WyckoffMode

New BTCUSD; "Thinking Out Loud," Cleaning Up while continuing.

Long
WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
10
I'm still fine tuning a little bit. However, I at least wanted to get this out there.

More charts to come...

Note: I'm not posting a chart any more unless it's worth posting. Paying more attention to numbers now; rather than colors. Well, still colors too, but in association with numbers.

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Every FIB Circle has been "zeroed out," so to speak, on 0.618 at peaks of spring and/or up thrust (pump) events and the base of consolidation (dump) events.

I've noticed how the FIB Circles help one see the repeated event "on the reverse" when the consolidation is over and a mark up begins. It will not be exactly like the spring or up thrust "from" the peak but it will be similar "on the reverse."

All "future" price points are based from "3 Guns Down" Theory. We will see if it will go 4 out of 4.

This is simply a "Pulled Back View" of the 2D TF to show you "some" of the FIB Circles from "past" events to current.

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I had to straighten out two pitch forks.

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Big time resistance at the dashed yellow horizontal ray. If we burst through that, it's on up to the magenta slowly but surly in long steep triangles.
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My apologies. I had went 4 Guns Down instead of 3 Guns Down for that 1.618% retrace. That was corrected in this chart:
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Copy of the chart if you want it.

www.tradingview.com/chart/mJY16skw/
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If you copy that chart , you will be able to zoom in to everything I have on the charts; look at numbers on the FIB's, etc...
You will be able to add to and/or take from, edit color, etc...
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I know people are thinking there is no way for it to complete out the green lines I charted for its overall track.

When looking back at the smaller previous event, it did not shoot up to the top of that pyramid (triangle) until it was close to half way through (from center of the triangle).

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I drew the same pattern in the previous smaller event in the bottom left corner of the chart:
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I'm about to delete all of this scribble... I only wanted a record of it to look back on...

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close up of previous smaller event before I delete the scribble:
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Base your entry and/or exit off of these three (3) possible "Trend Lines:"

Red Trend Line w/Pitch Fork:


Magenta Trend Line w/Pitch Fork:


Green Trend Line w/Pitch Fork:
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I'm posting this just to see if bringing the BB's to front then the H-A Candles to the front would change it some...

Green Trend Lines after bringing those 2 to front...

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I didn't see any difference...
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Close Up Green Trend Line 12h TF; Previous were all 2h TF:

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Wow, Changing the TF changed the Pitch Fork Alignment with the Green Trend Line:

That is fixed now:

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I'm still leaning more towards the red line:
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They are like a ghost scribble behind the other fibs... Red, Yellow and Blue tracks...
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I deleted the small pitch fork to reveal the larger one once again. One can see from my larger pitch fork we have already reached the "Selling Point" rules...

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