Lingrid | GOLD a Tedious SIDEWAYS trend CONTINUESOANDA:XAUUSD has pulled back, as I mentioned in my post yesterday. The price is currently trading within the range of the previous day. At this point, the market could move in either direction due to the high-impact news today. Overall, the price continues to bounce off the psychological level of 2500. I believe that if volatility increases, this level, combined with the lower boundary of the channel that acts as an upward trendline, would serve as a strong support area. My target is resistance zone around 2530
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Lingrid | GBPJPY short OPPORTUNITY at 187.000FX:GBPJPY has gained bearish momentum and has reached the support level, where it is likely to consolidate. On the 1H timeframe, we can clearly see the bearish trend characterized by lower lows and lower closes. Recently, the price bounced off this level and is currently moving towards the psychological level of 187.000. I anticipate that the market may experience a spike upward before making a sharp move down toward the recent support level. My goal is support level at 184.100
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Lingrid | AVAXUSDT divergence at RESISTANCE: Short TRADE AlertBINANCE:AVAXUSDT market is currently moving downward, making lower highs and approached a critical support level. Following a pullback towards the resistance zone, the market failed to gain further upward momentum. This price action formed a divergence, and the price has since fallen below the key 24.00 level. Moreover, the price has broken below the upward trendline after the formation of a long-tailed bar, indicating selling pressure. Since the recent bullish movement was against the prevailing major bearish trend, it seems likely that the market will continue falling towards the support level. Because the formation of a triangle pattern suggests a consolidation phase, which often precedes a continuation of the sideways trend. My target is support level around 22.60
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ETCUSDT SHORT CONDITIONAL ENTRYETCUSDT
SHORT
PLEASE DON’T BE GREEDY
ENTRY POINT : yellow point
TP : blue lines
SL :
below red line for LONG POSITION
above red Line for SHORT POSITION
INSTRUCTIONS:
FOR risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
like, boost, be followers
PLEASE DON’T BE GREEDY
Lingrid | GOLD ready to BREAK OUT of the CONSOLIDATION zone ?The price perfectly fulfilled my last idea. OANDA:XAUUSD is currently pushing upward and making higher highs, with the price reaching the top of the established range zone. This resistance zone is a key level to watch; a breakout above it could open the door for higher targets, potentially reaching 2550. With the CPI news set to be released today, there's a chance that the price may bounce off the top of the range and continue to move sideways in the short term. However, the price action at this level might also indicate preparation for an upside break, especially if positive news is announced. A breakout could signal a shift in bullish sentiment, while a rejection could reaffirm the range-bound continuation. My target is resistance at 2540
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Lingrid | GBPNZD double TOP the RESISTANCEFX:GBPNZD has fallen below the 2.1300 resistance zone. Observing the past few daily candles, we can see the formation of rejection bars with long wicks, indicating potential bearish pressure in the market. Recently, the market has also formed a double top pattern, suggesting that bullish attempts were rejected twice, reinforcing the selling sentiment. Given this price action, I expect the market to move lower, potentially breaking through the upward channel that has formed. This channel appears to be a pullback against the overall major bearish trend, and a successful break below it would likely signal further downside momentum. My target is the support level at 2.11800
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Lingrid | ADAUSDT short from the RESISTANCE zoneOverall, BINANCE:ADAUSDT appears bearish on the daily timeframe. However, it seems to be in a consolidation phase as the entire crypto market moves sideways. The price has established a range below the 0.35 resistance level, and I believe it may decline to retest the support areas. Additionally, the formation of a doji candle on the daily chart indicates a pause in the upward movement, despite the prevailing bearish trend. I expect the price to drop and enter a consolidation zone between 0.30 and 0.34, as the market seeks to find its footing. My target is support level at 0.3250
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Lingrid | GOLD in Consolidation. Weekly Price Action AnalysisOANDA:XAUUSD market remains overall bullish; however, recent price action indicates a consolidating trend. The weekly timeframe showed three consecutive three doji candles, highlighting indecision within the market. As a result, it seems logical to anticipate continued consolidation between the 2470 and 2525 levels. On Friday, the market experienced a sharp decline, closing below the psychological level of 2500. Notably, there appears to be accumulation occurring at this level, with the price oscillating back and forth. Looking ahead to next week, I expect the sideways movement to continue within this respected swap zone, especially given the limited economic data catalysts on the horizon.
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Lingrid | USDJPY pullback TRADING opportunityFX:USDJPY has tested the resistance zone at 140.000 multiple times, resulting in several bounces. After two attempts to break through this resistance, it formed a double top pattern, leading to a new extension low. Instead of updating its recent highs, the market made an impulsive move downward. On the weekly timeframe, an engulfing candle was formed, indicating a potential continuation in the market. Additionally, the price broke and closed below the key level of 144.000, which had been respected numerous times. I anticipate a retest of this level and the upward trendline before a subsequent decline. My goal is to support level at 140.800
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Lingrid | EURNZD bearish MOMENTUM on the DAILY. Short The price perfectly fulfilled my last idea. FX:EURNZD made a significant nosedive on the daily timeframe but has since pulled back after bouncing off a support level. This pullback resulted in a 50% retracement, with rejection candles appearing on the daily chart. Currently, the price is testing the psychological level of 1.8000, and it's evident that the market is moving sideways just below this level, indicating that bears are beginning to show downward pressure. Given this setup, I anticipate a potential fake breakout or a price squeeze at the resistance, which could then lead to a subsequent bearish move. My target is support level at 1.77800
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Lingrid | XRPUSDT Possible Opportunity to Short the MARKETBINANCE:XRPUSDT has been in a bearish trend for the past three weeks, creating by lower lows and lower closes. On the daily timeframe, the price action is in a significant consolidation zone between the 0.62 and 0.50 price levels. As the market continues to push down towards the bottom of this range, I believe there is a likelihood of a retest of the support area. If we examine the 0.550 zone closely, we can see that it has been respected multiple times in the past. If the market shows a rejection at this level, it could present a solid opportunity to short, anticipating a retest of the bottom of the consolidation range. My target is support zone around 0.50
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AudUsd- Bearish under 0.67Similar to other USD pairs, AUD/USD experienced a drop on Friday, breaking below a head and shoulders pattern. This breakdown signals a strong potential for further downside. As long as the 0.67 resistance level holds, my strategy is to sell into rallies.
The 0.6575 zone serves as a key target for bearish traders.
US500 LONGUS100
LONG
PLEASE DON’T BE GREEDY
ENTRY POINT : yellow point
TP : blue lines
SL :
below red line for LONG POSITION
above red Line for SHORT POSITION
INSTRUCTIONS:
FOR risk and money management:
5% of your wallet for LEV X ≤20
And
3% of your wallet for LEV X ≥ 20
US500
LONG
ENTRY 5443
TP 5478 5520 5560 5600
SL 5380
like, boost, be followers
PLEASE DON’T BE GREEDY
Lingrid | EURUSD experiences CORRECTION After hitting ResistanceThe price perfectly fulfilled my last idea. FX:EURUSD formed a tweezer candle pattern on the weekly timeframe, signaling a potential reversal. This pattern suggests that the recent price action may have been a false breakout of the 1.1200. Since June, we've experienced a significant bullish movement, and it appears that the time for a correction has arrived. I anticipate a complex pullback, likely in the form of an ABC move, especially since the price has broken and closed below the key upward trendline that it has respected for the past two months. I believe the market may test levels below the psychological level of 1.1000. My target is support level at 1.09800
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Lingrid | BITCOIN Faces Continued DECLINE amid BEAR PressuresThe price perfectly fulfills my previous idea. It hit target level. BINANCE:BTCUSDT in continues to trend downward, showing a lack of buying pressure since the last week of August. The price action has consistently produced lower lows and lower closes. Even on the daily timeframe, we’re seeing these lower lows, despite a recent false breakout below the July low, with the price hovering around that area once again. Historically, September has been a challenging month for Bitcoin, often showing negative performance. This suggests there is a likelihood of the price moving further down, possibly breaching the 50,000 level and targeting the support zone between 48,000 and 45,000. Should the price reach this area, we could potentially see a strong bounce and the beginning of a new bullish trend. My target is support level at 51220.00
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BTTCUSDT(BitTorrent) Updated till 08-09-24BTTCUSDT(BitTorrent) Daily timeframe range. PA is holding the current level for a while now. which is good compare to the market. its trying for 0.00000096 a little bit volume may help it there. closing above clean can push it further. local support at 0.00000072.
BNXUSDT(BinaryX) Updated till 07-09-24BNXUSDT(BinaryX) Daily timeframe range. even on red day when many alts going to its low or creating new low its holding like a beast. PA is outperforming many things at once. breaking 1.6644 clean will push to price discovery and new high. local support at 1.1891.
Lingrid | BITCOIN short OPPORTUNITY at 60K levelBINANCE:BTCUSDT is moving downward toward the bottom of the consolidation zone. For context, the market has been oscillating between the 52K and 72K levels since April. Currently, I believe the market may retest the bottom of this zone, especially after it broke and closed below the psychological level at 60K. On the weekly timeframe, we have also broken and closed below the previous week's low, forming a large bearish candle. As a result, I expect the continuation of this bearish momentum. My target is support level 54000.
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Lingrid | AUDCHF: Potential CHANNEL breakout FX:AUDCHF is currently consolidating after breaking and closing below the psychological level of 0.5700. The overall trend remains bearish, and the market has recently bounced off the resistance zone. Looking at the daily chart, we can observe a sell-off followed by a pullback to the 61.8% Fibonacci retracement level. The price has consolidated around this psychological level before moving lower, breaking through last week's lows. I believe the market is poised to break through the channel's border, which could indicate a continuation of bearish momentum. My goal is support level 0.56400
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Lingrid | EURUSD long from CONFLUENCE zoneFX:EURUSD closed bullish on the monthly timeframe, but it encountered resistance and bounced off that zone. Currently, the price has made a pullback and is heading toward the psychological level at 1.1000, which also serves as a key support zone. On the daily timeframe, the market remains bullish, suggesting that the recent pullback could be an opportunity for a rebound. I expect the market to bounce off the confluent zone formed by the lower border of the channel, a trendline, and the psychological level at 1.1000. This combination of support factors could provide a solid foundation for the market to resume its upward momentum. My target is resistance zone at 1.113500
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