The price perfectly fulfilled my last idea. It hit the target level. BINANCE:BTCUSDT market is currently consolidating after a rebound from the support level. This pattern is not uncommon, as the market often forms a range zone after a significant impulse move. I believe the market will first break out of the range zone, but not upwards, rather downwards, to...
BINANCE:DOGEUSDT chart has been forming a triangle pattern, which indicates a price squeeze. Interestingly, the market is currently consolidating just below the upper border of the triangle, which is a bullish sign. Typically, before a breakout occurs, the price will form a range zone, suggesting that the market is preparing for a potential move. Additionally,...
The price perfectly fulfills my last weekly forecast. The market's rally has indeed reached its target, but I'm now cautiously watching for a potential pullback. With the OANDA:XAUUSD already extending upside, it's not uncommon to see a retracement. The daily chart is showing a significant bearish divergence, which further suggests that we may see a reversal. If...
The price perfectly fulfills my last idea. It has tanked and reached the target zone, and now the market is ranging after the new upward extension. FX:GBPCAD has broken through the resistance and is moving sideways just below the significant round number of 1.73000. I expect a classic breakout retest continuation scenario to play out. On the daily timeframe, the...
The price perfectly fulfilled my last idea. After breaking through the downward channel, the market is currently trading sideways. FX:EURUSD has closed above the key level of 1.08500, which is a significant milestone in its price action. By looking at the chart's left side, we can see that the market previously tested the support level, where the price rapidly...
OANDA:XAUUSD surged, moving towards its next key resistance zone at the 2400 level, where it closed above it. This is a significant bullish sign, as it marks the first time in history that the market has closed above this level on the daily timeframe. The market has also formed an inverse head and shoulder pattern, which has played out nicely. According to this...
Liquidity plays a vital role in shaping market prices, particularly among large market players such as banks, hedge funds, and other influential entities. These entities, often referred to as market makers, manipulators, and others, are driven by their pursuit of liquidity. In fact, liquidity is the foundation upon which successful trading is built, and it's where...
The price perfectly fulfilled my previous idea. BINANCE:LINKUSDT has broken through the downward channel, clearing the key level at 15.00. As I examine the current market dynamics, I think it's likely that the price has formed a double top pattern on the 1H timeframe. This suggests that there's a possibility that the market may retest the support level....
The price perfectly fulfilled my last idea. OANDA:XAUUSD played out nicely and hit the target. The release of new data triggered a surge in market, which ultimately broke above the previous high. This move also cleared the previous week's high, providing a clear indication of the market's upward momentum. Given that the market has reached the key resistance zone...
The price perfectly fulfilled my last idea. The market took off and hit the target. FX:EURUSD has broken through the previous day's high, moving higher as it tests the strong resistance level of 1.09000. This is the same zone where the market tanked, setting up an April high. The price has now reached the upper border of the channel, making a 1-2-3 extension,...
The price perfectly fulfilled my last idea. It reached the target zone. On the 1H timeframe BINANCE:BTCUSDT saw a significant breakout as the price surged through the downward channel, ultimately closing above the strong resistance level at 65000. It appears that the bulls' momentum may be slowing down, as yesterday's upward move was substantial. The next...
The price perfectly fulfilled my previous idea. BINANCE:SHIBUSDT went up and hit the target level. The market surged upwards, breaking through the range zone and closing above it. This move has resulted in a series of updated higher lows, with the highs becoming increasingly similar, indicating a growing buying pressure. As the price continues to move upward,...
The price perfectly fulfills my last idea. It hit the target zone. The market has surged, closing above the previous lower high, and is now testing the key resistance level at 104.00. The recent pullback has took liquidity beneath the crucial support level of 103.00, ultimately leading to a new upward extension. On the daily timeframe, the bullish trend is...
Recently, BINANCE:SOLUSDT broke out of its range zone and surpassed the 155 level, indicating a significant bullish signal. This breakout is even more impressive given that it has been consolidating within a narrow range for the past month. The market's ability to break through its previous week's high suggests a potential upward momentum. Yesterday's close was...
The market's correlation with EUR is evident, and FX:NZDUSD is currently testing a key resistance zone on the weekly timeframe. The momentum has stalled in this area, with candles displaying a contraction. This zone has been tested multiple times in the past, each time resulting in a lower price action. Given the market's overextended state, I expect a pullback...
The price perfectly fulfilled my last idea. It hit the TP. We've seen a retest of the level, followed by a continuation scenario in the market. On the 4H timeframe, OANDA:XAUUSD has bounced off the trendline and support level at 2350. If the price breaks down through this trendline, we can anticipate a high likelihood of sideways movement. However, if the...
The price perfectly fulfilled my last idea, and it went down to support level and hit the target. FX:AUDUSD has broken through the triangle formation, a classic trend continuation pattern, and it is now making higher highs and higher lows. The market is persistently testing the resistance zone at 0.66500, and I think it's only a matter of time before it's...
The price perfectly fulfilled my last idea. It hit the target zone. BINANCE:BTCUSDT is currently forming an inverse head-and-shoulders pattern, indicating that the market is still in a consolidation phase. The price is currently ranging below the channel's upper border, which I believe is a sign of accumulation. This accumulation will likely lead to a breakout...