You will see what I point out in different time frames why I believe we begin a bear trend today.
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Pardon the intro music being so loud in the beginning. WIll keep the volume lower next time.
; )
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The 6h does show more room for upward pressure. So, when we bounce up again in the 15m TF when the Red RSI reaches the 20% level, we MAY HAVE A CHANCE for one more push up today. Again, it's a CHANCE (50/50).
Note how much room the Green Line has to go up to 80% level. We have less than 15 minutes remaining in the current 6h candle.
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PLEASE HAVE A LOOK AT THE NEW TITLE. JUST CHANGED THE TITLE. Let's keep a look on the ENERGY and Red RSI before drawing a conclusion.
Hey buddy, ;-)...missed you. Liked the intro music, you're full of surprises. Thanks for the analysis brother, made me feel better, I missed the "explosion", ;-(
Hi Jeremy... I'm sorry you missed the explosion. Wish I had seen it coming. I did learn from it with the Stochastic RSI in the 6h and 2-Day looking like a cup and handle. Will remember that for the next time.
W3rN0tAl0n3
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@ProwdClown, Thanks buddy, :-)- all the best D!
mightytrader
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The whales are just doing a spring rally. They will dump sometime between now and next 2 weeks. They are selling back to THE HERD. This is just April Fools' pump.