WyckoffMode

BTCUSD: 8-hour TF; Chance for Stage 2 Expansion Approaching

BITSTAMP:BTCUSD   Bitcoin / U.S. Dollar
Hi Everyone! Simply pointing out we have a chance for Stage 2 Expansion and price action going "UP" with that expansion in the 8-hour time frame.

Comment: UPDATE:

Even though this chart is ADAUSDT, it would be beneficial for ANY pair in ANY time frame. If you have paid attention to what I have described within Phoenix Ascending Indicator to get Stage 1, 2 and 3 Expansion with price action going UP -OR- DOWN with that expansion.

Comment: UPDATE:

Adding some notes from "OLD" posts; trying to use only the 6-hour, 8-hour and 12-hour...

https://s3.tradingview.com/snapshots/2/2...

https://s3.tradingview.com/snapshots/5/5...

https://s3.tradingview.com/snapshots/2/2...

Discussion of Stage 1 Expansion with Price action going "UP" 12-hour time frame.
https://s3.tradingview.com/snapshots/u/U...

Discussion of Stage 2 Expansion with Price action going "UP" 6-hour time frame.
https://s3.tradingview.com/snapshots/o/o...
Comment: UPDATE:

BTCUSD 12-hour...
Comment: UPDATE:

9-Week time frame:
Comment: UPDATE:

This publication was about the 8-hour time frame. Here's an update on the 8-hour...

Comment: UPDATE:

4-hour time frame:
Comment: Update:

The diagonal lines come from three different pitchforks.

The Horizontal Lines come from a Fib...

8-hour time frame (Pulled Back View):
Comment: UPDATE:

Simply pointing out in the 8-hour for THIS publication that we not only had Stage 2 Expansion Up; we also had Stage 3 Expansion Up just begin not long ago in the 8=hour.

ALL UPDATES ON YOUTUBE IF I'M BANNED ON TRADINGVIEW...

HERE IS MY YOUTUBE CHANNEL: https://www.youtube.com/channel/UC8IbhpQwrTD6BozJPWnyAHA

UPDATE ON MY DAD: https://www.youtube.com/watch?v=6UUm4ObJT8E

Comments

very complicate graph
+2 Reply
WyckoffMode yildirimdubbai
@yildirimdubbai,

What you are seeing actually originates from three different pitchforks.

Pulled back view #1



Zoomed in a little on the pulled back view...

+3 Reply
WyckoffMode yildirimdubbai
@yildirimdubbai,

Zoomed in a little more and included my Fib...



Zoomed in more and added Bad Ass B-Bands



Included Phoenix Ascending Indicator...

+2 Reply
WyckoffMode yildirimdubbai
@yildirimdubbai,

Had to "refresh" to get Pitchforks to align properly in this 8-hour...

+2 Reply
WyckoffMode WyckoffMode
@WyckoffMode,

Aligned better when refreshed...

+1 Reply
Love it, thanks David!
+1 Reply
appreciate ur work dear master.
Reply
What is your rule for stop placement?
Reply
Missed the train.
Reply