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- 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 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
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 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
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 ...
- BobaFett74 replied Apr 24, 2024
I'm seeing your logic. I'm seeing this in two fronts: 1: A potential upside down head and shoulders which could spike bullish and move to the previous high. If it does this, I see a potential double top. 2: A radical bearish move over the next few ...
- Posts by Member Search: 'BobaFett74'