Get started

Zigzag

GOLD → Consolidation. Long squeeze before growth to 3400FX:XAUUSD has broken through resistance at 3353-3357 since the session opened, and bulls are currently trying to keep the market in the buying zone. Should we expect a long squeeze before growth? Gold is in local consolidation after breaking through a key level. The price is still in the consolidation phase formed during a week-and-a-half correction. The price reached a three-week high of $3,374 on Monday but fell after the EU's conciliatory statements. Investors are awaiting US inflation data and Chinese GDP figures as they assess the prospects for a Fed rate cut. Heightened geopolitical and trade tensions are keeping demand for safe-haven assets high. Technically, gold has entered a local buying zone, but there is a fairly complex resistance zone above it, and consolidation is needed to break through it. Such patterns could include a retest of support and a liquidity grab before growth. Resistance levels: 3373, 3394 Support levels: 3357, 3353, 3345 There is a possibility of a retest of eql 3353 in a long squeeze format and a return to resistance at 3373 for a breakout. I also do not rule out a retest of the key level of 3345. The global trend is bullish, with the price locally in a fairly wide range, with an emphasis on the support zone of 3345-3355. If the bulls can hold this zone overall, the market will have a good chance of rising to 3400-3450 Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
14
GOLD → Consolidation ahead of CPI. Chances for growth?FX:XAUUSD Gold is consolidating amid a correction in the dollar ahead of important news. Consumer price index data is due later today. The market is stagnant and will not move prematurely. On Tuesday, gold rose slightly amid profit-taking ahead of the US CPI release. Investors are waiting for a signal from inflation: weaker data could strengthen bets on a Fed rate cut and support gold, while strong inflation would strengthen the dollar and put pressure on the metal. The situation is exacerbated by Trump's new tariff threats and his criticism of the Fed chair. Let me remind you of Trump's pressure on regulators regarding inflation and interest rate cuts. Technically, gold is trading above the previously broken “symmetrical triangle” consolidation. Bulls are trying to hold their ground above 3340-3350. Focus on the current range of 3340-3373 Resistance levels: 3373, 3394 Support levels: 3350, 3340 Favorable news for gold could boost interest in the metal, which would generally lead to growth. However, there is a factor of unpredictability, and against this backdrop, gold may test support at 3350-3340. If the bulls manage to keep the price above this zone, we may see growth in the medium term. Otherwise, the price may drop to 3310-3280. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
4
GBPUSD → Correction amid a global bullish trend...FX:GBPUSD is testing the 1.345 - 1.35 area as part of a correction. The price is closing the imbalance zone and testing support, which may trigger a reaction. Further developments will largely depend on the dollar, which is testing resistance. The daily market structure is quite strong. The correction against the backdrop of a strong trend is within acceptable limits, and bulls should fight to keep the price away from risk zones. GBPUSD, as part of the correction, closes the imbalance zone of 1.34 - 1.35 (0.7 - 0.79f) and forms a false breakdown of the intermediate support level of 1.3476. If buyers hold their ground in the 1.347-1.35 zone, the currency pair will be able to return to the global trend. Support levels: 1.3476, 1.345, 1.3382 Resistance levels: 1.3511, 1.359, 1.375 Price consolidation above 1.349 - 1.350 will confirm the market's intentions. In this case, we can expect growth to 1.36 - 1.374. Best regards, R. Linda!
Long
by RLinda
13
ETHEREUM → Correction to 2900 before growth BINANCE:ETHUSDT is entering a correction after a strong breakout of resistance. At the same time, Bitcoin is falling from 123K to 116K, triggering a pullback across the entire market... On D1, ETH is facing strong resistance and is not yet ready to break it (it lacks strength after the rally). The most likely scenario after a false breakout is a correction to support. But the main focus is on Bitcoin — will there be a correction or a reversal of the local trend? If the flagship continues its decline, the cryptocurrency market will humbly follow suit. ETH has a nearest zone of interest at 2913, where liquidity capture could attract buyers, but I do not rule out the possibility that the correction could go much deeper before further growth, for example to 2879-2827 (support on D1). Resistance levels: 2992, 3041 Support levels: 2913.7, 2879, 2827 Technically, consolidation against a bullish trend. Confirmed support area 2913 - 2879. As part of the correction, the market is interested in capturing liquidity. If, against the backdrop of the current correction, the bulls manage to hold their ground above the specified support, ETH may still surprise us with its growth :) Best regards, R. Linda!
Long
by RLinda
1
BITCOIN → Stopping after the rally? What next? 125K or 110K?BINANCE:BTCUSDT rose and updated its historical maximum to a new record of 118K with “kopecks” (different prices on different exchanges). Now the price has supposedly stopped and entered a consolidation phase, but it is too early to draw any conclusions based on this alone... Fundamentally, Bitcoin rose following the SP500 and NQ100 indices. The reasons are clearly geopolitical. The correlation level is not high, but the flagship is following the stock indices, which are also updating their historical highs. Technically, Bitcoin has emerged from a two-month consolidation and entered a realization phase. So what's next? Continuation of the phase or correction? Let's take a look. On the daily chart, I would highlight two zones. The risk and sell zone is below 117,500. If the price closes below this zone today/tomorrow, we will most likely be able to look for signals for a possible correction. As part of the correction, we can expect a decline to 115,500, 114,300, or even to the old ATH of 112K. The second zone is the buying zone. A closing price above 118,400–118,900 and consolidation with the gradual formation of a breakout of structure may hint at a possible continuation of growth toward psychological targets. Resistance levels: 118,400, 118900 Support levels: 117100, 116700, 115500 In the chart above, I have highlighted the situations, levels, and zones that interest me more precisely. Now I am waiting for Bitcoin to retest resistance or support and confirm certain levels, based on which decisions can be made. I think that in the near future, Bitcoin will show us where it is headed. Updates will be published as something interesting emerges... Best regards, R. Linda!
Long
by RLinda
52
GOLD → Retest of consolidation resistance. Breakout?FX:XAUUSD is consolidating in a symmetrical triangle pattern. The price is stabilizing amid a falling dollar and uncertainty... Gold is recovering after falling to $3,283 thanks to a weaker dollar and lower bond yields amid concerns over Trump's new tariff threats. The announced tariffs against seven countries, including Brazil and the Philippines, have heightened tensions, partially offsetting the Fed's hawkish signals. Markets are now awaiting new data from the US and speeches by Fed officials, which could influence the further dynamics of gold. Technically, gold is squeezed between the resistance and support of a symmetrical triangle. The price is being aggressively pushed away from support within a bullish trend, but at the same time, gold is testing resistance for the fifth time, which only increases the chances of a breakout. Resistance levels: 3330, 3345, 3358 Support levels: 3308, 3295 If gold continues to storm the local resistance at 3330 and the triangle resistance during consolidation, we will have a good chance of catching the breakout and growth. An additional scenario could be growth after a shake-up of the triangle support and the global trend. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
30
GOLD → Distribution. There is potential for growth to 3450–3500FX:XAUUSD breaks through consolidation resistance and forms a distribution pattern. A breakout of 3345-3358 could lead to another rally amid high economic risks... Gold is rising for the third day in a row amid growing concerns about new tariffs announced by Trump. He threatened to impose tariffs on Canada and most of its trading partners, as well as the EU. Despite the strengthening of the dollar, demand for gold remains strong due to uncertainty and expectations for US inflation data next week. Investors are cautious ahead of CPI and the Fed's possible response The correlation between gold and the dollar is declining, with gold rising due to geopolitical reasons amid high economic risks. If the bulls keep the price above 3300-3345, the market could be extremely positive for 3400-3500. Resistance levels: 3345, 3358 Support levels: 3330, 3308 Gold has broken through the resistance of the “triangle” consolidation pattern and is forming a distribution phase towards the zone of interest 3345 - 3358, from which a small correction may form before growth. Since 3345 is an intermediate level, the focus is on 3358. I do not rule out the possibility of a long squeeze of the support levels 3330, the triangle support, and 3310 before the growth continues. Best regards, R. Linda!
FX:XAUUSDLong
by RLinda
15
EURAUD → Correction for accumulation before growthFX:EURAUD reaches the zone of interest during a correction and forms a false breakdown of local support. Traders can switch to the buy side to support the trend. Against the backdrop of a global bullish trend and a correction in the euro, the currency pair is following this movement, the essence of which is to consolidate funds for further growth. Liquidation is forming in relation to the liquidity zones of 1.785, 1.78, and 1.773, and the market imbalance is changing. The current movement is bringing the price to the zone of interest: the liquidity area of 1.773 and the order block. The capture of liquidity relative to 1.773 leads to the formation of a false breakdown and a pullback to the area of interest for buyers. Accordingly, price consolidation above 1.776 and 0.7 Fibonacci could support the main trend and allow the price to strengthen. Support levels: 1.776, 1.773, 1.763 Resistance levels: 1.786, 1.795 The euro clearly demonstrates an upward trend, the structure of which has not been broken during the correction. Correction is a perfectly healthy movement within a trend, allowing positions to be opened at more favorable prices. If the bulls hold their defense above 1.776, momentum towards the specified targets may form. Best regards, R. Linda!
Long
by RLinda
6
A New Chapter Begins with EURUSD’s ABC Wave Formation!🎯 Hey Guys, I’ve prepared a fresh EURUSD analysis for you. The market has shifted direction, and an ABC wave structure has emerged. I’ve placed a Buy Limit order based on my entry level. Below, you’ll find my detailed target zones and entry specifics: 🟩 Buy Limit Order: 1.17197 🟥 Stop Loss: 1.16903 📌 Targets: 🔹 TP1: 1.17344 🔹 TP2: 1.17538 🔹 TP3: 1.17869 📊 Risk/Reward Ratio: 2.27 Your likes and support are what keep me motivated to share these analyses consistently. Huge thanks to everyone who shows love and appreciation! 🙏
Long
by TraderTilki
1
XRPUSDT → Resistance ahead. Correction before growthBINANCE:XRPUSDT is rising after breaking through consolidation resistance. Bitcoin's rally supported the overall market momentum, but a new resistance zone lies ahead... Bitcoin is testing its ATH and updating it, but is facing pressure and forming a false breakout. A correction in the flagship coin could trigger a correction in XRP, but if Bitcoin continues to storm the 112K area without a pullback, followed by a breakout, the market could find support and continue to rise. After XRP broke through resistance, the coin entered a distribution phase and is testing an important resistance zone of 2.4488 - 2.4772. The inability to continue growth, a false breakout, and price consolidation in the selling zone could trigger a correction. Resistance levels: 2.4488, 2.4772, 2.6524 Support levels: 2.3587, 2.3375, 2.2455 Despite breaking through resistance, XRP is still in a local downtrend. Pressure on the market is still present. The formation of a false breakout will indicate that growth is limited for now. However, if the price consolidates above 2.4772 and begins to break out of the local structure, we can expect growth to continue. Best regards, R. Linda!
Long
by RLinda
12
Brace Yourselves: EURAUD’s Harmonic Storm Is Coming!Good morning, Traders ☀️ I've identified a bullish harmonic Bat pattern on the EURAUD pair. At this stage, I'm only anticipating a reactional buy from the marked zone. I'll determine my target level after observing the market's response from that area. 📌 I’ll be sharing the target details under this post once the reaction unfolds. Your likes and support are what keep me motivated to share these analyses consistently. Huge thanks to everyone who shows love and appreciation! 🙏
by TraderTilki
6
BITCOIN → Market manipulation. Chance for growth to 110KBINANCE:BTCUSDT , as part of a correction triggered by negative news from the US regarding tariffs, is testing liquidity in the support zone. There is a chance of recovery to 110K. Bitcoin is reacting with a decline to fundamentally negative data on tariffs from Trump. Technically, the price is facing support and forming a false breakdown, the purpose of which was to capture liquidity. This could lead to a recovery within consolidation in an uptrend, but again, there are conditions... Countries that have received notification of tariffs are responding positively to cooperation (if this trend continues, Bitcoin could receive a local bullish driver). The market perceives this as positive, and after liquidity is captured, the price could recover to the resistance of the trading range. Resistance levels: 108230, 109690 Support levels: 107500, 106500 Bulls are trying to hold the local interim bottom at 107500. There is a reaction to the false breakdown of support. The focus is on 108230; if the market can break through this level, we will have a chance to grow to 110K. Best regards, R. Linda!
Long
by RLinda
16
Strong USOIL Setup: Long from Support + 4.34 R/RHey Guys, hope you're all doing well! I've placed a limit buy order on USOIL from a key support level. Below are the relevant levels for your reference: - 🔵 Entry Level: 67.424 - 🔴 Stop Loss: 66.803 - 🟢 Target 1 (TP1): 67.908 - 🟢 Target 2 (TP2): 68.456 - 🟢 Target 3 (TP3): 70.036 📊 Risk/Reward Ratio: 4.34 Your likes and support are what keep me motivated to share these analyses consistently. Huge thanks to everyone who shows love and appreciation! 🙏
FX:USOILLong
by TraderTilki
2