BTCUSD - Comparing Historical Primary FIB Levels to Present Day.
Hi Everyone! Hope everyone has been enjoying their weekend. I visited my parents for the first time since first week of March, 2020. Certainly was nice to give them a long overdue bear hug. However, I see nothing bearish about our charts in relation to Primary FIB Levels and where we are within a Wyckoff Accumulation Schematic. We are likely in the final stage of Phase C of a Wyckoff Accumulation Schematic and about to make the transition into Phase D. That transition into Phase D will be confirmed with a Sign of Strength (SOS) extending well beyond $11,800 up to a price range between $14,611.32 and $21,260.00. At which point we should see a "Back-Up/Last Point of Support" (BU/LPS) to find support somewhere between $10,500 and $14,500; depending on how high we go from now until the end of August, 2020. We will have further discussion of our transition from Phase D to Phase E after we see what occurs with the price action between now and the end of August.
Here's a screenshot of the chart covered in the video:
Here's a link to the previous publication covering the White Energy in the 12-Day and the 4-Day Time Frames:
"12-Day White Energy Will Dictate Which of 3 Possible Scenarios!"
Here's a screenshot of the chart covered in the video:
Here's a link to the previous publication covering the White Energy in the 12-Day and the 4-Day Time Frames:
"12-Day White Energy Will Dictate Which of 3 Possible Scenarios!"
Commento:
Commento:
UPDATE:
The purpose of this update is just to point out we could see a Two Tiered RE-Accumulation established in Phase D after the Sign of Strength for the purpose of Re-Accumulation and Liquidation before we finally breakout above the All Time High (ATH) and never look back.
The purpose of this update is just to point out we could see a Two Tiered RE-Accumulation established in Phase D after the Sign of Strength for the purpose of Re-Accumulation and Liquidation before we finally breakout above the All Time High (ATH) and never look back.
Commento:
UPDATE:
Made a slight change in the white lines on the first potential pullback inside the magenta Liquidation Tier No. 1.
Made a slight change in the white lines on the first potential pullback inside the magenta Liquidation Tier No. 1.
Commento:
UPDATE:
When we have a new Daily and 2-Day Candle begin in about 25 minutes, I will wait 4 hours afterward to work on a new video publication covering the Mid Term Group of Time Frames (3-Day, 6-Day, 9-Day & 12-Day); the Near Term Group of Time Frames (Daily, 2-Day, 3-Day & 4-Day) and Short Term Group of Time Frames (90m, 3h, 6h and 12h).
When we have a new Daily and 2-Day Candle begin in about 25 minutes, I will wait 4 hours afterward to work on a new video publication covering the Mid Term Group of Time Frames (3-Day, 6-Day, 9-Day & 12-Day); the Near Term Group of Time Frames (Daily, 2-Day, 3-Day & 4-Day) and Short Term Group of Time Frames (90m, 3h, 6h and 12h).
