The price perfectly fulfilled my last idea. It reached the target zone. FX:AUDJPY has broken and closed above the channel, but the overall market trend remains sideways. The price is approaching a level where it tanked from this resistance, indicating that bears may be active in this zone. If the price rejects the resistance and upward trendline, we can expect...
The price perfectly fulfilled my last idea. It hit TP level. OANDA:XAUUSD is currently pulling back to the resistance zone at 2650 and the downward trendline. The price broke and closed above the 2600 level, suggesting that bears may not be interested in shorting at these levels. There is a possibility that the market could rally above to retest the previous...
The price perfectly fulfilled my last idea. It reached the target zone. BINANCE:SHIBUSDT made a surge following the breakout from the consolidation zone, reaching the resistance area at 0.00003 before pulling back. The price is currently moving sideways, forming a range as it approaches the upward trendline. This narrowing price action may lead to a breakout and...
The price perfectly fulfilled my last idea. It hit the target level. FX:AUDCAD is gradually pulling back toward the resistance zone and the upward trendline area. Overall, the market is making lower lows and lower closes on the 4H timeframe. After a significant bearish move, the price is currently positioned to retest the 50% retracement level of that decline. I...
BINANCE:WIFUSDT has broken and closed above the extended consolidation zone, indicating a strong market movement. Following this impulse, the price made a pullback. I anticipate that the market may retest the support level at 3.00, which also represents a psychological level and the upper boundary of the consolidation zone. In the long term, I expect the price to...
OANDA:XAUUSD market has been in the bearish trend since the completion of the election. On the daily time frame, we have seen a clear break and a close below the previous support level at 2603, indicating a potential shift in market. However, I anticipate that the market will move sideways for the time being, unless it breaks through the 2470 support area. On...
Every trader, regardless of their level of expertise, eventually faces the reality of losing trades. For newcomers entering the trading arena, the concept of losses can seem manageable — a distant challenge that often feels theoretical until they actually experience it. However, when faced with the stark reality of dwindling deposits and increasing negative...
FX:EURUSD has reached the psychological level of 1.0500. On the 1H timeframe, the market has formed a double bottom pattern. Currently, the price is moving sideways above this psychological level, which may indicate a slow down in selling pressure. It's worth noting that the price surged from the support zone about a year ago, which we can refer to as a demand...
The price perfectly fulfilled my last idea. It hit the target level. BINANCE:BTCUSDT market has formed a triangle pattern, which is a trend continuation formation. The price is making higher lows, indicating strong buying pressure. Previously, it reached an all-time high (ATH) of around 93,000 then rebounded from it. If you notice, the price has consistently...
The market for FX:EURAUD has broken and closed below the upward trendline, suggesting a shift in momentum. The rejection of the resistance zone and the break below the 1.63000 level adds further confirmation of bearish sentiment. It appears that the market may form a small pullback before continuing its downward movement. The long-tailed bar observed on the...
The price perfectly fulfilled my last idea. It hit the target level. OANDA:XAUUSD is currently showing signs of slowing down after breaking and closing below the strong support level of 2600. This suggests that a pullback may occur following the breakout. The price is clearly respecting the downward trendline, further affirming the bearish momentum....
FX:GBPNZD is currently ranging after a downward move, establishing a zone with defined resistance and support levels. The market is creating higher lows and lower highs, indicating it is moving sideways. Currently, the price is trending upward toward the channel following a false breakout of the support level. I anticipate a potential fake breakout of the...
The price perfectly fulfilled my last idea. It hit the tapped the target zone. OKX:TONUSDT is currently moving sideways after breaking through the downward trendline. The price is fluctuating back and forth, indicating choppiness in the market. Additionally, the price action suggests that the price is being squeezed, which will likely lead to a breakout. Unlike...
The price perfectly fulfilled my last idea. It hit the target. FX:EURUSD is currently making lower lows, indicating a persistent bearish momentum as it approaches the support level at 1.0500. Notably, the price is decelerating, forming small candles, which suggests a potential pullback towards the resistance zone. On the daily timeframe, the price action is...
BINANCE:ETHUSDT recently surged past the consolidation zone, signaling a decisive shift in market dynamics as it moves out of the accumulation phase. The price has not only broken above but also closed above the significant psychological level of 3000. Furthermore, it has moved above the downward trendline that has constrained the price throughout the summer....
The price perfectly fulfilled my last idea. It hit the target zone. OANDA:XAUUSD broke and closed below the previous support level, which has now turned into a resistance zone. Currently, the market is testing the psychological level at 2600. The ongoing bearish momentum is evident as the market continues to form bearish impulse legs and lower lows. If the price...
The price perfectly fulfilled my last idea. It hit the TP. FX:EURUSD is currently making lower lows, indicating persistent bearish pressure. Early this morning, the market opened with a gap down and is now testing last week's low, with the potential to break and close below that level. Overall, the market is approaching the previous year’s low area, which lies...
The price perfectly fulfilled my last idea. FX:GBPCHF has recently showed a shift in market dynamics by breaking and closing below the upward trendline, which previously indicated bullish momentum. Additionally, the double top at the resistance zone signals a potential reversal and weakens the bullish outlook. After consolidating around the psychological level...