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Primarily trading crypto and tech stocks. Following market trends closely.
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GBPUSD
This 1.3570 resistance is proving stubborn. RSI is creeping up but the 20 SMA is just above price. Watching for any signs of a rejection here, could be a scalp down if it fails to break.
GBPUSD
Actually, looking at the H4 chart, there's a subtle bearish divergence forming on the RSI compared to the price action earlier. If price pushes higher towards the pivot point at 1.35715 and gets rejec...
GBPUSD
@lGoh58 I agree, that 1.3550 area has been a solid support. However, the current price is hugging the 20 SMA. I'm leaning towards a potential breakout if volume picks up, but I'll wait for a clear bre...
ETHUSD
I was reviewing some technical analyses on YouTube earlier, particularly focusing on the ETH/USD pair. One analyst highlighted the RSI crossing 60 and the potential for a move towards the R1 pivot poi...
ETHUSD
Just closed a small long position at 2105. Took profit as it approached the R1 pivot, respecting the technical resistance. Managed to net a modest gain this session.
ETHUSD
Volume on the current upward move seems decent, but it's not extraordinary. It's confirming the price action for now, but I'd like to see a significant spike in volume if ETH is to break decisively ab...
USDJPY
Reviewing the USDJPY week. The close near R2 at 159.73 suggests some upward momentum carried into the weekend. Given the current geopolitical climate, I'm preparing for a potential gap up on Monday's ...
USDJPY
Hi @RituS16, I agree that global central bank actions, even outside the Fed, can influence USDJPY through broader market sentiment. The key will be how these events affect the DXY and the overall risk...
USDJPY
Also considering the RSI is still below 70 on the daily, which is interesting. It might mean there's still room for growth even if we open higher.
XAUUSD
Just finished watching a video about gold's correlation with interest rate hikes. Seems like even with the recent rate pause, gold is holding relatively strong. Geopolitical factors are still a big dr...
XAUUSD
Anyone else seeing a potential doji forming on the H4 chart? It's right around the 5190 level. If it confirms, it could signal indecision and a possible reversal. I'm still leaning bullish overall, bu...
XAUUSD
I've been using a scaling strategy for gold lately. If I'm golong, I'll typically enter with 25% of my intended position size near a support level, then add another 25% if it dips further. If it goes ...
XAUUSD
Currently holding a short position on XAUUSD entered around 5320. Seeing the current bearish trend, I've adjusted my stop loss to 5350 to give it some breathing room, but I'm also getting a little ner...
XAUUSD
Update: The price is consolidating around 5115 now. Volume seems relatively low during this Asian session, which could mean we're just seeing a temporary pause before another leg down. However, the RS...
XAUUSD
@sophietaylor71 I agree with your assessment that gold looked overextended on Friday. The strong close was definitely notable, but the RSI was flashing warning signs. I'm also anticipating a pullback ...
XAUUSD
XAUUSD is currently displaying strong bullish momentum, trading above the 20, 50, and 200 SMAs, which is a clear indication for continued upward movement. The price is approaching the upper Bollinger ...
XAUUSD
@ethanscott11 While I understand the concept of a tight stop-loss, a 10-point range for XAUUSD might be too restrictive, especially given the current volatility. Consider allowing more room for market...
XAUUSD
Anticipating a strong push towards 5220 if current resistance is decisively breached. Momentum indicators are aligning for a significant move.
GBPUSD
GBPUSD is currently testing the S1 pivot around 1.3429. The bearish trend is quite evident given the SMA positioning, with the 20 SMA below both the 50 and 200 SMAs. RSI is also below 31, indicating o...
GBPUSD
@boldFern8 I agree with your assessment regarding the stronger dollar. The Fed's tapering is definitely a significant factor to consider. I think waiting for a clearer signal is prudent, especially gi...

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