Lingrid | TONUSDT gives a SIGN of UPWARD MomentumAfter Binance announced the listing of OKX:TONUSDT , the price surged significantly. Looking at the weekly timeframe, the chart appears promising, especially with the formation of a large long-tailed bar. Currently, the market is testing the channel boundary, which marks the edge of the correction we've been experiencing since early July. If we zoom out, we can observe that the market surged from this support area back in May. Therefore, I believe the market may form a consolidation box before breaking through the channel and moving higher. My goal is resistaance zone at 7.200
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Lingrid | EURUSD reached PSYCHOLOGICL level at 1.1000FX:EURUSD has broken above the key resistance level of 1.1000, following the recent news that weakened the TVC:DXY . This move is characterized by the formation of higher highs and higher lows, indicating strong bullish momentum. Looking to the left, we can see that the price is now testing a previous resistance zone from which it fell sharply before; therefore, a pullback is a possibility. With high-impact news today, the market may continue to expand upward. If the price does pull back to the support level below this psychological level, it could create potential buying opportunities. I expect a rejection at the support level, which would likely be followed by an upward move. My goal is the resistance zone around 1.10500
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Lingrid | PEPEUSDT fake BREAKOUT of the monthly LOWBINANCE:PEPEUSDT has recently formed a fake breakout of the support level. Looking left, we can observe a similar pattern where the price moved sideways before breaking through, creating a candle with a long wick that signals a rejection at that level. After this consolidation period, the market surged. Currently, we see a similar setup: a candle with a long wick that broke below the support level but quickly recovered. If we shift to the monthly timeframe, it becomes evident that the price took liquidity below the low from May. Based on this analysis, I expect the price to consolidate for a bit before making a gradual bullish move. My target is resisatnce zone around 0.00001100
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Lingrid | AUDCAD losing BULLISH momnetum. ShortThe price perfectly fulfilled my last idea. FX:AUDCAD is making higher highs on the 1H. However, it's important to note that there appears to be a decrease in bullish momentum, flattening slope of the upward movement. As the market heads toward the weekly resistance, the upper border of the channel, and the psychological level at 0.9100, it will be essential to watch how price reacts in this area. The price has previously bounced off from this zone, a retest of the support level is likely, especially since the daily timeframe shows the market has reached key resistance. If the market forms a rejection candle, it may indicate a reversal or a deeper correction. My target is support level at 0.90320
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Lingrid | ARBUSDT Rebounds from Historic LOWBINANCE:ARBUSDT has formed a long-tailed bar on the weekly timeframe, which suggests significant buying pressure at the levels below. The market recently bounced off an all-time low, indicating that buyers have stepped in and pushed the price higher. Notably, this price action resembles previous instances where the market rebounded from support level, leading to substantial upward movement, a rise of about 45%. If the market rejects the support level and maintains this buying momentum, we can expect the price to move upwards towards the channel border. Monitoring for confirmation of the support rejection, along with increasing volume, will be key in validating this bullish signal. My target is resistance zone around 0.6766
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Lingrid | EURUSD pullback from Strong RESISTANCE zoneFX:EURUSD recently surged and broke the previous month's high (PMH). However, it faced strong resistance at the 1.1000 level, leading to a downward push after the initial breakout. Following this impulse move upward, the market has now entered a consolidation phase. The price is trading close to the previous month's high and at this area we can expect a potentially choppy market for the next few days. The formation of a berish long-tailed bar on the weekly timeframe, suggests a selling pressure at this resistance. Keep an eye on how the market reacts around these key level to gauge its next move. My goal is the support level around 1.08650
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AUD/USD BUY RUNNING +30PIPSHi Traders on Thursday we send buy trade on aud/usd we running in deep profits. we had Opinions from people that is going for a sell. based on my trading strategy i knew we going for buy. this should be a learns to focus on your analysis and trust what you doing.
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Lingrid | BITCOIN false BREAKOUT of the SUPPORT level The price perfectly fulfills my previous idea. It hit target level. BINANCE:BTCUSDT has taken liquidity below July's low and the support level at 50K before breaking through the resistance at 60K. On the weekly timeframe, the market closed bullish with a long wick downward, indicating buying interest, but the presence of a smaller wick upward suggests there was also selling pressure. The market has made approximately a one-third correction of the recent bullish move, and I believe it might enter a short-term accumulation phase around the 60K price level. However, if we see a strong impulse move upward, it could signal further bullish momentum, potentially propelling the price toward the channel boundary. Monitoring price action around the 60K level will be crucial to determine the next directional move. My target is resistance zone at 65400.
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Lingrid | GOLD Weekly PRE-MARKET ANALYSISOANDA:XAUUSD is currently moving sideways, fluctuating between 2365 and 2475, and is forming a triangle pattern. While the overall market has been stable for some time, we are likely to experience occasional pullbacks. Essentially, the market is building liquidity both above and below the triangle pattern, and a breakout could occur next week, especially with several high-impact news events on the horizon, such as CPI and unemployment claims.
On the daily timeframe, the picture remains consistent, with the market also showing signs of range-bound behavior. Recently, the price broke below last week’s low but subsequently moved higher, approaching the weekly opening price. I believe August may be a consolidation month, with price movements primarily confined within the triangle pattern before a new trend is established.
Looking at the weekly timeframe, the market closed with a long-tailed bar, indicating a rejection of prices below the support level at 2420 and closing above it. Notably, this is the second time in history that the price has closed above this level on the weekly timeframe. Previously, the market has consistently rejected this level and closed below it on a weekly basis. Overall, I expect price action to continue within the consolidation zone until we witness a clear breakout.
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Lingrid | GOLD long from the SWAP zoneThe price perfectly fulfills my last idea. It hit the target zone. OANDA:XAUUSD has broken and closed above the highs of the last two days, also surpassing the swap zone where the price has reacted multiple times in the past. Upon analyzing the 1H chart, we can observe a series of strong bullish candles accompanied by gradual pullbacks that have established higher lows. With less high-impact news expected today, I expect the market to continue to consolidate. However, I believe the market is likely to push higher, closing this trading week above 2430 resistance, which would be a highly bullish sign. My goal is resistance zone at 2447.
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Lingrid | NZDUSD opportunity to SHORT from RESISTANCE zoneThe price perfectly fulfills my last idea. It hit the target level. FX:NZDUSD is currently making lower lows after breaking out of the range zone, indicating a bearish trend. I believe the price could decline further if it experiences a false breakout at the resistance zone and the channel boundary. Additionally, the market has created a bearish divergence on the 1H timeframe. Notably, the price has risen above the psychological level of 0.6000, but I anticipate it may drop below this level, potentially creating a false breakout on the weekly timeframe. My target is support at 0.59630
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Lingrid | GBPUSD at the KEY Support LEVELFX:GBPUSD has made a new lows, and currently it is moving sideways within a defined box range. The price has reached a support level where we previously saw an impulsive bullish move. This support area coincides with the previous month's low, making it a significant level to watch. Additionally, there is a bullish divergence formed at this support level, which typically indicates a potential reversal or at least a temporary bounce. I expect that if the market makes a fake break below this support level, it could signal rejection, leading to a potential move back up towards resistance. Observing how the price behaves around the support level will be key in determining whether a bullish reversal is on the horizon. My goal is the support level at 1.24500
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Lingrid | GOLD tested Previous WEEK LowOANDA:XAUUSD has a drop early Monday because of a global sell-off in risk assets, where gold typically gains value. However, the price fell below the psychological level of 2400 before quickly bouncing back and closing above it. On the weekly timeframe, the market took liquidity below the previous week's low and has since been moving sideways around the 2400 level. It appears the market has entered a consolidation phase, as evidenced by two rebounds from both the resistance and support levels. The daily candle also suggests a potential for prolonged consolidation withing Monday range zone. I anticipate the market may retest the Monday open price level. My target is resistance zone at 2440
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Lingrid | BITCOIN just formed the MOST POWERFUL Bullish setup The market has plunged following the postponed decision on interest rate cuts. Despite this, I remain optimistic about BINANCE:BTCUSDT , as I believe the market is in the process of developing a very bullish setup in history. This setup resembles a triangular pattern and downside breakout of it about 20-30% before an impulsive move upward. Currently, we are observing a triangle pattern, with the price approximately 30% below the resistance zone and approaching a strong support level at 50,000. I anticipate that the market to rebound from this support level, as we've already witnessed signs of rejection. My target is resistance level at 61500.
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