Another Overlay "Exposing the Schematic"
A very quick video, showing a Wyckoff distribution schematic (update from the last post).
We have covered these in the streams with Paul_Varcoe Another stream later on BTC at 15:30 UK time today.
tradingview.com/streams/E9c1C3Puuf1_osDI10bTa
With Elon's tweet pushing the price of BTC down - it's now at the lower band of the Wyckoff structure (overlaid) in this post. Some more confusion and fear to drive lower for sure!
I also posted yesterday some more educational content on why people are hooked on crypto.
See linked ideas.
Will be updating this as the schematic unfolds.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
We have covered these in the streams with Paul_Varcoe Another stream later on BTC at 15:30 UK time today.
tradingview.com/streams/E9c1C3Puuf1_osDI10bTa
With Elon's tweet pushing the price of BTC down - it's now at the lower band of the Wyckoff structure (overlaid) in this post. Some more confusion and fear to drive lower for sure!
I also posted yesterday some more educational content on why people are hooked on crypto.
See linked ideas.
Will be updating this as the schematic unfolds.
Disclaimer
This idea does not constitute as financial advice. It is for educational purposes only, our principle trader has over 20 years’ experience in stocks, ETF’s, and Forex. Hence each trade setup might have different hold times, entry or exit conditions, and will vary from the post/idea shared here. You can use the information from this post to make your own trading plan for the instrument discussed. Trading carries a risk; a high percentage of retail traders lose money. Please keep this in mind when entering any trade. Stay safe.
Discord Server for education and advanced techniques: discord.gg/5t3w47raHe
Masterclass Webinar: mayfairtradingevents.com
Prop firm partners (FTMO)
shorturl.at/hBEQ4
Masterclass Webinar: mayfairtradingevents.com
Prop firm partners (FTMO)
shorturl.at/hBEQ4
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.