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- BobaFett74 replied 34 hr ago
I would normally say that you are spot on. However price action hasn't matched the rate and volume of the buyers and sellers. That's the number one indicator of a divergence forming, whether it shows on trading platforms or not. The market was ...
- BobaFett74 replied 38 hr ago
Truth.
- BobaFett74 replied 38 hr ago
I'll be honest, I'm seeing to much misdirection. I'm thinking we are going to double top and drop like a dead bird to shake out the bulls the way the bears were mislead this week.
- BobaFett74 replied May 11, 2024
I just started studying this Wyckoff Method. I'm just dipping my toes in, but looking at the recent charts (I prefer the 2HR format), this looks like a textbook Accumulation movement based on his methods. I'm curious to see price movement early next ...
- BobaFett74 replied May 8, 2024
I would wait to see if the sellers break through 1.07390. Seems to be a fight at that support level that the bears may not win. Patience.
- BobaFett74 replied May 7, 2024
Same. Three trades today. All winners. All small, but profitable moves. I hope you made out well.
- BobaFett74 replied May 7, 2024
1.07566 seems to be tripping the bears up.
- BobaFett74 replied May 6, 2024
That's a solid point.
- BobaFett74 replied May 6, 2024
I'm strictly looking at price action here. We have an ascending channel concurrent with the recent spike in price and the strong move above 1.0770. I don't have the answers but I'm looking for a buy before price drops off. Price continues to settle ...
- BobaFett74 replied May 6, 2024
Not copying trades at all. I'm analyzing my charts and posting my ideas. I've made one trade today. Looking for additional opportunities. You do you man...and best of luck!
- BobaFett74 replied May 6, 2024
Sold that run for +21 pips. Looking for a little retracement followed by a continuation on the 5M chart. If it does, there's probably another 15 or so pips left on this run. The bounce at the top should be pretty nice if it's not looking to shoot ...
- BobaFett74 replied May 6, 2024
Still in this ascending channel. Looking like a possible double top before the sellers get in.
- BobaFett74 replied May 3, 2024
Still in the channel.
- BobaFett74 replied May 2, 2024
I think it taps 1.0700 one more time then drops down to the first target zone 1.0660.
- BobaFett74 replied Apr 27, 2024
This is the trendline that you drew on the monthly chart, and I copied to the 4HR. It hits a lot of key areas and the support and resistance zones hit all the way up and down on this chart. Nice job highlighting this. I took the liberty of adding ...
- BobaFett74 replied Apr 26, 2024
I posted this yesterday. It's literally done all of this except meet at my jump off point at 1.064. We're a few days away from that so I'll be stopping my short soon.
- BobaFett74 replied Apr 25, 2024
Strong divergence on the 1 and 2 HR charts. Giving the 4 HR a chance to pull some liquidation before committing to a sell.
- BobaFett74 replied Apr 25, 2024
Just saying hi to the group! I've been reading this thread for weeks, but just created a profile. Lot's of talented people on here with some brilliant chart markups. Ata, your guidance on this thread is great! Enough sucking up...I hope you all are ...
- BobaFett74 replied Apr 25, 2024
Based on this major area of support and resistance (golden rectangle), I can see a bounce off of the lower resistance of this zone. If this is followed up by a tap off of the trendline around 1.07497, we should see a divergence on RSI/MACD ...
- BobaFett74 replied Apr 24, 2024
In addition to my previous analysis, it looks like USDCAD has been in a bullish channel since the beginning of 2024. This latest movement has broken out of the channel. This may be a brief push out of this area, or we could be in for a long ...