Lingrid | BITCOIN potential LONG trade from the SUPPORT levelBINANCE:BTCUSDT market has made a strong bounce off the support level, taking out liquidity below the crucial 60,000 level. On the daily chart, a bullish inside bar formation has developed. Last Monday, the price experienced a significant impulse move down, and since then, the market has been stuck within a narrow range. The fact that the market has broken above the high of this range is a positive sign. I believe that the market will likely continue its upward momentum, as it has been consolidating for week. I'm expecting a small pullback followed by a channel breakout. My goal is resistance zone at 67000
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Lingrid | EURUSD divergence at the SUPPORT Level. LONGThe price perfectly fulfilled my previous idea. It hit the target zone. The price has reached the support level and has struggled to extend its downward movement. Notably, FX:EURUSD formed an equal low, indicating that the bears may be exhausting their strength. Instead, the market formed a double bottom pattern with a divergence at the support level, which is a classic sign of reversal. The market has rebounded from this support zone before, and it's possible that it may do so again. With the momentum building up before the pullback, there's a possibility that the price action could form a range zone. Overall, I expect the market to retest the resistance level. My goal is the resistance zone around 1.07627
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WIFUSDT(dogwifhat) Daily tf Range Updated till 01-07-24WIFUSDT(dogwifhat) Daily timeframe range. fairly new PA here as of that it got good amount of trading opportunity from both sides. free money if one can catch those setups. for now trying to get over 2.3197 need a valid close for that to move forward. local retrace point at 1.5733.
Alikze »» YGG | Ready to break the PRZ !In 12H time, it is moving in an ascending channel, which has had three reactions to the dynamic trigger or the bottom of the channel so far.
💎 Therefore, this trigger or ascending channel can be considered valid. However, it has had two negative reactions at the ceiling of the channel in the resistance range, which has not been able to stabilize above this channel, which has led to two fake breaks and has faced supply and selling pressure.
💎 Finally, it formed a double ceiling in the ceiling of the channel, after which it encountered a zigzag correction and reacted positively to the trigger in the green box range.
💎 The first scenario: but it is currently in the PRZ1 range, if it can stabilize above it, it can rise to the PRZ2 area, which also has an FVG gap.
💎 Alternative scenario: But if this area does not have the ability, the alternative scenario is to retest the channel floor, and if it is lost, it can continue to the next node of the green box area.
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Alikze »» ONDO | ready to pullback to the broken major ceilingAccording to the previously presented analysis, which was a trading range between the two supply and demand ranges, after another attempt and support in the neck line range, it has succeeded in breaking the supply range.
💎 Currently, due to the exit from the ascending channel and the support in the green box range, it has now re-entered the ascending channel.
Currently, it can grow with a pullback to the broken structure to the middle of the channel of the $1.6 range.
💎 Therefore, with pullback to the previous major ceiling, it will enter another rally, which will have the ability to grow to the middle of the channel and then the ceiling of the channel, which I will update later.
💎 Alternative scenario: In addition, if the pullback is broken into the structure and the previous major cap is an internal pullback, it can have a correction up to the OB area of 0.89
cents.
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SPY S&P 500 ETF revised Price Target for the end of the yearIf you didn't purchase SPY at the start of this year:
I initially set a price target of $540 at the beginning of this year, but upon reflection, I find that projection to have been overly cautious. I am now adjusting my forecast upward to $560. This revision stems from my belief that we are entering a significant supercycle in the stock market, particularly fueled by advancements in artificial intelligence technologies.
The current market conditions may prompt a temporary pullback due to levels of overbought assets. However, my overall outlook remains extremely optimistic about the broader market trajectory. I see continued strength and potential for growth, especially driven by the ongoing innovations and developments within the AI sector.
As investors navigate through potential short-term fluctuations, I maintain a bullish stance, anticipating robust performance and opportunities in the market as we progress through the year.
DOGE Dogecoin Bullish ReversalIf you haven`t bought DOGE before the breakout:
Nor sold the top:
Now upon closely examining the chart pattern of DOGE, it appears that the cryptocurrency is positioned for a bullish reversal within the confines of a falling wedge formation. This technical pattern, often seen as a precursor to a price breakout, suggests that Dogecoin could be on the verge of reversing its downward trend and entering a phase of upward momentum.
Lingrid | EURGBP pullback TRADEFX:EURGBP is currently trending within a downward channel, and the price has made a retracement towards the resistance level after bouncing off the support level and experiencing an impulse leg down. To short the market, I'll look for a fake breakout of the resistance zone. If this occurs, I expect the price to drop down, taking liquidity above the recent psychological level at 0.85000. My goal is to support levle at 0.84065
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Lingrid | GBPAUD trend CONTINUATION Short OpportunutyThe price perfectly fulfilled my last idea. It hit the target zone.The market has dropped from the resistance zone, marked by a series of lower lows and lower closes. FX:GBPAUD has broken through the significant level of 1.91000, and currently, it's pulled back to this level. Looking left, we can see that the market formed an impulsive move from the resistance area previously. I expect the market may replicate this pattern, potentially breaking above Wednesday's high and then initiating a bearish trend taking liquidity above. My goal is the support the level at 1.89840
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Alikze »» YFI | Corrective C waveAccording to the previously presented analysis, after exiting the downward channel and pulling back to it, it grew by more than 55% to the specified range. After that, there was a three-wave correction up to the green box range. Currently, two behavioral scenarios can be considered to continue its path.
💎 First scenario: in case of the inability to penetrate and stabilize above 7660, it can continue the corrective movement until the origin of the movement of the OB range.
💎 Second scenario: If it penetrates and stabilizes above 7660, it can continue to grow up to the previous supply area and then it can have its own growth up to the previous ceiling.
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Trading minute impulseOn the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
Lingrid | GOLD short-term RETRACEMENTThe price perfectly fulfilled my last idea. OANDA:XAUUSD has rebounded off its key support level and is now making its way towards the resistance zone. Considering the significance of today's news events, I think it's likely that the market will retest this resistance before potentially pulling back down. It's possible that the price may enter a consolidation phase between 2300-2330 again before a clear trend emerges. I expect the market to move sideways for a bit, as we've seen every time the price bounces off this key support level - it tends to consolidate for a while. However, if the resistance fails to hold, we could see the price surge higher towards the next resistance level at 2340. My goal is the support around 2301
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AUDUSD → Trade Analysis | SELL SetupAUDUSD is moving in a descending channel under the trend lines.
The price has fallen under the dynamic support, which now acts as resistance.
We expect the decline to continue after testing the lower boundary of the channel.
Hello Traders, here is the full analysis.
I think we can soon see more fall from this range! GOOD LUCK! Great SELL opportunity GBPUSD
I still did my best and this is the most likely count for me at the moment.
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BETAUSDT(Beta Finance) Daily tf Range Updated till 27-06-24BETAUSDT(Beta Finance) Daily timeframe range. big retrace back from it today over 126% in one daily candle. we can see a wick here but if it can valid close over 0.08764 than it will try again at 0.12043. if not than back to local support at 0.06163.
Alikze »» ENA | Pullback to broken structureIn time 1D and 8H, it has faced demand after supporting in the golden zone.
💎 According to the momentum and upward guard, if it is issued in the 8H period after meeting with the pullback trigger line to the golden limit, it can continue to grow up to the Fibo range of 0.78 after the support in the first step, and then this growth can continue up to the supply area. slow down
💎 Alternative scenario: if the golden zone and the range of 0.68 are broken, the correction can extend up to the range of 0.58 and the green box.
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Alikze »» IO | Short -running channel🔍 Technical analysis: Short -running channel
- The one -hour frame is moving after a modification in a short ascending channel.
- In the middle of the canal and in the area of resistance density.
- If it can be located above the area, it can have up to 6.25 channel ceiling and can grow with the middle of the canal to the supply area if the reaction.
💎 Alternative scenario: If it fails to break the resistance range and face the channel failure, it can modify the green box after the money.
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Trading minute impulseOn the minute timeframe of XAUUSD at the moment we have the completion of the impulse formation. If the price continues to move in the direction of the impulse and the support zones do not allow it to overcome the base of the impulse, it may reach the targets 1 and 2. If the price fails to advance in the direction of the momentum and overcomes the support zone at the base of the momentum, it is very likely that the price will move sideways or against the direction of the momentum.
Lingrid | EURUSD ranging MARKET. Potential BEARISH moveFX:EURUSD has rebounded off a strong resistance zone, creating a pattern of lower highs. It's possible that we may see a period of sideways trading until the New York session. Currently, the market remains below the resistance level of 1.07000, which was broken and closed below. On the daily chart, we can see a bearish candle formed, indicating a bearish momentum. If the market fails to break above this resistance and the upward trendline, we can expect to see another lower high form. I expect a fake breakout of the key level at 1.07000, followed by a continuation of the trend. My target is the support level around 1.066000.
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XAUUSD congrats sellers!! whats next?! good evening gold gang! wow another great day price following the analysis perfectly!! .. we caught the sells in the group but i was stopped at break even before the big drop once again but many in the group stayed in so congrats you lot!
the HTF trend is broken but the fundamentals are still bullish so keep an eye on the major news announcements this week. I would like to see a pull back in asia to sell down in london again to the major algo 2279. Id like it to spike there to take buys back up to follow news but will need to see at the time
no buys for me at the minute until the level at 2312 is cleared and closed above ..
lets have another good day! follow this page and like if you want me to keep posting on here again after a break ,, im enjoying it!
catch you in london
Tommy
XAUUSD Analysis was great, execution was not .. heres why Good evening gold gang!! another lovely bit of short term analysis playing out with a little twist ... price broke structure in asian as expected before shooting up in london pre ny! This had us fooled as it looked like it was coming up but it was actually tapping the zone from yesterday before dropping all the way through in the intended position.
The sells i had eyed up from the top .. but they were outside of my trading hours pre NY so i followed my rules and didnt take them
The current area were in now is dangerous as its sandwiched between 2 HTF zones and we need a break out. Price is respecting the current trend being bullish .. but its very close on its 4th touch of the trend! so it could collapse in asia. Lets wait for a clear break of the zone before entering
catch me in the DMS if you have questions ... its nice to be back posting on here after so long and reconnecting with you all!
have a great rest of your day
big T