After consolidating for more than a week, OANDA:XAUUSD broken through the consolidation zone and also broke the lows of the past two weeks, where I believe there is resting liquidity below. On the 4H timeframe we can see that market formed ABC pullback from the ATH level. Following the drop the market has tested the downward trendline, which marks the lower...
The price perfectly fulfilled my previous idea. It reached the target zone. FX:AUDCHF consolidated above the key level of 0.5800 but ultimately failed to remain above it and has broken below that level and consoldiation zone. On the daily timeframe, the price action also closed below the upward trendline, and we recently observed a rejection candle in the form...
The price perfectly fulfilled my previous idea. It reached the target level. BINANCE:DOGEUSDT continues to trade above the psychological level of 0.1000. The daily timeframe shows that the price action has created a higher high and higher low, indicating potential bullish momentum. However, I believe that the overall trend is more sideways rather than distinctly...
The price perfectly fulfilled my last idea. It hit the target level. The market is currently testing a key psychological support level at 193.000, following a period of consolidation after recent bullish momentum. If FX:GBPJPY manages to close above the 194.000 level, it could signal continued upward movement, allowing for a retest of the resistance zone above...
OANDA:XAUUSD spent the entire week moving sideways. When analyzing the daily timeframe, we see that the candles have formed wicks, indicating a choppy market. The price has not broken out of the previous week's range; instead, it has created an inside bar formation. There is a possibility that the market may remain in this consolidation phase for another week or...
BINANCE:SHIBUSDT is currently in an accumulation phase, with the price oscillating around the 0.000015 level. The market has bounced off this support level twice before making an upward impulse move. The most recent swing upward was stronger than the previous one, indicating that the price may be gaining bullish momentum. Additionally, there is a growing...
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The market broke through the round number at 1.1000 following the negative NFP for FX:EURUSD . This breakout also resulted in the price falling below the September low, and there is a possibility it may retest the next round number at 1.0900. Examining the weekly candle, it's clear that the market has gained bearish momentum. Furthermore, if we zoom out, we can...
Last week, BINANCE:BTCUSDT bounced off the resistance and dipped down to retest the psychological support level at 60,000. After this retest, the price bounced back and managed to break and close above the 62,500 level, which had been tested multiple times before. Looking left, we can see that this level was respected five times in a row. The recent candle...
The price perfectly fulfilled my last idea. It declined and hit the target level. The market bounced off the support level and is now heading towards the resistance zone at 1.79000. Given that the market is in a bearish trend on the daily timeframe, I believe it may continue to move downward. I foresee the possibility of the market retesting last week's high...
OANDA:XAUUSD keeps testing the resistance area at 2660. On the daily timeframe, the presence of double long-tailed bars indicates some rejection at this level. Additionally, the price is still trading within Tuesday's range, where there may be resting liquidity above the high and below the low. Another bullish sign is the break and close above the downward...
The price perfectly fulfills my last idea. FX:AUDUSD has bounced off a resistance zone and subsequently reached the main support level after breaking the upward channel. The price is currently testing a level that has been respected multiple times on the daily timeframe. I'm monitoring this level closely; if the price makes a false break of the support level, I...
The price perfectly fulfilled my last idea. It hit the target level. OKX:TONUSDT bounced off the psychological level at 6.00 and is heading toward another level below 5.00. A significant bullish divergence has formed on the 1H timeframe, increasing the likelihood of a bounce off the support level and downward trendline. I believe the market may enter an...
OANDA:XAUUSD price continues to move sideways after reaching an all-time high (ATH). It appears to be forming a complex pullback, as it has not retested the previous higher high. This price action may lead to a triangle formation, indicating a potential squeeze. With high-impact news scheduled for today, I anticipate the market may retest the previous week's low...
The price perfectly fulfilled my previous idea. FX:EURUSD has reached the bottom of the consolidation zone, testing a strong support area around 1.1000, where it has bounced before. On the monthly timeframe, the price is at last month's lows. A fake breakout and liquidity grab below the trendline and support could lead to strong upward momentum towards the major...
The price perfectly fulfilled my previous idea. It hit the target level. On the daily timeframe, BINANCE:ETHUSDT has been in a consolidation phase between support and resistance since August. Recently, a triangle pattern formed at the top of the range zone before the price dropped, likely influenced by the downturn in BINANCE:BTCUSDT . Currently, the price is...
The price perfectly fulfilled my previous idea. It hit TP. The market has formed lower high, suggesting that it may remain in a consolidation phase for some time. After bouncing off the resistance at 2670, there is a possibility that it might retest the support zone.I expect a bullish move if the price breaks above the downward channel, which is a correction...
FX:EURUSD has tanked following news of escalating tensions in the Middle East, leading to a surge in the TVC:DXY that has pushed down all other currency pairs. The market created a double top at the resistance level and failed to close above it. Currently, it is moving toward the bottom of the range zone. If you zoom out, you'll see that the price action has...