Lingrid

Lingrid

FX:GBPUSD has broken out of the upward channel and may pull back to retest both the channel and the resistance zone at 1.26500. The market was previously in a range before breaking through a support level, which led to a strong bearish impulse leg. The price has respected this level by rebounding, resulting in several fakeouts and long-tailed bars. And recently...

Lingrid

OKX:TONUSDT market experienced a flash crash, resulting in a sharp spike downward. It took liquidity below the psychological level of 5.00 but closed above 6.00. Currently, the price is trading near the zone where the flash crash occurred, indicating that it has recovered nearly all of its losses. Following such volatile movements, markets typically move sideways...

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OANDA:XAUUSD has moved higher, breaking through the prolonged consolidation zone. The price has reached the key resistance zone ahead of the Core CPI release, testing the psychological level at 2700 and weekly high level. This level has previously acted as resistance, and I think that the market may drop from this level, forming a short-term pullback. Therefore I...

Lingrid Updated 

The price perfectly fulfills my last idea. It reached target. FX:AUDUSD is currently showing a bearish trend by a series of lower lows and lower closes. After pulling back from its support level, the market retested the resistance zone, only to fall back down. I expect the downtrend to continue, with the price likely to move further downwards. Notably, a...

Lingrid

BINANCE:SOLUSDT has been in a downward channel, which is a pullback against the major bullish trend. The price has bounced off the 200 psychological level, gaining bullish momentum. Currently, the market is testing the middle of the range zone, which may lead to some pullback. I think the price move move sideways below the channel border before potentially...

Lingrid Updated 

The price perfectly fulfilled my last idea. It hit the target. The entire cryptocurrency market made a significant flash move donw, leading to substantial sell-offs and liquidations. However, this presents an opportunity to buy into the market at a discount, especially in a bullish context. BINANCE:ETHUSDT pulled back from the strong 4,000 level and successfully...

Lingrid

The price perfectly fulfilled my previous idea. It hit the TP level. FX:USDJPY is currently pulling toward the resistance zone and appears to be forming an ABC pattern upward, indicating a complex pullback. Given that the overall trend is still bearish, I anticipate that the market may move down to retest the support level. The price previously consolidated...

Lingrid

The price perfectly fulfilled my last idea. It reached the target zone. BINANCE:SHIBUSDT has bounced off the channel border and is currently attempting to find support. Overall, the market is in a bullish trend, forming higher highs and higher lows. While it hasn't reached the higher resistance level established in the spring of this year, I believe the market...

Lingrid

OANDA:XAUUSD has bounced perfectly off the resistance zone that I highlighted yesterday. The market formed a pinbar pattern on the 4H timeframe, indicating rejection at this level. Additionally, there was a false breakout of the previous resistance zone at 2666.350. On the 1H timeframe, we can see a double top pattern, which further signals a potential reversal....

Lingrid

The price perfectly fulfilled my last idea. It hit the target level. FX:EURNZD experienced a sharp decline from the resistance zone at 1.81500 and subsequently pulled back to retest this level. The price made a significant move from this area, and I believe it may decline again, as it is currently testing last week's high. I expect the market could form a false...

Lingrid Updated 

OANDA:XAUUSD market continues to consolidate within the range established last week. Despite the release of high-impact news, the market reacted poorly. The current price action indicates a market structure shows lower lows and lower highs giving a slightly bearish sentiment. Even though on the daily timeframe, it seems the market is forming a triangle pattern...

Lingrid

The price perfectly fulfilled my last idea. It hit the target. FX:EURUSD is currently moving sideways following a significant bearish downturn in autumn. I believe the market will remain in this consolidation zone for a while, as it typically consolidates after such substantial movements. However, if the price retests the channel boundary and rebounds from it,...

Lingrid

Most newbie traders tend to focus on the entry point of a trade, believing that as long as they initiate a position correctly, they can manage their way to a profit later. They often think, “It’s okay if I earn a little; I can always close the trade once the price moves in my favor.” Unfortunately, this mindset often leads to disappointing outcomes. Traders may...

Lingrid Updated 

The price perfectly fulfilled my previous idea. It hit the target level. BINANCE:ETHUSDT is currently consolidating above the psychological level at 3500, having bounced off that level after taking liquidity below it. The price is also trading above a trendline that has been respected multiple times, indicating ongoing bullish sentiment. On the weekly timeframe,...

Lingrid

BINANCE:NOTUSDT successfully broke through the resistance level at 0.0100 after spending several weeks in a consolidation phase. This breakout, combined with a move above a trendline, is a bullish signal that could lead to further upward extension. If the market continues to gain momentum, an additional breakout above the previous month's high could indicate...

Lingrid Updated 

The price perfectly fulfilled my last idea. It hit the target level. OANDA:XAUUSD is currently squeezed and moving sideways, generating liquidity both above and below. On the 1H timeframe, the market has formed an ascending triangle pattern, which typically breaks to the upside. However, there is a channel border above that acts as dynamic resistance. Therefore,...

Lingrid Updated 

FX:EURUSD reached a resistance zone and is struggling to extend downward, showing signs of a potential reversal. An inverse head and shoulders pattern indicates that bears may not be ready to push the market lower at this time, signaling potential strength among buyers. On the daily timeframe, the recent price action shows a fake breakout of the previous demand...

Lingrid

FX:EURAUD is currently testing a key resistance zone at 1.65000, which coincides with an upward trendline and the border of a downward channel, creating a confluence zone. Following an impulsive bearish move from this zone previously, the price has retraced back to this resistance area. Given that this level acts as a round number and aligns with the upward...