The price perfectly fulfills my last idea and reached support level. The market has broken out and closed above the previous resistance zone at 1.91000, marking a significant milestone. Following this breakout, the price formed a range zone and subsequently broke through it, propelling the market upward. I believe that if the price pulls back to the support zone,...
The price has failed to sustain its rally above the previous week's highs, instead declining to lower leves. FX:USDCHF has pulled back to the resistance zone at 0.9000 which psychological level. On the 4H timeframe, the trend is slightly bearish, and I believe the price action suggests that the bulls lack strength to break above this resistance. The fake...
BINANCE:TRXUSDT is moving upward with confidence, consistently making new highs and closing above them. The price has recently broken out and closed above the previous high, and while it hasn't yet reached the upper border of the channel, its bullish momentum is expected to lead to further upside extension. In my view, the market is likely to experience a...
The price perfectly fulfilled my last idea. After breaking out and closing above the psychological level, OANDA:XAUUSD is now pulling back. The price has been making higher highs and higher lows, indicating an uptrend. As it approaches the key support level at 2400, which was previously broken with a large bullish candle, I'm looking for a reaction to this zone....
The price perfectly fulfilled my last idea. After breaking out of the downward channel, the market is now moving towards the next significant resistance zone. FX:EURUSD has closed above the crucial level of 1.08500 that was tested twice. Yesterday's response to the 1.0900 level was weak, indicating a lack of strong bearish momentum. With high-impact news on the...
BINANCE:AVAXUSDT experienced a sharp drop in response to Mt. Gox, but the market's reaction was swift and intense, with a brief impulse move below the previous low. The price then rapidly pulled back and formed a range zone, which I view as a bullish sign given the long-tailed bar formation on the daily timeframe. Furthermore, the price has created a double...
The price perfectly fulfilled my last idea. It hit the TP. XAUUSD is currently testing the previous resistant zone. The market has already broken out above the strong support level at 2370, indicating a possible retest of the next resistance. The price action suggests that market is anticipating the upcoming CPI release, which could potentially push the market...
The price perfectly fulfilled my previous idea. It hit the target level. FX:EURUSD has rebounded from its support level and is now heading towards the next resistance zone. Currently, the market is testing both the June open price and the previous week's highs. After such a move, it's common for the price to either consolidate or experience a correction. On the...
The price has bounced off the support level and broken out of the triangle formation, indicating a trend continuation. The market is now pulling back towards a support level. FX:AUDCHF has updated its highs and broken above a level that forms a swap zone. Following the breakout from the range zone, the price is retracing, presenting an opportunity to buy. I...
BINANCE:ADAUSDT has been experiencing a downtrend, with each subsequent low and close being lower than the previous one. The market has been pulling back towards the round number at 0.400, which could potentially act as a significant resistance level. If the market rejects this resistance and the channel, as well as the downward trendline, I believe it's likely...
The release of econimic data sparked OANDA:XAUUSD surge, breaking above the previous high and clearing the previous week's high, indicating a clear upward momentum. With the market reaching the key resistance zone at 2400, I believe it's prudent to wait for a pullback before anticipating the continuation of the bullish trend. I expect a correction towards the...
The price perfectly fulfills my last idea. The market is currently trading near the key resistance level of 1.7500. The price has made lower lows and lower closes, breaking through the previous higher low area. I believe the market will likely move sideways from here. Therefore, I'm looking for the price to test this zone and potentially fall from it if the market...
OKX:TONUSDT experienced a sharp decline, breaking through the consolidation zone and falling below the support level at 6.8. However, it managed to close above the psychologically important round number at 7.0, which may have triggered some buying interest. The price has now returned to the consolidation zone, creating a spike downwards on the daily timeframe. I...
The price perfectly fulfills my last idea. It fell from resistance zone and hit the target. FX:AUDCAD is updating its swing highs and higher lows, indicating a strong uptrend. The price broke and confirmed above the range, which formed a clear triangle pattern. Following the impulse move upwards, the price is now pulling back to retest the support level at...
The price perfectly fulfilled my last idea. The 1H chart is showing a strong uptrend, with the FX:EURNZD having recently broken and closed above the psychological level of 1.76000. The price action had previously formed a triangle pattern, which was ultimately broken through. I'm expecting a retest of the support level and the channel border. To confirm a buying...
BINANCE:BTCUSDT has dropped recently due to ongoing FUD, which is fueling further selling pressure on the price. However, upon zooming out to the daily timeframe, we can see that the price action is simply consolidating within a specific zone. On the monthly timeframe, it's clear that the price took out liquidity below the last two months' lows and bounced off...
BINANCE:SOLUSDT price has entered a consolidation phase after a significant bullish move, oscillating between 160.00 and 120.00. Given the classic trading strategy of buying at the bottom and selling at the top of the pattern, it's logical to anticipate a buy opportunity at the lower end of this range. Notably, the market has already reacted to the key support...
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