Today I attempted to buy USDJPY with a stop-loss order placed at 151.45 and a take-profit order at 152.21. USDJPY on the M15 timeframe. In the context of the medium-term trend, the price, which remains above the Moving Average, indicates a persistent bullish trend. The red line acts as dynamic support, thus far resisting corrective pressure. Despite several attempts by sellers to push the price lower, no candlesticks have significantly penetrated the Moving Average. This indicates that buyers still maintain control of the market direction, although their momentum is starting to wane due to their inability to break through the key resistance area above.

Today I attempted to sell USDCAD with a stop-loss order placed at 1.4027 and a take-profit order at 1.4005. The ongoing upward movement of USDCAD on the M15 timeframe tends to be weak because no bullish candle has yet broken through the key resistance area around the Moving Average. If the price fails to break through this area and a reversal pattern such as a pin bar or bearish engulfing pattern forms, it could be a strong signal that selling pressure will increase again. This condition is usually followed by a continued decline towards the previous support area in the range of 1.3980 to 1.3950.

Today I attempted to sell GBPJPY with my stop-loss placed at 202.50 and take-profit at 201.65. GBPJPY on the 15 timeframe. A closer look reveals a reversal pattern resembling a double top, forming in the 203.30?203.40 area. This pattern is a classic signal indicating a potential downward trend reversal. After the neckline of this pattern was broken, the price declined quite rapidly, providing strong technical confirmation from a price action perspective. The bearish momentum was further reinforced by the lack of significant buying activity as the price approached the Moving Average, meaning this line now acts as dynamic resistance, holding back any attempts to rise.

Today I attempted to buy USDX with a stop-loss order placed at 98.81 and a take-profit order at 99.23. On the M15 timeframe, the USDX price moved sideways around the moving average (MA) line before finally breaking upward. Upward momentum began to strengthen after the price managed to stay above the line, indicating that selling pressure had weakened and buying strength was solidifying. This pattern indicates a natural transition from the accumulation phase to the expansion phase, where buyers begin to take control and push the price to higher levels.

Today I attempted to sell EURUSD with a stop-loss order placed at 1.1616 and a take-profit order at 1.1581. The current EURUSD position on the M15 timeframe reflects a situation where buyers are losing confidence in maintaining their positions, while sellers are capitalizing on the momentum to increase pressure. When prices continue to decline with increasing volume, this is often a sign that the market is in an active distribution phase. New buyers who enter too quickly risk incurring floating losses, especially in the absence of clear reversal signals or confirmation from additional indicators such as the RSI or MACD.