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Falling

AUDUSD made FALSE breakdown and FALLThe price of this currency pair continues to move in an uptrend, which it started back in April last year. The trend started after the price bounced off the 0.627 support line and showed excellent growth. During this time, the price tried to break through this support line only once. And in October-November 2020, there was a false breakdown, which can be explained by the volatility of the dollar ahead of the elections. But, as we can see, the price returned to the upward trend and during it was even able to break through the 0.754 support line. And then the support line 0.768. However, I am convinced that the failure of the last line of support will also be false. Since this resistance line has existed on the chart since 2008, it is very strong! And much stronger than the support lines. Therefore, I expect that after a false breakout the price will roll back beyond the support-resistance line, fix on it and fall to the support zone of 0.761. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
12
EURGBP FALLING from RESISTANCE line So, as I said in my last forecast, the price bounced off the support line and began to grow. But now I am adjusting the forecast for the strong resistance line. Since December last year, the currency pair has been trying to break the resistance line that was formed in the spring of 2020. However, all that we observe up to this moment are false breakouts, which were stopped by the next resistance line. And a few days ago the price tried to break through the line again. She used a strong support line she created in 2018 to grow. However, as we can see, having come to the resistance line at 0.908, the price began to fall again. And, although the price tried to correct to the line, it is already clear that the fall will continue. I expect that by touching the resistance line and starting to fall, the price will create a downward trend. I do not expect a sharp collapse, I admit possible corrections to the fall. Nevertheless, in the end the price will fall to the support line of 0.893. This will be our goal Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
12
GOLD Came to RESISTANCE. Next - FALL.Gold started to fall from the resistance line. Let me remind you that this is the first step of my forecast since the beginning of this week. And this step has already brought us at least 170 pips of profit. Now the price starts working on the second step. Namely, Gold, having come to the resistance line 1951.71, from which yesterday we opened a sell deal, began to fall. Although the price is still at the SL border, I continue to expect a fall. Let me remind that both of these lines are the boundaries of the rising channel, formed in November 2020. During the growth in this channel, the price has already managed to break through the strong support line, which has been defining a downtrend since August. Now the price is at the upper border of the channel, the resistance line. It has been moving along the line for the last 24 hours, having well fixed itself on it. And today it has obviously begun to fall. And now I expect the price to continue falling and come to the support line of 1907.12. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
96
CADJPY touch RESISTANCE zone and FALLINGThe last half of the year, the price movement of this currency pair is very uneven. It is accompanied by strong collapses and equally strong price surges. At the same time, the pair maintains an uptrend, which is guided by the support line formed in May 2020. The price went almost exactly as I said in my previous idea. Also, at the lows and highs of the price, two zones were formed: support - 80.6 and resistance - 81.3. And after last November the price bounced off the support line 79.2, it consistently broke through the support zone and the resistance zone. However, after the breakdown of the resistance zone, the price fell almost immediately, it did not have enough strength to grow further. During the fall, the price again came to the support zone, tried to break it out, but eventually pushed off and started to grow. Now the price is close to the resistance zone 81.3. And I expect that first of all, it will complete the growth and touch this area. And after that, it will unfold in the fall. Thus, I expect the target - support zone 80.6. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
10
AUDCAD fix on RESISTANCE line and FALLIn the middle of autumn 2020, the price started an uptrend, during which it first managed to reach and then break through the 0.916 support level. This was an important breakout as the level is strong and after the price rallied above it it became an impressive support for it. As a result, the price almost immediately broke through the support line at 0.966. After that, it rolled back, fixed on the line and continued its steady growth. Finally, it came to a strong resistance line at 0.984. This is a strong line that started to form on the chart in September 2019. Now, we see a perfect fixation on the line. After the first touchdown, the price began to fall, then it worked out the correction and is now on the line again at the 0.985 point. This is a good position to start a downtrend. I expect the price to fall after the correction at the resistance line. The target in this case is the support line at 0.972. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
12
US30 FALLING from resistance zoneIn October last year, there was a collapse in prices, during which the pair reached its local minimum, pushed off the support and also quickly returned its positions. It was stopped by the resistance line 30398, which appeared on the chart back in September 2020. Having touched it, the price stopped its sharp rise, but continued to move evenly in an upward trend. The second guiding trend line was the support line, also formed in November last year. Also, a local resistance zone was formed at the points of the price maximum. It originates in December 2020. At the end of last year, the price was able to break through this zone, rose to the resistance line of 30,848 and immediately collapsed to support. Then it bounced off it and returned to the 30426 zone again. Where the price is now. Despite the fact that last time the price managed to break through the zone, now I expect it to start falling and from the resistance zone it will come to the support line at 29960. This will be our target. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
UShort
by Lingrid
18
GOLD touch RESISTANCE and FALL So, the most important thing that happened to the price over the last week was the breakout of the strong support line - at that moment of resistance - that was defining the downtrend in gold since August. Let me remind you that during all this time the price made only one false breakout of this line during the US elections. On December 30, the price touched this line at the point 1895.73. It made a slight rollback and in the new year broke through the line and immediately went into strong growth. Thus, breaking the downtrend. This growth also takes place within the upward channel, which was formed at the end of November, when the price bounced off the support line 1765.29 and began to rise. And right now the price is near the upper border of this channel - the resistance line. Therefore, the first thing I expect from the price is that it will complete the growth and touch the resistance at 1946.01. Then it will turn around and start falling. During the fall, the price will come to the support line. So I expect a target of 1904.75. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
53
AUDUSD FALL after FALSE breakdownAfter the price broke through the 0.754 support line during the rise in mid-December, it moved along the line for several weeks trying to break through. However, in the end, it grew from it, rolled back and fixed on the line. After that, it received a new impetus for growth and began to move towards the resistance line. What you need to know about these two lines. The first is that the support line is very strong, it was formed in 2019 and the price has a lot of touches with this line. The second is that the resistance line is even stronger. She appeared in 2008! And globally, we can say that it is this line that supports the global falling price trend. Therefore, despite the fact that at the beginning of January the price broke the line to the point 0.769 and has been moving above it for the last couple of days, I expect a fall. This breakout will be false, the price will not have enough strength to rise above the resistance line and it will fall. I expect the price to come to our target - the 0.758 support line. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
19
GOLD left channel and FALLAs we remember, the price of gold is now in an little upward channel and is ready to leave it. At the beginning of this week, the price touched the resistance line 1901.11 and fell to the support - the lower border of the channel 1873.86. The price line has been moving along this line for the past few days. It does not start to grow, however, it has not been able to break through either. It often happens that such a steady movement on the support line precedes an increase. Therefore, first of all, I expect that the price will still take advantage of the support and begin to grow. However, it should be borne in mind that there is a resistance line nearby, which has been stretching since August of this year and determines the downtrend in prices. So after the price touches the resistance line of 1894.94, it will fall, exit the channel, consolidate at its lower border at 1888.40 and continue to fall towards the support line. So the final target I expect is the 1842.62 support line. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
OANDA:XAUUSDShort
by Lingrid
71
GBPUSD touch RESISTANCE line and FALLThroughout the fall and the first month of winter, the price moves in an upward trend. At first, the growth was based on the support line 1.287, but after the price bounced off it for the last time, it was able to break through the support line at 1.317 and rise above it. Now the price is moving between this support line and the resistance zone. The zone is formed by two lines, one of which began to form on the chart in 2018 and the second in 2010. The last time the price touched the line at the end of last week around 1.359 and began to fall, but eventually began to grow in a corrective movement. I take this as a good sign for a future fall, as in this way the price will consolidate in the zone. I expect that the first thing the price will complete the movement and touch the resistance line 1.360 and then fall to the support line. Thus, the final target that I expect is the support line 1.335. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
30
GBPJPY good point to SELLIn September, the price collapsed. Having touched the resistance line 142.07, to which the pair had been growing during the summer, the price fell to the support line 133.14. Then she began a new growth. It was during this growth that the price was able to break through the support level 136.97 and eventually returned to the resistance zone at the intersection of two lines. Throughout December, the price moved relatively evenly and regularly touching either the resistance zone or the support level. And at the end of last week she even tried to break through the zone, after which she returned to its limits. And this is a good signal that the price will fall soon, since after a false breakout it is unlikely to hold on to the resistance zone. And this is a great opportunity to open a sell trade. I will never tire of reminding you of the importance of SL - set it for the support level around 136.97. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
14
GOLD BREAK support line and FALLSo, the price continues to move in an upward channel, which formed in late November - early December after the price broke through the support line 1806.93. After the breakout, it touched support 1768.05 and started to rise. As a result, this line of support became the lower border of the channel. Last week, the price touched it at point 1858.13 and started to rally, but the growth was interrupted in the middle of the channel when the price came to the resistance line 1900.47. This line has existed since August 2020 and, as you remember, it was exactly the basis of the global downtrend. And this time the price also collapsed from this line. Now the price is within the support line 1871.32, but this time I am sure it will break through it. Since the resistance line from which the price falls is older and stronger than this support line. Thus, I expect the price to break through the 1875.07 support line, after which it will correct and consolidate on it in the area of ​​1881.23. In this case, you can open a sell trade either immediately after the line breaks out or after waiting for a correction. As a result, the price will fall to the support line at 1841.58. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
OANDA:XAUUSDShort
by Lingrid
44
AUDUSD touch strong RESISTANCE and FALLSince November this year, the price of the currency pair has shown a steady growth. During this growth, the price consistently broke through the support line at 0.742, then the support line at 0.757. And as a result, it came to the resistance line 0.764. This is a very strong line, which began to form back in 2009, and therefore it is not surprising that its price immediately collapsed after it came together. For the last month, we have seen the price move along the 0.759 support line. During this time, she broke this line several times. However, the strong resistance line gave no room for growth. Moreover, both lines intersect and therefore I expect that in the near future the price will fall for support, fall into the resistance zone formed by two lines and begin to fall. But to begin with, it will touch the resistance line at 0.763, after which it will reverse in the fall. It will break through the support line and consolidate on it around 0.760. And then it will fall to the next support line 0.743. This will be our goal. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
9
GOLD start FALLING from strong RESISTANCE lineSince August, the price growth has been stopped by a strong resistance line. It is also trending - it directs the price in a downtrend. During the fall at the end of November, the price came to the support line 1803.05, broke through it, and then returned to the line. A small ascending channel originates from the breakout low of 1766.14, in which the price has been moving since the first days of December. The price broke it only once, in the middle of the month, going beyond the resistance line. Otherwise, the pair continues to grow in the channel. Last week, during the movement, the price just dropped to the lower border of the channel, the support line 1857.54. Where it pushed off and started a new rise to resistance. It is not only close to the upper border of the channel, but also from the resistance line formed in August. I expect the price to begin with a correction to the support line, touching it in the 1878.27 region. After which it will turn off and grow to the resistance of 1904.24. And then it will leave the canal and fall to the support line 1844.30. This will be our goal. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
OANDA:XAUUSDShort
by Lingrid
52
EURUSD will BREAK support zone and FALLThe price is at the strong resistance level 1.222, which forms the direction of the price since the year the chart appeared - 1994. As you can understand, this is a very strong level. The last global breakdown of it, after which the price dropped beyond the level, occurred in 2018. In mid-December, two false breakouts of the level happened one after another. After that, the price fell, worked out the correction and fixed at the level. In the past few trading days, the price has pulled back twice and touched the level, so after false breakouts and such a good fix, I expect the price to start falling. On the way of the price there is a support zone consisting of two lines - October and November of this year. However, the strength of the resistance is much greater, so the first thing I expect from the price is that it will break through the support zone around 1.218. Then the price will consolidate in the 1.220 zone and then start falling. I expect that the price will eventually fall towards the support line through the correction. And so our final target is the support line at 1.203. When the price breaks the resistance zone 1.218, you can start a sell trade. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
Short
by Lingrid
31
EURUSD FALL after breakdown and fix on RESISTANCE levelAutumn has become a period of quite impressive growth for this currency pair, the price rises to the highs that the last time reached in 2018. However, now the price is on the way - a strong resistance level 1.221. And also, passing nearby, the line of resistance. She is the youngest, formed only in September. But, on the other hand, without a single breakdown. The price moved up to the resistance zone after it managed to break the 1.196 support line in early December. The price broke through it, rolled back and fixed on the line, which provided the basis for strong growth. During this growth, the price came to the resistance line 1.217, reversed from it, but eventually began to grow again. It broke through the level, touched the resistance at point 1.227 again and began to fall. I doubt that after two touches and two subsequent falls - taking into account the breakdown of the level - the price will have enough strength to grow. Moreover, after the last breakout, it has consolidated at the level of 1.221 and this suggests that the price is ready to fall. Thus, I expect the price to fall from the resistance level to the support line at 1.204. This will be our goal. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
15
USDJPY will grow to RESISTANCE line and FALLThe price continues to fall in the course of a long downtrend, which began a new round in July this year. At the same time, a resistance line was formed on the chart, which became a guide line for the trend, preventing the price from rising higher. During the fall, the price came to the level of 104.02. Since November, she tried to break through this level and go down beyond it, but most of the breakouts were false. The only really serious one happened during the US elections. However, in mid-December the price still managed to break through the level and go down to the support zone of 103.46. This zone originates just at the November low. This time, the price moved in front of the zone for some time, broke through it during the fall. Then, again during growth. And now it is above the support zone. Since the zone provides a good impetus for growth, I expect the price to rise. However, I don't think it will be able to break through the resistance level. Therefore, I expect such a goal. First, the price will rise to the resistance line since June of this year at 104.18, then it will bounce off, break through the level and fall to support 103.46. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
7
GBPUSD 173 p. profit - DONE. Next - FALLMy idea went perfectly and brought us 173 p. Profit! And now the price is in a position that will bring us a good profit again! Remind you that after falling in August, the price is moving in an uptrend, but now it has run into strong resistance and is unlikely to grow stronger. As I said last time, after the price touched the 1.330 support line, it bounced and rose to the 1.369 resistance line. This is a very strong resistance zone as it is formed by two intersecting lines. One of them was formed in 2018 and the second in 2010 (!). And that gives the price a good reason to fall. Moreover, this is not the first time the price touches the line. Last week it came to resistance, broke through the younger line, but stopped at the older one and fell from it to support. Therefore, even now I can expect the same behavior from the price. Thus, I expect that after touching the resistance line 1.359, the price will fall to the support line. The final target I expect is the support line at 1.333. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
20
GBPJPY FALLING from RESISTANCE lineAfter in May 2019 the price broke through the level of 139.60 during the fall, it began to double along this level, every several months, either rising above it, or dropping beyond it. This movement is regulated by two main trend lines, support - formed in August 2019 and resistance, which began to form in April 2018. In August of this year, the price touched the resistance line at point 143.139, after which it fell and broke through the level. For the last six months, the price has been moving between the resistance level and the support line, making only false breakouts. She didn't manage to change the trend and grow. However, at the beginning of November, the price again touched the level and this time did not begin to fall, but continued to move with minimal deviations from the level. This move was accompanied by a series of false breakouts. Now the price, after breaking through the level, stopped above it and I expect it to rise to the resistance line 141.681, and then reverse, break the level again and fall to the support line. So I expect the target - the support line 135.684. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
Short
by Lingrid
15
AUDUSD FALLING after FALSE breadownThis currency pair experienced a rather impressive collapse in March this year. However, after the collapse, the price almost immediately started the same strong and strong growth and quickly recovered in positions. And after that, it continued to grow. During the growth period, it broke through the 0.690 line. And this line later became a strong support for the price. The price fixed on it, pushed off and rose to the resistance zone at the intersection of two resistance lines at 0.742. As expected - after that the price dropped again. However, the resistance was not strong enough to provoke another collapse. The price stopped again at the support line. And it already showed really strong growth, during which it was able to break through the support line 0.743. And also make a false breakdown of the resistance line 0.759. After this false breakout, the price returned behind the line again. I expect that the price will first work out the correction to the fall and touch the resistance line again, and after that it will start to fall. Thus, I expect the final target - the support line 0.743. Traders, if you like this idea or have your own opinion about it, write in the comments. I will be glad👩‍💻
Short
by Lingrid
9
EURGBP FALLING after breakdown RESISTANCE lineSince the beginning of last week, the price has been trying to break through the strong resistance line at 0.917. Each time, 0.901 support was the basis for a strong spasmodic growth. This is the zone that was formed in October and regularly adjusts the price during both rallies and falls. Both times, after the price touched the resistance, it fell back to the zone. And each time during the fall and growth, it broke through the resistance line which has been on the schedule since June. And now, after the rebound from the resistance line at 0.917, the price has broken through the resistance line at 0.911 and continues to fall. I am sure that it will continue to fall, as in both previous times - the situations are very similar. Therefore, now I expect the price to fall from the resistance line to the 0.900 support line - within the boundaries of the designated zone. This will be our goal. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
10
AUDCAD on strong RESISTANCE zone - FALLINGAfter the price for a long time - from October to December - moved below the support line, it finally returned to an uptrend. This trend started in July of this year and is formed by two equivalent lines - resistance from July and support from June. The price did not break through the resistance line even once, but for the support it collapsed quite seriously in October. But at the end of last week, the price again broke through the support line at 0.965. This time already in the process of growth. And for the last few days it has been following the growing trend movement. During this movement, the price reached the resistance line at 0.974 again. Immediately collapsed from her to support immediately grew again. Such a rapid growth-fall change may indicate a good consolidation at the resistance and the willingness of the price to fall again. Moreover, there is also a zone near the resistance line. This zone combines two price highs. The first touch was in 2018. That is, the price is now at the point of a two-year high. It is very unlikely that she will pierce him. Thus, I expect the price to fall towards the 0.967 support line. This is our goal. Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩‍💻
Short
by Lingrid
17