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A-flat

💱CADJPY - A retest of support will send the price down CADJPY breaks uptrend support and after another correction forms a signal that suggests that the market is preparing for further decline TA on the high timeframe: 1) After breaking the 109.268 support, a correction is formed. In the medium term, the price may test this line before further growth 2) The market is interested in the liquidity area below 109.336 and 0.5 Fibo level. TA on the low timeframe: 1) A break of trend support is forming - a risk zone for price. The market is rebuilding 2) The level of 109.938 is formed and after a small correction to 110.3 the price returns to the support and forms a signal. 3) Breakout of 109.938 and price consolidation below the level will form a sell signal. Key resistance📈: 110.37 Key support📉: 109.938 and 109.226
Short
by Gold-Tech
9
GOLD → The fall continues. Target 1828, 1812 and 1800OANDA:XAUUSD has been making a new downward jump since the opening of the session on Monday. The strong distributive move continues. The price is approaching an important area The chart shows an important liquidity area, but not the final one (1800). At the moment I am interested in the 1828-1812 area. The nearest support line may be tested soon, followed by a correction before further decline. The strong bearish trend continues in the market on the back of TVC:DXY strengthening. ISM Manufacturing PMI & Prices are released today, as well as FED Chars Powell speaks. It is worth paying attention to these releases. From the technical analysis point of view, I will wait for a bounce from 1828 towards the nearest resistance to increase liquidity, after which the price will continue another decline towards 1812 and 1800. The moving averages are showing a strong trend and there is a strong signal on D1 Support levels: 1828, 1812 Resistance levels: 1846 I expect a continuation of the fall in the medium term. Before the further fall, a pullback may be formed, watch the price reaction to the marked levels OANDA:XAUUSD COMEX_MINI:MGC1! COMEX:GC1! OANDA:XAGUSD COMEX:SI1! TVC:DXY Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
27
EURUSD → Retest of resistance leads to new sales FX:EURUSD is forming a retest of resistance of the descending price channel. On the senior timeframe (D1) the preconditions for further sell-offs are forming The market is in the bear market phase. The resistance retest forms a consolidation of the price below the level, which forms a bearish potential before the further fall. At the moment, the fundamental background of the TVC:DXY is quite strong and thus, the Euro will weaken against it, which is what we see. On the monthly chart the price is testing an important support level. On the background of a strong fall, a false breakdown may be formed, which may be followed by a correction. The market cannot fall all the time and at some time EURUSD may go into the phase of consolidation (correction or flat formation). Moving averages act as resistance. Support levels: 1.05000, 1.0557 Resistance levels: 1.0610, 1.0635 I expect the continuation of the fall to the mentioned support area with the subsequent breakout and further fall to 1.0350 Regards R. Linda!
Short
by RLinda
27
GOLD → There's no place to shop. Bear Market ↘︎OANDA:XAUUSD shocked a lot of people in the last week, but we were ready for it and I have been setting medium term targets like 1875, 1850 and even 1800 for quite some time. On Friday the market closes below 1850 and within the candlestick analysis there are preconditions for further fall. In the coming week there will be important news that will help to determine the medium-term outlook. Pay attention to such data as. -ISM Manufacturin, FED Chair Powell Speaks - NonFarm E.C., SP Global Services, Non-Manufacturing -Initial Jobless Claims -NonFarm, Unemployment Rate Fundamental factors are a significant part of the leverage that drives the market. The TVC:DXY is currently under the influence of a positive fundamental background, which is quite negative for gold From the point of view of technical analysis we see a strong distributive movement. The probable target of this movement may be the following zones: 1827, 1809, 1773, the targets are shown on the chart above. These are important liquidity zones in the medium term. At the moment gold is in an empty range (no volume density zones). The price can reach the lower boundary of the main flat - 1809 - quite quickly. But, on Monday, from the opening session the price may form a small pullback to form consolidation. The correction may be directed to 1860, or even to 1875, but there are no signals to start a strong growth now. We expect a fall to 1800 OANDA:XAUUSD OANDA:XAGUSD COMEX:GC1! COMEX:SI1! TVC:DXY Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
31
Ethereum is starting a new bull market! (after 2 years) After almost 2 years, ETH is starting a new bull market. It's still a great time to buy before ETH reaches 10,000–20,000 USDT per coin! So why is ETH bullish? To answer this question, we need to use the Elliott Wave theory and chart patterns on the weekly chart. As we can see, we have a strong Elliott Wave nest (1-2-1-2) with a combination of the previous ABC Zig Zag (3-3-3). This combo is indeed powerful! What's more, we can see an ascending triangle at the bottom of the trend, which is an even stronger bullish sign! You want to buy Ethereum and Bitcoin as soon as possible to earn a lot of money, as the price is still very cheap. Profits are already insane, so be greedy and enjoy the ride! What is the profit target? You do not want to sell ETH for less than 10,000 USD per coin, that's for sure. As per my analysis, ETH could reach 20,000 USD in 2025, which you will see in one of my next analyses, so make sure you are following me! But of course, in the short term, we have some strong resistances, such as the 0.618 FIB at 2534 USD. Definitely a good profit target for swing traders. I really look forward to 2024 and 2025, which will be bullish months! At this moment, probably 95% of traders are gone; they left the crypto space because, of course, they lost money during the previous bear market and were forced to sell their holdings. Some people may say that people should hold strongly and never sell, but if someone has to pay the bills, they are forced to sell it. So it's easy to say, right? This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and privately. That's my outlook; be bullish and have a nice day! Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
57
Bitcoin - Ready to reach 30k! (watch this trendline) Bitcoin is bullish and is ready to reach 29167 in the next few days or at the start of October. Of course, 30k will follow, but 29k is a strong resistance, and we should see a pullback from it! Watch this yellow trendline, which is a gateway to the ultra-huge bull market. Once it breaks, I expect a massive uptrend, but be aware of a possible retest first. Your stop-loss needs to be safe! So why is the 29167 level of resistance strong? We have the 0.618 Fibonacci retracement of the previous downtrend, and we also have a point of control on the volume profile. What's more, it's the start of the fair value gap. I am definitely expecting a pullback from it! It's always important to do an Elliott Wave analysis because it gives us an outlook on the overall trend and market structure. In the downtrend from 31k to 25k, I see a complex correction—the triple-three pattern WXYXZ. This is a corrective move and shows a lot of weakness. That's why I am bullish! 26k is still a good price for Bitcoin to buy in the long term because I expect 120k in 2025. Why 125? Check out my profile or my previous analyses! It's also important to watch altcoins and how they are doing because it gives us another good indicator for Bitcoin. Of course, altcoins such as ETH, XRP, and DOGE are bullish. This was a quick update on the local price of Bitcoin. This analysis is not a trade setup; there is no stop-loss, entry point, profit target, expected duration of the trade, risk-to-reward ratio, or timing. I share my trades transparently and privately. Thank you, and for more ideas, hit "Like" and "Follow"!
Long
by UnknownUnicorn2537518
162
GOLD → Correction amid strong bearish trend OANDA:XAUUSD stops its fall after reaching our yesterday's target. After a false breakout of 1860, a counter-trend correction to resistance is forming. But why!? The price cannot fall all the time, after a strong movement to one side or another a correction is formed to increase liquidity - complex mechanisms of market management by big players. The price is approaching the area of 1875 - an important enough place to form further targets. Above 1878 a pool of liquidity is forming and most likely the price may form a retest or a false breakout before falling further. Maybe a sideways flat will form after a strong fall. But at the moment we have the background of a strong trend Key resistance: 1875, 1878 Key support: 1860 In the long term I expect a continuation of the fall, the reasons for this are given in the early ideas. But a small correction may follow before a further fall. Regards R. Linda
OANDA:XAUUSDShort
by RLinda
12
GBPJPY → A false breakout leads to a retest of resistance FX:GBPJPY is forming a false breakdown of the support at 181.96. On the background of strengthening of the main currency we see active growth of the pair. A false breakout is formed on the chart with the subsequent price growth towards the key resistance, which is the lower boundary of the ascending price channel. If the price after the next retest can return to the framework of the uptrend, then in the medium term we can see the price growth. But, GBP growth may be a short-term correction on the background of weakening of the strict policy of the central bank. In such a case, a retest of the previously broken trend support will determine the entry point for further selling. Support levels: 181.96, 180.900 Resistance levels: trend support, 183.700. I expect a retest of the resistance, and the future pricing of the currency pair will depend on the market's further reaction to this level and GBP behavior. Regards R. Linda!
by RLinda
16
GOLD →The market doesn't feel supported. Further ↘︎OANDA:XAUUSD is in a strong distributive phase, the price is not even stopped by the 1885 level (liquids area). The price is updating the low amid negative fundamentals, as evidenced by strong weakness from buyers On Wednesday, the market forms a paranormal candle, the closing of which suggests the continuation of the fall, the local level of 1875 and 1872.58 is formed. If this zone is overcome and the price consolidates below this area, a bearish potential will be formed. But before the further fall, the market-maker may make a rebound to increase the liquidity. In the correction phase the price may reach such zones as: 1880, 1885 !!, 1890. But, it is worth paying attention to the D1 chart, the price is breaking the support of the symmetrical triangle, now the market has entered the phase of realization of the accumulated potential. On the background of bullish news for the TVC:DXY , the XAU price entry into the empty range can only accelerate its fall to 1800. This level is the nearest significant one. At the moment it is difficult to talk about buying, the medium-term market is ready to fall. We continue to follow the price Support levels: 1875, 1872,5 Resistance levels: 1880, 1885, 1890 Market is red, DXY is being pushed up on the back of unstable inflation. Gold is not feeling strong support levels, suggesting weak buying power OANDA:XAUUSD COMEX:GC1! COMEX_MINI:MGC1! OANDA:XAGUSD COMEX:SI1! TVC:DXY Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
24
PEOPLEUSDT → A break of resistance opens up the new range BINANCE:PEOPLEUSDT forms a local bottom, breaks the resistance of the descending wedge and one of the key levels within the realization of consolidation. A new corridor is opened As BINANCE:BTCUSD tests a local high near 26800, an altcoin reaction is forming. Even though the SEC has postponed the adoption of BTC-ETF indefinitely, the market is getting a small influx of assets. Our attention is drawn to PEOPLE. The price breaks the wedge resistance and continues to form a consolidation in a weak market. Finally, the coin breaks through the key, for now, level of 0.01022. Consolidation of the price above the level will form a bullish potential, which my move into the phase of realization and within the medium-term perspective PEOPLE / TetherUS can reach 0.01433 and 0.0185. Altcoins have been strongly consolidating their energy lately, something may happen soon. Support levels: 0.01022, 0.00846 Resistance levels: 0.01433 I expect the price growth to continue after consolidation above 0.01022 level. Regards R. Linda!
Long
by RLinda
17
🥇Gold reaches important support. Waiting for a reboundGold is reaching an important goal for us. We've been waiting for this. A test of the level of 1885.100 is being formed. On the background of distributive fall and strong sell-offs, a rebound may occur. TA on the high timeframe: 1) A huge pool of liquidity is formed below the level of 1885, most likely, a false breakout should occur before the rebound TA on the low timeframe: 1) The false breakout could be quick (a few 5-minute sections) or it could be a long one 2) Either way it should be expected. Price after a strong fall may enter a correction or consolidation phase 3) If a false breakout is formed (not yet started), the price will go under the level and will trade lower for some time, but after the growth and return above 1885, an active growth (buyback) will be formed Key support📉: 1885 Key resistance📈: 1900
OANDA:XAUUSDLong
by Gold-Tech
23
Gold, Further Short on the cardGold started a recent descending channel from 1947.555 since the FOMC press conference on 20th September 2023. Price could be expected to retest the Daily EMA 200 and 4hr EMA-20 before possibly swinging down to challenge the low since 21st August at 1885. The DXY could also further grow to 109 and ultimately to 113 as i mentioned in my last DXY idea publication. This can potentially bring a negative fundamental to GOLD and so watch out.
OANDA:XAUUSDShort
by AbeikuGlobal_FX
10
GOLD → We expect a fall to 1885, from which a rebound may followOANDA:XAUUSD is following a clear script. I recommend studying the latest ideas on XAU to understand the reasons for further decline. At the moment this stage could go to 1885 before a further bounce. At this point I am only expecting a fall to 1885. This area is clearly of interest to MM and the market, on the background of a strengthening dollar, the price reaching this area will be quite fast. But, further from the mentioned support, with a high probability, a pullback may follow. If the false breakdown will be small, the upward impulse can be formed quite strong. On the background of downtrend and negative fundamental data for XAU, counter-trend correction and momentum may reach 1895 or 1901, but the decline may continue. Support levels: 1885 Resistance levels: 1895, 1901 I expect the fall to continue to the above level. If the support is retested, a rebound may follow before a further fall. OANDA:XAUUSD OANDA:XAGUSD COMEX:GC1! TVC:DXY TVC:BXY Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
20
💱CADJPY - A retest of uptrend support. But there's a but!CADJPY is forming an uptrend. On the background of this movement, the market forms a support retest, it seems to be predictable, but the situation may get out of control, as a decrease in volatility is formed. TA on the high timeframe: 1) The market is at its maximum values. A small correction may form before further gains are made 2) The liquidity area that MM might be interested in is below 109.45. If the price breaks one of the supports, it will direct its movement towards this area. TA on the low timeframe: 1) A support retest is formed and volatility decreases to the minimum values 2) A consolidation is formed. This consolidation can both send the price up after the support retest 3) or it can break the trend support and send the price down. In this case, there are two scenarios: 3.1) Trading a bounce from support. The signal will be a prolonged consolidation above the support 3.2) Trading a breakout of support - either open a trade immediately for a breakout or wait for consolidation below the level. Key support📉: 110.15 Key resistance📈: 110.37
Long
by Gold-Tech
20
GOLD → Price continues to form a downtrendOANDA:XAUUSD is breaking another support line again. Bearish prerequisites, which I previously wrote about, putting the market in the phase of realization of accumulation, a high chance of continuation of the fall On the chart we see the formation of a global consolidation range. The price breaks the support at 1915.3. The correction after the breakout is formed, which flows into the consolidation phase. Price consolidation under the flat support will form a bearish potential and a convenient entry point for further sales. Earlier I wrote about strong sell-offs, all the resistance, retest, all this was the formation of a large bearish position. Last week we met Powell's speech, who did not give any specifics, but at the same time made it clear that the dollar will continue its strengthening. The index has discovered a new corridor that could cause gold to fall lower. The moving averages are forming another bearish signal. Resistance levels: 1915.3, 1922.4. Support levels: 1910, 1908 I expect the decline to continue after consolidation below 1915. A false breakout is possible, but the prospect is 1910, 1901 OANDA:XAUUSD COMEX:GC1! CAPITALCOM:GOLD TVC:DXY CAPITALCOM:SILVER COMEX:SI1! OANDA:XAGUSD Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
26
KNCUSDT → Coin shows strength in a weak market BINANCE:KNCUSDT stops its decline in late 2022 at 0.495-0.500, thus forming a bottom. The market holds this area quite confidently. And at some point, on the background of weak BINANCE:BTCUSD , KNC forms a resistance breakout, which could be the first bell On the chart we can compare the behavior of the last few days of BTC and KNC. The second one feels confident and is ready to strengthen further. While BTC has been in a falling phase for the last 7 days, Kyber network / TetherUs is strengthening already by 28%. Altcoins have been receiving more attention from speculators lately as they are livelier and more active. The latest retest of the 0.495 bottom on September 12 leads to the formation of a bullish momentum, within which the price makes an attempt to exit the descending range. After the breakout and correction, consolidation is formed above the resistance. If the bulls can finally keep the price above this line, we will be able not only to observe, but also to participate in the price growth to the targets indicated on the chart. The area above 0.955 is quite loose and price could quickly reach 1.200-1.400, but for this to happen we need to get momentum from the previously broken resistance. Support levels: 0.630, MA200, MA50 Resistance levels: 0.710, 0.834 I expect an active phase from the bulls' side. The first phase is consolidation. After which I will wait for growth to the mentioned areas. Regards R. Linda!
Long
by RLinda
17
USDCAD → The bull market could provide momentum FX:USDCAD is forming a support retest amid the strengthening of the dollar index. A break of the local resistance, against the background of the uptrend, will give us an excellent bullish potential. The market is preparing to rise further. We have an uptrend and support from the strengthening of the dollar index. On the back of positive fundamental data, the TVC:DXY continues to strengthen, which will make the Canadian dollar weaker against the US dollar. On the chart we see the retest of the support of the ascending price channel and the formation of a bullish impulse. The resistance at 1.3502 plays an important role for us. If this area is broken through, the market may form a strong bullish impulse in which, in the medium term, the price may quickly reach 1.3640 and even 1.38000. The moving averages are forming a signal, but it may not mean anything on the fundamental background. Support levels: 1.3424 Resistance levels: 1.3502, 1.3542 I expect the continuation of growth on the background of strengthening of the dollar and on the background of the bullish trend. Regards R. Linda!
Long
by RLinda
12
EURUSD → The calm before the storm. Breakthrough ↑ or ↓FX:EURUSD continues to form a downtrend. At the moment we see a rebound from resistance and a retest of support at 1.06350, which ends with a slight strengthening of the currency pair EURUSD is waiting for a reaction from the US market, namely we are all watching the dollar index. It forms a retest of the strong resistance at 105.00 and forms a rather strong consolidation. If the price breaks the resistance, a very strong bullish impulse will be formed, which will affect the whole forex market. But there is a small chance that the 105.0 area will not let the price in and a correction will form, in which case EURUSD may break the trend resistance and form a shakeout to 1.0835. In priority, I expect a retest of 1.06350 followed by a breakout and a decline to 1.05000 Support levels: 1.06350 Resistance levels: 1.0685, 1.0765 The currency pair may break the line on the next support retest. We should be ready for the resistance breakout as well. Watch the reaction of TVC:DXY to the mentioned resistance area. Regards R. Linda!
Short
by RLinda
16
🥇GOLD - Price breaks through the bulls' barriers Gold falls from 1928.5 and reaches support in my scenario. We have taken the target. At this point, while the market is forming a sideways range, price may form a bounce from 1908 before falling further. TA on the high timeframe: 1) Important target is 1907.6. The market is looking to test this area 2) Price passes one of the key liquidity areas, the next leg is 1900 TA on the low timeframe: 1) Price is inside flat 2) Support at 1912 is broken 3) Price on retest of 1908 may form a rebound to 1912-1915 but in the long term we should expect further decline 4) If 1908.4 is broken, the price will head towards 1901. Key resistance📈: 1912, 1915 Key support📉: 1908.1901
OANDA:XAUUSDShort
by Gold-Tech
14
💱USDCAD - Consolidation before further growth is formed USDCAD does not tend to fall after breaking the support at 1.3497. On the background of high timeframe the price retests the key level 1.33724 and forms a correction. Patterns for further growth appear within the correction TA on the high timeframe: 1) Price returns to 1.3502 2) A pre-breakout consolidation is forming near the level. 3) There is an important liquidity area ahead, above 1.35200, an impulse will be formed if this zone is broken through. TA on the low timeframe: 1) A consolidation within a symmetrical triangle is formed near the level of 1.3497 2) A retest of the pattern resistance and a retest of 1.3497 is formed 3) Chance is higher that the resistance will be broken, in this case a break of 1.3497 will form an impulse to 1.35668. Key support📉: 1.34500 Key resistance📈: 1.3497
Long
by Gold-Tech
16
🥇GOLD - Resistance Retest. (To breakout or to fall?)Gold is forming a resistance retest. Against the background of the global descending channel, the price may form a false breakout, but against the background of consolidation near resistance, the chances of a breakout increase. TA on high timeframe: 1) We have the formation of the 1934-1907 range. There is a false breakout and pin-bar formed against resistance. 2) Price is likely to form a retest now before further breakout TA on the low timeframe: 1) a sideways range is still forming in the market 2) The dollar continues to strengthen and surprisingly, so does gold. But the dollar has a positive fundamental background. And gold, most likely, the market is pulling up to the liquidity area 3) We watch the price reaction. If there is a breakout of resistance, we should wait for consolidation above 1928-1930 to buy. 4) False breakout will form a consolidation below resistance. Only after confirmation of one or the other should we sell or buy Key resistance📈: 1928.5, 1930 Key support📉: 1915, 1908
OANDA:XAUUSDShort
by Gold-Tech
11
💱EURUSD - Consolidation is being formed for support breakout EURUSD on the background of a quick retest breaks the key support and forms consolidation. A potential is formed, within the framework of the realization of which the price can quickly reach 1.0536 TA on the high timeframe: 1) Strong bearish trend continues 2) A retest of the support at 1.0635 breaks the level 3) Price opens a corridor to fall to 1.0536 TA on low timeframe: 1) Pre-breakdown consolidation is formed 2) The market enters the phase of realization of accumulation after breaking the support at 1.0635. 3) Consolidation of the price below the level will form a sell entry point 4) After the FED news, the currency pair may fall to 1.0536 after breaking 1.06350. Key support📉: 1.06350, 1.0617 Key resistance📈: 1.0642, 1.0664
Short
by Gold-Tech
6
GOLD → A retest of support is expected in a weak market Gold has been declining since the opening of the trading session. The market continues to form a sideways flat. Purchases after strong sell-offs bring the price only to the retest of the strong resistance area, after which the metal weakens again On the chart we see the current set-up - flat. The price is declining after the resistance retest and breaks through the local support at 1922.4. The price fixing below this area will form a signal for selling. In this case, I expect that the price may reach 1915 in the short term and 1900 in the medium term. The fundamental background of gold is weak, but technically the price feels quite confident against the background of what is happening, most likely the reason for this is the huge interest from the world's major central banks. As soon as gold gets a little bullish potential from the fundamentals, it will give a huge jump up, but it is too early to tell. The moving averages indicate that a consolidation is forming. Support levels: 1915, 1902 Resistance levels: 1922, 1928 I expect the continuation of the decline on the background of technical and fundamental analysis. Market Maker is interested in lower liquidity areas OANDA:XAUUSD FOREXCOM:XAUUSD COMEX:GC1! FOREXCOM:XAGUSD CAPITALCOM:DXY Regards R. Linda!
OANDA:XAUUSDShort
by RLinda
42