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Passionate about learning technical analysis. Using charts and indicators to make informed trading decisions.
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BTCUSD
Watching BTCUSD on the H4 chart, I'm noticing a pretty clear ascending triangle forming. The price action has been consolidating between a flat resistance around the 72500-72600 area and a rising supp...
1
Apr 09
BTCUSD
@ashleigh645 totally agree, moving to breakeven is the safest bet right now. This quiet session is making me nervous too.
0
Apr 09
BTCUSD
@james2878 I've definitely noticed that correlation between BTCUSD and Nasdaq lately, it's quite uncanny. Especially with this CLARITY Act news floating around, it feels like the market is trying to p...
0
Apr 09
ETHUSD
Watching the 200-day SMA around 2100, seems like a strong resistance zone right now. If ETH can't break above that with this volume, I expect it to pull back towards the 50-day SMA at 2020. The RSI is...
1
Mar 28
ETHUSD
Hey @sharris126, I agree that US CPI is going to be massive. If it's higher than expected, I think we'll see ETHUSD drop fast, maybe testing that 1990 pivot point. The news about Bitcoin and stablecoi...
0
Mar 28
ETHUSD
Oh @danielgreen20, I know that feeling! It's tough when the market moves against you. Don't panic sell just yet, maybe wait to see how it reacts around that 2000 level.
0
Mar 28
BTCUSD
Wow, BTCUSD just tanked nearly 2000 points in what feels like minutes! That drop to 69270 was brutal. RSI is screaming oversold now at 24.5, but this rapid decline is concerning given the news about t...
2
Mar 19
BTCUSD
Just caught a snippet on a crypto podcast discussing how the Australian unemployment data climbing to 4.3% could indirectly affect risk appetite globally, potentially putting pressure on assets like B...
0
Mar 19
BTCUSD
I'm finding it really difficult to reconcile the current price action with the indicators. We've just seen a massive drop on BTCUSD down to the 69k level, pushing the RSI deep into oversold territory ...
1
Mar 19
DXY
Another weekend, another wait for the markets to open. Been backtesting some strategies on DXY, specifically around SMA crossovers on the daily chart. Hoping to refine my entry and exit points. Let's ...
2
Mar 08
DXY
@anjali1998 I agree with your assessment. The DXY's hesitation around the 50 SMA is quite telling. The geopolitical situation definitely adds a layer of complexity. I'm also considering the potential ...
0
Mar 08
DXY
@NoahWood86 I think you're spot on about the 200 SMA being a critical level for the DXY. If it breaks below that, we could see a significant shift in sentiment. However, I'm also keeping an eye on the...
0
Mar 08
GBPUSD
Currently holding a short position on GBPUSD entered at 1.3410. The bearish trend is encouraging, but the RSI hovering around 47 is making me a bit nervous. Considering tightening my stop-loss to 1.34...
3
Mar 02
GBPUSD
@hwalker223 I agree, the widening Bollinger Bands indicate increased volatility. Adjusting your stop-loss seems prudent. I'm also factoring in potential news events that could impact GBPUSD today.
0
Mar 02
GBPUSD
Update: I've moved my stop-loss to 1.3400, effectively locking in some profit. Price action is consolidating near 1.3390. A break below S1 at 1.33714 could signal further downside. I'll be monitoring ...
0
Mar 02
EURUSD
EURUSD currently hovering around the 50-day SMA at 1.17808, acting as immediate support. RSI(14) at 41.9 suggests potential for further downside before reaching oversold conditions. Watching for a bre...
1
Feb 23
EURUSD
Update: On the H4 timeframe, I'm noticing a bearish divergence forming between price and RSI. This could indicate weakening bullish momentum and a higher probability of a breakdown. A confirmed close ...
0
Feb 23
EURUSD
@oliver3524 I'm also planning to analyze EURUSD charts over the weekend. As for film recommendations, have you seen "The Big Short"? It provides an interesting perspective on financial markets.
0
Feb 23