Make more sense now?Not too much to say on this one.
not sure if we'll get the whole target but we are happy with what we have so far and are always ready for when it goes Bullish again.
It has grabbed liquidity from these Green Vectors down there but there are still more. This is a lovely place for them to catch Sellers that got to the party late and send price up.
This wouldn't matter much to us as we got in at the top and have pretty much secured the bulk of our positions
This is not financial advice and should be taken with a pinch of salt
Manipulation
Finally at the $2 mark of this short! BoomLoading, Loading and loading and then it happens but they wont let you see it coming.
We have enjoyed a $2, $0.70, $0.50 and $1.10 from 1 PM f US on Friday 7th Jan through to now
This is why you have to stay long while waiting for the big short because they will manipulate price upwards until the point where you think the guys calling "a short is coming" are crazy.
There is again still Red Vector candles to recover above so we are always ready to go long every time a Green vector candle is recovered. Especially when a Red Manipulation candle recovers it or when there is Blue in sight.
If we see this soon, especially as a Green Vector is being recovered right now, we we be long again until at least the red Vector at the top is recovered. Depending on what colour the candle that recovers it is we will act accordingly
Patience is key when trading Oil. But you can never for get about the Bull either.
This is not financial advice and should be taken with a pinch of salt
Naughty Market Maker - Beware Wkly turns greenThe Weekly candle has just turned green with 5 hours to go. Manipulation going on. If you're not already in its a straight 50/50.
When Green Recovers red or even makes contact in cases, we get a short not long after, even if it is to rise again. Well LINK is definitely to rise again regardless. Therefore you have 2 short entries at red vectors provided green recovers them. But more importantly, you know where to take profit from longs, to get back in after retracements.
But if you are semi hoddling $40 (Red Vector candle) is somewhere it can reach pretty soon Weekly in the TF (a month is just 4 candles)
We are in from an average $14 so everything above $17 is a massive gain for us already.
This is not financial advice and should be taken with a pinch of salt
How to Short a Bull market - Next week set up Bull Vs Bear WTIThis is basically the same idea but in the hourly time frame.
78.1-15
77.45-5
76.4
75.9-95
74.7
74.5
74.2
73.7
73.4
72.7
Are all the levels that have a Green vector candle in the hourly chart and will be used to play games when we are down there and if we will bounce and do a crazy Bull rally again, it will be from one of these levels if we see some blue or those Greens at key zones being recovered by Red Manipulation candles
How to Short a Bull market - Next week set up Bull Vs Bear WTISo we have been Bearish since the last few days of December and coming into the first week of Jan (Tuesday 3rd to be precise) based on 4HR recoveries of Red Vector (manipulation candles) candles by Green Vector candles at 77.3,78.5-8,80-80.4 areas.
All the while having to be begrudgingly Bullish as we know the next Red vectors are up at $84, $85, $88 and $92. But this could be for the next Bull party (with 84.45 level seeming the most likely of the 3 in the near future) The next Red Vector candle starts at $82.25 and ends at $84.45.
We have been pretty much short scalping the majority of the way whilst holding longs from local support (75, 75.3, 75.7) after every hold and bounce. This is how to win when the short is loading.
After recovering a significant part of the Large Green manipulation candles from the 27th December 2021 with a rather sizeable Red Manipulation candle on the 3rd of Jan 2022 down at (74.3), it made sense to enter a semi medium term long as this is the behaviour that happens when Reds recover Greens, so we entered on the rise (entry-buy stop 74.6).
When the following candle, also on the 3rd Jan was a big Green Vector candle (4hr) in TVC USOIL and IDC USDWTI but Blue in FXCM, Currency.com and Capitol.com charts we knew this 1st week of Jan would be used for manipulation but more importantly a short(s) will come this week and have been banging on about it all week.
We closed all longs from (75-75.7 range) and entered Shorts on the 6th Jan from 79.39, 80.2 and 80.09 claiming $0.70, $0.90 and $0.70 cents.
Applying the same strategy had similar results on Fri 7th Jan 80.40, 80.40 and 80.35 claiming $0.70, $0.50 & $1.70.
We are holding a partial position on shorts and a new long position from 78.5 that is ready to stop out at 10 pips if need be.
Th reason we stayed extra bearish into Fri 7th Jan is because the main 4hr candle of the previous day (2pm-6pm UTC) 6th closed Purple which is what we had been waiting to see for Bearish confirmation at the highs. This is the behaviour when Purple vectors recover Green ones at highs.
There was then another significant Purple candle down on the 4hr which gives further Bearish indication. However as always in Oil, you can never just forget about the "Beast" that goes where it wants when it wants and can always turn Bullish at any time.
Below are the results of a very successful shorting week and a half:
Wed 29 Dec - Shorts (2) 76.3 -75.3 ($1.00) (100 pips) & 77.00-75.30 ($1.30) (130 pips)
Thur 30 Dec - Shorts (2) 76.9 - 75.8 ($1.10) (110 pips) & 77.35-76.15 ($1.20) (120 pips)
Fri 31 Dec - Shorts (2) 77.00-75.3 ($1.70) (170 pips) & 76.50-76.10 ($1.40) (140 pips)
Mon 03 Jan - Shorts (2) 76.30-74.70 ($1.50) (150 pips) & 76.3-75.8 ($0.50) (50 pips) - alarm that induced longs (Bears ran out of steam temporarily)
- Longs (1) 74.60-80.00 ($5.40) (540 pips) (closed on Thur 6 Jan) (Entered first of shorts)
Tue 04 Jan - Shorts (1) 77.50-76.70 ($0.70) ( 70 pips)
Wed 05 Jan - Shorts (2) 77.10-76.50 ($0.50) ( 50 pips) & 78.25-76.85 ($1.40) (140 pips)
Thu 06 Jan - Shorts (3) 80.00-79.30 ($0.70) (70 pips) 80.09-79.19 ($0.90) (90 pips) & 79.85-79.15 ($0.70) (70 pips)
Fri 07 Jan - Shorts (3) 80.40-79.70 ($0.70) (70 pips) 80.40-79.90 ($0.50) (50 pips) & 80.35-78.65 ($1.70) (Closed 70% left 30% over weekend)
Longs (1) 78.50- open (target 80-80.5 - extended target 84.45) holding with stops at 10 pips
PS we are still on short bias overall but need to see how Bullish next week can be but more crucially if there will be Blue to cancel out the purple to take us past 80.5 and to 82.25-84.45 range. If we see only Green Vectors recovering the Purple and Red vectors at the current high, we can see some more of the Greens below get recovered before any new rally up.
Happy trading guys
ETC Wyckoff Method market manipulationETC/EUR EXAMPLE
Whales and institutions change the whole scenario by using trader behaviors and they know everything better than us.
The worst part is that every time it looks like the crypto market is recovering some sort of fud manages to make the news, which causes another massive sell-off.
Then when all hope seems lost and you’re convinced cryptos dead the trend suddenly reverses and the fomo strikes back. Now, it’s almost as if someone is trying to make you feel fear & greed at just the right time to move the market in a way that makes them money and leaves you empty-handed.
This has been both a meme and a common saying in the crypto space for many years and it sounds like nothing more than a conspiracy theory. But this is exactly and that there is even a way to predict these market moves in the advance.
Interesting similarities between BTC phasesBTC current Price Action is starting to appear increasingly similar to the PA we saw throughout the bearish period of Summer 2021 !
Color coded are the similarities i found and they are relatively indifference bar from the yellow markings failing to make a real attempt at recovery.
The PA were currently having has the same tone to the summer where dumps were carefully controlled by whales as they gradually filled their bags awaiting the uptrend to begin. Im overwhelmingly bullish on this PA and feel BTC has found its bottom for now !
An analogy i liked was the comparison to the current PA and a ball held under water ... once the downward pressure stops it will erupt upwards.
My LTF target is : 48k held comfortably
My MTF target is : 52k reached
My Q2 target is : 64k reached
ADA Wyckoff Accumulation Schematic Update #3As we enter the previously projected price range, the schematic tells us to expect consolidation. The target range is between 1.50 and 1.45 with a possibility of 1.40 . Zooming in on the charts, here are the potential measured moves projected by the schematic The volatility of crypto plays a roll in the slight discrepancies, and explains the wide target range. However, if it continues to play out this could be the trend reversal ADA needed. Wyckoff Accumulation Schematic for reference: forexop.com
ADA Wyckoff Accumulation Schematic Update #2ADA potentially gearing up for another move to the upside if it keeps following the schematic. The current retest of important levels was predicted from following the accumulation schematic, indicating the next move should be towards the 1.53 - 1.57 area . Wyckoff Accumulation Schematic for reference: forexop.com
Bitcoin manipulation: Wyckoff accumulation patternWhales and institutions change the whole scenario by using trader behaviours and they know everything better than us.
It’s been a brutal couple of weeks for the crypto market. Everything from Bitcoin to shitcoin has shed billions of dollars leading to a 38% crash across the board. The worst part is that every time it looks like the crypto market is recovering some sort of FUD manages to make the news, which causes another massive sell-off.
Then when all hope seems lost and you’re convinced cryptos dead the trend suddenly reverses and the FOMO strikes back. Now, it’s almost as if someone is trying to make you feel fear & greed at just the right time to move the market in a way that makes them money and leaves you empty-handed.
This has been both a meme and a common saying in the crypto space for many years and it sounds like nothing more than a conspiracy theory. But what if I told you that this is exactly and that there is even a way to predict these market moves in the advance.
Ask yourself this. What happens when every trader is relying on the same patterns and indicators? The short answer is that it makes it very profitable for someone to come in and disrupt the market by pushing the price above or below where most people expected it to go.
This is what Richard Wyckoff noticed over 100 years ago while working on Wall Street alongside Financial Titans by JPMorgan and Charles Dow.
Back then the average retail trader was constantly getting wrecked by institutions and large investors who would manipulate prices to essentially scare them out of their stocks and commodities.
t’s easy to forget that we’re not the only ones investing in crypto anymore. The institutions are here and they know much more about trading than we do. They know that most crypto investors don’t know much about technical analysis. They know that most people invested in crypto are consumed by fear & greed. They know all the patterns that seasoned crypto traders are looking for and how to manipulate them out of their positions.
Even while the market bled and the fud was flying institutional investors were buying the dip like mad. As Alex Becker pointed out more than half a trillion dollars was pulled out and put back into the crypto market in the span of just a few hours. That is not normal market behavior and it’s much more than retail investors could possibly afford.
Those are the footprints of the composite man. The institutional investors are playing by their own set of rules.
The craziest part about the Wyckoff Method is that it makes you question the utility of standard technical analysis. After all, the only way to beat the institutions is to play by their rules. Sticking to the basics is going to get you nowhere.
When you take all of this into account, the idea that someone is pulling the strings behind the scenes doesn’t sound like so much of a conspiracy theory. It’s just the way markets have always been.
The real conspiracy theory would be to say that all the institutions doing the price manipulation are using the media to facilitated by putting out fud and fomo at just the right time.
Litecoin to Liquidation LowLitecoin BITFINEX:LTCUSD gave a Spike Manipulation Signal. I have been looking for trades over the last few days to short cryptocurrencies back to retest the low of the recent liquidation event which will be the first target. I'll hold a partial position for a break of the Liquidation Low.
Ethereum Versus Bitcoin (ETHBTC) Rally ContinuesToday's divergence between Ethereum BITFINEX:ETHUSDLONGS and Bitcoin BITFINEX:BTCUSD can be visualized in the price action of the cross pair BITFINEX:ETHBTC .
Yesterday's price action took it to the 50% Retracement of the most recent bullish trend and Market Manipulation Spike signaled a rally off the level.
EURCAD Potential ShortLooking at EurCad we have an order block in confluence with a KL at 1.4400..
I will be looking for a nice break into and/or above the order block for a liquidity grab, then if PA presents an opportunity to go short then i will look to TP around 80 pips at the lower structure...
Extreme price volatility on FTXThis might be the most lucrative idea I ever posted on tradingview. Some exchanges like FTX have realy strange spikes in candles, these happen in a matter of minutes. One can speculate that exchanges use these to liquidate people out of their futures positions (spoofing?). The point of taking advantage of them is that they can result in 5% + profit in 1 minute which is unheard of.
The basic strategy is to for example short when a 1 minute candle reaches 5% increase which should not happen in 1 minute. In the chart screen you can see some tools I coded for myself to be able to send signals on these 1 minute charts to a robot to buy at these levels. The important thing is that these happen instantly a human will not be able to profit from these spikes as he is not fast enough in putting an order. The difficulty I still have is that my webhook could be too slow it would be much better to already have the limit order open and to have it change every minute to the desired price. If anyone can help me figure this last part out it would be greatly appreciated.
The only reason this chart is on 15 minute chart is because tradingview does not allow me to post 3 minute charts.