The Beginning of an Up Thrust in Phase B Appears to be Underway.

If you look at the indicators in this 2-Day TF, we have plenty of room for the Blue LSMA (Least Square Moving Average) to go up to the 80% level or higher. We also have plenty of room for the Phoenix ARI (Alternate Reality Indicator) to go up to the 80% level or higher.

Posting 2-Day chart again here for chart to be viewed without being scrunched up and easier reading:

Here is the previous publication leading up to this publication if you want to see what the indicators looked like leading up to current indications:

DISCLAIMER: I simply post my "opinion" based on what I'm seeing in the indicators and whether or not they are lining up with a particular Wyckoff Schematic. I'm NOT responsible for any trades made based on my "opinions" posted here on Trading View.

Feel free to click "Like" later if the price action plays out to my "expectations." Of course, you can click like now if you want. Totally up to you... ; )

Thanks for following and your support. Feel free to comment, ask questions, post your own ideas, etc... Please keep comments civil. ; )

David

Comment:

An image of Wyckoff Distribution Schematic #1 is in the lower right corner of this image with my chart for comparison. Remember, I'm saying we are in Phase B of that schematic and expecting it to go up to a peak event called "Up Thrust."

i.imgur.com/ZFK6j7l.png

Comment:

360m (6h) TF: Look at the lines I've drawn on Godmode indicator for "possible" future trek of the lines.

1440m (24h) TF:

2-Day TF:

Comment:

Monthly Time Frame (TF): "IGNORE" what you see in the candles and text bubbles on the chart with the candles. The "PURPOSE" of posting this chart is to look at the INDICATORS. Note the text bubbles within the indicators. NOT the text bubbles on the chart with the candles.