Hi everyone! Simply wanted to point out our 3-Week candle is looking bullish. If it can CLOSE bullish, we will have a very good chance to see a substantial move to the upside with a "Sign of Strength" (SOS) to mark our transition from Phase D to Phase E in our Wyckoff Accumulation Schematic. I'm keeping this one NEUTRAL for now until we see the current 3-Week Candle "CLOSE."
Hi David, I would like to know your opinion. Would you consider a situation on a monthly tf where green is going up (59), red is also going up (53) while crossing green, white energy going up (52) as a bullish?
Hi David, another great TA. I do have a question on this one if you have time.
Your TA focus is on the 3-week timeframe. The Green has just crossed Red RSI while going UP, so expect the next candle should be a significant move up.
I checked the 1Month timeframe and the Green has just crossed Red RSI while going DOWN in the month of September, and is continuing down, assuming this is downward pressure. How do you reconcile those two competing indicator signals?
Thank you again for all your efforts. Happy trading!
milkbone10
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Thanks David learning everyday appreciate your effort.
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Also: You mentioned around "9:36" into the video that there will be a "tie" between the white energy in the 12H closing above 50 and the red rsi crossing below 50in the 24H, however the white energy in the 12H TF had already closed above 50... how does this affect your projection? I would assume it is somewhat negligible because most TF's you showed are showing signs for upward pressure, so once the the 12H and 6H join its a full house.
After the 12h "closes" at the same time the 24h "closes," the 12h will be even that much higher. Which is an even more bullish signal. However, I still prefer confirmation with Green higher than Energy in three (3) lower time frame.s
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Hey David, I hope you enjoyed time with your family. And as always, thank you for staying awesome and sharing content! Looking forward to your website.