We Are NOT Going to Re-Visit $6K Again; This is Brief Shakeout!

I hope this video publication provides further confidence while providing education in regards to how the indicators work. This video publication is my OPINION ONLY. This is NOT financial advice... ONLY OPINION. As time passes and we see further clarification as to what I'm saying about the indicators coming to pass; you may find it is worth your time and effort to LEARN how to USE these indicators.

This is labeled a "LONG" position for LONG TERM TA... NOT SHORT TERM TA. We are currently still experiencing downward pressure. We may find the 20-MA in the 12 hour time frame act as support. So, it's POSSIBLE we may fall to $8,322 but not guaranteed.

Thanks for investing your valuable time watching this video. If you don't mind, take a moment to smash the LIKE icon. Thanks again for your support and... as always.... STAY AWESOME!

David

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MACD indicator does not give us as much valuable information as Godmode 3.1 Mod with LSMA provides. I used to use MACD all the time when I first began trading. However, it did not give me all the information I was looking for while engaging in multiple types of trading in multiple time frames.

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Additional clarification as to WHY I'm of the opinion Godmode 3.1 Mod with LSMA is a BETTER indicator than MACD indicator.

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Update using the 24h Time Frame (TF): As you can see, we have come down to the Yellow 20-MA in the Daily TF within 2 to 3 days as mentioned in the video. Well, not quite to it just yet but already fairly close to it. I plan on creating a new video publication in a few hours. I have a few more other things to do first.

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Two scenarios in the following publication: Looks like the WHITE scenario is potentially playing out instead of the Aqua Blue if you click "PLAY." I'll follow up with a video publication in a few hours.

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Still a chance for $8,322 to hold. Hence, the reason for the two scenarios drawn here in the Daily: