IT'S TIME!!! WARNING! Turn Down Your Volume! LOL
Hi faithful followers! Thought I would throw in a little humor for the weekend. Hope everyone is enjoying their weekend and joining in on this celebration of bull coming back out of early retirement since January, 2018.
Happy Trading and Stay Awesome!
David
Happy Trading and Stay Awesome!
David
Comment:
Okay... BULL CROSS in the Stochastic RSI and White Energy about to go above 50% in the 2 hour Time Frame....
BULL IS BACK ON... Going to sleep now... ; )
Stay Awesome!
BULL IS BACK ON... Going to sleep now... ; )
Stay Awesome!
Comment:
UPDATE:
I'm NOT saying we are going down to the Aqua Blue shaded area as a shakeout before heading back up. I'm simply pointing out where a Shakeout COULD end up going IF we were to have one before going up.
I'm NOT saying we are going down to the Aqua Blue shaded area as a shakeout before heading back up. I'm simply pointing out where a Shakeout COULD end up going IF we were to have one before going up.
Comment:
Again... Just to show you the way the price structure has played out recently before a significant move to the upside. It's possible the same could occur present day. I'm going to have a look at this location in the 2-Day and post it shortly. I'll go ahead and post this 4h TF for now.
Comment:
I'm going to have a bit more look at the indicators. Be right back...
Comment:
I'm just not seeing a shakeout before heading up when looking at the indicators. The 2-Day and 3-Day look bullish as hell.
Comment:
I'm on a LIVE STREAM for a little bit. NOT a marathon like I've done many times before. Here's the link: www.tradingview.com/...51w6lzWyZq3eTstxh9m/
Comment:
UPDATE:
Here is a NEW LIVE STREAM LINK Using Chrome. My previous LIVE STREAM using Safari was not working out so well.
www.tradingview.com/...uIMZxEo3d6g52TR9Cs5/
Here is a NEW LIVE STREAM LINK Using Chrome. My previous LIVE STREAM using Safari was not working out so well.
www.tradingview.com/...uIMZxEo3d6g52TR9Cs5/
Comment:
UPDATE:
Hi everyone,
I just woke up about 20 to 30 minutes ago. I'm noticing some upward momentum building... COULD be something brewing here...
Hi everyone,
I just woke up about 20 to 30 minutes ago. I'm noticing some upward momentum building... COULD be something brewing here...
Comment:
UPDATE:
Let's have a look at the 2 hour TF. I'll follow up with another 2h chart that includes indicators shortly.
Let's have a look at the 2 hour TF. I'll follow up with another 2h chart that includes indicators shortly.
Comment:
UPDATE:
Here's a look at the 4h with indicators.... LET'S NOT GET TOO EXCITED JUST YET... We will likely drop to or near my 0.5 or 0.618 FIB RT to find bottom there on June 2, 2020 and BEGIN to see a reversal to upward pressure late evening June 2, 2020 or mid afternoon June 3, 2020 UTC (LONDON) Time.
Here's a look at the 4h with indicators.... LET'S NOT GET TOO EXCITED JUST YET... We will likely drop to or near my 0.5 or 0.618 FIB RT to find bottom there on June 2, 2020 and BEGIN to see a reversal to upward pressure late evening June 2, 2020 or mid afternoon June 3, 2020 UTC (LONDON) Time.
Comment:
Be sure to have a look to the left at the Aqua blue vertical rectangles in April, 2020 and COMPARE to present day.
Comment:
UPDATE:
4 Hour chart without indicators. Added white lines to provide an example:
4 Hour chart without indicators. Added white lines to provide an example:
Comment:
UPDATE:
If you are curious about what we RE-TRACED to back in April, 2020. Here's a look....
If you are curious about what we RE-TRACED to back in April, 2020. Here's a look....
Comment:
One more update and that will be it for a little while so I can get back to work on content for my website. I simply wanted to point out we should not assume it will re-trace exactly like we did in April, 2020. The odds are pretty high... However, it's possible they could pause at the 0.618 like they did in April, 2020 and FREAK PEOPLE OUT going sideways within a trading range between the 0.5 and 0.618 like they did in April, 2020 THEN one more small little drop to the 0.786 before taking it up. WHY? Just to scare the crap out of those wanting to go long (shakeout); while at the same time lulling in margin shorts before putting the squeeze on.
Comment:
UPDATE:
REMINDER: There's no guarantee the price action will play out exactly the way it did in April, 2020 in the 4h time frame. That was only provided as an example. It's POSSIBLE to go sideways the entire time during this period of downward pressure that may ensue in the 4h TF. So, if you are shorting here, don't forget that stop loss if using cross leverage. If using normal leverage, it means you are perfectly fine if your short is liquidated.
REMINDER: There's no guarantee the price action will play out exactly the way it did in April, 2020 in the 4h time frame. That was only provided as an example. It's POSSIBLE to go sideways the entire time during this period of downward pressure that may ensue in the 4h TF. So, if you are shorting here, don't forget that stop loss if using cross leverage. If using normal leverage, it means you are perfectly fine if your short is liquidated.
Comment:
Forgot to include my disclaimer...
DISCLAIMER:
Here is my Referral Code if you choose to upgrade to a PRO account. Using my referral code would be greatly appreciated: www.tradingview.com/gopro/?share_your...
If you are using my analysis for margin trading, do so at your own risk! My analysis has mainly focused on the following GROUPS of Time Frames:
Near Term Group: (24h, 2-Day, 3-Day & 4-Day)
Mid Term Group: (3-Day, 6-Day, 9-Day & 12-Day)
Long Term Group: (1-Week, 2-Week, 3-Week & 4-Week)
On occasions I will include the Short Term Group (3h, 6h, 9h & 12h). The Short Term Group is NOT monitored by myself constantly to provide signals based on the Short Term Group of Time Frames. The Short Term Time Frames are often used for the purpose of MARGIN TRADING in conjunction with the Near Term Group of Time Frames. As I have said before, I am SUPER BUSY with many things at present; preventing me from providing constant monitoring and updates for Short Term Time Frames.
When my website goes LIVE, I will put forth a concerted effort to provide updates and signals for the Short Term Time Frames for the purpose of Margin Trading. I'm currently working on content for my website; which is also keeping me away from margin trading currently. When my website goes LIVE, we will have LIVE sessions with premium subscribers in which margin trading Short Term Time Frames will often be covered. We will also discuss how we would TRY to STACK margin trades over the course of a MID TERM bull or bear trend using the Near Term and Short Term Time Frames.
So, please be patient while my staff and I work hard to provide great content on a great platform to provide great service.
Stay Awesome!
David
DISCLAIMER:
Here is my Referral Code if you choose to upgrade to a PRO account. Using my referral code would be greatly appreciated: www.tradingview.com/gopro/?share_your...
If you are using my analysis for margin trading, do so at your own risk! My analysis has mainly focused on the following GROUPS of Time Frames:
Near Term Group: (24h, 2-Day, 3-Day & 4-Day)
Mid Term Group: (3-Day, 6-Day, 9-Day & 12-Day)
Long Term Group: (1-Week, 2-Week, 3-Week & 4-Week)
On occasions I will include the Short Term Group (3h, 6h, 9h & 12h). The Short Term Group is NOT monitored by myself constantly to provide signals based on the Short Term Group of Time Frames. The Short Term Time Frames are often used for the purpose of MARGIN TRADING in conjunction with the Near Term Group of Time Frames. As I have said before, I am SUPER BUSY with many things at present; preventing me from providing constant monitoring and updates for Short Term Time Frames.
When my website goes LIVE, I will put forth a concerted effort to provide updates and signals for the Short Term Time Frames for the purpose of Margin Trading. I'm currently working on content for my website; which is also keeping me away from margin trading currently. When my website goes LIVE, we will have LIVE sessions with premium subscribers in which margin trading Short Term Time Frames will often be covered. We will also discuss how we would TRY to STACK margin trades over the course of a MID TERM bull or bear trend using the Near Term and Short Term Time Frames.
So, please be patient while my staff and I work hard to provide great content on a great platform to provide great service.
Stay Awesome!
David
Comment:
The White Energy is higher than the Green Line in the 30 minute TF (far left); which resulted in a Lower High. This could be the sign of a Lower Low to come and possibly the beginning of that re-trace to the 0.5 to 0.618 previously mentioned.
REMEMBER: The price action does NOT necessarily have to go down significantly during a period of downward pressure. It's POSSIBLE for the price action to remain sideways within a relatively tight trading range; acting more like a TIME Correction rather than a PRICE Correction.
REMEMBER: The price action does NOT necessarily have to go down significantly during a period of downward pressure. It's POSSIBLE for the price action to remain sideways within a relatively tight trading range; acting more like a TIME Correction rather than a PRICE Correction.
Comment:
UPDATE:
We have a NEW 12h Candle in 3 hours. Looks like the White Energy about to cross above 50% level in the 12h.
We have a NEW 12h Candle in 3 hours. Looks like the White Energy about to cross above 50% level in the 12h.
Comment:
In my opinion, they want to push up Altcoin/BTC pairs for now. WHY? To accumulate Bitcoins once this thing goes up like a rocket. The best way for Composite Groups to accumulate Bitcoin is via Altcoin/BTC pairs.
ETHBTC (Left); ETHUSD (Center) and BTCUSD (Right):