Lingrid | GOLD Continues to See Range-Bound MovementOANDA:XAUUSD is forming a bullish structure above the confluence of the downward trendline and horizontal support at 3,310. A strong impulse move followed by a triangle consolidation hints at an emerging continuation pattern, with buyers preparing for another leg higher. Price is currently approaching a key decision zone where previous support and diagonal confluence intersect, creating a launchpad scenario. If price confirms support above 3,311, a rebound toward the 3,356–3,382 zone becomes likely.
📉 Key Levels
Buy trigger: Rebound from 3,310–3,320
Buy zone: 3,300–3,315
Target: 3,356 and potentially 3,380
Invalidation: Break and close below 3,250
💡 Risks
Breakdown below the support zone may trigger extended retracement
False breakout through triangle resistance without volume
Sudden volatility from macroeconomic catalysts (e.g., Fed comments or CPI data)
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Signalservice
Waiting for the Break: 3375 or 3320 Will Decide the Next 1k Pips📉 Quick recap:
As you know, I've been bullish on Gold. However, as explained in yesterday’s analysis, I started to approach this view with more caution. Unfortunately, I closed my long position at break even… before the rally to the 3375 resistance. That’s trading.
📌 What now?
Despite missing that move, the market is beginning to offer more clarity. There are now two key levels that will likely define the next major swing:
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🔹 1. Resistance at 3375 – Top of the Range / Triangle Breakout Zone
• This level marks the upper boundary of the recent range
• It’s also the resistance of a developing ascending triangle
• A clean breakout above 3375 would confirm the pattern and could trigger a strong upside acceleration
• Target: 3450 zone, with potential for more if momentum kicks in (approx. 1000 pips higher)
➡️ This is the obvious bullish scenario – in line with the broader trend and classical technical setup.
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🔻 2. Support at 3320 – The Less Obvious, but Classic Gold
• 3320 is now a confluence support area
• Technically, a break below here is less probable – but Gold has a habit of doing the unexpected
• If 3320 breaks, bears could look for a first leg to 3280 (approx. 400 pips), and very probably 3250 (around 700 pips drop)
➡️ This bearish scenario is not the base case, but it must not be ignored. Sometimes the trap is in the obvious.
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🧭 Trading Plan:
For now, I’m out of the market, patiently waiting for confirmation. I’ll trade the breakout – whichever side gives the signal first.
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📌 Conclusion:
Gold is coiling for a larger move. The levels are clear: 3375 and 3320 are the doors. One of them will open. Until then, we wait and prepare. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Lingrid | GOLD Broke Corrective Dynamic Resistance OANDA:XAUUSD rebounded off the key support near 3334, forming a higher low and breaking above the descending trendline. This breakout confirms bullish intent, supported by prior accumulation in the range and fake breakdown traps. Price is now retesting the breakout zone and is expected to launch toward 3375 and possibly higher. The structure favors a bullish continuation pattern supported by confluence of trendlines and rising momentum.
📉 Key Levels
Buy trigger: Break and hold above 3350
Buy zone: 3335–3345
Target: 3375 short-term, with potential to 3400
Invalidation: Drop below 3320 support line
💡 Risks
Another fake breakout followed by strong rejection
Resistance at 3375 acting as a supply wall
Low volume on breakout can cause reversal
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Gold- Still needs to resolve the range🔸 Still Rangebound, But Not for Long
In yesterday’s analysis, I mentioned that two scenarios are in play for Gold:
1. Bullish above 3375
2. Bearish under 3320
Throughout the session, price action leaned toward the bearish side, and I aligned with that by opening a short position. It ended with a minor loss — just 50 pips, which is negligible considering I'm looking for a potential 1,000 pip move in the bigger picture.
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🔍 What's Next?
As the title says, Gold still needs to resolve the current range before a clear directional move unfolds.
The same key levels discussed yesterday remain valid and relevant.
And since it’s Friday, today’s daily and weekly candle close will be critical in shaping expectations for next week.
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📈 Bullish Case: Close Above 3360
• A daily/weekly close around 3360 would bring strong pressure on the 3375 resistance.
• That could lead to a bullish breakout from the ascending triangle pattern.
• It would also leave behind a bullish weekly pin bar (last week was a bullish pin bar too).
• This scenario would bring 3450 into focus — with 3500 and even a new ATH on the table in the coming weeks.
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📉 Bearish Case: Close Near 3300
• A close near 3300 would signal a failed rally attempt
• That would expose 3250 support short term, and 3150 medium term.
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🧭 Final Thoughts
At the moment, I’m flat and waiting for clearer confirmation later in the day.
The next move big will be defined by the weekly close — it’s as simple as that.
P.S.: It’s just a hunch , but I’m still leaning toward a break under 3300 as the next major move.
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Hellena | EUR/USD (4H): LONG to the resistance area 1.18280.The previous idea was aimed at updating the maximum of 1.18280, but the correction turned out to be too deep.
Therefore, I am proposing a new idea. I believe that wave “3” has formed, and now we should see the completion of the correction in wave “4,” after which I expect to see an upward movement in wave “5.” My target is at least the high of wave “3” — the resistance area of 1.18280.
As for the correction, I think it could reach the 1.15459 area, but I recommend working with pending orders.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Hellena | Oil (4H): SHORT to support area of 63.000.Colleagues, I believe that wave “B” has formed at the level of 69.938, and now we expect the downward movement to continue with the aim of completing wave ‘C’ of the middle order and wave “2” of the higher order in the support area of 63,000.
It is quite possible that the price could reach the 60,000 level, but I think that for now it is worth focusing on the nearest targets.
Manage your capital correctly and competently! Only enter trades based on reliable patterns!
Lingrid | GBPUSD buying Opportunity from the Demand ZoneFX:GBPUSD is rebounding from the 1.3390 support level after completing a triangle breakdown and retesting the lower support zone. A potential double-bottom pattern is forming near the key support area, signaling a short-term bullish reversal. If bulls reclaim the descending blue trendline, momentum could drive price back toward the 1.3550 resistance level. This retracement would mark a corrective phase within the larger structure, offering an upside opportunity.
📉 Key Levels
Buy trigger: bullish rejection from 1.3390 with recovery above 1.3440
Buy zone: 1.3390–1.3440 (demand and bounce structure)
Target: 1.3550
Invalidation: 4H candle close below 1.3390 support breaks bullish setup
💡 Risks
Failure to break above trendline could result in further consolidation
Macroeconomic news may override technical rebound
Downtrend pressure remains unless higher lows are confirmed
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Lingrid | SOLUSDT trend Continuation TradeThe price perfectly fulfilled my previous idea . BINANCE:SOLUSDT found strong support around the 155.7 level after a brief pullback and continues to respect the ascending blue trendline. The previous bullish impulse followed by a healthy consolidation suggests a classic trend continuation structure. If buyers defend the current demand zone and reclaim upward momentum, a move toward the 180 resistance zone is likely. This setup aligns with broader bullish market structure and rising channel dynamics.
📉 Key Levels
Buy trigger: confirmed bounce from 155.7 trendline support
Buy zone: 155.7–158.0 (range floor and trendline confluence)
Target: 180.0
Invalidation: breakdown below 155.0 signals structure shift
💡 Risks
Volatility around trendline retest could trigger stop hunts
Failure to reclaim momentum above 165 may lead to ranging
Sudden market-wide weakness could pressure altcoins broadly
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Lingrid | EURAUD Potential Retest of the Key LevelFX:EURAUD is holding firmly above the rising trendline after a successful retest of the support zone at 1.7813. The price has formed consecutive higher lows and remains within a well-defined upward channel, indicating continued bullish structure. A small corrective pullback is expected before a renewed rally toward the 1.8100 resistance level. Momentum is building for a potential breakout continuation toward the upper boundary of the channel.
📉 Key Levels
Buy trigger: Bounce from 1.7813 and reclaim of 1.7900
Buy zone: 1.7820–1.7880
Target: 1.8100
Invalidation: Breakdown below 1.7780 and support trendline
💡 Risks
Failure to hold above the current higher low
False breakout followed by bearish rejection from the mid-range
Weak momentum due to macroeconomic uncertainty
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Lingrid | GBPAUD Selling Opportunity From the Key LevelFX:GBPAUD rebounded sharply from the key support zone near 2.0415, forming a corrective leg toward the mid-range resistance at 2.0800. However, the overall structure remains within a downward channel, and the recent lower high under the red resistance trendline suggests continuation of bearish pressure. A rejection from the 2.08–2.10 zone would likely resume the prior impulse leg toward lower support levels. Until a breakout above the descending red trendline occurs, rallies remain corrective.
📉 Key Levels
Sell trigger: Rejection from 2.0800–2.0900
Sell zone: 2.0750–2.0850
Target: 2.0589 and potentially 2.0415
Invalidation: Break and close above 2.1020
💡 Risks
Breakout from the red resistance line could reverse the downtrend
Sudden AUD weakness from macro events
Price closes above the descending channel boundary
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Gold – Bullish Structure Still Intact, but Bears are Knocking📉 What happened yesterday?
As expected, XAUUSD made another leg down, breaking even below my buy zone (3330–3335) and hitting a low at 3320. From there, we’re now seeing a modest rebound, with gold trading around 3333 at the time of writing.
📌 Current position:
I'm currently holding a long position. It hovers around break-even – fluctuating between small gains and small losses. Nothing solid yet.
❓ Key question:
Was this just a deep pullback within a bullish structure… or the beginning of a deeper trend reversal?
🔍 Why bulls still have a case:
• Price prints higher lows – bullish structure technically remains intact
• A clean break above 3350 would show short-term strength
• A confirmed break above 3375 would activate a bullish ascending triangle → targeting the 3450 zone
⚠️ But here's the concern:
• Yesterday’s dip to 3330 happened during the New York session (strong volume)
• The bounce from 3320 has been weak, with no follow-through
• Daily candle closed near the lows, showing a long upper wick → a classic bearish signal
• The confluence support now lies at 3310–3320. A red daily candle closing in this area could mean the medium-term trend is flipping
🎯 My trading plan:
Although I'm still holding my buy, if bulls don’t recover 3350 quickly, I will consider closing early. The break of 3310 would shift my bias bearish.
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📌 Conclusion:
We’re in a critical zone. The bullish structure isn’t broken yet, but yesterday’s action was not encouraging. If buyers fail to reclaim control soon, the market may be preparing for a deeper correction. Stay sharp. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Lingrid | SUIUSDT Pullback and New Higher High PotentialBINANCE:SUIUSDT has rebounded strongly from the support level at $3.60, continuing its bullish sequence of higher highs and higher lows. The price broke out of the consolidation zone and climbed above the blue upward trendline, confirming a continuation of the bullish trend. A retest of the breakout area is likely before a push toward the major resistance zone at $4.50. The structure remains bullish as long as the channel support holds.
📉 Key Levels
Buy trigger: Bounce from $3.60 zone
Buy zone: $3.55–$3.70 (retest range)
Target: $4.50 (red resistance line)
Invalidation: Close below $3.45 trendline support
💡 Risks
Breakdown of the black channel line
Volume divergence or failure to hold the $3.60 support
Broader market weakness across altcoins
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Lingrid | BNBUSDT Bullish MOMENTUM. Long from SUPPORT zoneBINANCE:BNBUSDT is continuing its bullish momentum after bouncing from the support trendline and breaking above the consolidation zone. Price has formed a higher low and followed through with strong impulse candles, pushing past local resistance around 720–740. The breakout confirms trend continuation within the upward channel, with price now aiming toward the 800 psychological level. The next leg higher could accelerate toward the upper resistance zone if support holds near 720.
📉 Key Levels
Buy trigger: Breakout above 740 confirmed
Buy zone: 719–730
Target: 800
Invalidation: Close below 700 support and trendline
💡 Risks
Rejection near horizontal resistance around 760
Bearish divergence on lower timeframes
Macro volatility from regulatory headlines or BTC sharp moves
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
USD/JPY – Rising Wedge Meets Major ResistanceChart Overview:
USD/JPY is printing a textbook rising wedge formation, typically a bearish pattern—especially when occurring at the top of a major move.
What makes this setup compelling:
Price is testing the upper wedge resistance near the 148.50–149.00 region, a historically reactive zone.
There’s clear confluence with the 200 SMA, horizontal resistance, and wedge structure—all signaling potential exhaustion.
🔍 Key Technicals:
Resistance Zone: 148.00–149.00 (Highlighted Supply Zone)
Rejection Candle Pattern: Recent upper wick shows rejection and buyer fatigue
Bearish Divergence on RSI (14): Price made higher highs, RSI printed lower highs — a classic warning signal
🧠 Educational Note: Rising Wedge Patterns
A rising wedge is a bearish reversal pattern, especially potent when it forms after an extended rally. The structure narrows as buyers lose steam, leading to a likely breakdown once support is breached.
Pro Tip: Always confirm a wedge breakdown with a close below support + volume spike or bearish engulfing.
🔄 Invalidation:
This idea becomes invalid above 150.467, where the wedge breaks upward and price potentially enters a new bullish phase. Marked clearly as “Idea Invalid” on the chart.
🧠 Final Thoughts:
This chart combines price action, pattern structure, RSI divergence, and SMA confluence — a high-probability scenario favored by elite traders. If you trade based on confirmation rather than prediction, this could be a setup to watch closely.
🗣 Drop your thoughts or questions below!
💬 Let’s learn and grow together.
EUR/USD – Falling Wedge at Major Fibonacci Zone | Bullish ReversAfter a strong mid-June rally, EUR/USD has pulled back into a key fib cluster, showing early signs of reversal from a classic falling wedge pattern — often a precursor to bullish breakouts.
Technical Breakdown:
📉 Descending Trendline
🔍 Fibonacci Confluence:
Price is reacting from the 0.5-0.618 – 0.705 zone (1.16421-1.15969), aligning perfectly with historical demand and the golden zone of the fib retracement.
Just below sits the 0.79 fib (1.15339), which also marks our invalidity level for this idea — a deep but powerful retracement if tested.
💡 RSI:
While still below 50, it has created a hidden bullish divergence between July 12–17, hinting that momentum is flipping back to bulls.
🧠 Educational Insight:
This setup combines Trendlines, Fibonacci retracement theory, and EMA dynamics to build a multi-layered trade thesis — the type of confluence we look for at Wright Way Investments.
Price doesn’t just reverse because it hits a fib level. But when structure, EMAs, and RSI align — the odds increase significantly.
📈 Trade Setup (Idea-Based, Not Financial Advice):
Long Entry Zone: Current area (1.159–1.161), with confirmation above 1.1626
Invalidation: Clean break & close below 1.15339
Target Zones:
🎯 TP1 – 1.1642 (50 fib & retest zone)
🎯 TP2 – 1.1686 (38.2 fib)
🎯 TP3 – 1.1755 (Weekly Resistance)
📌 Summary:
EUR/USD is forming a textbook reversal setup, supported by fib precision and EMA alignment. Patience is key — but the ingredients are here for a strong bullish continuation.
XAU/USD 1H – Bullish Breakout in Play | Eyes on 3,400+XAU/USD has officially broken out of a falling wedge pattern, triggering a classic bullish continuation setup. The rejection off the 0.618–0.705 fib retracement zone ($3,280–$3,290) acted as a powerful launchpad, pushing price above the mid-structure confluence and EMAs.
✅ Key Technical Highlights:
Structure Break: Clear bullish breakout from descending wedge + EMA crossover confirmation (20/50 over 200).
Fibonacci Anchors: Price respected the golden pocket (0.618–0.705), now aiming for full fib extension targets.
Targets:
🎯 TP1: 3,397 (-0.27 fib)
🎯 TP2: 3,440 (-0.618 fib / upper wedge trend-line resistance)
Support Zone: 3,304 – 3,319 (0.5–0.382 fib zone), now acting as fresh demand area.
RSI: Rebounding from 50 with momentum, no divergence, suggesting room for continuation.
🔔 Bullish Scenario:
As long as price holds above the breakout retest zone (≈3,336), momentum favors the bulls with high probability toward 3,400+. Clean higher highs and higher lows confirm trend alignment.
⚠️ Invalidation Level:
Break and close back below 3,304 would shift this from breakout to fakeout — watch for bearish pressure toward 3,280 if that occurs.
📌 Wright Way Outlook:
Momentum is on the side of the bulls. With fundamentals aligned and structure broken, this setup favors precision swing entries with clean RR.
Stay patient, stay tactical. Trade the Wright Way.
Lingrid | Gold ready to Make BoostOANDA:XAUUSD maintains a solid bullish structure with a clear series of higher lows (HLs) forming along the ascending trendline. After strong impulsive waves labeled A and B, price has repeatedly tested the resistance zone around 3450–3460, creating a double-top-like structure with equal tests. A confirmed close above 3460 would unlock the next leg higher in this ongoing uptrend.
📉 Key Levels
🔼 Buy trigger: Break and close above 3460
🟢 Buy zone: 3320–3340 (near HL and trendline)
🎯 Target: 3650–3700 (long-term breakout objective)
🚫 Invalidation: Drop below 3275 and trendline failure
💡 Risks
-Potential fakeout above 3460 without volume support
-Broadening consolidation range if breakout fails
-Macroeconomic catalysts (FOMC, CPI, geopolitical tensions)
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
EURAUD Flag Forming Below 1.80 – Time to Sell the Rally?📈 The Big Picture
In mid-February, EURAUD exploded to the upside, gaining over 2000 pips in just two weeks. After peaking near 1.85, the pair corrected sharply, returning to more balanced levels around 1.72.
🕰️ What’s happened since?
The market has resumed its climb and just recently made a new local high at 1.81. On the surface, it looks like bulls are still in control – but a closer look reveals warning signs.
🔍 Key structure observations:
• The current rally appears to be a measured move, topping out near the 61.8% Fibonacci retracement of the previous drop
• Price structure is overlapping, suggesting weak momentum
• A large flag pattern is developing – typically bearish in this context
• The pair still trades above the ascending trendline, but a breakdown is looming
📍 Current price: 1.7805
🎯 Swing Trade Plan
From a swing trading perspective, I’m looking to sell rallies near the 1.80 zone, with:
• Negation: if the price breaks clearly above the recent high
• Target: the recent low around 1.7250 – where the last correction ended
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📌 Conclusion:
EURAUD may have exhausted its bullish energy. The technical picture suggests we are in the late stage of the rally, with bearish patterns stacking up. Unless bulls manage a clean breakout above 1.80, this looks like a great place to position for a medium-term reversal. 🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Gold Pullback in Play – Still Aiming for 3450 📌 In yesterday’s analysis, I argued that bulls likely won the battle and that a new leg up toward 3450 could be next from a swing trade perspective. I also mentioned that buying dips remains the preferred strategy.
And indeed – we got that dip.
📉 Price pulled back to 3340 and bounced,
but it hasn’t yet touched my key area of interest: 3330–3335.
What now?
My view stays the same –I still expect a move toward the 3450 zone,but I also believe a deeper dip toward support is still on the table – likely a liquidity grab before the next leg up.
Trading Plan:
✅ Buying dips remains the core strategy
🚫 Invalidation only comes on a break below 3305–3310
🎯 Upside target remains well above 3400, aiming for 1000+ pips
Let’s stay focused and let price come to us.
🚀
Disclosure: I am part of TradeNation's Influencer program and receive a monthly fee for using their TradingView charts in my analyses and educational articles.
Lingrid | EURUSD Pulled Back to Key Support levelFX:EURUSD is approaching a major confluence zone at 1.16422 where the downward channel meets the upward trendline and horizontal support. The structure remains bullish with a sequence of higher highs and higher lows, and the current pullback fits within a healthy correction phase. A strong bounce from this triple-support region could trigger a reversal toward 1.18320, validating the continuation of the broader uptrend. All eyes are now on the 1.16450 reaction point for early momentum signs.
📉 Key Levels
Buy trigger: bullish reaction from 1.16422 support zone
Buy zone: 1.16200–1.16500 (channel base + trendline + demand)
Target: 1.18320
Invalidation: confirmed 4H close below 1.1600 breaks upward structure
💡 Risks
Deeper push below the trendline may trap early buyers
Low liquidity during the bounce can cause fakeouts
Unexpected USD strength could stall recovery momentum
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!
Lingrid | PEPEUSDT Corrective Channel BreakoutThe price perfectly fulfilled my previous idea . BINANCE:PEPEUSDT rebounded powerfully from the 0.00000843 support and broke out of the long-standing downward channel, marking the start of a bullish impulse leg. Price is now holding above the breakout point and consolidating above the 0.00001159 structure, setting the stage for continuation. As long as buyers defend this reclaimed level, price could attempt another leg toward the upper resistance zone at 0.00001500. Structure and volume suggest that accumulation is complete and bulls are in control.
📉 Key Levels
Buy trigger: sustained support above 0.00001159 and breakout follow-through
Buy zone: 0.00001100–0.00001159 (former resistance turned support)
Target: 0.00001500
Invalidation: breakdown below 0.00001100 risks trapping longs
💡 Risks
Volatility around breakout retests may shake weak hands
Failure to reclaim momentum at 0.00001250 could stall the push
Re-entry into the old consolidation range may delay upside momentum
If this idea resonates with you or you have your own opinion, traders, hit the comments. I’m excited to read your thoughts!