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- BobaFett74 replied 31 hr ago
This would correlate with most diamond patterns on the weekly chart. I understand fundamental and technical analysis may contradict that move, but the diamond pattern don't lie either. I like your analysis.
- BobaFett74 replied Jun 28, 2024
I mean EURUSD staying under the 21EMA (4H chart) for like this whole week, so that supports your assessment. It's Friday though, so money probably will do the opposite of what we expect lol.
- BobaFett74 replied Jun 25, 2024
Just type in Everex in your TradingView indicators box...there's only one. Google the indicator and it will take you to a page that gives you a whole master class.
- BobaFett74 replied Jun 25, 2024
There's an indicator that goes with that too. Very enticing.
- BobaFett74 replied Jun 24, 2024
I mean this looks like a pending bounce off of the 21 EMA. Additionally, we just bounced off the resistance line of a bearish channel. I'm no expert, but that looks like a long bearish move on the way.
- BobaFett74 replied Jun 23, 2024
Let's go! Start of a new week. I hope everyone gets what they want out of the market this week!
- BobaFett74 replied Jun 23, 2024
I appreciate your candor in rethinking your position. Not that I disagreed with your initial take, but it's always good to admit that there are two sides to the coin here and whatever initial information you have may not always jive with market ...
- BobaFett74 replied Jun 19, 2024
I think he's referencing Elliott Waves. But yeah, basic market structure is still intact. Looking at the movement from a pure Wyckoff perspective, we don't even know if we've hit the bottom yet, so moving to 1.078 is a probable short term move, but ...
- BobaFett74 replied Jun 19, 2024
I'm seeing the same downward channel. Conversely, DXY has an upward channel with a slightly different range, confirming this current structure.
- BobaFett74 replied Jun 18, 2024
Beautiful rejection candle. Looking at DXY, it was predictable. Probably my best take from a reversal yet.
- BobaFett74 replied Jun 14, 2024
On the 15M chart, looking like a setup for an IH&S pattern, or a larger drop.
- BobaFett74 replied Jun 13, 2024
The flip side to that, is this downward move may not be done. Even if 1.0720 seems to be a strong support zone. We are coming out of a diamond pattern. Diamond patterns usually come in from a direction and leave the same way they came. In this case, ...
- BobaFett74 replied Jun 13, 2024
We're going to double bottom at 1.07810 and then bulls are taking the day from there.
- BobaFett74 replied Jun 11, 2024
I feel that. I was going against my trading strategy for about a week and it cost me a little bit on my main fund. Back to being disciplined and waiting for the signals that I use.
- BobaFett74 replied Jun 11, 2024
Simply beautiful. Picked apart the divergences (almost all timeframes 4H and lower), looked at DXY to confirm. Got in at the bottom.
- BobaFett74 replied Jun 7, 2024
Next target on this run: 1.07885. Then probably a rather sizeable retracement, followed by 1.073ish?
- BobaFett74 replied Jun 7, 2024
Good...bring your paddles and epi and go to work!!!
- BobaFett74 replied Jun 7, 2024
The bulls are bleeding badly...someone get them a med kit!
- BobaFett74 replied Jun 7, 2024
Not a real strong retracement. Is this just the first leg of a larger correction? We have less than a 20% Fib retracement at this point which could indicate further downward movement. Potential preliminary stop with a secondary correction? If you've ...
- BobaFett74 replied Jun 6, 2024
It's been a great day to scalp on the 1M chart. Everything else is garbage.