Lingrid | GOLD Breakout of the COMPRESSION ChannelYesterday's release of high impact news sparked a surge in the OANDA:XAUUSD market, propelling it above the crucial resistance zone at 2350 and out of the compression channel. This break also cleared the previous week's high. I think, the ideal scenario would be a retracement to the broken trendline level, setting the stage for a continued upward movement. I expect a pullback towards the 2350 key level, where we can assess the situation and look for confirmation of a buying opportunity before targeting the round number at 2390. My goal is the resistance zone around 2382.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Signalservice
Lingrid | BITCOIN quick PULLBACK from the RESISTANCEThe price perfectly fulfilled my last idea. It hit the target zone. BINANCE:BTCUSDT has finally hit the strong resistance level on the daily timeframe, a barrier that has been holding price movements since March. Despite the overall bullish trend, I anticipate a potential quick retest of the support level as the price action appears to be losing momentum. The absence of significant buying pressure, marked by the lack of large bullish candles, suggests that the market may be poised for a correction. With the price approaching the previous month's high, we may witness a bearish move from this area. I expect a short-term pullback to a key level, where the market may reassess its trajectory. My target is the support level at 70,000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | ETHUSDT continuation of the UPTREND. LongBINANCE:ETHUSDT has broken out of its range zone and triangle pattern, propelling the market upwards with a new extension. Currently, the market is trading above the 3700 level, indicating a strong bullish momentum presence. If price experiences a pullback to support level and downward trendline, I believe it may be an opportunity to buy as the market's upward trajectory is gaining strength. The recent update of swing highs and higher lows suggests a strong bullish momentum. On the weekly timeframe, a significant candle has formed, creating a large buying area from 3700 to 3000. Given the market's break of the range, I expect to see a pullback followed by an ABC correction and subsequent continuation of the uptrend. My goal is the resistance zone at 3930.00
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | AUDCAD divergence at RESISTANCE zone. ShortThe price perfectly fulfilled my last idea. It went up and hit the target. FX:AUDCAD has recently tested the resistacne level and bounced back, indicating a strong defense of this key area. Notably, the price has also rejected the zone by absorbing liquidity above the previous higher high, suggesting a potential reversal. Furthermore, the daily chart is displaying a divergence at resistance, hinting that we might see a correction in the coming days. On the 4H chart, a long-tailed candlestick pattern emerged, indicating that bulls were heavily sold off, leaving us with a clear indication of market weakness at resistance. Given these factors, I expect that the price will break through the upward trendline and retest the support level, potentially leading to a reversal or consolidation. My target is support level at 0.90800
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Lingrid | EURUSD Possible Selling OPPORTUNITYThe price perfectly fulfilled my previous idea. It hit the target level. The market reached the resistance zone and then pulled back. FX:EURUSD is currently trading near the channel boundary, and I believe it's likely to break through it due to the significant sell pressure that has been building up from above. The price action has already taken out liquidity above the highs of the past three weeks, which suggests that the market may be poised to move lower. My expectation is that we'll see a two-legged pullback form, which would be triggered by a breakout of the channel. I expect a rejection of the resistance level, which would signal bearish dominance and provide a clear signal to sell the market. My goal is to support level around 1.08443
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Alikze »» ORDI| Return PRZ zoneIn the analysis of the previous post, the alternative scenario occurred and it exited the ascending channel at the 12H time.
💎 But now a multiple compound correction has occurred as seen in the chart.
💎 In the last correction, a 5-wave downward correction was made, which led to channel failure. After that, it faced a demand that is currently suffering in the PRZ area.
Therefore, two behavioral scenarios can be imagined for it in this range.
💎 First scenario: If it can break the current range upwards, it can grow to the specified areas of the next PRZs, which are important areas that can reverse the price.
💎 The second scenario or alternative scenario: But if a break cannot be made in this area and a candle closes above it, the second or alternative scenario will be the continuation of the correction to the next areas.
💎 In addition, if the neck line or the PRZ-1 area is touched, it can create an upward scenario that can re-enter the channel. I will update the post.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
»»»«««»»»«««»»»«««
Alikze »»STX | Ascending channel 1HIn time 1H, it is moving in an ascending channel.
💎 The last bullish leg after an unsuccessful break in the supply area of the previous wave has been corrected, which has extended to the green box.
💎 If the area is maintained, it can grow first to the middle of the channel to break the swing and then to the 2.24 range. In the future, it can continue this growth by maintaining the middle of the channel to the top of the channel.
💎 Alternative scenario: In addition, if the green box area is broken, it can continue the correction to the bottom of the channel and then to the range of $1.95.
»»»«««»»»«««»»»«««
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
»»»«««»»»«««»»»«««
Lingrid | SOLUSDT long from RANGE zoneThe price perfectly fulfilled my last idea. It hit the target zone. BINANCE:SOLUSDT 's recent surge saw it break and close above the crucial 170.00 level, delivering a significant bullish signal. Moreover, the market is poised to breach the range zone, which could lead to a breakout. If the market moves above the previous resistance at 175.00 suggests a strong upward momentum. If the market pulls back to the broken level and rejects it, we can expect the current trend to continue, potentially leading to a retest of the resistance at 175.00. My target is the resistance zone at 188.50.
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
Alikze → BNB | Upward wave 5 scenario Upward wave 5 scenario Or The end of wave 4 of erosion correction
In the weekly time, the current corrective wave, which is a 4-erosive corrective wave, according to the break of the 250 range, seems to have ended and it can be shifted to the support of the $313 range. Therefore, according to the failure of the current supply area and the dynamic trigger of any correction up to the Fibo area of 1.618 and the range of $313, it can be a pullback to continue the upward path for the specified areas. If the behavior and structure of the post changes, it will be updated.
🟩Sup: 313 ~ 331
⛳️Tp 1:375 ~406
⛳️ Tp2 : 437 ~ 460
⛳️ Tp3 : 608 ~ 615
-----------------
Please support this idea with a LIKE and COMMENT if you find it useful and Click "Follow" on our profile if you'd like these trade ideas delivered straight to your email in the future.
Thanks for your continued support.
Sincerely.❤️
Lingrid | GOLD sideways MOVEMENT. Short The price perfectly fulfilled my last idea. After the market broke through the resistance level, it made an impulsive move downward. OANDA:XAUUSD closed below the significant level of 2330 suggests a continued range-bound market until the New York session. However, if the price pulls back from the resistance zone and the upward trendline, I expect a potential selling opportunity. This is because the price has repeatedly bounced off this level in the last days, and the recent big bearish candle that broke through it is a clear indication of its importance. In this scenario, I anticipate the price to retest the equal lows. My goal is the previous support level at 2315.000
Traders, if you liked this idea or if you have your own opinion about it, write in the comments. I will be glad 👩💻
CKBUSDT(Nervos Network) Daily tf Range Updated till 05-06-24CKBUSDT(Nervos Network) Daily timeframe range. its been stuck within 0.014592-0.019687 for a while now. staying above 0.014592 will eventually clear 0.019687. if that gets cleared till 0.025146 is open. for now needs to stay above 0.014592.