KGB CONTINUE TO SHOW STRENGTHI Continue to Re-initiate position today
@ Market opening
@ RM 3.04
Based on the yellow arrow, noted presence of spring on the price action
With huge Vol demand was last week after QR released,
I decided for a short term swing again today
My original thesis remains
Pure Wyckoff
Wyckoff
KGB CONTINUE MARK UP
Since the price top on 21/3/24, it was tally with wyckoff projected price based on the 3rd Law
**Refer to my previous post
On 16/4/24 (Red Arrow), i noticed that the bar came with Climactic Volume
this is a sign that trend will be changing
With the price reaching the projected price (Conservative Projection) ,
price will be continuing marking up or stepping stone ?
Thus position intiated as attached
pure wyckoff
DAYANG CONTINUE MARK UPI have been in & out of this stock for this year
Looks like a short term swing might be benefit
A classic Re-Accumulation in a Bigger Time Frame of Mark up
Position initiated from the BUEC site, with intention that this might be a BO of Buec
Pure Wyckoff
Anything can happen, risk always no 1 priority
USDRUB.P Long Aggressive DayTradeMonthly context
"+ long impulse
+ SOS level
+ support
- above 1/2 correction
+ volumed 2Sp
+ weak test"
Daily context:
"- short impulse
+ volumed T1
+ support level
+ volumed manipulation"
Hourly context
"- short impulse
+ biggest volume T1 level
+ support level
+ volumed 2Sp"
5M set up
- short impulse
+ volumed T1 level
+ support level
+ biggest volume Sp
+ weak test
+ first bullish bar closed entry
Calculated affordable virtual stop loss
1 to 2 take profit
Is Bitcoin on a Distribution or Accumulation range?I made this analysis of Accumulation and Distribution ranges on Bitcoin.
On the current level we can clearly see its forming a range which can work as Distribution and go down at least a key level bellow as we can see on the horizontal lines.
Or it can make a spring bellow the range and push up to a new level above new all time highs.
The question is: We are now in a Distribution or Accumulation Range?
What are your opinions?
[BTC/USDT] Bitcoin potential accumulationsince April 13th the market has witnessed a sideways movement meaning an equilibrium between supply and demand until May 20th ended with a breakout of the resistance that qualify this range of being an accumulation, the breakout happened in the same way that wyckoff litterature describes it high volume, wide spreads, firm closes the next step is the final confirmation that i'm waiting for is a retest of the previous resistance then an explosive move to the up side
STLA 1H Long Aggressive CounterTrend TradeAggressive CounterTrend Trade
- short impulse
+ volumed T1 level
+ volumed Sp
+ weak test
+ first bullish bar closed entry
Calculated affordable real stop loss
1 to 2 TP before volume zone
Context on Daily:
"- short impulse
+ monthly support level
+ 1/2 correction monthly
+ biggest volume T1
+ biggest volume Sp"
Context on Monthly
"+ long impulse
+ SOS level
+ 1/2 correction?
+ support level"
Wyckoff Reaccumulation PatterThe current patter which started development since the end of January, is almost complete. If it is true, BTC will pump probably to ATH within days.
On the chart you can see a blue path, there is still possibility of a shake-off strategy aimed to scare people.
Of course, DYOR ! A probability of invalidation of this idea is marked on chart by a stop loss placement.
This is not financial advice, you do your own research and you take all your own responsibility for any loses.
TESLA POSSIBLY BOTTOMING This is tesla
Based on 3rd Law of Wyckoff , looks like the price has been lingering around the projected value (I use very conservative & conservative count )
***Yellow/Orange Arrow
I seldomly intiate position based 3rd Law alone , However in view of very huge Vol Demand on 29/4/24, i simply do not want to miss the possible rally afterwards
Pure Wyckoff
1st entry : $184
2nd entry : $180
Analyzing the TON/USDT pair using the Wyckoff Accumulation modelAnalyzing the TON/USDT pair using the Wyckoff Accumulation model in the 4-hour chart for the past month reveals several interesting insights:Accumulation Phase: From August 1 to August 10, TON experienced a period of accumulation, where the price slowly rose, indicating a potential buildup of buying interest.Breakout Phase: On August 10, there was a significant spike in price, suggesting a breakout from the accumulation phase. This could be an indication of increased buying pressure, potentially leading to a bullish trend.Consolidation Phase: Following the breakout, TON entered a consolidation phase, where the price fluctuated between August 10 and August 15. This phase often precedes the next major price movement.Distribution Phase: From August 15 to August 22, TON entered a distribution phase, characterized by a gradual decrease in price. This may indicate a shift in market sentiment from buying to selling.Breakdown Phase: On August 22, there was a sudden drop in price, suggesting a breakdown from the distribution phase. This could signal a potential reversal in the trend, moving towards a bearish phase.It's important to note that the Wyckoff Accumulation model is just one approach to technical analysis, and it should be used in conjunction with other indicators and analysis methods to make informed trading decisions.
The next decade belongs to Latin AmericaFor the past decade, decision-makers in major banks and multinational companies have been focusing their attention on one of the hottest "growth frontiers": emerging markets.
During much of the 1980's the prospects in most emerging countries were quite bleak: the debt crisis, inflation and domestic political turbulence.
Then a number of "economic miracles" began to pop up, drawing attention to specifically Southeast Asia, the Indian subcontinent, Eastern Europe and toward the end of the 80's, Latin America.
Latin America struggled with the heavy burdens of the debt crisis, hyperinflation, recession and the transition from authoritarian to democratic governments. Most analysts call the 80's Latin America's "Lost Decade." Most governments in the area came to the realization that they were gradually becoming irrelevant to the investment decisions of major international players and that they would slowly but surely lose ground to Asia and Eastern Europe in the competition for capital and employment opportunities. The region's trade with the rest of the world increased but at a slower pace than in countries at similar stages of their development. Latin America largely remained an exporter of primary goods. In fact, beside the popping off of just particular industry sectors and multinational companies, Latin America never saw a bullrun as a continent.
After lagging behind big players like India and China during the Era of Markets (1989–2019), where there was a remarkable increase in global economic interconnectedness and rapid adoption of digital technologies, now it's time to shine for Latin America and to catch up to OECD economies.
The next decade is expected to be a transformative period for Latin America with many countries experiencing rapid growth and development.
Economic Growth : Latin America's economic growth is expected to continue, driven by a combination of factors such as increased trade, investment, and infrastructure development. The region's large and growing middle class is also driving consumer spending and demand for goods and services.
Regional Integration : Latin America is also expected to strengthen its regional integration, with initiatives such as the Pacific Alliance and the Mercosur bloc aiming to promote trade and cooperation among member states. This will help to increase economic competitiveness and attract foreign investment.
Demographic Dividend : Latin America is experiencing a demographic dividend, with a large and growing population of young people entering the workforce. This will provide a significant boost to economic growth and innovation, as well as help to address social and economic challenges.
Innovation and Technology : Latin America is also expected to become a hub for innovation and technology, with many countries investing in digital infrastructure and innovation hubs. This will help to drive economic growth and create new opportunities for entrepreneurship and job creation.
Emerging countries now represent the clear majority of the world's population. Their growth prospects range from 4 to 5% per year in Latin America, 6 to 7% in East Asia and up to 10% in China. These are typically two to three times the expected growth rates of developed countries.
In all of these countries, growth will invariably entail the expansion of new middle classes, with outsized needs for consumer durables, housing and mobility.
The MSCI Emerging Markets Latin America Index e.g. captures large and mid cap representation across 5 emerging markets countries in Latin America. This index is one of the most trusted measures of how these stock markets in the region are performing. However, all the constituent countries do not have a proportional representation in the index. The country weights in the MSCI Emerging Markets Latin America Index are mostly Brazil 46.6%, Mexico 36.51%, Chile 9.79%, Colombia 4.17% and Peru 2.93% with sectors like materials, energy, consumer staples, common services and financials.
Looking at the Index from a technical macro standpoint we can see clearly almost 20 years of an (Wyckoff) accumulation period (with the launch in 1990 probably even longer) and sideways movement resulting in a kind of created bull flag signaling a continuous coming-in of buyers and losing steam of sellers.
Furthermore the monthly RSI is printing higher lows and higher highs which is an indicator for a steady uptrend and positive momentum shift towards the upside.
No doubt, Latin America is gonna flourish the next decade(s) marking a significant transformation, with the region poised to emerge as a major player on the global stage.
WMinima - violently tested accumulation structure? WMinima has very interesting, possible reacumulation structure. This low cap market structure was violently tested to last no supply candle pattern - test signal was -70% WMinima price range.
Now, I looking for candle pattern with no supply tenor for uptrend confirmation.
Ethereum (ETH): Wyckoff Accumulation Pattern in Play
Ethereum (ETH) appears to be following the Wyckoff Accumulation pattern on the 4-hour timeframe. This pattern is characterized by several phases of price consolidation and distribution, followed by a decisive breakout.
The Wyckoff Phases:
Phase A (Accumulation): The price forms a trading range with multiple attempts to break out to the upside, but each attempt is met with selling pressure. This phase is characterized by low trading volume.
Phase B (Distribution): The price breaks out of the trading range to the upside, but the breakout is weak and quickly followed by a reversal. This phase is characterized by increased trading volume.
Phase C (Reaccumulation): The price returns to the trading range and consolidates again. This phase is characterized by lower trading volume than in Phase B.
Phase D (Mark-up): The price breaks out of the trading range with conviction and begins a sustained upward trend. This phase is characterized by high trading volume.
ETH's Current Position:
ETH has completed Phase A (Accumulation) and Phase B (Distribution) of the Wyckoff Accumulation pattern. The price recently broke out of the trading range to the upside but failed to hold the breakout and reversed back into the range. This suggests that ETH is currently in Phase C (Reaccumulation).
Expected Price Movement:
Based on the Wyckoff Accumulation pattern, I expect ETH to complete Phase C (Reaccumulation) by consolidating within the trading range for a period of time. This could be followed by a decisive breakout to the upside in Phase D (Mark-up), potentially leading to a significant price increase towards $4,500.
Additional Factors to Consider:
Overall market sentiment: The overall sentiment of the cryptocurrency market could impact ETH's price movement. If the market is bullish, ETH could break out sooner and with more momentum.
On-chain metrics: On-chain metrics such as active addresses and transaction volume can provide insights into the overall health of the ETH network. Positive on-chain metrics could support a bullish price movement.
Conclusion:
Ethereum's price action appears to be following the Wyckoff Accumulation pattern. While the pattern suggests a potential breakout to the upside, it is important to consider other factors such as overall market sentiment and on-chain metrics before making any investment decisions.
GBP/JPY - Wyckoff Ideaas you see, this is distribution structure.
I think that we are going to make a retest on the ICE and I got a connection between indications so its looks very good.
I still wont do a sell limit because I want to see the price action and let the price create my stop loss.
I upload this to get comments and things that I can Improve