WyckoffMode

Potential Bear Trap/Shakeout Before Automatic Rally in Phase A.

WyckoffMode Updated   
BITSTAMP:BTCUSD   Bitcoin
I'm seeing something in the Daily TF that peeked my interest and thought it was important to share.

Also, if you remember, I pointed out something about the Blue LSMA in the 2-Day TF in a previous publication. I mentioned the Blue LSMA in the 2-Day TF tends to turn back down again at the 50% level if we're still in a bear market. So, it's POSSIBLE the Blue LSMA in the 2-Day TF does come down just a hair at the 50% level WITHOUT GOING DOWN TO THE 20% LEVEL; and then immediately turn back up after a potential "shakeout/bear trap."

The publication where I discussed the possibility of the Blue LSMA in the 2-Day TF potentially turning down around the 50% level is in my "Related Ideas" link below.
Comment:
2-Day TF:

Comment:
As I mentioned in the video AT THE TIME; the Daily TF was suggesting a POTENTIAL for a Bear Trap/Shake Out BEFORE going up with our Automatic Rally. I'm not seeing that anymore. I'll create another video within the next 12 hours.

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