R. Linda Trading

2022-08-19 14:12:54 Ideas For XAUUSD

GOLD: The price is declining to the support level of 1752. This level is transitional and was confirmed on the pullback after the breakdown. The level is pro-trended and thus has an important role at the moment.

We can see on the chart that the price broke the downtrend earlier and is forming a pullback to the support, a possible scenario is a false-break of the support and a pullback to the short-term target of 1772.

But if the price breaks the support of 1752, and it will consolidate on the pullback under the level, then there are all chances for a fall.

I suppose that in the nearest future a false-break scenario might work and we will see a pullback. The short-term target is the resistance level of 1772, the medium-term target is the level of 1784.

#XAUUSD

My Contact - Ask Linda
Call R.Linda's assistant Open / Comment

2022-08-19 12:30:34 Ideas For SOLUSDT

SOLUSDT makes a false breakdown of resistance 47.5925 and breaks the global ascending price channel . Since the key points (local lows 34.65, 31.8) have not yet been broken through, there is a chance that this could be a deep false breakout.

The price may form a pullback to the resistance zone and here it will be necessary to follow the price behavior.

After the distribution a strong pullback, return of the price to the price channel and growth is possible. I stick to the short scenario: the price will roll back to the resistance area , consolidate under it and continue its fall in the global trend. The target is the support of 31.11.

#SOLUSDT

My Contact - Ask Linda
Call R.Linda's assistant Open / Comment

2022-08-19 11:36:17 Ideas For GBPUSD

GBPUSD . The chart shows the global trend and the price movement in the channel. We can see the attempts to break through the resistance, which were not successful. The currency pair did not have the strength to consolidate in the long zone after the breakdown and even to renew the local maximum formed on August 1.

A retest of the support level 1.1938 is formed, the price breaks through this level and consolidates downwards. I think that the downward trend movement may continue.

I assume that this breakdown of the support at 1.1938 may be true and we will see the continuation of the fall. The short-term target is the support at 1.176, and the medium-term target is the support at 1.16

#GBPUSD

My Contact - Ask Linda
Call R.Linda's assistant Open / Comment

2022-08-18 11:35:00 Ideas For XAUUSD

GOLD trades in a wide global range between 2070 and 1689.38 and now after the third bearish momentum ends and after a false break-down of the lower boundary of the range, it rallies to 1810 and reverses to support 1747.7.

The situation can develop multifaceted, but the assumed scenario is that the price can repeat the movement from December 2020 and form an impulse by the end of the year to the previously tested 2070 level.

It is worth paying attention to further development of the situation regarding support 1747.7, if the price tests and fixes above the level, there are all chances of growth to the upper border of the trading range - 1862.9.

#XAUUSD

My Contact - Ask Linda
Call R.Linda's assistant Open / Comment

2022-08-18 10:42:04 Ideas For EOSUSDT

EOSUSDT forms quite an interesting set-up. On the chart we have a change of trend, from a global downtrend, to a local uptrend from the point 1.065, formed on July 26, 2022. We have within the uptrend a test of 1.455 resistance, which was in the distribution format.

A deep false breakout, which was 26% of the level to the high, from which the pullback began to form. We see a strong impulse till the level of 1.836, after which there is a strong sell-off, which brings the price back to the short zone against the level of 1.455.

I assume that the price has no potential to break the resistance on the retest. I think a false-break set-up is forming now and after the price fixes under 1.455 we will see a fall. The short-term target is the support at 1.267, the medium-term target is the liquidity zone at 1.154.

#EOSUSDT

My Contact - Ask Linda
Call R.Linda's assistant Open / Comment

2022-08-18 10:10:02 Ideas For USDJPY

The USDJPY is trading in a strong uptrend. The chart shows how the price tried to break this price channel with a bearish break, now a false break. Price is trading above the support of the price channel again.

The price is approaching the retest of the resistance at 135.5, the breakdown of which suggests further growth of the price to the 137.45 mark. The currency pair has a potential of 1200 pips - up to the strong level formed in June 1998.

I assume that the growth of the price can continue, there are several targets on the chart. The short-term target is resistance at 137.45. Medium-term target is resistance of 139.37.

#USDJPY

My Contact - Ask Linda
Call R.Linda's assistant Open / Comment

2022-08-17 18:00:54 The advantage of those who join Individual Crypto:

8-15 signals per week
Av. Res. Per week: +1000%
Average Accuracy: 63%

Clear entry point
High potential take profits
Stop Loss with minimal risk

Positive reward/risk ratio
24/7 support

Buy a subscription Call R.Linda Open / Comment