Hi Everyone! Simply posting a quick update to point out the two remaining phases we have to pass through in order to confirm a reversal to sustained upward pressure. The next phase will be for the price action to go sideways within a relatively tight trading range DURING this upcoming period of downward pressure in the 12 hour time frame. Yes, we will see a period of exhaustion in the 12 hour time frame. We need the price action not to fall too deep during this upcoming period of downward pressure in the 12h time frame. If the price action can avoid falling deep, this will allow the green line to remain higher while the White Energy falls lower (BELOW THE GREEN LINE). The White Energy falling below the Green Line is the final phase of confirming a reversal to upward pressure. What's important is the price action not fall too deep during that period of exhaustion (downward pressure) to allow the Energy to fall below the Green to setup for the Green to be higher than the Energy when upward pressure returns.
Happy Trading and Stay Awesome!
David
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UPDATE:
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UPDATE:
Welcome to the so-called "Great Reset."
Have a look at a few exerts from the book of the Chairman of the World Economic Forum: Charles Schwab's; titled, "The Fourth Industrial Revolution."
"The tools of the fourth industrial revolution enable new forms of surveillance and other means of control that run "counter" to HEALTHY, "open" societies."
"...public crime is likely to decrease due to the convergence of sensors, cameras, AI and facial recognition software."
...these technologies "...can intrude into the hitherto private space of our minds, reading our thoughts and "influencing" our behavior."
"As capabilities in this area improve, the temptation for law enforcement agencies and courts to use techniques to determine the "likelihood" of criminal activity, assess guilt or even possibly "retrieve memories" directly from people's brains will increase. Even crossing a national border might one day involve a detailed brain scan to assess an individual's (so-called) security risk."
"The future will challenge our understanding of what it means to be human, from both a biologival and social standpoint."
CV19 was kick-started to fast-track this agenda! Mainly because of Trump fighting their agenda. The main one running things in the shadows is a group of so-called intellectuals running our Central Banking System. They are the ones creating money out of thin air to fund this entire globalist reset agenda.
Their FIAT system is failing. Clinton was not elected to bring about the war they required to cover up their failing FIAT system. Trump would not bring about the war they wanted to hide their failing FIAT system. So, here comes CV19 and LOCKING DOWN economies to destroy those economies and blame the failing of their FIAT scam system on CV19.
Simply some food for thought in case you've been living micro-dosing sedatives for the past several months; I want to encourage you to research what I'm talking about and take proper measures to protect your financial wealth.
Stay Awesome!
David
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UPDATE:
BTCUSD: $20,904 to $21,261 Still in Play. However...
@Ryan_ONeill_Zn, but often times many CME gaps don't get filled.
Hop7777
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@Ryan_ONeill_Zn, this is a myth. Maybe it does or navy’s it doesn’t.
Ryan_ONeill_Zn
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@Hop7777, @ich1baN, Not saying it would definitely. Just according to Bitcoins Cme history it has had a tendency to fill the gap at some stage.
ich1baN
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@Ryan_ONeill_Zn, If you actually look at the data, there are several gaps that have never been filled (not saying one day they won't) but currently there are quite a few that haven't been filled lower than 10k
CryptoSnoopy
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@CryptoPelkin, i guess we count rally to new ATH.. 21k? more.. i cant wait how Dave see this :) and before christmas we could get to bigger correction and fill that gap.. ill be waiting for this to load all rest fiat ill get for my mortgage that time :D ALL IN... just have to laugh if someone try to tell me if its risky :D ..may i risk to take mortgage for it? or better ..do i want to miss thi opportunity?" ... we know the answer.. only problem i see is wih pay taxes.. :P :D honestly i would rather give money to charity ,to sick children etc. than to government mafia....
TrustinMammon
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What kind of indicator is that you are using that shows the "energy"? Is a pro account needed for doing that?
TrustinMammon
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@TrustinMammon, David, your analysis is very enlightening and gives a clear view on trading this market. I appreciate it a lot, keep up the good work!
tartigradia
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@TrustinMammon it's the Phoenix Ascending indicator, it's eot accessible to everyone