XMRBTC - Follow Up on Wyckoff's Rules regarding Composite Man.
I posted this chart in another publishing earlier. I thought I would go ahead and publish it on its own.
There is no need for me to make further comments at this time, as most of them were made on the chart.
NOTE: If you had trouble reading explanation of the abbreviations in the top left hand corner, it can be seen much better in a repeat post of the chart below in a comment. For some reason, everything is kind of crunched together when you publish but more spread out when you "comment."
There is no need for me to make further comments at this time, as most of them were made on the chart.
NOTE: If you had trouble reading explanation of the abbreviations in the top left hand corner, it can be seen much better in a repeat post of the chart below in a comment. For some reason, everything is kind of crunched together when you publish but more spread out when you "comment."
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I needed to add the purple horizontal rays on the 3rd Tier up and I added a short note of where I believe the 3rd breakout level will be, approximately.Catatan
I did not bother adding more YELLOW horizontal rays between the 2nd and 3rd Breakout levels until there is more data. It's possible the Composite Man was killing two birds with one stone while profit taking on the way down before the Mark Up. What I mean is, it appeared like it was going to level out there for a little bit before falling down further before Marking Up. That period was probably used to determine if they may want to begin a purple Tier there instead of going up further to where I marked the 3rd Tier to be. That can be looked at more closely in several shorter time frame candles.Catatan
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The previous was 4h chart. This is 4h AGAIN "zoomed in" with more notes. I will be posting another chart zoomed in even more on a shorter time frame candle in a few. Catatan
2h Chart. About to zoom in more. Catatan
1h and zooming in more. Catatan
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That was the 45m Chart I posted previously.Catatan
45m Chart again with comments. Catatan
45m again with comments: Catatan
Posting this one more 45m chart with the green arrows to bring attention before posting possible entry point.Catatan
One more before entry recommendations with stop loss. Catatan
My apologies, I had to post one more with a note on the volume before an entry recommendation.Catatan
My apologies AGAIN. I HAD to show this before to show support for my entry recommendation.Catatan
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DON'T FORGET STOP LOSS. KEEP YOUR LOSSES SMALL AND YOUR WINNINGS LARGE>HAPPY TRADING.
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Looks like many may have had their Stop Loss triggered here.Catatan
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Forgot to include abbreviations, in case one needs them:Catatan
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