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Wyckoff

Easyjet - EZJ - LongGood Day! Trade idea was posted via VIP group a few months ago - with significant gains, and profits booked. Successful trade. However - the situation we have now, is a set-up now presenting an even better risk-to-reward ratio. Previous trade commentary shared in VIP group, remains valid. Good luck! Best, Figuring Out Finance VIP Trade Set-up shared earlier this year: Tues 4th Jan- 22: Trade update - Easyjet (EZJ) Easyjet (EZJ) trade idea from Dec-21, has already delivered strong returns in a short space of time. Markets reacting positively to the UK govt's stance on cautiously not increasing Covid restrictions, and the fact that Omicron is slowly being recognised as a 'milder' variant than expected. This was in line with our 'house view ' on the market's potential overreaction to the new variant (albeit it's tragic news of course that people will continue to suffer from the effects of Covid). Today EZJ opened at >10%. Our Fund bought heavily into the recent fade of EZJ price, and will no longer be looking to increase our exposure at these prices. Will re-evaluate our positions should price revisit sub 550. Take profit around 850, continues to be valid.
LSE:EZJLong
by FiguringOutFinance
4
MONDAY OVERVIEW - Long Term and Intraday Setups on INDEX and FXHi Traders, This is my view for this week on: - SPX500 - NAS100 - SILVER - CHFJPY - EURUSD - GBPUSD I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals. I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view. Pit DISCLAIMER: Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice. ———————————
by kitchen_trading
GOLD - EOM Update Monthly candle closed so here's an update - GOLD has now closed below 2011 resistance and it is now very apparent that this year's Upthrust has been a shakeout pattern (SOP) as was the 2020 top. Both these tops have similar characteristics that share similarity also with the 2 candle Evening Star pattern: A bullish candle, an upper wicked reversal candle and a bearish candle. And through this 3 candle pattern on both occasions price passed above 2011 resistance to then fall back below. Through the lens of Wyckoff this entire area since August 2020 top will most likely prove to be a Distribution phase and March low will prove to be SOW Sign Of Weakness which will eventually break to the downside and collapse into the more impulsive Mark Down. Taking the previous 2 major pivots in retracement ('15 - '22) and the previous 3 major pivots in projection ('11 - '15 - '22) finds an inverted phi (0.618) band between $1358 and $1423. And so I suggest that the next major pivot will be in that area. Also notice that there are quite a few minor tops in that area that would act as support. If market conditions are ripe then this may be a good area to buy however it may not be the eventual bottom. Not advice.
TVC:GOLDShort
by dRends35
6
Price Doubling Markup BrewingMajor major accumulation here. Can see in the DMI and stochastic, as well as the chart. Activation of markup is above 98. My initial target is the 111-127 range by July 11-15th. If it makes it above 133 I expect it to continue to as high as 177 by August (post-earnings). Goal Target by July 25th is 152-157. The yellow, orange, red zones are profit taking area - not financial advice but I like the July and August calls from 95-110, take some off in yellow, more off in orange, more in red zones. It will likely need to consolidate or pullback before attempting to break 133. Look to Roku's past for evidence it has major runs in it, my belief is that the time for the next major run is about to begin.
NASDAQ:ROKULong
by JerryManders
It is TimeActivates above 19762.41 Just to be clear I think the solid green or dashed green paths are most likely. We have until July 16th to get above 26330.82, else 32760.44 becomes a resistance with low probability of breaking. This probability decreases with time, and after July 27 the probability approaches 0. Based on the accumulation structure that developed recently, my best guess is they will use this window to mark this up explosively - If we can clear 26330.82 and then 32760.44 in this window then the initial target becomes 35259.49 by as soon as 6/16/2022 . If we clear initial target then it confirms the bottom of this cycle was in on June 18th; if the above becomes realized then the next target is 47048.92 by as soon as 8/24/2022. Please note this doesn't have to unfold, but probability is on the side of the bulls if this becomes activated above 19762.41 and price keeps up with time. A failed markup will risk a drop to as low as 6k-9k (but more likely 11k-13k, or until remaining overhanging supply is completely absorbed). The paths are moreso illustrative, this is after all a stochastic process. The solid green line is what I most expect and it will be something that will shock the world, mathematically they will invoke chaos with respect to demand. I believe this begins today. Heed, YOY Guardian {case 4.669201609...} We are from the dimension that exists in Y our future, translated in O ur past via R.E.M. within the dimension that exists in Y our present... or did
COINBASE:BTCUSDLong
by JerryManders
7
Markup ActivatedMarkup was activated this morning above 1089.43 If we clear 1111 I expect explosive upside to 1713.53 If we clear 1713.53 by July 12 (7/12/2022), it can run to test resistance at 2333.93 If we clear 2333.93 by July 21st, the initial target becomes 2752.20 - can hit this by July 25th Above 2752.20 (within this time window) and they invoke chaos with respect to demand. Goal target will become 3458.32 by 8/4/2022, but it can reach as high as 6189.97-7665.74 by October 27 This window of opportunity closes on 9/1/2022, after which the probability of being able to break resistance at 2333.93 begins to accelerate, and approaches 0 past October 27 2022. A realization of 2333.93 after Sep 1 will likely result in a rejection, followed by a downside move to a new low where they will re-attempt an accumulation setup that can end this corrective wave.
BINANCE:ETHUSDLong
by JerryManders
22
MONDAY OVERVIEW - Long term and intraday setups on INDEX and FXHi Traders, This is my view for this week on: - SPX500 - NAS100 - DAX - NZDUSD - GOLD - EURJPY I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my strategy you will be able to identify the right filters and triggers to enter correctly the market and avoid fake signals. I really hope you liked this video and I would like to know what do you think about this analysis, so please use the comment section below this video to give me your point of view. Pit DISCLAIMER: Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice. ———————————
by kitchen_trading
Markdown phase Hey all, I think GCO is in the beginning phases of a markdown phase. It is a retail stock(which I have a very bearish thesis on through year-end). I'm not currently short on this stock, but I would jump at the opportunity to get short should it get back into the high 50's. Considering it ran over 1000% from the pandemic low to its highs, it has a lot of potential room down and is seemingly out of steam. It has over a year's worth of buyers overhead that will look to sell and push down the price as it goes lower and lower; keep an eye on this one as it could move fast to the downside when the time is right. Considering I think the market will bounce in July(ahead of another leg lower), I am hesitant to enter short positions. That being said, I am definitely keeping an eye peeled on this name.
NYSE:GCOShort
by MichaelEugen1
1
BTC LONG Until 21.4k / 22.3k then SHORT to 16.3k!I made a previous Wyckoff chart too early on and I imagine lots of Bears were expecting a dump a lot earlier than how it actually happened. Now we are at this point, the situation is very clear. I can see this whole dump has been circled around the Monthly close. Now sometimes, there will be an initial Bull trap pump on the Monthly close, so I won't be setting Limit orders at 21.4k because I could wake up rekt. I am aware this could take us to 22.3k. (Apologies, my 2nd red squiggy line should have drawn it to 22.3k) However a max of 21.4k here is also a possibility, before we finally dump. I will be Market ordering based on what I see on the 1 minute charts during these levels. I am currently LONG 20,680 with a TP of 21,390. Something tells me I won't be getting much sleep 1st-2nd July!
by reiiss7
3