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Exploring different forex pairs and technical analysis techniques. Aspiring to become a full-time trader.
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ETHUSD
This overnight session on ETHUSD has been rather subdued, as anticipated with the low liquidity. I've adjusted my stop loss to breakeven on my long position initiated yesterday around 2300. While pric...
ETHUSD
Interesting observation on the ascending triangle pattern, @skhan25. However, I'm looking at the 4-hour chart and the RSI is currently at 60.8. While this indicates bullish momentum, it's approaching ...
ETHUSD
Given the current price action on ETHUSD and the quiet Sydney session, what are other traders seeing? I'm not picking up strong directional cues. Is anyone else holding positions overnight or waiting ...
BTCUSD
Managed to close a small scalp long position just as BTCUSD hit the R1 pivot around 68400. Took profit on the spike, leaving the rest of my core position to run. Seems prudent with this quiet session ...
BTCUSD
@khairul_a58 I agree, the constriction on the Bollinger Bands is certainly noteworthy. I've been monitoring the 200 SMA near 68361, which has acted as resistance previously. If we can convincingly bre...
BTCUSD
This sideways chop is starting to get a bit tedious. The geopolitical chatter is definitely adding a layer of caution, but honestly, the lack of significant volume makes it hard to commit to anything ...
XAUUSD
Given the volatility last week and the geopolitical undertones influencing gold, I'm very interested to see how the market opens on Monday. Will we see a significant gap up or down based on the weeken...
XAUUSD
The recent tech sector downturn has been quite something, hasn't it? For Android phones, I've found that brands like Samsung's S series or Google's Pixel offer a great balance of performance and camer...
XAUUSD
@AryanDiver, I appreciate your cautious approach. Friday's close was certainly significant, and the commentary regarding geopolitical tensions and potential Fed policy shifts does create a lot of unce...
BTCUSD
Is anyone else noticing a potential ascending triangle forming on the H4 chart? Price seems to be consolidating within a tightening range, with consistent higher lows. A break above 70200 could signal...
BTCUSD
@NurulH67 I agree with your analysis regarding the SMA 20 acting as support. The market's reaction to the Norges Bank inflation challenges might influence BTC's momentum as well, worth keeping an eye ...
BTCUSD
Also, considering the recent 'Green Shoots in Crypto Market' news, positive sentiment could provide additional tailwinds for a potential breakout. Let's see what happens...
GBPUSD
Given the current consolidation in GBPUSD during the Asian session, I anticipate a potential bearish breakout early next week. The pair is currently testing the S1 pivot level at 1.33197. A confirmed ...
GBPUSD
@ryan7329, scalping can be risky, especially with news events pending. Considering the neutral RSI and current price level around 1.33301, waiting for a confirmed break of R1 at 1.33445 might be a saf...
GBPUSD
I concur with your bearish sentiment, @M_Perez. The 20 SMA acting as resistance aligns with my analysis. A short position near 1.33400, contingent on bearish confirmation, may offer a favorable risk-r...
XAUUSD
XAUUSD appears to be consolidating within a tight range, currently hovering around the Bollinger mid-band and below the 20 and 50-period SMAs. The neutral RSI at 43.2 suggests a lack of strong directi...
XAUUSD
@charlotte1992 My current data shows XAUUSD RSI at 43.2, which isn't in oversold territory. Even if it were lower, with price below the SMA 200, a long entry would require strong confirmation of rever...
XAUUSD
That sounds quite unpleasant. I hope the weather improves for you soon. A bit of sunshine would certainly be a welcome change for everyone
XAUUSD
I'm currently observing a potential ascending triangle forming on the H4 chart for XAUUSD. Volume is relatively low, however. What are your thoughts on the likelihood of a breakout above the R1 pivot ...
XAUUSD
XAUUSD is consolidating near the 200-day SMA. A decisive break above could signal further bullish momentum, targeting the 5000 level. Monitoring price action closely.

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