Description
Subscribe to this channel if you want more of this type of content. - Was having some fun this morning while recording my video and thought this type of content was good to share here on Youtube also. So, my friends, take a look at this "non technical" Monthly candles view. We're getting pretty extreme to the downside here. RSI Monthly also at the lowest levels.
Point of the setup? It corresponds well with the potential for a capitulation final bottom here in Feb that is followed by a new 60-day Cycle rally. Not expecting all that much longevity for any new Cycle, however a good dip could be an excellent entry for both Short Term and Long Term holders.
Remember, past performance does not represent or guarantee future performance. Applicable to this pattern of not seeing 7 Red or Green candles in a month.
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