Replies to post #57816 on "House of Pinchers" (Pinch)

[BooDog]

" The weekly is a discombobulated mess."

LMAO, and yes I agree. They had a glitch in their news which caused the drop.

I was accumulating in the .90's. I really was thinking it would fill the small gap and take off but it's lacking the volume to make it happen imo.

I'll certainly try and discipline myself to zoom out from my normal set up with the charts. I've been trying to let a bottom confirmation present before diving in and watching for the ADX DI+ at least get closer to crossing the DI-.

Thank you!

Message in reply to:

I’m not sure what you mean by “and then pinch”, it’s a pinch now an has been . If you look at the 60 min chart the buy was on May 13 with the divergence in and a pinch set up. You should be looking at the 60, daily and weekly periods. I can’t give any on wether it has a chance to go higher. The weekly is a discombobulated mess.