WyckoffMode

NEUTRAL for now. Just starting TA on BTCUSD. Will...

WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
11
... have more TA to come when going to lower TF's.

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copied and pasted chart for easier reading of text bubble. Apologies...
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WEEKLY does NOT look good at the moment. It LOOKS TERRIBLY BEARISH. Going to lower TF.

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12h TF:

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30m TF:

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5m TF:
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RED LINE JUST ENTERED RIGHT SIDE OF WHITE LINE OF 5m TF: UPSIDE FOR THE MOMENT. HOW FAR UP? Don't know...

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IN THE ONE MINUTE (1m) TF we would have known to MAKE ENTRY where I indicated with blue vertical time line. WHY? Cause the white line came up and the red line entered in through THE RIGHT SIDE>
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1m SHOWED US entry for what? Entry for a SHORT POSITION.
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WHY short position?

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Not necessarily short. I'm just saying, We made our entry for a SHORT OR LONG POSITION. We would have to CONTINUING MONITORING DIFFERENT TF's To see if this will actually be a short or long position. ; )
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a comment from 5m ago, I said in the 1m (minute) it entered the RIGHT side. Sorry, had my left and right side mixed up. heheheheheh

It entered the LEFT side of the white line coming up. Indicating UP
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Sometimes I get my left and right mixed up. Apologies.

I MUST GO EAT NOW> MY WIFE IS GETTING ON TO ME

Happy Trading...

;)
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3m TF

Just showing you in the 3m TF there is swing trading going on:
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getting back to eat...

;)
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REMEMBER what I said about red line entering the LEFT side of a white line and when coming out the RIGHT side of a white line.
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I HOPE everyone sees WHY I said SHORT or LONG position after what just occurred?

; )

www.tradingview.com/chart/mJY16skw/
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The above link is my chart that one can COPY for themselves if they like.
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THE ONLY ONE's PRIVY TO THIS INFORMATION

are those who follow me... UNDERSTAND?
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MEANING:

I"M NOT posting this in the troll box, twitter, youtube, etc...

Just STAYS HERE...

If someone just happens to STUMBLE across this publication, they may feel fortunate IF they actually take the time to read it.
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I would PREFER everyone LEARN these technics as well...

WHY?

THIS IS NEW TO ME AS WELL.

I just happen to stumble across PATTERNS when setting the INPUTS in the FORMATTING...

FROM: 9, 26 & 13

TO: 9, 6 & 3

LET US SHARE WHAT WE LEARN TOGETHER...

OPEN SOURCED YOU MIGHT SAY... ; )

But only for those who stumble across this publication!

The same way I stumbled across the patterns.

Keep in mind...

MORE PATTERNS TO COME AS WE CATALOG AND SHARE PATTERNS TOGETHER IN A PLETHORA OF TF's.
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This would mean we get ORGANIZED like DEV's... NO?

CREATE GROUPS:

GROUP: 1m TF
GROUP: 2m TF
GROUP: 3m TF

and so ...
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Currently working on that red arrow coming down... maybe. Lower TF

IN A SEPARATE CHART

like the 1m TF

TO KNOW MINUTE BY MINUTE

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Look how you would have KNOWN the dip in the 1m TF:

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WHEN the red line COMES OUT THE RIGHT SIDE of a White line, that is a good indicator of it coming DOWN.
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WHEN the red line is ENTERING IN FROM THE LEFT SIDE of the what line that's going up, the move more than likely will be UP.
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APOLOGIES:

MAKING THIS CLEARER NOW>>>

PAY CLOSE ATTENTION TO PRICE ACTION IN RELATION TO THE ARROWS I HAVE DRAWN

green arrow indicating where red line enter in to the white line FROM THE LEFT SIDE = GOING UP

Red Line indicating where red line EXITED OUT THE RIGHT SIDE of the white line COMING DOWN.
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REMIND YOU: That is the 1m TF
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Closer Look at the PRICE ACTION IN 1M TF:

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IF THE GHOSTS LOOKING BIG THE MOVE WILL BE BIG;;; RELATIVE TO THE SIZE of the GHOST determines the SIZE OF THE MOVE.

Smaller Ghosts... Smaller moves.
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A distinct advantage is had with actual real time of EVERY SECOND.
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Real time (LIVE) would be able to sho long curvy ghost being formed or short spike ghost being formed.
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I have NOT taken the time to mess with ANYTHING I've placed with the cypher and such. SO IGNORE THEM.
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This is to give an example of price action.


More info on that price action in this publication:

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1h TF text bubble:

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Currently, in 42m TF, red line going through left side of white line (indicating up).

The green trend line in the 42m TF is indicating a temporary upward trend:
Going to longer TF...
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77m TF we can see the green trend line TRYING to turn up:

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154m TF:
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196m TF is showing we are certainly working on a reversal. Where and when it reverses it found in lower TF's.

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The above is 238m TF
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21m TF:
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In the 5h TF
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RED LINE AT 20% mark which can usually be a good indication for reversal pending in this 5h TF...

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Show you WHY I'm saying we are nearing reversal when looking at past times red line at 20% or below 20% in the 5h TF
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I changed the LSMA indicator I added to the lower indicator. The input was changed to 42 to allow easier view of the "Trend" with the green line (LSMA) while paying attention to red and white lines in this trend.
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ignore the LONG green arrow drawn inside the indicator.

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