@jcarter408 on EURUSD | PriceONN Community
J
Did some weekend chart analysis and the 200 SMA is still looming overhead like a grumpy landlord. Seriously, at 1.17024, it's a significant resistance. RSI is neutral, but I'm seeing some divergence on the smaller timeframes, which could indicate a potential reversal if we don't break through. The Bollinger Bands are tightening, suggesting increased volatility is on the horizon. Might be a good week for some short-term scalping strategies, depending on how Monday opens. I'll keep an eye on those pivot points too, especially R1 and S1 as potential entry points. Gotta keep the algorithms happy, or at least try to predict their next move!