Lingrid

Lingrid

The price perfectly fulfilled my last idea. It hit the target. FX:CADJPY has tested the 110.600 resistance zone three times but ultimately bounced off this level after forming a range zone. Given the significant bearish daily candle, I believe the market may head lower. The recent price action has also seen the price break and close below the upward trendline...

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The price perfectly fulfilled my previous idea. It hit the target zone. OANDA:XAUUSD has reached another all-time high after breaking and closing above the triangle pattern. The market has been forming small candles, which may indicate a potential pullback, especially with high-impact news scheduled for today that could influence market volatility. I believe the...

Lingrid

FX:AUDUSD showed bullish momentum after bouncing off the support level, following a bullish divergence at that point. The market's recent move upward, particularly after taking liquidity below the 0.65500 level, suggests a short-term shift in sentiment. I expect that the market may be forming an ABC pattern heading toward the resistance zone, which could lead...

Lingrid

BINANCE:BNBUSDT is currently consolidating below the psychological level and has formed a double top, indicating a potential pullback to the support level. If we zoom out, we can see that the price action is creating an ascending triangle pattern making higher lows. I expect the market to continue consolidating between the 570 and 600 levels before a breakout the...

Lingrid

FX:GBPUSD broke below the previous support level but has formed an inverse head and shoulders pattern at the psychological level of 1.3000. As the market approaches this level, it has been decelerating and it created bullish divergence. The price bounced off the channel border and has closed above the psychological level making higher lows. Additionally, since...

Lingrid

The price perfectly fulfilled my previous idea. It reached the target. BINANCE:PEPEUSDT has created a fake break of the previous support level by forming a double bottom. It has been consolidating since the beginning of this month following the impulse move. If you take a step back and look at the daily timeframe, you'll notice that the price has formed an...

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OANDA:XAUUSD spent half of the week trading sideways between the 2710 and 2750 levels, remaining within Wednesday's range. This sideways movement created liquidity above and below these levels, and if the market tests these zones, we can anticipate some volatility. On the weekly timeframe, the market formed a small candle, indicating a pause in the bullish...

Lingrid

The price perfectly fulfilled my previous idea. It reached the target zone. FX:NZDCAD is currently making lower lows and lower closes, indicating a strong bearish momentum. The price has been oscillating around the psychological level of 0.8300. Typically, markets tend to consolidate near key levels before a breakout, and given the overall bearish trend, it...

Lingrid

The price perfectly fulfilled my previous idea. It hit the target level. BINANCE:ETHUSDT has been consolidating on the daily timeframe since August, recently forming higher lows. However, it failed to break through the previous resistance zone, resulting in a fake breakout followed by a pullback. When zooming out, it appears there is accumulation occurring...

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The price perfectly fulfilled my previous idea. It hit the target. On the daily timeframe, BINANCE:DOGEUSDT has broken and closed above the channel, which is a bullish sign. Additionally, it has moved above the previous high, indicating a potential shift in market structure. Last week, the market showed strong bullish momentum by breaking out of the...

Lingrid Updated 

The price perfectly fulfilled my last idea. It hit the target level. FX:AUDCAD created a lower high and formed a double bottom. Overall, the trend appears to be moving sideways on the 4H timeframe. I believe the market is forming a descending triangle pattern, which suggests that the double bottom may be retested. I expect the market to move higher toward the...

Lingrid

In the world of trading, cultivating a positive mindset is essential for unlocking opportunities and maximizing potential outcomes. Positive thinking in trading involves recognizing prospects in every situation, learning from mistakes and setbacks, and nurturing a steadfast belief in your abilities and goals. Traders with a positive outlook tend to be more...

Lingrid

BINANCE:BTCUSDT is forming a triangle pattern after breaking through the downward channel on the daily chart. This pattern typically indicates a continuation of the current trend. It’s important to note that this pattern is developing just below the psychological level of 70,000, suggesting that the market may be preparing for a breakout. The previous weekly...

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BYBIT:SUIUSDT made an impressive surge from the 0.75 level to its current levels. However, with the market having made a fake breakout above the previous resistance zone established in March, there is a likelihood of a pullback. Given that the price has moved up significantly without any notable pullbacks, a correction seems probable. Estimating a pullback in the...

Lingrid

FX:GBPCAD broke through both the resistance level and the downward trendline, signaling a bullish market trend. I anticipate a classic breakout retest followed by a continuation of this upward movement. Analyzing the daily timeframe, we can observe that the market is making higher highs and higher lows, which reflects robust buying pressure. As the price...

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OANDA:XAUUSD formed a deeper pullback following the news release yesterday and has since bounced off a support level, which may indicate a potential entry into a consolidation phase. With another packed schedule of news events today, we could see volatile moves and spikes in the market. I anticipate that the market may pull back to take liquidity below the...

Lingrid

The overall market trend is bullish, and we've observed a complex pullback toward the lower channel border. On the 4H timeframe, FX:AUDJPY broke and closed above the previous higher high, reinforcing the bullish sentiment. At the support level, there was a divergence that suggests a potential upward move is on the horizon. Additionally, recently the market took...

Lingrid

BINANCE:TONUSDT is currently experiencing a prolonged sideways movement above the psychological level at 5.00, forming a range between 5.00 and 5.40. This indicates potential liquidity under this range, particularly at the round number of 5.00. It's likely that the market may continue to move sideways for a while before taking this liquidity. Additionally, the...