Mjtrading
Sell Limit Setup above 2025 High📉 AUD/USD – 2H Chart Analysis
🕒 Published: June 16, 2025 | TF: 2H
🔔 Trade Idea: 2x Sell Limit at Key Resistance Zone
🔹 Market Context:
Price is trading within a rising broadening wedge pattern (marked by the white and blue trendlines).
Current rally retraced aggressively toward upper wedge resistance (2025 High), an area that has repeatedly capped bullish momentum.
Price approaching previous supply zone.
🔻 Sell Limit Setup 1
Entry: 0.65400
SL: 0.6584
TP: 0.6503
R:R ≈ 1
➕ Fades rally into resistance
➕ Aligns with EMA structure and intraday exhaustion
🔻 Sell Limit Setup 2
Entry: 0.6550
SL: 0.6584
TP: 0.6499
R:R ≈ 2
➕ Higher entry into wick zone (liquidity trap)
➕ Potential false breakout above structure
➕ SL above key swing high = cleaner invalidation
⚠️ Aggressive short: smaller SL, better RR
Leg Based Continuation Possible Play📈 USD/JPY – 15M Chart (Scalping to Intraday Play)
🕒 June 17, 2025 – Lower Time Frame Setup
Bias: Short-term Bullish Continuation
Structure: Leg-Based Impulse-Pullback-Impulse Model
🔹 Market Structure Insight:
Price recently completed a strong impulsive move (LEG 1) on increasing volume.
After a shallow correction into dynamic support (EMA 60), price is attempting a LEG 2 continuation.
EMAs (15 & 60) have bullish alignment and acted as dynamic support.
✅ Buy #1 – Market Execution
Entry: 144.91 (current or recent execution)
SL: 144.38
TP: 145.25
R:R ≈ 1
🧠 Entry based on continuation after bullish flag breakout
✅ Price held higher low structure + EMA confluence
✅ Buy Limit #2 – Pullback Opportunity
Entry: 144.59 (highlighted zone between EMAs)
SL: 144.37
TP: 145.25
R:R ≈ 3.0
🧠 Designed to catch a retest into the mid-range and volume base
➕ Risk minimized, reward optimized
➕ Matches possible HL (higher low) setup if price dips before pushing
⚠️ Risk Management Notes:
Overlap with prior resistance zone just above TP (145.20–145.40): partial TP or trail advised.
Invalidated if price closes below 144.30 on strong volume (breaks structure).
If LEG 2 matches or exceeds LEG 1 in strength, extended targets above 145.50 possible.
XAUUSD - 4H Breakout and Retest Setup🟡🟡🟡
🕒 June 17, 2025
Bias: Medium-Term Bullish
Structure: Breakout → Retest → Continuation
Context: Trendline break + confluence with EMA + prior resistance turned support
🔍 Market Structure Insight:
Major descending trendline broken with strong impulsive momentum.
Pullback held at the intersection of:
Broken trendline retest
EMA 60 dynamic support
Bullish structure of HL-HH (Higher Low / Higher High)
Strong bullish candle at support
✅ Trade Plan – Buy Stop Setup
Entry (Buy Stop): 3402
SL: 3373 (below the pullback structure + EMAs)
TP1: 3430 (local resistance area)
TP2: 3470 (measured move from previous leg height)
#XAUUSD #Gold #TechnicalAnalysis #BreakoutSetup #Forex #EMA #SqueezePlay #TrianglePattern #tradingview #MJTrading