Foryou
Wyckoff is SimpleThe wyckoff method is a very simple method. The purpose of this post is to show you price manipulation by the Composite Operator or CO.
Price NEVER moves the same way. In fact, you will almost never see the same wyckoff pattern in all of your trading years. HOWEVER, the terminology is the same because the reasoning behind these moves are scientific and are inevitably going to happen. For example, shorts have to cover eventually. Thus, the terminology for the automatic rally after a long downtrend is Sufficient evidence of short covering.
So, In almost every range there will be a stage. A stopping stage, trading stage, heavy absorption or distribution, trend phases, and an exit of the range. By far, this method of trading is the BEST way to avoid excessive risk, and if you are lucky, you can easily campaign a stock into 200-300% gains--EVEN IN PHASE B?!?!( big risk )
AUDUSD ANALYSIS DONEWe are bullish on this but the question is??? Will the head and shoulders setup bring price down again to form a deeper correction i.e reversal pattern to get the next IMPLUSE ✌️👉🏾📈
Just note overall structure BULLISH WHILE MINOR STRUCTURE BEARISH for now,because of head the shoulders pattern forming
Follow for more
GOOD LUCK TRADERS
GBPAUD TIPS Sorry y'all I haven't been active so sorry.....price triggered our 90% rule on a flag pattern so now we are either waiting for a continuation or a reversal of the price we are currently bearish but it might take a while to for the price to move IMPLUSIVELY because am seeing an inverse head and shoulders setup forming on 1h so let's be careful with entries on this pair
GOOD LUCK TRADERS
USDCHF FEB 21 2021AFTER IDENTIFYING PHASES OF WYCKOFF THROUGH ACCUMULATION EVENTS PAITENCE WILL BE TAKEN INTO ACCOUNT FOR UNDERSTANDING PRICE ACTIONS DFESIRES, LIKELY ANTICIPATION SOF A SOW IN PHASE B OPENS UP OUR EYES TOWARDS BUYING OPPORTUNITES ON AN UPTHRUST AND CREATING NEW LOWER HIGHS WITHIN INSTITUTIONAL CANDLE RANGE
EURBGP FEB21 2021AFTER FOLLOWING WYCKOFF EVENTS OF DISTRIBUTION SCHEMATIC, PRICE ACTION IS DISPLAYING LAST POINT OF SUPPLY
THIS INTIATES ANTICIPATION OF AN AREA OF INTERST TO WHERE PRICE WILL POSSIBLY REJECT AND FOLLOW WITH A PULLBACK TO THE UPSIDE
WHILE NOT LONG AFTER PROCEEDING THROUGH A RETRACEMENT ZONE, AND CONTINUING IN BEARISH MOMENTUM
EUR/USD going to stay bullish?We have good potential here. Lets keep our fingers crossed on this everlasting pending breakout. I also left a link from my last prediction. Feel free to check it out and refresh the bars, leave a like, comment your ideas, and fallow for weekly or daily updates!
Happy trading and good luck all
OANDA:EURUSD
Disclaimer
The material and information contained in this analysis is for general information and educational purposes only. You should not rely upon the material or information on any of my analysis as a basis for making any business, legal, or any other decisions.