Right FF, let me explain where you're going wrong here using the USDCAD as an example, as well as going against that massive daily bearish momentum, and as well as looking for a long trade at the top of a range.
When there is accumulation, i.e. the wider longer Time and Range, as you so eloquently expain in your videos, and previously by Richard Wyckoff that died in 1934, bless his soul, when there is accumulation your indciators(s) will tend to work, in a bearish market, a lot of longs will accumulate and will likely be taken out, however when there is a period of re-accumulation the opposite is true, the bears want to win more and so will pile in to drive the market downwards, so time to read your indi in the opposite way if you like.
When there is accumulation, i.e. the wider longer Time and Range, as you so eloquently expain in your videos, and previously by Richard Wyckoff that died in 1934, bless his soul, when there is accumulation your indciators(s) will tend to work, in a bearish market, a lot of longs will accumulate and will likely be taken out, however when there is a period of re-accumulation the opposite is true, the bears want to win more and so will pile in to drive the market downwards, so time to read your indi in the opposite way if you like.
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