ETH: Odds Still More Favorable for Expansion DOWN

Hi Everyone! I wanted to take 20-minutes to point out odds are still more favorable for Stage 2 Expansion Down in several time frames in the Mid Term Group of time frames. The 9-Day, 10-Day, 11-Day and 12-Day time frames in particular. The 3-Week time frame also shows potential for Stage 2 Expansion Down the NEXT 3-Week candle; which begins approximately 3.5 Days from now. So, we cannot rule out a Sign of Weakness in Phase E of Distribution. If we do see a Sign of Weakness in Phase E, I anticipate that Sign of Weakness to fall somewhere between $875 and $625.

I hope this video was helpful.

Thank you for your valuable time!

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Happy Trading and Stay Awesome!

David

Komentarz:

UPDATE:

Here is the Mid Term Group of time frames:

Here is the 3-Week time frame:

Komentarz:

UPDATE:

We have 10-Days and 14-hours remaining in the current 4-Week candle. As you can see, we are still at threat of Stage 2 Expansion Down in this 4-Week time frame: