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WyckoffMode
Mar 9, 2017 7:33 PM

OFFICIAL !!! BTCUSD is Definitely a LONG position now. Long

Bitcoin / U.S. dollarBitstamp

Description

Red line has entered the left side of white line that is moving upside; meaning move is upside for a while.

Will post 12h TF shortly.

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Still the 8h TF:

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12h Looking good too. Red line is JUST NOW TOUCHING the left side of a white line moving upside; which means the move is upside for a while.

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Upside for a while because of how low the white line went below the 20% and the red line low as well in the 20's.

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Looking at the 2h TF for PROPER ENTRY if you haven't entered yet...

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Still the trend is up; based off the 12h TF...

Here is the 77m TF with new text bubble.

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42m TF shows a white line coming up to meet the red line. This means the red line will enter into the left side of a white line; indicating upside.

So, my thoughts may be correct when looking at the 77m TF that it was not going down much at the moment.

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21m TF shows when we went down when the red line exited out the right side of a white line that was about to head downward; which means down side. The higher TF's told me it probably was not going to be much.

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The 12h only confirms to me this up trend is just getting started...

My opinion:

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The Daily one more time to show why I could see why someone would be hesitant to get into the game.

I believe it's important to stay in lower TF's when possible to keep skin in the game. The lower TF's is where we see the ACTION going on that determines what the higher TF's will reflect AFTER such action. My opinion currently. I could be wrong... Time will tell.

Remember, this is something NEW I've noticed in the patterns. I'm training myself and others who follow me through trial and error.

Comment

A look at the 4D chart. It has dots indicating pressure. However, pressure does not always indicate it's coming down. There can be pressure at 100% line and the pair continues going up. That's why the lower TF's are important to monitor as well to see if there is still pressure for going upside.

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Using AUDNZD FOREX PAIR as an example of pressure (dots) above 80% while it's still going upside.

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KEEP IN MIND:

WHALES do watch my TA. I'm certain of it.

I say that to say this, The Composite Group may choose to use this information to use those who follow this TA to use to their advantage.

Meaning, if they want to pump it, they know there is more of their "crew," so to speak to add capital to the pump. So, it THAT case it's to your advantage.

ALSO:

If they want to dump it, they may use this to your DISADVANTAGE "IF" you're not paying attention like a swing trader would; in order to keep skin in the game.

So, I'm NOT responsible for ANY trades made based off my TA.

Comment

Show you more in the 21m TF of moving up again shortly:
Comments
Forex_Society
thansk for the analisys i have the same bias
WyckoffMode
@Forex_Society, You're welcome...

Not sure what you mean by same bias though?
williamblakemusic
any comment on the updated situation?
WyckoffMode
@williamblakemusic, In regards to?
williamblakemusic
@ProwdClown, has your projection changed with the recent movement?
WyckoffMode
@williamblakemusic, What TF (Time Frame) are you in?
williamblakemusic
@ProwdClown, between the lower (1-30) and the hour. so far you have been spot on, just the recent drop has me a bit nervous. im new at this so its hard for me to remain un emotional lol
WyckoffMode
@williamblakemusic, That's why I also pay attention to longer TF's to see where we're going. ; )

Note the text bubble in this 12h TF:

WyckoffMode
@williamblakemusic, 8h TF confirms we are upside for a while as well when seeing the red line has well entered into the left side of a white line that is moving up; indicating upside from a longer TF.

You're seeing the fighting going on in the lower TF's that will be revealed later by the longer TF:
WyckoffMode
@williamblakemusic, Again, this is a theory of mine, as stated above. I've only recently come across these patterns and sharing them with everyone while I'm learning it as well.
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