could sell it at purple zones .
from the monthly perspective we can see that price encounter a strong resistance and we could expect to be bearish gbpusd but if the trend line broken to the upside our idea will change to bullish idea i will discuss about gbpusd at lower time frame .
as you can see we have a wedge pattern and if the support line broke to the downside i expect the price will fall until 37500 at least .
gbpjpy has touched the resist line and we expect price to go lower . and we looking for selling opportunity near the purple zones
we are bullish on eurnzd and we will long it if the price broke the zones .
we have a cypher pattern so we expect price go up until the b point
we are bullish on euraud and if the zones broke to the upside we looking for buying opportunity
as you see we have a false breakout and price immediately come back to channel , so we are bearish on usdjpy and we could short it if the green zone broke to the downside .
xagusd sell setup we can sell it step by step and took profit in the next minor zones
the price broke the downtrend line and already retest it , so we expect to price go up
possible scenarios i only look for buying opportunities at pullback that i determined because it made a bullish pattern at monthly timeframe
the gold scenario i have a bullish mind on gold because at monthly we have a possible head and shoulder and everything look bullish if it goes up and break the 1818 level at pullback we enter trade also we could buy it when the 1815 level break to the upside and buy it at pullback to 1815