WyckoffMode

BTCUSD: More Gold Nuggets; More Downward Pressure if 3h Red RSI

WyckoffMode Güncellendi   
BITSTAMP:BTCUSD   Bitcoin
...if 3h Red RSI "closes" below level 50. This will initiate a race between the White Energy in the 3h against the Red RSI in the 6h time frame. Which means (with 85 to 90 percent probability) downward pressure continues during that race. So, this looks like continued downward pressure for the Short Term. At least it looks this way at present. This could change if the Red RSI in the 3h does not "close" below level 50. Following up with another video in a few...

Happy Trading and Stay Awesome!

David
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UPDATE:

BTCUSD: Gold Nugget Follow Up; Repetition of 2 Previous Videos
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UPDATE:

BE ADVISED... This was brought to my attention in comments...

Nepenthesfreak
32 minutes ago
Thanks for your video David. Just wanted to highlight that your columns were set to 90m, 3h, 12h and then 12h again. A lot of your references to the red RSI in the 6h but you were using the 12h chart!
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UPDATE:

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Feragatname

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