WyckoffMode

BTCUSD: 8-hour TF; Chance for Stage 2 Expansion Approaching

WyckoffMode Aggiornato   
BITSTAMP:BTCUSD   Bitcoin
Hi Everyone! Simply pointing out we have a chance for Stage 2 Expansion and price action going "UP" with that expansion in the 8-hour time frame.

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Even though this chart is ADAUSDT, it would be beneficial for ANY pair in ANY time frame. If you have paid attention to what I have described within Phoenix Ascending Indicator to get Stage 1, 2 and 3 Expansion with price action going UP -OR- DOWN with that expansion.

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Adding some notes from "OLD" posts; trying to use only the 6-hour, 8-hour and 12-hour...

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Discussion of Stage 1 Expansion with Price action going "UP" 12-hour time frame.
s3.tradingview.com/s...shots/u/UkdTqbry.png

Discussion of Stage 2 Expansion with Price action going "UP" 6-hour time frame.
s3.tradingview.com/s...shots/o/oOhXRmsW.png
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BTCUSD 12-hour...
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9-Week time frame:
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This publication was about the 8-hour time frame. Here's an update on the 8-hour...

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4-hour time frame:
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The diagonal lines come from three different pitchforks.

The Horizontal Lines come from a Fib...

8-hour time frame (Pulled Back View):
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Simply pointing out in the 8-hour for THIS publication that we not only had Stage 2 Expansion Up; we also had Stage 3 Expansion Up just begin not long ago in the 8=hour.


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