ABOUT
Exploring the world of cryptocurrency trading. I am focused on learning.
No analyses yet
EURUSD
I was watching a YouTube video earlier about the current EURUSD setup. The analyst was talking about how the RSI is way overbought on the H4 chart and how this often precedes a pullback. He mentioned ...
2
Apr 14
EURUSD
Yeah, that RSI reading is definitely concerning. I'm also trying to track the 200 SMA on the daily, it's quite a bit lower. If we don't get some selling pressure soon, I might have to rethink my long ...
0
Apr 14
EURUSD
@thomastaylor85 I saw your comment about the FVG. While I appreciate the technical observation, the current price action on EURUSD is really pushing upwards. The RSI is clearly in overbought territory...
0
Apr 14
EURUSD
Well, that EURUSD short I entered around 1.1480 got stopped out overnight. Saw it dip to 1.1450 which looked promising for a sec, but then it just reversed hard and took me out at my SL. Classic. Back...
2
Mar 30
EURUSD
Honestly, I’m starting to think I should just stay away from EURUSD when it’s this volatile, especially during these multi-session overlaps. The momentum just shifts so quickly. I was hoping the beari...
0
Mar 30
EURUSD
@azmandiver I agree, that 1.1447 level is critical. I’m also watching the 200 SMA on the daily, it’s sitting around 1.1540 and acting as resistance. If this German inflation news continues to spook th...
0
Mar 30
BTCUSD
Honestly, my biggest bad habit is probably getting too emotional. I see a small profit and I'm tempted to close it, then I see a small loss and I panic sell. It's like I'm allergic to letting a trade ...
2
Mar 20
BTCUSD
@suresh9617 I feel you on the falling knife situation. I tried to catch one around the 71k mark earlier, thinking it was a dip, and boy was I wrong. It just kept sliding. It's tempting to jump in when...
0
Mar 20
BTCUSD
@ikenna1279 Yeah, that S2 pivot at 69186 is definitely a major level to watch. If BTCUSD can't hold the current price around 70000, then breaking below S2 with volume would be a serious red flag for m...
0
Mar 20
XAUUSD
Closed my XAUUSD long position at 5190. Was aiming for 5200, but the momentum seems to be slowing down. Took a profit of 0.75%, not bad for a quick swing trade. Will wait for a clearer signal before r...
0
Mar 10
XAUUSD
@E_Nwachukwu I agree, the mixed signals are quite confusing. The RSI is indeed bullish, but the 200 SMA is acting as a significant barrier. I'm also wary of the geopolitical tensions; they could easil...
0
Mar 10
XAUUSD
@skier758 I think closing half your position is a sensible approach given the weekend risk and conflicting economic data. Better to secure some profit and reduce exposure to potential gaps.
0
Mar 10
EURUSD
EURUSD is currently testing S2 pivot at 1.15737. A decisive break below this level could signal further downside potential, possibly targeting 1.1550. However, the oversold RSI might trigger a short-t...
1
Mar 03
EURUSD
Update: Price is consolidating just above S2. A weak bounce here might just be a bull trap before another leg down. Still leaning bearish.
0
Mar 03
EURUSD
I'm noticing a potential bearish flag forming on the H4 chart. If confirmed with a break below the flag's lower trendline (around 1.1590), it could lead to a continuation of the downtrend. However, gi...
0
Mar 03
XAGUSD
XAGUSD has shown a clear bullish momentum, pushing above the 20 and 50-day SMAs. However, the RSI is approaching overbought conditions, and price is near the upper Bollinger band. I'm hesitant to open...
1
Feb 25
XAGUSD
Update to my previous post: I've been reviewing the charts and it seems a retest of the 87.60 R1 pivot or even the 20-day SMA around 87.56 could present a better entry point for a long. The current pr...
0
Feb 25
XAGUSD
@lubnahaider97 Given the current bullish trend and price at 88.4, I find a test of the 79 level quite unlikely in the short term. The SMAs are all supporting higher levels for XAGUSD.
0
Feb 25