Post

$BTC Sunday Low=Wednesday Pivot High This intra-week setup has occurred in 14 of the past 19 instances. Monday established a pivot low, which suggests that (if the usual intra-week pattern remains intact), Wednesday will form a pivot high. Historically, a Wednesday pivot high tends to influence price action into Thursday. That said, the mid-week pivot did not materialize last week, which may indicate a shift in algorithmic behavior.