Lingrid

Lingrid

OANDA:XAUUSD market closed February with a significant pullback, creating a wick on the monthly timeframe that retraced over 50% of the recent bullish gains. On the weekly chart, price broke and closed below the lows of the previous two weeks, signaling bearish momentum after an impressive run of eight consecutive bullish weeks. This pattern suggests we may be...

Lingrid

BINANCE:SUIUSDT is currently consolidating below the round number of 3.00, and it may continue to move sideways following the recent fake breakout of the support level. The price is still trading within the weekly range, indicating a lack of strong directional momentum. There is a possibility that the price may retest the 2.00 support area, which corresponds to...

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FX:EURUSD market formed a triangle-shaped pattern, indicating a price squeeze. Following the release of high-impact news, the price dropped, remaining mostly sideways before breaking through the upward trendline and the range zone. On the daily timeframe, the price broke and closed below the previous weekly low, forming a significant bearish candle. I think the...

Lingrid

OANDA:XAUUSD market moved lower following the release of the Unemployment Claims data, breaking below the lows of the last two weeks. On the monthly timeframe, we can observe that the price is forming a long tailed bar pattern and it may close near the level of the previous month's high. Additionally, the market broke below the upward channel and dipped below the...

Lingrid

The price perfectly fulfilled my previous idea. It reached the target level. OKX:TONUSDT is currently making lower lows and it has closed below the 3.50 mark. Furthermore, the February monthly candle potentially will close bearish, indicating that the price could drop to even lower levels. On the daily timeframe, the market has formed lower lows, with the...

Lingrid

The price perfectly fulfilled my previous idea. It reached the target level. OANDA:XAUUSD market is currently testing the previous week's low and Tuesday's low. After breaking through the triangle pattern, the price has moved lower, but I think we may see a short-term bounce off these levels. Given the high-impact news scheduled for today, the market is likely...

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FX:EURNZD market broke above the range zone and is now heading toward the resistance zone at 1.84500, as well as the channel boundary. However, since the market moved above the previous week's high, I believe it may soon reverse and move downward forming fake breakout. This is supported by the fact that the price is currently testing an area where it previously...

Lingrid

BINANCE:DOTUSDT market is currently moving sideways after the recent sell-off in January, with prices making lower lows on the weekly timeframe. Consolidation is occurring between the 4.50 and 5.50 levels. I think the price may test the area above this consolidation zone, where liquidity is present. I expect the price will bounce off the resistance zone, which is...

Lingrid Updated 

In your weekly post, I mentioned expecting a potential deep correction in the market, and it appears that the scenario is unfolding earlier than anticipated. OANDA:XAUUSD market has dropped, breaking below the upward trendline and the resistance zone around 2920-2930. This breakout suggests that the price may have entered a consolidation phase. The double top,...

Lingrid

The price perfectly fulfilled my previous idea. It hit the target level. FX:GBPUSD market is currently making higher highs; however, it appears to be losing momentum as the price approaches the key level at 1.27000. Additionally, a bearish divergence suggests that a pullback may be imminent. The price has been moving sideways in a range zone since Friday,...

Lingrid

The price perfectly fulfilled my previous idea. It reached the target. BINANCE:XRPUSDT market is currently making lower lows and lower closes, indicating a bearish pressure. After consolidating below the 3.00 psychological level, the price has dropped lower towards the support zone at 2.00. The market also broke and close below the upward trendline triggering...

Lingrid

OANDA:XAUUSD market continues to struggle to break through the previous week's high, moving sideways despite the price closing above the key level of 2950 on the daily timeframe, which is a bullish sign. The price is consistently bouncing off the support zone around the 2920 level, it ssems the market find support around this zone. Since there are no high-impact...

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FX:EURAUD market is currently trading at the key level of 1.65000 and is near the previous day's high. EURAUD is showing bullish momentum by making higher highs and higher lows. Given this trend, I think the market is likely to move to higher levels since the price closed above the psychological level on the 1H timeframe. However it may consolidate around this...

Lingrid

The price perfectly fulfilled my previous idea. It hit the target. The price is forming an ABC pullback from the resistance zone, and the entire crypto market is experiencing a massive sell-off. The markets are breaking out of the consolidation zone that has formed over the past two months. The price has moved below this consolidation zone as well and is heading...

Lingrid Updated 

This week, OANDA:XAUUSD market was consolidating rather than trending, with momentum only visible on Tuesday. Despite this, the weekly candle closed bullish, marking our eighth consecutive bullish weekly candle. On the daily timeframe, the last three candles are doji candles, showing consolidation around the previous week's high level. This suggests the overall...

Lingrid

FX:EURUSD market made a false breakout above the previous weekly high, but ultimately, the price closed above that level. It then tested the January high area, which resulted in a pullback. Currently, the price is rolling back toward the Friday low, where it may find support. There’s a good chance that the price may form a range around these levels before the...

Lingrid

BINANCE:BTCUSDT market continues to consolidate. A glance at the weekly candle reveals multiple doji patterns that shows low momentum and sideways move. The price formed a triangle formation and broke above it. Additionally, it moved above the downward trendline that has served as dynamic resistance since the beginning of this month. I expect that the market may...

Lingrid Updated 

OANDA:XAUUSD market pulled back below the previous week's high and has also dipped below the lows of the last two days, bouncing off these levels by taking liquidity. There seems to be indecision in the market as price is forming either a head-and-shoulders pattern, which indicates a potential reversal, or an expanding triangle pattern, which also reflects...