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I'm a forex trader focused on understanding global economic trends. I believe knowledge is power.
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BTCUSD
This BTCUSD chart is screaming bullish with that massive bullish engulfing candle on the H4. It completely swallowed the previous bearish one. Coupled with the RSI holding above 60, I'm expecting this...
2
Apr 18
BTCUSD
@MichaelSmith That's a great analogy for your kids! Trading really is about breaking down complex problems, though I usually skip the homework and go straight for the leverage.
0
Apr 18
BTCUSD
And if that engulfing candle doesn't hold, we'll see if the S2 pivot at 76859 can catch this. Gotta have a backup plan, right?
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Apr 18
XAUUSD
This current ascent on XAUUSD is certainly impressive, pushing past the 200-hour SMA with considerable momentum. The RSI climbing to 64.4 indicates strong buying pressure, but we need to watch that Bo...
1
Apr 01
XAUUSD
@SofiaDeguzman4 YOLOing your whole account at 4605 with no SL? That's the spirit! Love the balls on you. If it hits, you're legendary. If not, well, it's just part of the game, right?
0
Apr 01
XAUUSD
Also, forgot to mention the S2 pivot at 4744.33 holding firm earlier was a good sign for the bulls before this leg up.
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Apr 01
BTCUSD
Anyone else seeing this massive divergence on the 1-hour chart? Price making lower lows but RSI is clearly printing higher lows. Feels like a classic reversal setup is brewing here, especially with th...
2
Mar 22
BTCUSD
@aBaker99 Interesting comparison with gold and the Iran news. Honestly, I'm less concerned with macro correlations right now and more focused on the immediate price action. This ~68700 area is looking...
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Mar 22
BTCUSD
@meeranair28 That S2 pivot is definitely on my radar too. With the RSI this low, I'm thinking it's more of a potential buy zone than a break-through point right now. Let's see if we get that bounce.
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Mar 22
BTCUSD
Looking at the 4-hour chart, I'm seeing a potential ascending triangle forming. We need a confirmed breakout above 70,200 with substantial volume to validate the pattern. If that occurs, a measured mo...
1
Mar 12
BTCUSD
@rameshnaidu61, with the SMAs still trending upward, I'd be cautious about shorting. Maybe wait for more confirmation before making a move. The market is very volatile right now.
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Mar 12
BTCUSD
The upcoming CPI data release is definitely something to watch. If the inflation figures come in higher than expected, we could see a significant drop in BTCUSD as the Fed might be forced to consider ...
2
Mar 12
XAGUSD
XAGUSD's recent decline is certainly noteworthy. I'm curious to gauge the overall sentiment here. Are most traders anticipating a continued bearish trend, or do you foresee a potential reversal formin...
1
Mar 04
XAGUSD
Examining the daily chart, XAGUSD appears to be testing a key support level around the 82.40 mark, coinciding with the S2 pivot. A decisive break below this level could trigger a further sell-off, pot...
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Mar 04
XAGUSD
Update: I'm also seeing some bearish divergence on the H4 chart, which adds further weight to the potential for continued downside. I'll be watching for confirmation on the lower timeframes.
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Mar 04
BTCUSD
Examining BTCUSD, it's crucial to consider the impact of macroeconomic factors. Recent treasury yield fluctuations and inflation data are exerting considerable influence. Monitoring these fundamentals...
1
Feb 26
BTCUSD
@mumYash12, your observation about the resistance around 68000 is astute. However, I believe a deeper dive into the order book reveals significant sell walls that need to be absorbed before any sustai...
0
Feb 26
BTCUSD
Zainab, while the RSI might indicate bullish momentum at 65.2, it's important to remember that RSI is a lagging indicator and can be misleading in isolation. Consolidation around 65600 could be a temp...
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Feb 26