WyckoffMode

BTCUSD: Upward Pressure Continues in 6-Hour Till When?

BITSTAMP:BTCUSD   Bitcoin
Hi Everyone! Simply pointing out we still have upward pressure and that upward pressure continues till the White Energy in the 6-Hour comes down to Level 50. The question is, "Can the Red RSI in the 12-hour come up ABOVE Level 50 to trigger upward pressure BEFORE the White Energy in the 6-Hour can come down to level 50 to create cause for downward pressure? Well, we don't know what we don't know until we know it? Would your margin long you would have opened in the 3-hour still be open at this point? Would you be thinking about closing or taking partial profit at this point? No... I wouldn't...

I'm not trading at present. I have too much going on preparing for tomorrow. Simply wanted to provide more education before the big day tomorrow and to spark interest for those who might be curious about the indicators.

Happy Trading and Stay Awesome!

David

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