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A-flat

EURUSD → Consolidation for continued growth. What's the target?FX:EURUSD is forging consolidation within the ascending channel after the breakout of the local trend. This setup may be aimed at further growth towards range resistance. On D1 we see consolidation forming above the key support at 1.07958. A rather strange paranormal volume was drawn on Thursday, which is difficult to interpret in the current environment. The dollar index also stands still and continues to shrink to the support. A local channel is forming on H1, another retest of 1.07958 or trend support is possible, after which the currency pair may head towards the targets indicated on the chart. There is no news today, so the trading session on Monday may be calm. Support levels: 1.07958 Resistance levels: 1.08975, 1.1000 I expect the growth to continue within the emerging setup. A change in the local trend is forming within the global flat. Consolidation may form the potential for the continuation of the formation of a bullish impulse. Regards R. Linda!
Long
by RLinda
5
GOLD → Can the market maker end the bull run?FX:XAUUSD continues to test the highs. Price is trading above ATH 2023y. Bull Run may not be permanent, market maker may form a false resistance breakout amid distribution exhaustion. The exhaustion of the strong rally can be seen on this chart. Price is at its highs after a strong rally. It is not profitable for the market maker to let everyone make money :). At the moment the probability is quite high to see a false breakdown of 2148-2150 followed by a fall. It's not about trend change, but about correction. The global trend is bullish. But, there is strong news today. Initial Jobless Claims, Fed Chair Powell Testifies. And all this before tomorrow's NonFarm Payrolls. Worth paying attention to these things. Resistance levels: 2148, 2150 Support levels: 2144, 2125, 2110, 2100 There is a possibility that the market maker is waiting for volume to form on long positions above 2145-2150 to turn price around. The correction after the bull run has a very high percentage of probability at the moment TVC:DXY TVC:GOLD COMEX:GC1! COMEX_MINI:MGC1! Regards R. Linda!
FX:XAUUSDShort
by RLinda
11
GOLD - Price after rise movement, can fall to support levelHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some days ago price entered to flat, where it firstly little declined, but soon turned around and rose to $2055 level. Then price fell to $2005 level, which coincided with bottom part of flat with support area and at once bounced up. After this, Gold reached $2055 level again and then in a short time declined lower than $2005 level, breaking it and exiting from flat. Next, price started to move up in rising channel, where soon broke $2005 level and later reached $2055 level. Also, price broke $2055 level and bounced up to $2090 points, but then turned around and started to fall. In my mind, Gold can continue to move down to $2055 support level, which coincides with support area. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDShort
by WalterMoon
GOLD → Retest of 2050. Can the price go even higher?FX:XAUUSD is breaking through strong resistance and testing the 2050 area, favorably influenced by the fundamental background from Thursday. The market is trying to move into a bullish phase, but globally the price is held back by a huge sideways flat. Idea from 29.02: GOLD → Consolidation is narrowing. The calm before the storm On H4 we see the price trying to form a consolidation above the previously broken trend lines of resistance. Support at 2041 is now playing an important role. Since the opening of the session on Friday, gold tested this area with a false breakdown, after which a bullish impulse was formed and XAU is already testing the resistance 2048. Img: Current situation: resistance breakout on H4 A break of this area will confirm the price going beyond the correction, which may help the upside to 2057-2060. But, a correction from 2048 is possible before a further rise to the above targets, and we should also pay attention to today's news. It is necessary to watch the price reaction to this zone. Resistance Levels: 2047.8 - 2049, 2057 Support levels: 2044, 2041 I expect the growth to continue, because both technically and fundamentally, the market is pointing to it now. But, there may be a fall in the price if the structure of 2044-2041 is broken. In this case, the price may head towards the channel support TVC:DXY TVC:GOLD COMEX:GC1! COMEX_MINI:MGC1! Regards R. Linda!
FX:XAUUSDLong
by RLinda
20
GOLD → Consolidation is narrowing. The calm before the storm FX:XAUUSD is holding strong, yesterday's economic news also supported the price. The price of metal forms numerous retests of resistance, as well as forms a pre-breakdown consolidation. The complexity of the situation is that we have a very narrow range and within this range the market maker will gain liquidity by any means, but sometimes there are prerequisites that do not guarantee, but hint at a possible movement in one direction or another. Numerous retests of resistance and absence of fall after false breakdown of resistance with the subsequent return to the test and formation of pre-breakdown consolidation tell us that the market is ready for growth. But! Today is the news! Be careful! A break of resistance and the level of 2037.1 will form a phase of realization, in this case the price can realize the impulse to 2044-2048. But, if the price falls and breaks 2031, the overall structure will be broken. Resistance levels: 2037.1, trend resistance Support levels: 2034, 2031 Strong consolidation is forming on H4. Breakout of one of the boundaries will form a strong impulse. Now there are prerequisites for the breakout of resistance, it will happen only if there is a signal for the breakout and further confirmation. We continue to wait TVC:DXY TVC:GOLD COMEX:GC1! COMEX_MINI:MGC1! Regards R. Linda!
FX:XAUUSDLong
by RLinda
25
GOLD → The price is coming down again. New targets?FOREXCOM:XAUUSD does not reach the resistance zone. Another strong seller appears on the market. The market pressure is formed and the price of XAU forms a set-up that predicts further decline to the range support. Today at 13:30 the US GDP will be published. Analysts expect GDP to decrease by 1.6%. But based on the general data there is a possibility that the data may be slightly higher than expected, if this happens, it is a positive scenario for the dollar, which will negatively affect the price of gold. Technically, on H1 there is a strong density of resistance and the price breaks the support of the local ascending channel, which plunges the market into a negative phase. Before the news a correction to resistance may follow before further decline. At the moment the target may be the area of 2015 - 2008. Resistance levels: 2031, 2034 Support levels: 2025.8, 2015, 2008 Gold is trading inside the range, the liquidity area on the resistance side has been tested, but the sellers are very aggressive on the background of the growing dollar. The gold price is heading towards the support and there is a high enough chance to see a retest of the lower levels. CAPITALCOM:DXY TVC:GOLD COMEX:GC1! COMEX_MINI:MGC1! Regards R. Linda!
FOREXCOM:XAUUSDShort
by RLinda
11
BITCOIN → Consolidation after rally characterizes the uptrend ↑BINANCE:BTCUSD updates the high to 53K and goes into consolidation. A flat 52500 - 50500 is formed after a strong rally, which is a strong enough signal of a confident market. Interest in the asset continues to grow and on the back of distribution, the price updates the December 2021 high after exiting the consolidation in early February. Both technically and fundamentally, the BTC is doing quite confidently. The next milestone, which is very important for the market, is the halving, which is expected in early April. There is a high probability that the price may test strong support zones before the halving, but there are no clear technical signals for this yet. At the moment the price is in consolidation between 52525 and 50649. Another support retest in the form of a false breakout is formed and the price is consolidating again. There are still no clear reasons for a support breakout. It is necessary to continue watching the price on H1. Regarding the current situation, I would single out two possible scenarios for buying. Scenario 1. High chance of realization. A pullback from the support is formed. Now it is important to wait for resistance retest. Slow price approach to the level and formation of compression or pre-breakout consolidation relative to 52545 will be a strong signal for the breakout. Scenario 2. As consolidation is forming, the market maker may extend the range from the current range to the support: 48435. The price should not go below 48K as this level is a strong support area. A breakout of 50649 and 50333 could fororimize an impulse (liquidation) to the lower level, which could be a range support. But a retest or false breakout will form an increase in liquidity, which will give the opportunity to form an impulse with the aim of breaking through the resistance 52545 and realize further growth. Resistance levels: 52545 Support levels: 50649 & 50333 While the consolidation stage is forming, the market maker can use any opportunities to accumulate liquidity. It can be a false breakout, shakeouts or liquidation in order to reach deeper levels. The important thing is to wait for the right reaction, which will be a prerequisite for a breakout or false breakdown that will give the opportunity to open a trade at the best price. INDEX:BTCUSD CME:BTC1! CRYPTOCAP:TOTAL Regards R. Linda!
BITSTAMP:BTCUSDLong
by RLinda
46
🇪🇺 EURCAD 🇨🇦 - Retest of resistance before further declineThe currency is purposefully moving towards the resistance at 1.4728, which plays the role of the upper boundary of the flat. Accordingly, the global trend is downward and the resistance area in this context plays a key role before further decline. Reasons for further decline: 1) Counter-trend correction 2) Liquidity and resistance areas at 1.4728 are strong enough for a breakout 3) Flat from the upper boundary of 1.47200 may push the price downwards 4) There are no fundamental reasons for the euro to rise
Short
by Gold-Tech
1
HelenP. I Bitcoin can reach $60000 points and then start fallHi folks today I'm prepared for you Bitcoin analytics. If we look at the chart we can see how the price some time ago started to trades in consolidation, where firstly it declined to support 2, which coincided with the bottom part of the flat and support zone. After this, the price turned around and in a short time rose to the top part of the consolidation, after which it rebounded and made a strong impulse down to the trend line, which is located lower support zone. But soon, BTC entered back to consolidation, making a fake breakout of support 2, and continued to grow near the trend line to the top part of the range. Later, after the price reached the top part, it exited from consolidation and continued to move up to support 1, which coincided with one more support zone. But when BTC reached this level, it rebounded and some time traded near, after which it declined to the trend line and then made strong impulse up to 59000 points, thereby breaking support 1. So, at the moment, I expect that Bitcoin will reach the 60000 level, after which it turn around and make a correction movement. For my mind, BTC can decline to 56000 points. If you like my analytics you may support me with your like/comment ❤️
Short
by FirstNameHelen
2
GOLD → Retest of liquidity area before further decline FOREXCOM:XAUUSD is forging a local trend after a small correction on Monday. At the moment, as the prices are trading inside the flat, the target is the area of 2044-2048, from which a decline may follow. On D1 we see two key figures, which play an important role at the moment - resistance 2048 and the descending price channel, which characterizes the whole market at the moment. The price has been heading towards the target 2044-2048 since the opening of the session on Tuesday and with a high probability, within the descending price channel, a retest of the resistance may follow and a false breakout may be formed. Against the background of this movement we have no clear preconditions for resistance breakout, therefore, against the background of flat and descending channel I am waiting for the realization of the scenario "false breakout of resistance with the subsequent price decline to support" Resistance levels: 2044, 2048 Support levels: channel support, 2025 The global role is played by the flat. Within the flat a bearish channel is formed on D1. That is, based on this set-up we can assume that we have a neutral-negative mood. Consequently, after retesting the liquidity area, the price may form a correction to the support TVC:GOLD COMEX:GC1! COMEX_MINI:MGC1! TVC:DXY Regards R. Linda!
FOREXCOM:XAUUSDShort
by RLinda
19
GBPUSD → What can pre-breakdown consolidation lead to?FX:GBPUSD on the background of the bullish trend is forming a correction, which is within the descending channel. We have prerequisites that indicate the soon end of the set-up and the continuation of growth. Last week the price tested the resistance of the channel with a false breakdown, but it did not happen what everyone was waiting for. There is no fall and the price continues to consolidate and approach the resistance, which only increases the chances for the end of the correction and the exit of the price from the consolidation with the subsequent continuation of growth to 1.2827 or even to 1.30. The pound, on the background of the polytka, is holding strong enough, consolidation in the near future can move into the realization phase and show us the distribution. Resistance levels: 1.26836 Support levels: 1.2506, 1.26124 Waiting for the next resistance retest, which may give us an opportunity to work out the strategy "resistance breakout", with the subsequent renewal of highs and price growth. Regards R. Linda!
Long
by RLinda
3
GOLD → Resistance Retest. What are the chances of a FB?FOREXCOM:XAUUSD is forming a correction and testing strong downward resistance formed from 2150. The chances of a breakout are a little less than a false breakout, which, at this point in time, we are betting on. On the senior timeframe we can clearly see that the price is testing a strong resistance area. There is no clear trend, something similar to a descending triangle is forming with the boundaries: descending resistance and support area 1980-2000. Technically, even the imposed sanctions on Friday did not show a proper market reaction. On the background of high rates and tight Fed policy, the gold market is still under the pressure of sellers. It is still worth emphasizing 2038.15 and the downside resistance. False breakout and price consolidation below these lines, followed by a downward breakout at 2031.16 may form a price decline to the support of the 2021-2015 range. Resistance levels: red line, 2038, 2042 Support levels: 2031, 2021, 2015 At the moment we are betting on the formation of a false breakdown, as there are more preconditions for this than for the price to break this area. The market is still in a global flat TVC:DXY CAPITALCOM:GOLD COMEX:GC1! COMEX_MINI:MGC1! Regards R. Linda!
FOREXCOM:XAUUSDShort
by RLinda
14
The Bullish Case for GTAI ! A Comprehensive Analysis!!!Hi. KUCOIN:GTAIUSDT ✅Today, I want to analyze GTAI for you in a 9H time frame so that we can have a Short-term view of GTAI regarding the technical analysis. (Please ✌️ respectfully ✌️share if you have a different opinion from me or other analysts). CHART IS SPEAKING IT SELF Currently, there are two scenarios, one is that the price is in an ascending triangle, and if it succeeds in breaking it, the price will grow well. Second, if the price fails to break the triangle, considering that the price is at the top of the channel, the price can fall to the bottom of the channel. ✅ Due to the Ascending structure of the chart... - High potential areas are clear in the chart. - Ascending Triangle - AB=CD Stay awesome my friends. _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ _ ✅Thank you, and for more ideas, hit ❤️Like❤️ and 🌟Follow🌟! ⚠️Things can change... The markets are always changing and even with all these signals, the market changes tend to be strong and fast!!
by CobraVanguard
1
GOLD - Price can make correction movement and then continue riseHi guys, this is my overview for XAUUSD, feel free to check it and write your feedback in comments👊 Some time ago price started to trades in flat, where it soon declined to support level, which coincided with support area. Then Gold made upward impulse to resistance zone, which coincided with $2055 level, but at once turned around and fell. Price some time traded near $2015 level and soon broke it, thereby exiting from flat and felling $1985 points. Gold started to grow in rising channel, where it rose until to resisance line, breaking $2015 level again. After this, price made correction from resistance line to support line, but recently it continued to rise in channel. Now, I think that Gold can make correction movement, after which it will continue to grow to $2055 level. If this post is useful to you, you can support me with like/boost and advice in comments❤️
OANDA:XAUUSDLong
by WalterMoon
1
HelenP. I Bitcoin will rebound from trend line and continue growHi folks today I'm prepared for you Bitcoin analytics. Some days ago price rebounded from the trend line and rose to the support zone, which coincided with the 50650 support level, but at once BTC rebounded and made little correction. After correction, the price rose back to the support zone, and in a short time, BTC broke the 50650 support level and rose until to the resistance level, which coincided with the resistance zone, and also price started to trades inside consolidation. In consolidation, the price rebounded from the resistance level and declined to the support level, but soon it bounced and rose back to the 52800 level. After this movement, BTC turned around and started to decline to the support level, which coincided with the trend line, where recently it rebounded and started to grow. At the moment price continues to rise near this level in consolidation, so I expect that Bitcoin will correct to the trend line, after which it will rebound and continue to move up in consolidation. That's why I set my target at 52300 points. If you like my analytics you may support me with your like/comment ❤️
Long
by FirstNameHelen
2
GOLD → Negative fundamental background and support retest FOREXCOM:XAUUSD , as we expected, is declining. False breakdown of 2031, retest of global resistance and negative fundamental background leads to the price losing 0.9% from the local high. There is little news today, the fundamental backdrop for gold persists, as does the outflow of GOLD-ETFs from the market, which is a generally negative scenario. The dollar continues to strengthen, as well as forming a candlestick pattern that confirms the general policy. Technically, gold is testing 2015 and may form a rebound to 2020-2025, after which the market may wait for a retest of 2015-2016 with the aim of breaking the support and further decline to the mentioned targets. Both technically and fundamentally, the overall picture suggests further price decline. Resistance levels: 2021.5, 2027 Support levels: 2015, 2010, 2000, 1995 The situation is generally bearish. The fundamental background and TA determine for us the medium-term potential, which is directed towards the realization of the movement to 2000-1990 TVC:DXY TVC:GOLD COMEX:GC1! COMEX_MINI:MGC1! Regards R. Linda!
FOREXCOM:XAUUSDShort
by RLinda
19
EURUSD → Favorable background for the currency pair decline FX:EURUSD confirms the boundaries of the range 1.0887 - 1.0724 and is inside the flat. Touching resistance and the news on Thursday define medium-term targets for the currency pair. Yesterday the market received a portion of positive fundamental data for $, based on which the regulators continue to support the dollar index, which forms a candlestick pattern that portends further growth, which may negatively affect the euro. The price forms touching 1.0887 and subsequent decline to 1.0830. At the moment consolidation is forming below this level, which can accumulate the potential for further decline to the area of 1.0724. Resistance levels: 1.0830, 1.0887 Support levels: 1.0780, 1.0724 I expect a fall on the basis of TA and FA. Consolidation below 1.0830 forms the potential for further decline to 1.0780 and even to 1.0724. Regards R. Linda!
Short
by RLinda
6
BITCOIN → Is a correction before growth possible? New targets?BINANCE:BTCUSD is in a strong growth phase, updating the highs of December 2021. The price does not reach the 53K level and may forge a correction to support before further growth. Pic: Three key scenarios against the backdrop of a possible correction Why we should wait for a correction: Market potential (technical component) may get temporarily depleted and price may forage a correction to support to capture liquidity before rising further. On the 1-hour chart, the market is forming a consolidation in the range of 51k - 53,500. But at the same time the price bumps into the resistance and starts to feel some pressure from the sellers. There is nothing terrible in it, there is a chance for a technical pullback. It is worth paying attention to three possible scenarios regarding the correction to the support, indicated on the chart. In our case, the first liquidity area is the zone: 51256. The breakout and consolidation below the level will form a small liquidation and will be able to reduce the price to 0.236 fibo or to 48435. And the breakthrough of 48435 may provoke rather strong sell-offs. But against the general background it is unlikely. False breakout of one of the mentioned levels followed by consolidation above the level is the main pattern that will resume further growth. Pic: Bullish trend and key levels and zones There is an obvious strong bullish trend in the market. The price is overcoming the trend resistance, which technically can accelerate the strengthening phase of the price. But, before further growth, from a technical point of view, the flagman may test the support area (previously broken resistance), and in addition, the counter-trend correction is also a kind of liquidity consolidation. It would be good for the market to form another liquidity pool and local bottom before further growth to 53K, 58K and towards ATH. Pic: Strong support and resistance levels on high timeframe Both technically and fundamentally BTC is quite positive. Globally - the price is leaving the 51K - 42K range and thus makes us realize the situation that further promising targets are still ahead. Fundamental: - outflows from GBTC have significantly decreased - total open interest in BTC on major exchanges increased to the highest since April 2022 - net inflows into spot BTC-ETFs have been sustained for 15 consecutive days - BTC was included in the investor education program - BTC remains the most discussed token among the crowd Support levels: 51256, 50986, 0.236 fibo, 48435 Resistance levels: 52884, 53524 CME:BTC1! CRYPTOCAP:BTC CRYPTOCAP:TOTAL Regards R. Linda!
BITSTAMP:BTCUSDLong
by RLinda
34
EURUSD → Pre-break consolidation. What could happen?FX:EURUSD may try to break resistance and there are several prerequisites for this from a technical analysis point of view. The dollar index is trading quietly today as the US celebrates the President's Day. Volatility may be low, but there are preconditions on the chart that prepare the index to decline and the euro to rise. Index: price continues to tighten to support after a shakeout (long candle shadow) was formed. EURUSD relative to the channel resistance on H1 and 1.0785 level is forming a pre-breakdown consolidation after a pullback from the range support. The currency pair is testing a resistance breakout attempt and price consolidation above 1.07850 will form the potential for bullish distribution. Resistance levels: 1.0830, MA-200, 1.0887 Support levels: 1.0785, MA-50 I expect to see an attempt to break the trend resistance, with a high probability it can be successful, but this chance is not 100% percent. Consolidation above the above mentioned area may give us a chance Regards R. Linda!
Long
by RLinda
4
GOLD - Price tests resistance ahead of FOMC meetingOANDA:XAUUSD is testing 2030 and forming a false breakdown. Today the market is waiting for news from the FOMC , where they are likely to discuss inflation, interest rate and may make some statements. At this time the metal price is forming the range of 2030 - 2016 Globally, gold is flat as investors are confused by the US market regulators. But, interest in the metal is still high from the Central Bank, at the same time the GOLD-ETF is caught up in a wave of sell-offs due to the Fed's sharp statement last week about a possible interest rate cut in summer instead of spring. Technically, gold may head towards 2020, 2016 support from resistance. But, at the time of news, the price may test 2029 and 2037 before further correction to these targets. Resistance levels: 2029, 2037 Support levels: 2020, 2016, 2004 The market is neutral and the price is moving between strong levels. Most likely, on the background of the FOMC speech, the price may again form a bearish correction after the resistance retest. TVC:DXY TVC:GOLD COMEX:GC1! COMEX_MINI:MGC1! Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
7
BITCOIN - Price can bounce up from support area to $52800 levelHi guys, this is my overview for BTCUSDT, feel free to check it and write your feedback in comments👊 A not long time ago price entered to rising channel, where it soon rose to support level, which is located in support area. Soon, BTC broke this level and continued moving up in channel to $51250 level, which a few moments later price broke. Then price rose to resistance line and then made correction back, after which it exited from channel and entered to flat. In flat, Bitcoin rose to top part from support area, but recently price bounced and declined back to this area, breaking $51250 level. Now, BTC continues to trades in this area and I think Bitcoin can decline a little more, after which bounce up to $52800 If this post is useful to you, you can support me with like/boost and advice in comments❤️
Long
by WalterMoon
3
GOLD → Retest of downtrend resistance. Low volatility on Monday FOREXCOM:XAUUSD is redeeming part of the fall that occurred on Tuesday. The price is testing trend resistance amid the correction, but the negative fundamental background is still in place. There is no news today, as the USA is celebrating the President's Day. Technically, buying back positions is not an uncommon maneuver from a market maker who has the task to get back some liquidity from speculators who had time to open trades in the right direction. Also, the area of 2029 is an attractive zone and we have a high enough chance to retest this resistance. But, after breaking through the channel resistance, there is no upward impulse, which would indicate a change of trend. XAU is currently in a narrow consolidation and may soon test the 2016 support and the previously broken channel boundary. If a false break of trend resistance is formed, a sell-off phase towards 2000-1998 will begin. Resistance levels: 2020.9, 2023, 2029.4 Support levels: 2016, 2015, 2011 The price is in the 2020.9 - 2016 consolidation. A break of one of the boundaries will give temporary potential. If resistance is overcome, price will head towards 2029.4 before falling further. But, a breakout of 2016-2015 will form a phase of decline to the mentioned targets on the chart TVC:DXY COMEX:GC1! COMEX_MINI:MGC1! Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
10