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USD/CAD | Swing Trade Update 1.2The market giveth and the market can take it She is only fair if you are reasonable and disciplined. Have you been eating your popcorn like I suggested a few posts back? Weekly & Daily dynamic TL’s have been tested and broken. The nay sayers will come out of the wood works and tell you “but kind sir, it pulled back and closed above it so it failed.” Indeed my new disciple, you have lots to learn. Only because she has failed does not mean her intentions weren’t clear. Testing lows and shaking the weak out of their positions with reversal candle stick type patterns are their rhetoric. Indies below 50 with plenty of room to fall and continuation patterns should be presenting themselves. Observe price action and don’t hope the market will move in your favor. Trade what you see and not what you think. Break time, I need more popcorn....
Short
by theyfollowme
USDCAD - Short Swing Trade 1.1Ladies and gentlemen, we are here, another beautiful August day, observing and remaining patient shall be the name of the game. Hold on to your horses, don't let the devil tempt you into a long as the set up is serendipitously becoming more real. Multiple Levels of confluence. A rejection at a key monthly level of resistance. The weekly dynamic TL has been broken and retested. Head & Shoulder pattern developing at more key levels. Indicators resting at the 50 level and itching for a bounce. Watch for a Frankfurt fake out- banks will take out stops and get in at a better price on your hard earned bread crumbs. I've got popcorn in the microwave and you should too. Market gives to those that are patient, watch how it unfolds over the next couple weeks. Follow me and swing trade your way to freedom.
Short
by theyfollowme
DXY - Swing Trade If you’ve been reading and following the last couple posts you would know that we are disliking the US dollar against the looney. If you haven’t thats ok, just make sure you check em out after this. It adds further confirmation to the ideas presented. If your dinner has been served and you’re ready to keep things simple then look at the weekly index for the dollar and notice the heavy divergence. Wait, let me stress this further, look at how dang LONG this has been developing for. Patience is a virtue and the market rewards those that are patient. I’m going to sound repetitive because you all are too greedy and always want to be in the market picking tops and picking bottoms. This divergence and lack of momentum signals exhaustion and adds fuel to our shorts with UCAD. Don’t go bald pulling your hair out, hold on to the laurels this will be a ride. See ya soon folks.
TVC:DXYShort
by theyfollowme
3
selby_exchange - BTCUSD - Selby Bitcoin Price AnalysisNew price/time prediction system of extrapolation based on linear regression and EMA . Looking for BTCUSD on Coinbase to hit between $2800-$2500 by 12/28 Selby finding creative patterns in charts on Tradingview! Not advice for investing lol, but I am one to watch ;) Rebellion=Change=Future the 1day is showing support at the $2800 zone on 12/28 so it may be difficult to drop below that level until a later date the linear regression on the 1wk is still very bullish
COINBASE:BTCUSDShort
by selby_exchange
Selby Bitcoin Price AnalysisNew price/time prediction system of extrapolation based on linear regression and EMA . This call has two different lows first $5967 and then $5561. If we go below $5686 on the 1day we will be on our way to new ATH's if not we can expect more sideways action for the foreseeable future. The call ends at $6484 on December 3rd. It is interesting that most everyone thinks 6K is so strongly supported and the bottom is already in. The BTCUSD instrument has hundreds of millions of dollars sitting and waiting at 6k so I understand most peoples ideas about that being the bottom. However in order for BTCUSD to have another true bull run, sentiment must turn negative first which it has not done yet from 19k-6k, so when it falls bellow 6K then we will see tons of FUD and bad news on the internet, only then will we get our next big bull run and it will turn fast!! This call will be invalidated if we pass $6780 on the 1day. Selby finding creative patterns in charts on Tradingview! Not advice for investing lol, but I am one to watch ;) Rebellion=Change=Future
COINBASE:BTCUSD
by selby_exchange
3