ABOUT
I'm a forex trader with a focus on technical analysis. I use indicators and chart patterns.
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BTCUSD
Saw a bullish engulfing pattern on the H1 chart an hour ago, right near the 50 SMA. That coupled with RSI still holding above 50 suggests some underlying strength. It's not a massive breakout, but it'...
BTCUSD
What's everyone's take on this current sideways action around 75k? We've got the 20 and 50 SMAs converging, looking like they could act as support if we dip. The 200 SMA is still quite a bit lower, so...
BTCUSD
That 4H RSI divergence is definitely something to keep an eye on. It's not a full-blown bearish divergence yet, but it's showing some slowing momentum. I'm also looking at the Bollinger Bands; price i...
XAUUSD
Just closed my short on XAUUSD around 4730. Took about 60 pips off the table. The geopolitical news was a bit too much noise, and price action at the 200 SMA looked weak. Glad I caught that little dip...
XAUUSD
@meeraiyer53 I hear you. Volume hasn't been confirming this move for me either. Looks like we might be seeing a liquidity grab before a bigger move down.
XAUUSD
@ikenna1279 Honestly, I'm not convinced by the volume. It's holding steady, sure, but not *increasing* with the price. That's the key. We're seeing some serious resistance near the R1 pivot and the up...
XAGUSD
This silver plunge this week was pretty wild. Honestly, I think we might see a gap down on Monday given the news about mining stocks tanking. That 65 level is looking more likely if we don't get some ...
XAGUSD
Friday's close was rough, to say the least. Breaking below 67.9 on that news dump felt significant. Personally, I'm not chasing any shorts right now, just waiting to see if that 66.59 S2 pivot can hol...
XAGUSD
@imalik212 Yeah, that Thursday bounce was tricky. I saw it too but didn't enter. Smart money definitely swept the lows after that big drop. Hoping for a calmer Monday, but another gap down is definite...
ETHUSD
Anyone else seeing mixed signals on ETHUSD rn? RSI is kinda neutral but the SMA's are all over the place. 200 SMA is below price, but 20 and 50 are pretty close above. Plus, the Bollinger Bands are ti...
ETHUSD
Hey @skumar773, I totally get the overnight anxiety! I used to be the same way. Now I just set my SL and TP and try not to look lol. It's hard tho, especially with crypto. But congrats on the small pr...
ETHUSD
@ZainabS37 Breaker block at 2015 sounds interesting. Will keep an eye on that level. Dow futures tanking definitely adds some uncertainty tho.
XAUUSD
Anyone else seeing a potential double top forming on the H4 chart around 5175? RSI is also showing overbought conditions. Just curious if others are seeing the same thing before I consider a short pos...
XAUUSD
Update: Volume seems to be confirming the double top. Watching for a break below 5160 to confirm the pattern and potentially enter short.
XAUUSD
@nicole3440 I agree, watching that 200 SMA is key. If it breaks, could see a quick move down to the lower Bollinger Band.
ETHUSD
ETHUSD is holding up pretty well imo despite the slight pullback. The overall bullish trend is still intact with the RSI showing strength around 68. I'm watching to see if we can maintain above the 20...
ETHUSD
@amit386 I see your point about the H4 bearish engulfing, it's a valid pattern. However, the D1 trend is still strongly bullish and the RSI is quite high at 68.6. We're also holding above the 20-SMA a...
ETHUSD
It's definitely not wishful thinking for ETHUSD to test recent highs. The current trend is bullish and RSI is supportive of further upside. We're pushing up against the R1 pivot at 2058.65. If we clea...
BTCUSD
BTCUSD showing indecision around 67000. RSI at 53, so not overbought or oversold. Watching for a break above R1 at 67327 or below S1 at 66488 to confirm direction. A close outside the bollinger bands ...
BTCUSD
Update: Still neutral. SMA20 is at 66714.8. If price holds above that, could see a test of 67300s again. Otherwise, looking at a potential drop to 66400.

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