PART 1. ACCUMULATION CYCLE Wickoff Theory The Wyckoff theory describes many aspects and rules of trading. The main problem of the theory is the demand/supply balance. It is widely known that this balance is the key reason of some price action on the market. Today we are going to consider the Wickoff Cycle pattern. Let's start with the accumulation one. ...
HELLO TRADERS! EXAMPLE HOW SMARTMONEY ACCUMULATE TO DISTRIBUTE MORE.. AS U CAN NOTICE WICKOFF ACCUMULATION SCHEMATIC WAS IN THIS PLAY.. ALL LIQUIDITY AS ABOVE SO BELOW WAS PICKED UP BY SMART MONEY ON WAY DOWN, NOW SINCE WE START OCTOBER, AND DXY HAS DROPPED, THEY PUSHING PRICE HIGHER TO ACCUMULATE TO DISTRIBUTE MORE... CHECK OUT LAST EURUSD MARKUPS WITH SM...
Hello Traders, it looks like we are on higher TF in distribution phase on this particular pair, so we gonna expect long term bearish movement. Hopefully this example will help u identify Wickoff schematics on chart, cause they keep printing over and over again on all time frames.. Understanding market structure is the key so we are focusing on this type of...
Wyckoff Distribution playing out perfectly in USDCAD.
If this is Schematic #1 of Wickoff method, we've two option here, Phase C is complete or not, if we broke 6500 support probably we going to a real "spring" arround 5400, even more low. What you think about?