Lingrid

Lingrid Updated 

The price perfectly fulfilled my previous idea. It hit the TP. OANDA:XAUUSD made a sharp decline after FED rate decision and FOMC. The price broke and closed below the lows of the past three weeks, which could lead to a fake breakout, so we should closely monitor the price action. Additionally, it broke and closed below the trendline that had supported the price...

Lingrid

FX:EURGBP market is oscillating between the support zone at 0.82300 and the resistance zone at 0.83300. Currently, the price has bounced off the support level and is approaching the upper boundary of the consolidation zone. There is a strong chance that the market will rebound at the resistance level, where the upward trendline and the resistance zone around...

Lingrid

OKX:TONUSDT is moving lower following a sell-off in the crypto market. It is approaching a support level where it previously bounced back, forming a spike, and is near the round number of 5.00. It may consolidate above this level, but I believe the market is likely to dip slightly below it after having surged from the support zone beneath 5.00 before. I expect to...

Lingrid

FX:EURUSD dropped after the news was released and is now pulling back toward the resistance zone. The price is slowing down and forming rejection candles, indicating a potential reversal at this resistance zone. On the 1H chart, the price is showing an ABCD pullback pattern. Given the bearish sentiment, I believe the market might continue to move downward. I...

Lingrid

The price perfectly fulfilled my last idea. It hit the target level. The recent sell-off in the entire crypto market, led by BTC, had a significant impact on altcoins as well. BINANCE:TRXUSDT has pulled back toward a key support level and the upper border of an upward channel. A fake break of the round number at 0.300 suggests that there was not enough strength...

Lingrid Updated 

The recent movement in the OANDA:XAUUSD market indicates a period of consolidation after the initial upward momentum and the following pullback suggests that the market may not yet be ready to continue rising. It is important to note that the market is still trading within the range of the previous monthly candle. If you look at the last few months of the...

Lingrid Updated 

OANDA:XAUUSD is moving sideways after the recent bearish momentum, forming small range candles which means a pause before the next move. Based on the current behavior, I think the market may initially move above the previous day's high before turning lower towards the support level at 2600. Additionally, the price is testing a global upward trendline that I noted...

Lingrid Updated 

The price perfectly fulfilled my last idea. It hit the target. FX:EURCAD made upward extension, moving above the psychological level at 1.5000. On the daily timeframe, the price has reached a strong resistance zone, which may trigger a price rebound as sellers start to step in. On the 1H timeframe, there is a bearish divergence that reinforces this bearish...

Lingrid

The price perfectly fulfilled my last idea. It hit the target. BINANCE:BNBUSDT is currently moving sideways following the surge at the beginning of December. The lower highs and higher lows indicates that the price action is narrowing, suggesting a potential triangle pattern. This pattern is typically viewed as a trend continuation signal. The market is likely...

Lingrid

The price perfectly fulfilled my last idea. It hit the target. FX:AUDCAD is currently moving sideways, indicating a choppy market. On the weekly timeframe, the last candle is a large doji, which signifies indecision in the market. Currently, the price is pulling back towards the resistance zone at 0.91000, following a bearish impulse leg. I think there is a...

Lingrid

The price perfectly fulfilled my last idea. It hit the target. BINANCE:ETHUSDT is currently hovering around the significant psychological level of 4000. The price tested this zone two weeks ago and is now retesting it again. After making a false breakout of the previous week's high, there's a chance the price may either pull back or trade sideways in the short...

Lingrid Updated 

The price perfectly fulfilled my last idea. It hit the target level. BINANCE:BTCUSDT has reached a new all-time high, breaking through a trend continuation pattern that is prolific in this market. The long-tailed bar on the weekly timeframe suggests the potential to reach the 115,000 level in near future. Currently, the market has made an impulse move upward and...

Lingrid

FX:EURUSD bounced off a support level, influenced by a day of significant news regarding the Euro. Overall, the market is in a consolidation phase as we approach the end of the year. It appears likely that the market will remain within last week's trading range. However, if we see a rejection signal at the support level and the downward trendline, we could expect...

Lingrid Updated 

BINANCE:BTCUSDT made a sharp downward spike before the market stabilized. Prior to this movement, the price formed a triangle pattern. Currently, the price is pulling back to retest the midpoint of the pattern, which often acts as a support and resistance zone. On the daily timeframe, the market dipped below the previous daily low, indicating a potential upward...

Lingrid

In the world of trading, the crowd effect is a serious psychological obstacle that often causes traders to lose their way. This phenomenon, where traders make decisions based on the majority's actions rather than their own analysis, can result in impulsive buying or selling. As many traders point out, such decisions often end in financial losses. 📍 ...

Lingrid

The price perfectly fulfills my last idea. It hit the target level. BINANCE:SUIUSDT pulled back without reaching the psychological level of 5.00. Instead of making a new higher high, the price formed a double top and rolled back. I anticipate that the market may pull back toward the support level around 4.00. If the price bounces off this support level or...

Lingrid

The price perfectly fulfills my last idea. It reached target. OANDA:XAUUSD is currently pulling back toward lower levels. The market has formed equal lows, and the price may drop below these equal lows before pushing into higher zones. I believe if the price rejects the support zone around 2665 and the upward trendline, there is a good chance the market will...

Lingrid

FX:GBPUSD has broken out of the upward channel and may pull back to retest both the channel and the resistance zone at 1.26500. The market was previously in a range before breaking through a support level, which led to a strong bearish impulse leg. The price has respected this level by rebounding, resulting in several fakeouts and long-tailed bars. And recently...