Lingrid

Lingrid

OANDA:XAUUSD market closed above the November high. On the weekly timeframe, we see four bullish candles, with last week showing acceleration as the price approached the resistance zone. When testing this zone, the price did not react sharply, indicating that sellers may not be ready to act in this area. On the weekly chart, we have a strong close with a bullish...

Lingrid

Market dynamics are mainly driven by the interaction between available assets and market demand. These forces are shaped by both retail participants and professional market makers. Public sentiment reacts strongly to media coverage and market news. When negative speculation (FUD) spreads, it tends to cause selling pressure, while positive news stimulates buying...

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BINANCE:ARBUSDT market is currently consolidating around the 0.7000 price level. Trading below the downward trendline, and break above this may signal a potential end of pullback in the market. A similar pattern has been observed in other markets, where the markets made fake breakout of the December low saw. In this scenario, I anticipate the market may dip below...

Lingrid

As I mentioned yesterday, the OANDA:XAUUSD moved higher, resulting in a bearish divergence on the 4H timeframe. On the weekly timeframe, we observe even more significant bearish divergence. Given that we have high-impact news today, we should exercise caution, as the price may experience spikes. Currently, the price is testing the channel border, and I expect a...

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FX:EURJPY market has broken through the resistance zone and is now moving toward the main resistance level. Overall, the market is currently in a range zone on the daily timeframe, with the price updating its swing highs at resistance and forming a distinct range. The market recently bounced off the support level and the trendline that had kept the price below...

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OKX:TONUSDT market took liquidity below the December low and then bounced off the support level by forming a fake break of the psychological level at 5.00. Recently, the price made a fake breakout of this support level and I believe the market may gradually move higher. If we examine the price action in November at this level, we can see a similar pattern...

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The price perfectly fulfilled my previous idea. It reached the target. FX:CHFJPY market has reached the resistance zone at 173.000, where it has formed a bearish divergence, indicating that the market may be losing momentum. Given that this level is a strong resistance zone where the price has previously dropped, there is a higher likelihood of a reversal or a...

Lingrid Updated 

The price perfectly fulfilled my last idea. It reaced the target zone. As I mentioned previously, the price is approaching November high and last year's, which is also the all-time high level. I think at the resistance zone around 2770-2780, there’s a good chance the price will bounce, creating a small pullback. I expect the market to seek liquidity above the...

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The price perfectly fulfilled my previous idea. It reached the target. BINANCE:PEPEUSDT market is forming a lower high with relatively equal lows, indicating a price squeeze. The price is pulling back towards the consolidation zone, and below that lies the December low, which I believe the market may dip below. On the daily timeframe, the market appears to be...

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The price perfectly fulfilled my last idea. It reaced the target zone. FX:EURUSD is moving toward the resistance zone; however, the overall trend remains bearish on the higher timeframes. There is a possibility that the market might move down if it rejects psychological resistance zone at 1.05000 and the upper border of the channel. The market bounced off this...

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BINANCE:AVAXUSDT pulled back towards the key support level at 30.00, where it has bounced off twice, forming a consolidation area that could be an accumulation. Observing the current price action, we notice that it's forming lower highs and maintaining equal lows, suggesting that the price may dip below this level to absorb liquidity. On the daily timeframe, the...

Lingrid Updated 

OANDA:XAUUSD market had three bullish weeks in a row, eventually reaching a December high. However, the lack of a strong reaction indicates that we did not have the typical “bulls take the stairs, bears jump out of window” scenario from this level. The market tested the resistance zone around 2710-2720 and made a small pullback, and there is a possibility that it...

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FX:EURUSD market made an upward impulse during the London session, as the TVC:DXY dropped and created a significant gap. On the daily timeframe, the price formed a strong bullish candle, moving above last week's high. It also pushed higher above the swap zone around 1.03400. Looking left, we can see that the price has respected this level multiple times and...

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OANDA:XAUUSD market has moved higher and nearly reached the target level. However, the price is pulling back and has created a false breakout of the previous resistance zone on the 1H timeframe. Overall, the market is creating higher highs and higher lows, leading me to believe that it will continue pushing to higher levels. That said, on the 4H timeframe, we are...

Lingrid

BINANCE:BNBUSDT is currently moving sideways following the significant surge in December. The price is oscillating between the levels of 730 and 640. On the weekly timeframe, the consistent formation of doji candles suggests indecision in the market. The price action appears to be forming a potential bullish flag pattern, which typically indicates a continuation...

Lingrid

Is greed helping or hurting your trading? While closing trades too quickly for small profits isn't ideal, neither is holding positions too long hoping for bigger gains. Let's explore how to find the right balance between healthy ambition and destructive greed. 📍 Understanding Healthy vs. Unhealthy Greed Some greed can be good - it drives us to achieve goals...

Lingrid

FX:EURUSD has been moving sideways for the past couple of days. The market is pulling back toward the resistance zone after a fake breakout of the support level. It appears that the price is forming an ABCD pullback, as it has not moved significantly lower than the resistance zone at 1.03500. Additionally, a doji candle has formed on the weekly timeframe, which...

Lingrid

BINANCE:BTCUSDT market has moved above its all-time high and is breaking through the channel, making higher highs in the process. After spending more than two months moving sideways, I believe the market is poised for a surge. The price is already displaying bullish momentum, which suggests that this week could mark the beginning of a bull run.I anticipate that...