Lingrid

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...

Lingrid

BINANCE:ADAUSDT market broke through the psychological level of 1.000, closing above it. Although it retested the previous resistance zone, it encountered a pullback that formed a false breakout. This could signal a potential retest of the area just below the even handle number at 1.000 before the price moves higher. When we zoom out, we can observe that...

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BINANCE:DOGEUSDT broke and closed above the key level at 0.3500, showing strength. Currently, the price action is testing the channel border and resistance within the 0.3700-0.3800 range. It appears the market took liquidity below the previous week's low, potentially creating a false breakout. As such, the market is now testing the previous week's high. We had a...

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The price perfectly fulfilled my last idea. It hit the target. OANDA:XAUUSD is currently trading above the 2700 key level, and as the market approaches the channel border and the upward trendline, there are signs of potential resistance. The price previously dropped from the resistance area before and it is likey that a short-term retracement could occur if we...

Lingrid

The price perfectly fulfilled my last idea. It hit the target. FX:EURCAD is forming ABCD move on the 4H timeframe. The price dropped from this area and it might act as key resistance. If the market manages to push higher toward the 1.48500 level or even above, it could be a opportunity to short alongside the bearish trend by a liquidity grab, where the market...

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OKX:TONUSDT market made a false breakout of the previous week's low. Currently, the price is testing the downward channel border, suggesting a potential breakout in the market. On the daily timeframe, the multiple downside spikes indicates buying pressure from support levels, which could be sign of a potential shift in market sentiment. I think the market may...

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BINANCE:SHIBUSDT moved lower, forming an ABCD pullback. It created a false breakout of the last three weeks' lows, resulting in a long-tailed bar on the weekly timeframe. The market has respected the downward trendline and recently bounced off it. With the price rolling back above the PWLs, there is a possibility that it may retest that level again. When zooming...

Lingrid

FX:EURUSD market recently made a false breakout above the resistance zone at 1.03200-1.03300. On the daily timeframe, the bearish trend remains intact. In response to the news release, the price dropped, and I think this downward momentum will persist, driving the price to lower levels. Furthermore, the market broke and closed below the upward trendline, which...

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The price perfectly fulfilled my last idea. It hit the target. OANDA:XAUUSD market moved lower, forming a false break of the downward trendline, as I mentioned yesterday. The price is now rolling back toward the support level around 2650. I think the price may dip below the previous day's low and then bounce back if the upcoming news does not push the market...

Lingrid

The price perfectly fulfilled my last idea. It hit the target. FX:EURGBP recently tested the November high, resulting in a false breakout on the 4H timeframe after taking liquidity above the 0.84500 level. The market printed five consecutive bullish days, but at this point, we may see some retracement. Although the price has continued to make higher highs,...

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FX:AUDCHF is currently trading within a downward channel and has recently formed a new lower low. The price is now approaching the resistance zone and the upper channel boundary after bouncing off the support level. I expect a pullback and a retest of the support level, followed by additional downward momentum. This expectation is supported by the 4H timeframe,...

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BINANCE:BTCUSDT market is currently moving sideways, and I think it may continue this trend until the presidential inauguration. Additionally, the price has formed an ABCD pullback from the all-time high, with the D point completing around the support level of 86,000. The market has tested the 91,000 support level three times; however, there’s a possibility that...

Lingrid

BINANCE:ETHUSDT market recently dropped and tested the psychological level of 3000. It briefly broke through the previous support level but then pulled back. However, we’re not seeing any bullish momentum from this area, indicating there may be fewer buyers. As a result, the market could establish a range zone for accumulation. I think the market is likely...

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OANDA:XAUUSD market closed above the highs of the past three weeks, forming a nice ABCD pattern. This suggests that the price may be gearing up to test the psychological level at 2700. Looking to the left on the chart, we can see that this area has acted as a resistance level twice before. Given the current consolidation phase, it's possible that the price may...

Lingrid

The probability theory suggests that under perfectly equal conditions, your trades should be successful 50% of the time. However, market conditions rarely offer such perfect equality. During an upward trend, for instance, you might open ten short positions only to find them all unprofitable. This illustrates why probability theory alone doesn't translate well to...

Lingrid

The price perfectly fulfilled my last idea. It hit the target. FX:EURUSD continues to make lower lows and lower closes. It formed a long-tailed bar on the weekly timeframe, suggesting that the market may drop below the key level of 1.0000, or at least retest it. On the 4H timeframe, the market closed below the previous lower low at 1.02225. Considering that the...

Lingrid Updated 

The price perfectly fulfilled my last idea. It hit the target. FX:EURUSD market continues to push to lower levels. The price formed a notable double top before dropping after testing the downward trendline. It initially tested the high zone from the previous week, then declined, breaking and closing below the previously respected support level at 1.03500....