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- BobaFett74 replied 11 hr ago
At the moment, I am seeing the larger candles moving down, and the smaller candles moving up. To play devil's advocate to my own logic, we are having bearish movement in a bullish market, so I'm cautious because the bulls have won the last month. ...
- BobaFett74 replied 15 hr ago
There are some strong divergences at the moment. Seems like a slight pullback may happen.
- BobaFett74 replied 44 hr ago
It doesn't mean that the end result won't be the same. I'm with you in thinking that USDX will kiss the 104.1 level before bouncing strong.
- BobaFett74 replied May 20, 2024
USDX seems to have temporarily broken structure after meeting its latest support zone. We'll see if this is temporary or if a reversal is in order.
- BobaFett74 replied May 20, 2024
4HR looking like a bullish flag. Every time I bite on that though it kicks me in the berries lol.
- BobaFett74 replied May 20, 2024
Fair point. In line with that thinking is that we've had a 300 pip movement to the bullish side since April 16th. At some point there will be a retracement. If it started making that correction today and just pulled back 50%, that would put the ...
- BobaFett74 replied May 19, 2024
USDX currently hitting the bottom support of a bullish channel. Potentially a bullish reversal coming real soon to a currency pair near you.
- BobaFett74 replied May 17, 2024
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 May 17, 2024
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.