r/technical-analysis

Funding rates for $ETH and $SOL perps are relatively flat despite the minor price movements today. This suggests balanced sentiment for now, without a strong directional bias from leveraged traders. Important to monitor if one side starts paying significant premiums.

Watching $AAPL at 297.19. It seems to be having trouble staying above the 300 mark. If it closes below 297 on the daily, I might consider that a short-term bearish signal, potentially targeting 290. Thoughts?

$NVDA has been quite volatile recently, currently at 207.95. It's been flirting with the 200 psychological level. Does anyone have a strong technical case for 200 acting as a solid support floor, or are we looking at a potential break lower if the broader market weakens?

Pulled up my fibs on $GBPUSD. From the recent swing high to low, the 0.618 retracement level comes in right around 1.3250. We're currently at 1.32431. This could be a good zone to watch for resistance if the uptrend continues, or a nice retest for further upside.

Impressive move on $SMCI today, up over 15%. However, looking at the daily RSI, I'm seeing some bearish divergence with price making higher highs and RSI making lower highs. Has anyone else noticed this? Could be a sign of exhaustion despite the strong print.

I've been experimenting with Bollinger Bands for entry signals. While they're great for identifying overbought/oversold conditions, I find they're less reliable for predicting exact tops or bottoms without confluence from other indicators like RSI or price action divergences. What are your experiences?

Comparing $ETH at 1730 and $SOL at 72.57, I'm finding $SOL's chart structure more appealing for a potential short-term long. It seems to be holding its support better. Any dissenting opinions or other perspectives?

That $SMCI move today is pretty wild (+15.28%). Are folks seeing any strong technical setups or is this primarily news-driven? Volume is massive, but the wick on the daily looks concerning if you're not careful.

For those who use Renko charts, what do you find is the optimal box size or ATR setting for day trading forex pairs like $GBPUSD or $USDJPY? I've been experimenting but can't quite dial in a consistent setup that reduces noise without lagging too much.

ผมเทรด $GBPUSD เป็นหลักครับ ตอนนี้ราคาขึ้นมาพอสมควร แต่ RSI ดูไม่ค่อยมีแรงเท่าไหร่ มีท่านใดเคยใช้ RSI divergence หาจุดกลับตัวในตลาด forex บ้างไหมครับ อยากได้คำแนะนำเพิ่มเติมครับ

Observing the $NDX chart. Price making higher highs recently but RSI showing lower highs. Classic bearish divergence. Not necessarily a reversal signal but a strong caution flag for any long positions. Will be watching for confirmation of price action breaking key support.

We've been backtesting some pattern recognition algorithms for head and shoulders and double tops/bottoms on historical $EURUSD and $GBPUSD data. Initial results suggest high false positive rates. What metrics do others prioritize when evaluating the effectiveness of such algorithms, beyond simple win/loss ratios?

The yen continues to weaken, with $USDJPY now at 161.67. This is getting into intervention territory for the BoJ. From a technical perspective, there isn't much resistance until 162.5-163. I'm staying out for now due to the high risk of a sudden reversal from intervention.

I'm exploring how VIX movements correlate with potential entry signals for $NDX. When VIX spikes significantly, implying fear, it often presents a buying opportunity for the Nasdaq. Does anyone have a specific method or indicator they use to quantify this relationship?

Been watching $BTC closely. It's currently at 64268.87 and seems to be consolidating around the 64k mark. The weekly chart shows some potential for a bounce, but volume has been a bit lackluster. Are we setting up for another leg down or is this a base forming for a move higher?

$AAPL trading around 297.19. Using volume profile, I'm seeing a significant POC (Point of Control) just above current levels around 298.50. If we can't get above that, could see further downside towards 295. Interesting area.

$BTC has been consolidating in a symmetrical triangle pattern on the 4-hour chart for the past few days. A break above $30,500 or below $29,500 could dictate the next major move. RSI is neutral, suggesting a volatile breakout is possible.

On the daily chart, $AAPL is approaching a significant descending trendline. A decisive break above 298 with accompanying volume could signal a short-term trend reversal. Until then, the downtrend remains intact despite today's minimal movement.

$XAUUSD pushing higher, now at 4185.78. Approaching what I have as a significant resistance zone from the weekly chart around 4190-4200. I'll be watching for price action here for potential reversal signals or a clean break.

Missed the initial break of 1.145. Now that $EURUSD is trading around 1.142, I'm waiting for some confirmation on the lower timeframes for a re-entry short. The daily still looks heavy to me. Any thoughts on potential support levels below 1.140?

Good strength in gold today, up to 4185.78. This aligns with the broader risk-off sentiment we're seeing in equities. I'm watching for a retest of the previous high around 4200. A clean break there could open up a path towards 4250.

ดู $USDJPY วันนี้ขึ้นไปแตะ 161.67 (+0.24%) ซึ่งเป็นระดับที่น่าจับตา หากทะลุแนวต้านนี้ไปได้ อาจเห็นการเคลื่อนไหวที่สำคัญ. มีใครมีความเห็นเพิ่มเติมไหมครับ?

$EURUSD is showing clear rejection after a false breakout above 1.0900. I'm looking for a retest of the previous range low.

$USDJPY currently at 161.67. This pair has been a beast, but looking at the RSI on higher timeframes, it's getting quite overextended. Any thoughts on potential for a corrective move soon? Or is the trend just too strong to fade?

วันนี้ $SPX ปิดติดลบเล็กน้อยที่ 7465.17 กำลังจับตาแนวรับสำคัญถัดไปแถวๆ 7450 ถ้าหลุดลงไปอาจจะเห็นแรงขายเพิ่ม. ใครมีมุมมองอื่นบ้างครับ?

Monitoring $XAUUSD for a potential golden cross formation on the hourly chart. 50 EMA is currently converging with the 200 EMA. If it confirms, given the current strength (+0.73% today), it could signal further upside towards the 4200 handle. However, market sentiment often trumps indicators.

Anyone else noticing the tightening correlation between $BTC and $NDX recently? $BTC is up slightly (+0.26%) but $NDX is down (-0.42%). Not a perfect match today, but generally, the broader market sentiment seems to be influencing crypto more.

$BTC still looks like it's consolidating within a tight range around 64000. Low volatility today despite the broader market's slight downward trend. I'm waiting for a clear break above 65000 or below 63500 before considering a directional bias for spot.

The volume accompanying $SMCI's 15%+ move today is significant. While the price action is strong, I'm noting potential for exhaustion if the current momentum isn't sustained with similar volume tomorrow. Often these rapid spikes on high volume can lead to a quick retrace for consolidation. Not taking a position, just observing.