There are all kinds of geniuses pouring out of YouTube. There is for instance the Austalian Genius that is monitoring the volatility of the volatility – hell knows how this would ever translate into a trade.

The FTX Genius is getting a Disney remake, but may not be coming out this year.

The FVG genius is getting a Silver Bullet into his backtest or vica versa.

I’m pacified, so I can spare you the watch too. It was only a winning strategy at first because the coder forgot to factor in the daylight saving time change. Sure, you can retire on this single idea. My ass. It is Ok not to believe in indicators, they don’t believe in you either.

Now, back to actual trading.

There was a regression low, a cover low in combination with progression low #4 (Green Plot), followed by a decisive move up and a progression high up. Looking bullish, but going nowhere fast.

You can see price pushing up against the last continuation divergence break out.

The money flow got very oversold – this was the reason for a relief bounce in combination with tagging the 240 SMA. This actually printed a reversal zone. My play would be the full monty here.

I think the weekly pivot shoud receive a fake out, and the downside sell algos would be called in for 36 pips extension. I am eyeing that 1.0591.

The bottom of the 240 Bollinger is now at 1.06. A little push on it would make perfect sense.

Yes, the holding direction is up with a progression high on the upside, but this could turn into a toss up by a progression low on the downside and a follow through. I am certainly missing the Final Divergence. The Cover Divergence is a disqualified Final Divergence due to the RSI2 low was printed by a candle with its high outside the 30-sample BB.

I did show you that an OliveDrab first encounter prompts a reaction of 50-57 pips.

The patio furniture plot starts at 52 pips (and can go up to 95). It barely qualified for a liquidity break, this move back up. Why do I think this hasn’t sold off yet? For a trap. Currently the bias is neutral to slightly up. A strong squeeze is going on. At 1.0680 the table will flip.

I am 3:2 short:long, but will add short upon clearing 1.0675. S2 is at 1.0586. My second target.

You can make an Army of Arguments why scamming is the sport of this century.