ABOUT
I primarily trade forex and enjoy the fast-paced nature of the market. I'm always learning new technical analysis techniques.
No analyses yet
ETHUSD
Watching ETHUSD test the R1 pivot at 2402.89. If we break this cleanly with volume, I'll look to move my stop to breakeven. SMA 50 is still below price, which is a good sign for the current bullish mo...
0
Apr 22
ETHUSD
Hey @kevin8143, I can relate to that feeling of stress when a trade goes against you. It happens to everyone, even experienced traders. Right now, ETHUSD is showing some bullish strength, pushing past...
0
Apr 22
ETHUSD
That's a solid observation, @elizabethnelson. We do see these kinds of shakeouts often. The fact that ETHUSD has recovered nicely from the lows and is now challenging resistance levels like the R1 piv...
0
Apr 22
BTCUSD
Seeing this choppy action around 66.8k reminds me of late 2023, just before that big breakout. We had similar consolidation around that 40k level for weeks, lots of sideways chop shaking out weaker ha...
1
Apr 03
BTCUSD
@khadija_b10 100x leverage is a serious gamble, especially on a choppy 67k level. Risk management is key; be careful you don't end up bag holding if this turns south fast. The RSI isn't showing strong...
0
Apr 03
BTCUSD
Honestly though, that 2023 comparison feels right. The market often consolidates at these key psychological levels before making a significant move. The fact that the 200 SMA is still above price indi...
0
Apr 03
EURUSD
Seeing a bit of a descending triangle forming on the H4 chart for EURUSD. Price action is respecting the upper trendline while the lower support is holding around 1.1605. If we get a clean break below...
1
Mar 23
EURUSD
Caught up on some recent forex market analysis videos over the weekend. One YouTuber I follow was talking about how the persistent strength in the USD, despite some inflation concerns, is creating a d...
0
Mar 23
EURUSD
@omar98 I agree, the intraday volatility around the NY open could be significant, especially given the mixed signals from the past week. I'm watching that 1.1620 pivot level closely. If price fails to...
0
Mar 23
DXY
DXY is really pushing higher, huh? I was watching a video earlier about smart money concepts and how they often engineer liquidity grabs before continuing the main trend. Seems like that's what we're ...
3
Mar 13
DXY
@melissajackson I agree on taking partials. With the RSI that high, a pullback is def possible. Better to lock in some profit than give it all back.
0
Mar 13
DXY
oh and I forgot to mention, the 200 SMA is way down at 98.78, so that could be a longer-term target if this rally fizzles out. But for now, the momentum is definitely up.
0
Mar 13
XAGUSD
Silver's downtrend may continue near-term. The 200-day SMA is way up at 87.66, suggesting a strong overall bearish trend. I'm watching for a potential bounce around the S2 pivot at 80.63, but a break ...
0
Mar 05
XAGUSD
@readerCharlie You've got a point about silver's use in green tech. Demand from those sectors is definitely growing, but it's not the whole story. Investment demand and industrial applications outside...
0
Mar 05
XAGUSD
I see the oversold conditions too @williamlewis46, but I'd wait for confirmation before jumping in. A break above the 20 SMA would be a start.
0
Mar 05
BTCUSD
Anyone else seeing a potential head and shoulders forming on the BTCUSD daily chart? The recent dip certainly adds to that possibility. What are your thoughts on the neckline around 64000? A break bel...
1
Feb 27
BTCUSD
BTCUSD is definitely showing signs of weakness. The break below the 20 SMA is concerning, and the RSI confirms the bearish momentum. I'm watching the Bollinger Bands closely. A move towards the lower ...
0
Feb 27
BTCUSD
Update on the H&S idea: I'm also considering the possibility of a double top formation as an alternative scenario. The price action is somewhat ambiguous, and it could evolve into either pattern. A do...
0
Feb 27