Just did a study of a mash up to find some pattern to my code red. The only ones I can find with just three daily bars within the yellow shaded area starting with a red vertical in the MACD and ending with a blue appear to indicate a red bar the following day. Starting with a red daily bar followed by green and another green = red bar next day. Therefore I'm...
When to go long? Three choices on my 2 hour chart. They are all points which had great significance in my thinking to go short. Williams Fractals (50% $7,367.6 H =$8,120.2), (50% $7,037.3 H=$7,509.7), (50% $6,991.5 H=$7,189.0). I cancel all my thoughts about shorts with a stop $7,189.0. Review going long. Can always short again later. Those 3 points on the 2 hour...
Big Picture chart showing Williams Fractal pattern and strategic opportunities using 50% point within each box construct in big scale mashed up into daily bars. For those who like studying puzzles I thought this mash up could give more added edge to the 4 hourly which I published. I didn't change anything just switched to the daily bars.
Interesting observation. I created two yellow bands for the two William Fractals mentioned in previous postings using the high and low and what's interesting for those who like counting is that price closes in and out of the bands between 4 to 9 days. I'd say the odds of Bitcoin dropping out the box are increasing by the day. I've marked with two big fingers one...
I'm short for now because price crossed one of my Bollinger trend lines , and price touched one of my lower Bollinger lines. Just for now a move back over $6,967 as indicated in the 4 hour chart or on 2 hour chart would cause me to review.
Big Picture chart showing Williams Fractal pattern and strategic opportunities using 50% point within each box construct in big scale.