You will have to watch the video without much writing today. I apologize for the delay in this, but life happens. Here is the timeline:
Monthly Chart View: 1:10
Weekly Chart View: 4:08
Daily Chart View: 5:15
What I want everyone to see is that the most complex set-up is on the daily chart and that is because of the so-called “DEATH CROSS” (no exclamation point used) and Fibonacci pattern as simple as an AB=CD pattern all the way to the bearish butterfly pattern I describe in the video. The point of this is depending upon which time frame you are operating in, your strategies much be dependent upon the trends and patterns in that time frame (even if you look at longer or shorter time frames to get a better bearing on where markets are headed. You will be required to do that over the next few weeks until we see how the bond markets and the rest of the world acts up in the future.
That is all for me this evening. More Bitcoin writing WILL return as soon as things get less crazy for me. Thank you, as always, for supporting the Buffalo Trader’s Writing Desk!
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