Lingrid | GOLD surges ABOVE 2600 level. OPPORTUNITY to go LongThe price perfectly fulfilled my last idea. It hit the target level. OANDA:XAUUSD made an upward extension by breaking and closing above the psychological level of 2600. Given that today is Friday, a day when the market typically experiences retracement or becomes range-bound, I anticipate some consolidation above this level. I expect a pullback, as the market has started to form smaller candles, indicating a pause or loss of momentum. I expect the market moving below the psychological level to take liquidity before continuing its upward trajectory. My target is resistance zone around 2621
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Signalprovider
Lingrid | TONUSDT Price ACTION Before the anticipated ALTSEASONThe price perfectly fulfilled my last idea. OKX:TONUSDT has bounced off the support level and is now trading just below the key round number of 6.00. Currently, the market is in an accumulation phase, and a breakthrough of this critical level could trigger a bullish run. This hints that the market may be gearing up for the upcoming altseason. Presently, the price action is forming a compression channel in the shape of an ascending triangle. The upward trendline below has supported the price for about a week, and if the price retests both the support and the trendline, I anticipate a bounce and a continuation of the upward momentum. My target is resistance zone at 6.180
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Lingrid | GOLD bullish MOMENTUM in the MARKETThe price perfectly fulfilled my last idea. It hit the target. Currently, OANDA:XAUUSD is testing last week's high, and there's a possibility of a short-term pullback. On the 4H timeframe, the market has closed bullish, indicating strong bullish momentum. Since the market bounced off the 2550 support zone that I highlighted in my last post, I believe it may continue moving higher, potentially surpassing the 2600 level, as there appears to be minimal resistance aside from the round numbers. Following the recent FED rate cut decision, it seems likely that the price could eventually reach the 3000 level. I view any short-term pullback as an opportunity to go long in this market. My target is resistance at 2605
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Lingrid | ETHUSDT potential Channel BREAKOUT. LongBINANCE:ETHUSDT has been in a consolidation phase since the beginning of this month, by forming higher lows, which suggests buying pressure. On the weekly timeframe, the formation of a double bottom is a strong indication of a potential reversal. While I believe the market may consolidate a bit more before start of the bullish trend, it’s also likely to establish a range zone below the channel border before breaking out. If the market breaks and closes above the previous week high we can expect further upward momentum. My target is resistance zone around 2597.00
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Lingrid | EURUSD watch for a Potential Channel Breakout FX:EURUSD initially dropped below the previous support level but quickly bounced back, closing above the psychological level of 1.11000. This swift recovery suggests strong buying interest at that level. From a broader perspective, the downward channel appears to be a flag pattern, which often indicates a potential breakout. I believe the market is poised for a breakout from this channel, with a likely retest of the resistance levels ahead. On the weekly timeframe, the formation of a long-tailed bar indicates potential trend continuation, reinforcing the bullish outlook. Given that the major trend remains bullish, I anticipate further movement to the upside as the market continues to build momentum. My target is resistance zone around 1.11940
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Lingrid | GOLD Weekly Market Outlook: Price Hit All-Time HighThis week OANDA:XAUUSD surged to an all-time high, fueled by increasing expectations of a potential interest rate cut from the Federal Reserve. The price rose over 3%, marking its strongest weekly gain since August. This optimism is driven by concerns about inflation and global uncertainty, which have led to expectations of a rate cut aimed at stimulating the economy. The market has now entered a new range between 2550 and 2600, where it may oscillate in anticipation of the Federal Reserve's rate cut decision next week.
Given that we have high-impact news scheduled for next week, especially for Wednesday, I expect the market to consolidate by forming a trend continuation pattern. However, Monday may start with a pullback toward the support level, considering that price action has made a 1-2-3 movement, after which a correction typically occurs. Overall, I will maintain a bullish outlook with the expectation of a short-term pullback. A rate cut by the Federal Reserve would likely boost gold prices further, potentially driving them toward 2600 and even higher. The underlying fundamentals, including inflation concerns and economic uncertainty, support this bullish sentiment, and any signs of a rate cut could reinforce the upward momentum in the market.
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Lingrid | GBPAUD Trend Continuation OpportunityThe price perfectly fulfilled my previous idea. It reached the target level. FX:GBPAUD is making lower lows and lower closes on the 1H timeframe, forming a potential ABC formation. Over the past two weeks, the market has been within a weekly range, suggesting that the price is in a consolidation phase. Furthermore, it has broken and closed below the 1.95000 level and the upward trendline. I anticipate that the market will pull back toward the resistance zone before moving downward toward the support level. My target is support level at 1.93820
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Lingrid | DOGEUSDT stays Above KEY Level of 0.1000The price perfectly fulfilled my previous idea. It reached the target level. BINANCE:DOGEUSDT has successfully broken and closed above the psychological level at 0.1000. Currently, the price action is consolidating and continues to bounce off this key level. It seems that the market has taken liquidity from below the psychological level, creating a false breakout. Since the beginning of August, the market has been in a consolidation phase, and I expect the price to move toward the top of the range by breaking through the downward channel. My target is resistance zone around 0.10800
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | EURCAD breakout and RETEST Trading StrategyThe price perfectly fulfilled my last idea. It hit the target. Recently, the FX:EURCAD broke and closed above a downward channel, by forming a ABC move. This bullish breakout is significant as it reflects a shift in momentum after a period of downward trend. The market has reached a critical area where previous sell-offs occurred, which suggests that there may be some resistance at this level. Given this context, I anticipate a short-term pullback as the market may seek to retest the channel's upper border before continuing its upward trajectory. Importantly, the major trend remains bullish on the daily timeframe, supporting the idea of a continuation trade following the anticipated pullback. My target is resistance zone around 1.52000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | DOGSUSDT opportunity to BUY at Support ZONESince the initial launch of the meme coin BINANCE:DOGSUSDT , the price has experienced a significant decline of nearly 50% from its ATH, presenting a potential buying opportunity at discounted prices. However, the recently price has broken and closed below the key psychological level of 0.001, which is a concerning sign for bullish momentum. Currently, the price is testing another significant round number at 0.0009. Given the overall bearish sentiment in the cryptocurrency market during this correction phase, I anticipate that the price may dip below this level as well. The consolidation zone suggests that the market is experiencing indecision, but it may lead to further downside before making any upward movement. It's possible that the market could form a false breakout of the previous support level before reversing direction. This could trap sellers who enter the market expecting continued declines. If the market does push below 0.0009 and then quickly rebounds, it could create a potential buying opportunity. My target is resistance zone at 0.0011
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
My New Signal Strategy Has 100% Accuracy!Traders,
This is insane! My jaw literally dropped when I back-tested my new signal strategy. While I was playing around on the charts, as I do, with a couple of different indicators, by sheer chance I discovered a combination of indicators that I had never seen or heard any trader ever discuss. I had seen them discussed individually. But no one that I know has ever paired the two indicators. And while I was tracking the signals that they threw at me after some customization, I noticed something that I could not believe! In back-testing the combination on a daily basis, they showed 100% accuracy on Bitcoin for the last 2 years! I repeat 100%!
Now, I know my critics will be quick to point out that many indicators will repaint. And yes, this is true. My indicator system does also repaint. However, even with the repainting, the system still can be utilized with a +90-95% success rate pending assets.
This is why I have told all of my subscribers that I am completely ditching my old model of trading which involved an abundance of work analyzing, drawing levels, drawing trend lines, drawing patterns, and other manual activities. I will throw all of that away and replace it with this new signal model and I plan to implement this model completely starting in October.
But before then, I have a little work to do and so I wanted to at least give you all (especially my faithful paid subs ...love you guys!) a sneak peek of what I am looking at.
So, here it is.
The green vertical lines show us where we receive our buy signal. The red vertical lines show us where we are told to sell. In this example, I go one year back to September of 23 but you can go all the way back to September of 22 and still see 100% signal accuracy. I did not track it farther back than this. I am already ecstatic to have found this kind of success rate!
I also tracked the time between trades. We start with our longest trade entry on September 12th, 2023. That's held for 103 days until we are given a SELL signal indicated by the vertical red line. At that point, we can go short or just sit the sidelines. It is another 33 days until we are given a BUY. You get the idea.
The average time per trade is definitely longer than our current average of 15 days. But will you all mind with this kind of success? I am assuming not.
One more thing to note and something I think is cool is that the indicator often gives 2 or more chances to buy or sell. This means that if you follow my channel and miss a signal immediately, that may be okay. You might actually have a second chance for entry such as most recently with Bitcoin. It has given us two chances to BUY thus far since August. And yes, I just gave away a free signal.
You're welcome.
Can't wait to implement this system ya'll. Hope you'll be as excited as I am rn once we work out a few of the wrinkles.
More to come.
Stew
Lingrid | BITCOIN Price Squeeze: Tension Builds for a BREAKOUTBINANCE:BTCUSDT appears to have found support in the 54000 - 53800 area, as evidenced by three fake breakouts on the daily timeframe. This indicates that this level holds significant importance; each time the price dipped below 53800, it closed above it afterward. I believe the market may remain in a range until the Federal Reserve's rate cut decision on Wednesday. Currently, we are seeing the formation of a giant triangle pattern characterized by a series of lower highs and higher lows, suggesting that the price is coiling up in before an extension. Given this setup, I expect the market to oscillate within this range until we receive clarity from the Fed's decision. The tension in the market could lead to a volatile breakout in either direction once the decision is announced. My target is resistance zone around 65000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | GBPCAD in consolidation zone. ShortFX:GBPCAD is currently fluctuating near the main resistance level and the upper boundary of the consolidation zone. The price has shown impulsive movements, oscillating between support and resistance levels. I believe the price may decline from the resistance, as the market has rejected this level and is likely to move downward to retest the support level. My goal is to support level at 1.77780
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | GOLD counter-TREND Trading: Short-term PULLBACKThe price perfectly fulfilled my last idea. OANDA:XAUUSD reached an all-time high of 2570, hitting both the resistance zone and the channel border. With no high-impact news today and given that it’s Friday, there's a likelihood that we might see a pullback, as markets often make corrections at the end of a trending week. Additionally, the price action appears to be decelerating as it approaches the resistance zone, indicating potential weakness. Considering that markets move in ebbs and flows, there’s a good chance that we could see a retest of the 2550 support level before any further upward movement. My target is support zone around 2544.800
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻