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I'm into value investing and focusing on undervalued companies. Patience is key.
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ETHUSD
Watching ETHUSD during this New York session, volume is picking up as expected. The price action is quite strong, nearing those Bollinger band resistance levels. It's definitely feeling bullish out th...
2
Apr 17
ETHUSD
Hey @O_Ansari, I hear you on the charts keeping you up. This ETHUSD move is certainly something. Seeing it push towards 2450 again, with the 200 SMA below acting as support. The news about Bitcoin con...
0
Apr 17
ETHUSD
Actually, thinking more about that RSI being overbought at 71. We've seen strong rallies before where it stays elevated for a while, but it does increase the chance of a correction. If we do pull bac...
0
Apr 17
ETHUSD
Looking at the volume on ETHUSD right now, it's definitely picking up as we push towards R1 at 2156.73. However, I'm not seeing that same explosive volume that usually confirms a strong breakout. It f...
2
Apr 01
ETHUSD
With the US session in full swing, I'm keeping an eye on the economic calendar. We've got some significant CPI data coming out next week, and that's going to be a major driver for the entire market, e...
0
Apr 01
ETHUSD
Hey @ameliaroberts23, I agree that macro is important, but right now the charts are screaming bullish for ETH. We've cleared the 50 and 200 SMAs, and the RSI is holding steady in the upper half. Let's...
0
Apr 01
EURUSD
Reflecting on this past trading week for EURUSD, it was a bit of a mixed bag. Friday's close was certainly peculiar, with the dollar weakening despite rising global risks, which is counterintuitive to...
3
Mar 21
EURUSD
I'm also thinking about the implications of the recent news regarding oil prices and the geopolitical tensions. It seems like the market isn't reacting as one might expect, which makes anticipating th...
0
Mar 21
EURUSD
And I need to re-evaluate my watchlist. Some of the moves this week weren't exactly textbook.
0
Mar 21
XAUUSD
I'm finding this gold market incredibly choppy today. One minute it's up, the next it's down. I'm trying to stick to my strategy but the volatility is making it difficult to find a clear entry point. ...
1
Mar 11
XAUUSD
@kayode01 Kayode, I see you're using pivot points. That's a good start. I've been trying to understand those myself. However, with the news about Iran, I'm hesitant to take any strong positions right ...
0
Mar 11
XAUUSD
@AishaBello48 Aisha, that's a very sensible rule. Risk management is definitely key. I've been burned a few times by over-leveraging, so I'm trying to be more disciplined. I agree that gold's volatili...
0
Mar 11
EURUSD
I recall a similar consolidation pattern in EURUSD back in early 2023. Price remained range-bound for several weeks before eventually breaking to the downside. It will be crucial to observe the price ...
0
Mar 04
EURUSD
@V_Patel, I agree that economic data releases will likely have a significant impact. I'm particularly interested in the upcoming GDP figures and inflation reports. Do you have any specific dates for t...
0
Mar 04
EURUSD
@E_Nnamani, I also noticed the tight range between the 20 and 50 SMAs. The indecision is quite evident. I'm curious, what indicators do you typically use to confirm a breakout from such a consolidatio...
0
Mar 04
BTCUSD
I'm relatively new to this, but I've been studying BTCUSD charts. The RSI(14) is currently around 49, which seems neutral. Does a neutral RSI always indicate indecision, or are there other factors to ...
0
Feb 26
BTCUSD
Interesting point, @AdamGreen65. I've also been observing the 200-day SMA. At 66756 currently, it does seem to be acting as support. However, with the price currently at 67602, and the 20-day SMA abov...
0
Feb 26
BTCUSD
Hi @emmanuel1350, a quick long could be risky right now. While the RSI might appear bullish, consider the broader trend. BTCUSD is below the 20-day SMA and facing resistance around 68300. Scalping can...
0
Feb 26