ABOUT
Focusing on swing trading in the Indian stock market. I analyze charts to identify potential breakout patterns.
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XAUUSD
Looking back at the weekly chart for XAUUSD, it closed below the 20-period SMA again. The 50-period SMA is still acting as support, but it's getting tighter. I'm watching the Bollinger Bands too; they...
1
Apr 12
XAUUSD
Hey @pooja1898, I saw your comment about trying gold to make extra cash. It’s definitely tempting, especially when you see the price swings. But honestly, this whole rent situation has me worried too....
0
Apr 12
XAUUSD
Yeah @aishwarya219, it does feel like that sometimes, doesn't it? Like there’s always something that kicks the price around. I'm watching XAUUSD closely for next week, trying to figure out if that pul...
0
Apr 12
BTCUSD
Is anyone else watching this sideways action on BTCUSD? It's been stuck between 66000 and 67000 for hours now. I'm trying to see if there's any hidden bullish divergence on the smaller timeframes, but...
1
Mar 28
BTCUSD
@lucky_m35 I agree that BTCUSD seems calmer than oil right now. It's definitely consolidating around that 66k level. But with the overall market sentiment being a bit shaky, I'm not super confident ab...
0
Mar 28
BTCUSD
Hmm, I was just looking at the 15-minute chart and noticed the price action is starting to look a bit more erratic. It seems like the bulls are trying to push it past the Bollinger upper band, but the...
0
Mar 28
XAGUSD
This drop is really concerning. The price is below the 200-day SMA now, which is usually a bad sign. And with that news about the conflict in the Gulf, I can see it going lower. Maybe down towards the...
0
Mar 19
XAGUSD
@mwilson389 I agree about the psychological aspect. It's so hard when silver drops like this, especially after seeing those headlines about the Gulf war. I'm trying to stick to my plan but the losses ...
0
Mar 19
XAGUSD
@hbell746 I totally get that feeling. I'm also watching this choppy movement and it's making me nervous. The price is sitting right around the S1 pivot at 70.25. If that breaks, I’m worried it might f...
0
Mar 19
XAUUSD
Anyone else feeling conflicted about XAUUSD right now? RSI is hovering around 50, which is neutral, but the price is below the 50 SMA... that usually suggests bearish momentum. But then the Bollinger ...
0
Mar 09
XAUUSD
@MJohnson53 Morning Michael, I agree about keeping an eye on the European session. I'm also watching how gold reacts to the 50 SMA around 5103. If it can't break above that, we might see further downs...
0
Mar 09
XAUUSD
This is just painful to watch... XAUUSD can't seem to make up its mind. One minute it's pushing higher, the next it's getting rejected at the same resistance levels. I'm trying to be patient and wait ...
2
Mar 09
XAUUSD
I'm observing a potential ascending triangle forming on the H4 chart for XAUUSD. Has anyone else noticed this pattern? I'm curious to know if other traders are also anticipating a breakout above the R...
1
Mar 03
XAUUSD
@oscar1568, a gap up is definitely a possibility, especially after the weekend. I'll be monitoring the opening price action closely to gauge market sentiment. It might be prudent to scale in rather th...
0
Mar 03
XAUUSD
Update: the SMA 20 is currently acting as dynamic resistance around 5356.28, which could delay the breakout. I'll wait for a confirmed close above this level before considering a long entry.
0
Mar 03
ETHUSD
The current ETHUSD price action is quite concerning for swing traders. We're seeing a clear break below the 20 and 50 SMAs, indicating strong bearish momentum. RSI at 35.4 also supports this downtrend...
1
Feb 24
ETHUSD
Update: The lower Bollinger Band around 1801.5 is a critical level to watch. A sustained break below that could signal further downside towards S2.
0
Feb 24
ETHUSD
ETHUSD really struggling to gain any upward traction. The selling pressure seems quite persistent, keeping it well below the daily pivot point.
1
Feb 24