Highly Likely We Stay The Course to Breakout of the Triangle.
The purpose of this publication is to emphasize upward pressure continues to dominate the Weekly, 9-Day, 12-Day and 16-Day Time Frames. So, we may see bouts of downward pressure in lower time frames will the upward pressure in the higher time frames continue to play out. I labeled this a LONG position for this mid to long term analysis. Does this mean we will not go down with a potential shakeout for the near term by labeling this a LONG position? NO... I will provide another video publication shortly on the possibility of a shakeout before continuing with our upward pressure.
If you wish to see another video posted yesterday to understand the BASICS of how I use the Red RSI in conjunction with the White Energy, feel free to watch that video in the link below.
"BTCUSD - Explanation of Date Range Tool; Yellow & Blue Circles."
If you wish to see another video posted yesterday to understand the BASICS of how I use the Red RSI in conjunction with the White Energy, feel free to watch that video in the link below.
"BTCUSD - Explanation of Date Range Tool; Yellow & Blue Circles."
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New video currently uploading... I'll add some remarks in comments when it finishes uploading and post it in approximately 10 minutes.
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If you have not seen the video discussing our chance of going down to potentially the lower $7K's, please do so. Here is an update I posted in that publication that I will also post here:
