WyckoffMode

NOTICED A PATTERN WITH FIB RETRACEMENT... Copy in Comments

WyckoffMode מעודכן   
BITSTAMP:BTCUSD   ביטקוין
6
... DOWNWARD from the peek of a Spring and/or Up Thrust on each Gun that makes it to Loading and Firing then Dumps into Consolidation.

It's during that consolidation I'm referring to. Look at the Text Bubble within the chart to explain why I'm placing the 100% Re-tracement back to Preliminary Support Two Guns Down for better accuracy. I know it breaks fib protocol. Maybe... I just found a pattern and sticking to it for now to see how it works in this particular situation with Bitcoin.

הערה:
Close Up of the First LG in 2015 with FIB re-tracement placement of the 100% on the way back down. Gets close to 61.8 retrace.

הערה:
The FIB Re-Tracement for the Consolidation move and Dump on the BitFinex Hack after a Spring and/or Upthrust:

הערה:
Current Re-Tracement:
הערה:
ALL COMMENTS SHOULD BE EASIER TO READ IN TEXT BUBBLES NOW:

הערה:
Previous FIB's were shown with Heikin-Ashi Candles;

Now have a look at Regular Candles... No not much difference on the 2 Day TF:

הערה:
REGULAR CANDLES CLOSE UP 2D TF of Fib Re-Tracement DOWN to 100% to see more accurate results on the re-tracement for 0.236, 0.382, 0.618; First Loaded Gun (LG) that began in 2015.

הערה:
REGULAR CANDLES CLOSE UP 2D TF of Fib Re-Tracement DOWN to 100% to see more accurate results on the re-tracement for 0.236, 0.382, 0.618; 2nd and 3rd LG.

[Killing 2 birds with 1 stone here:

הערה:
Pulled back on the first FIB Re-Tracement for the first LG in 2015. Wanted to show where I had the Preliminary Support Line for 100% re-tracement on the that first LG re-tracement in the BULL TREND REVERSAL from the Wyckoff Cycle to a Spring began.

Determining PS Support line for the first Re-tracement was difficult. That would be hard for anyone to do on the first one. All the other ones are consistent with accuracy on 0.618 if 100% is placed at consistent location.

This is Regular Candles still but on the Daily... The AQUA colored line marks PS Support for what would be equivalent to two guns down from the current gun re-tracdement.

הערה:
Again those first ones were difficult. However, you will see where I place the PS location for the others; which are at the very top of a move (wick) on the beginning of the formation of the top of a gun.

הערה:
More Preliminary Support locations at TOP of move (wick) where guns are first TRANSITION INTO LOADING .

הערה:
Those locations are where I'm saying we will bring 100% re-tracement back to for the 0.618 to be more accurate on the re-tracement.
הערה:
This is a VERY IMPORTANT NOT.... MUST BE IN LOG SCALE PROBABLY.... HAVEN"T TRIED THE OTHER WAY...
הערה:
VERY IMPORTANT NOTE.... NOT "NOT"
הערה:
I'm in LOG SCALE

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