Real-time “you are very close” signal.

The previous swing high printed a volatility compression anchor at 4.4.

Now you need a higher high with a divergence. 5.5 will do.

For a Gray divergence, you simply need the next hour with a lower high that stays above the 8 EMO (Magenta).

At resistance, for sure.

What is .11773 famous for?

The pro volume daily candle’s close.

The first house break had a 55+ pips rally. The second had a 35+ pips rallly, this one has a 16+ pips rally, making it a double divergence.

A Wave 2 from hell (deep, deep retracement), but still a Wave 2.

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Update after the print:

With the new high this hour, the Vax print is now at 2.5.

Which means, if this candle settles on the high, there would be no more divergence; instead, the volatility compression anchor value would get updated.

…

Evolving situation, the June high is now within reach.

W3M is at 1.1823. On the bottom, you can see the double divergence on the Market Speed indicator.

A thrust for a finale and tomorrow’s heavy news, stochastic embedding, all-out buying – CTA style compression…

Not a gray divergence. Gainsboro. Not the final high.