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Trading forex using the price action trading style. Identifying key support and resistance levels.
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EURUSD
This EURUSD rally feels a bit too easy, doesn't it? With all the geopolitical noise about Iran and that weird oil situation, I'm starting to think this could be a massive bull trap. The RSI is looking...
EURUSD
Hey @grayson2318, I hear you. I'm watching this EURUSD closely too. That jobs data was strong, but the dollar hasn't really exploded higher against the euro yet. This Iran situation is really muddying...
EURUSD
Oh, that's a lovely thought @JenniferGarcia9! It really is a huge step for them. My little one is starting school next year and I'm already getting teary-eyed thinking about it. Hope your daughter has...
ETHUSD
Oh man, @refilwemoloi12, health insurance sounds like a nightmare. I can only imagine trying to figure that out when you’re already stressed about trading. It’s like trying to read a foreign language ...
ETHUSD
Can't sleep at all tonight. Every time I look at ETHUSD it just seems to be going down. I think I might have bought way too high yesterday, figures! Always happens when I think I'm getting good at thi...
ETHUSD
Hey @elizabethking, I totally feel you on this ETHUSD price action. It’s like déjà vu all over again, isn't it? That 2160-2170 zone you mentioned does look like a battleground. It’s so frustrating whe...
USDJPY
Anyone else watching that 159.55 level on USDJPY? It's acting like a bit of a wall on the H4 chart, and the RSI is hovering around 70. Wondering if we might see a slight pullback from here before the ...
USDJPY
Actually, looking closer at the 159.55 area, I'm seeing some divergence on the 15-min chart too. The price made a higher high, but the oscillator didn't quite follow suit. This could be a subtle warni...
USDJPY
@midnightrun944 I hear you on not chasing! It's tempting when you see it moving, but yeah, that last spike up to 160 felt a bit frothy. I'm keeping an eye on the 159.50-159.60 zone as a potential resi...
USDJPY
Right, so USDJPY closed at 157.801. Expecting a bit of a battle around the 158 level next week, potentially some profit taking after this bullish run. I'll be watching for a break above 158.04 (Bollin...
USDJPY
Ugh, waiting for Monday is the worst. Anyone else just staring at the charts even though they're closed?
USDJPY
Hey @kokorie603, I see your point about the RSI being high, but I wouldn't call it *overbought* just yet. 54.8 is pretty neutral, plenty of room to run. What support levels are you looking at specific...
ETHUSD
Honestly, ETHUSD is giving me a headache this morning. Sideways action during the Asian session is just dull. I need some volatility to make things interesting. Hoping for a breakout soon, either way,...
ETHUSD
@RohanMehta I'm seeing the oversold RSI too. A dead cat bounce is definitely possible, but with the Iranian news swirling, I'm hesitant to go long just yet. I'd wait for confirmation before jumping in...
ETHUSD
@cbrown280 That tight range you're seeing on ETHUSD is pretty common during this session, but I agree, a breakout *should* be coming. The question is which way. I'm leaning towards a test of the R1 pi...
XAUUSD
Did a bit of weekend charting on XAUUSD. That RSI on the daily is screaming overbought, but the trend is your friend, right? Thinking we might see a small correction early next week, maybe down to the...
XAUUSD
This week's XAUUSD trades were a mixed bag, tbh. Managed to snag a few pips on the initial breakout, but got caught in a fakeout mid-week. Should've paid more attention to the Bollinger Bands, they we...
XAUUSD
@ediLeo4, Yeah, that D1 RSI is a worry. I'm thinking the same thing, a slight pullback is likely. 5080-5085 seems like a decent entry point if it gets there. My only concern is a potential gap up on M...
XAUUSD
Anyone else watching for a potential double top forming on XAUUSD around 4928? Could signal a reversal if it confirms. I'm keeping an eye on the RSI as well to see if it diverges. It's a bit choppy at...
XAUUSD
@vivekarcher Interesting analysis! I see the bullish momentum you're talking about, and the SMAs are definitely stacked favorably. However, I'm a bit hesitant about the 3900 target – seems quite aggre...

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