Lingrid | GBPAUD SHIFT in the TRENDThe 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, it could be an opportunity to test the next resistance level. If that happens, I'll be looking for a pullback to the broken level, which would provide a potential long entry point. My goal is to resistance level at 1.92000
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Lingrid | USDCHF at strong RESISTANCE. ShortThe 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 breakout of the 0.9000 indicates that the market may not have the momentum to continue its upward trajectory. If the upcoming news doesn't alter the market's direction, I think we may see a downward move. My goal is to support levle at 0.89280
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MDXUSDT(Mdex) Daily tf Range Updated till 13-07-24MDXUSDT(Mdex) Daily timeframe range. a massive retrace from its new low. and its on monitoring state so the move was pretty expected. made a nice profit there. now local retrace point is at 0.06693. if it can defend it, it may try again at 0.07982.
Lingrid | TRXUSDT Bullish MOMENTUM. Long OPPORTUNITYBINANCE: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 correction against the trend soon, as it has reached the strong resistance at 0.13000. This correction will present an opportunity to go long. I expect the market to pull back following the level breakout and then continue trending upwards. My target is resistance zone at 0.13450
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Lingrid | GOLD potential BREAK and RETEST tradeThe 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. If the price rejects this support level, it could trigger a significant upward move. However, we have high-impact news on the horizon that could potentially push the price lower. Therefore, I'm advising caution. In the event of a pullback, I anticipate the market to retest the support level before resuming its upward trajectory. My goal is the resistance zone at 2426.
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Lingrid | EURUSD gained BULLISH momentum. Potential LONGThe 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 horizon, market volatility is likely to increase today. Given the current bullish trend, I expect to see a rejection of the support level followed by an upward move, potentially targeting the higher resistance zone. My goal is the resistance level at 1.09350
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Lingrid | AVAXUSDT long after FAKE BreakoutBINANCE: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 bottom with divergence, indicating a potential shift in momentum or pause. I expect the price to grab the resting liquidity below the range zone before making a bullish move towards the resistance zone. My target is resistance level at 28.90
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Lingrid | GOLD potential UPSIDE BREAKOUTThe 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 lower or higher. However, if the news comes out favorably for bulls, I believe the market could break through the previous resistance and psychological level above 2400. Overall I'm looking for the price to test the support level and bounce back, which gives us a buying opportunity. My target is the resistance zone around 2405
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Lingrid | EURUSD Long OPPORTUNITY from SWAP zoneThe 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 1H timeframe, we're seeing a divergence that suggests a potential pullback. However, given the magnitude of the recent bullish rally, it's likely to continue if it breaks and closes above the previous lower high. I'm expecting a pullback towards the swap zone, where the price has bounced off twice previously, before resuming its upward trajectory towards the next resistance level. My goal is the resistance at 1.08800
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Lingrid | AUDCHF trend CONTINUATION tradeThe 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 expect a bullish trend to resume from the support level, as the market remains in an overall uptrend. My goal is the resistance at 0.60900
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Lingrid | ADAUSDT complex PULLBACK. SHORTBINANCE: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 to continue moving down towards the support levels. However, when looking at the weekly timeframe, we see that the market has reached a demand zone and bounced off it. Therefore, I expect a only short-term retracement to occur. My target is a support level at 0.3690.
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Lingrid | GOLD Weekly Technical AnalysisThe 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 support area between 2363 and 2370, where we can look for a buying opportunity to confirm and aim to target the liquidity zone above 2400.
On the daily chart, we finally saw price action break and close above the triangle pattern. This breakout presents an opportunity to speculate on future price action. Notably, it could potentially push above the next support level at 2550. Overall I see short-term pullbacks as buying opportunities. If we break above 2450, I expect the target at 2500 and beyond. I think there is likelihood of break through level of 2400 and continue rallying significantly. I'm willing to buy gold on any initial pullback with strong bullish momentum.
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Alikze »» WLD | Continue the downward trend🔍 Technical analysis: Continue the downward trend
- The daily frame time is moving in a descending channel.
- Currently, in the PRZ area, which had a 100 -wave fiber in the previous fiber area.
- If this area is preserved, it can first grow up to the middle of the cannon and then to increase demand to the channel ceiling.
-If the area is exposed to sales pressure, it can extend the corrective structure to fibou 1.618 the previous wave.
💎 Alternative scenario: If it is able to break the line and consolidate it on top of it, the descending channel fails to continue its growth area.
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Lingrid | GBPCAD opportunity to SHORT the MARKETThe 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 makes a fake breakout or a double top with divergence. On the 4H timeframe, the market has formed a couple of long-tailed bars, indicating selling pressure. My target is to support at 1.73675
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Lingrid | TONUSDT in the CONSOLIDATION zoneOKX: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 expect the market to trade sideways between the 7.0 support level and the 7.7 resistance level. It's likely that the price will consolidate below the double top formation to formed triangle pattern that will show price squeeze before its expansion. My goal is the resistance zone around 7.730
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Lingrid | AUDCAD long from the SUPPORT levelThe 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 0.91600, which has proven significant multiple times in the past. Given this bounce-off support, it's likely that the market will continue moving upwards towards the next resistance level. Therefore, I expect a breakout and retest scenario to unfold. My target is the resistance at 0.92300
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Lingrid | EURNZD potential PULLBACK tradeThe 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 signal, I'm looking for a fake breakout of this level. My target is resistance zone at 1.76900
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Lingrid | BTCUSDT when in Doubt, ZOOM Out. Potential LONGBINANCE: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 the lower channel border twice. I believe the price may continue to trade sideways before dropping again towards the support zone around 52,000-53,000. The current price action looks promising, as it's duplicating the pattern from May 1, where we saw two spikes down followed by a bullish reversal, which we're seeing now. I expect the market to retest the channel border and possibly experience another move down before ultimately moving upwards. My mid-term goal is a resistance zone at 61400.00
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