Lingrid

Lingrid

Overtrading and micromanaging trades are significant factors that contribute to losses for many traders. Often, traders fail to recognize when they are overtrading because they lose sight of the limits that indicate when to stop. Over time, this behavior can become a habitual pattern, ultimately resulting in financial losses. In this review, we will explore what...

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OANDA:XAUUSD market pulled back and tested the psychological level of 2600, but it quickly bounced back, regaining strength and forming a long-tailed bar on the weekly chart. This suggests the potential for continued upward movement. The buying pressure demonstrates that gold remains attractive to bulls, supported by central bank and ongoing geopolitical concerns...

Lingrid

FX:EURUSD decelerated after breaking out of the consolidation zone, taking the entire week to retest the support level at 1.09000. A divergence has formed on the 4H chart at this support level. Typically, the market tends to move sideways following a strong momentum, and we may see this pattern this week. Currently, the price action has created an inside bar...

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BINANCE:BTCUSDT made a false breakout below last week’s low by taking liquidity below that level. Afterward, it rebounded off a key support level and reached the upper boundary of the downward channel. The current movement shows strong bullish momentum, suggesting that an upside breakout is quite possible. If you examine the weekly chart, you'll notice that the...

Lingrid

The price perfectly fulfilled my previous idea. It hit the TP. FX:USDJPY pair is currently making higher highs and higher lows, indicating a bullish trend. The price has fluctuated around the psychological level of 147.000, but it has finally broken through and closed above this level with a significant bullish candle, highlighting its importance. I believe the...

Lingrid

The price perfectly fulfilled my previous idea. It hit the TP. OANDA:XAUUSD bounced off the psychological level after forming a double bottom. The price tested the resistance zone, where there had previously been an impulse leg downward, so we can anticipate a pullback from this level. Given that the market is in an overall bullish trend and has grabbed...

Lingrid

The price perfectly fulfilled my previous idea. It reached the target zone. FX:EURUSD has tested the strong support level at 1.09000. Previously, the market made an impulse leg from this level. On the daily timeframe, the price formed a long-tailed candle, indicating rejection of this level. Additionally, the recent breakout of the market structure suggests that...

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BINANCE:TONUSDT bounced off the psychological level at 5.00, creating a double bottom formation. This level also coincided with the previous week's low. Additionally, several rejection candles formed at this support level on the 4H timeframe, indicating strong buying interest. The price broke above and closed above the trendline, which had served as significant...

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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...

Lingrid Updated 

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...

Lingrid

The price perfectly fulfilled my last idea. It hit the target level. FX:AUDCAD took liquidity below the strong support level at 0.9200 and subsequently bounced back, closing above this level. This price action indicates that buyers stepped in to defend the support, and overall, the market trend remains bullish. On the daily timeframe, the formation of a...

Lingrid

The price perfectly fulfilled my last idea. It hit the TP. BINANCE:TRXUSDT has formed a well-defined ABC extension pattern and is creating higher highs and higher lows, which indicates bullish momentum in the market. The price reached the psychological level of 0.1600 but then pulled back. Before the upward extension, the price tested the level at 0.1575 twice,...

Lingrid

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...

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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...

Lingrid Updated 

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...

Lingrid Updated 

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...

Lingrid

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...

Lingrid

📍 Turtle Trading Turtle Soup is a distinctive trading strategy developed by Linda Bradford Raschke, as detailed in her acclaimed book, “Street Smarts: High Probability Short-Term Trading Strategies.” This strategy draws inspiration from another well-known approach called Turtle Trading, which gained prominence in the early 1980s through legendary traders...