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Wyckoffaccumulation

Bear claws taking a big swipeBeen some rough days for the bulls lately. I've update my Wyckoff trading channel. Friday's trading was very steep and high volume that may, just may indicate a selling climax. It is possible we get another low but I count 5 waves over the last several days which could indicate the finish of a C wave in this correction for an expanded flat or zigzag. Pure Elliot Wave has some nice Elliot wave assessments from Lara that are really helpful in keeping track of these trading channels. I placed a downward trading channel for this down movement but likely too steep for any significant value. Volume has been increasing for the most part over this bearish pattern and with Friday's candle closing on the low on high volume, still indicates bearish sentiment. Had that candle been green or a bigger tail on high volume, would indicate a turn towards upward movement I would think. This is information only and by no means implies any suggestions for trades. Trade at your own risk. Good luck.
CME_MINI:ES1!
by HedgehogLanding
Spring or continuation?I was a bit surprised at the upward movement but still maintained a correction sequence based on Elliot wave theory. I was counting that upward movement as a Wave 4 correction and came close to invalidation by overlapping Wave 1. Close but no cigar. I think we will finish up Wave 3 on overnight trading and into tomorrow's session with a nice correction and probably a short Wave 5 to finish up the "Spring" if the overall count is bullish. It's quite possible this is a start of a bigger correction that will last for quite a while.
CME_MINI:ES1!
by HedgehogLanding
Wyckoff ConsolidationRiding the fence tonight providing a couple of options for price movement. This is looking like a really nice Wyckoff consolidation pattern but time will tell whether it is accumulation or distribution. The effort (ie volume) is in the red candles with increasing volume vs decreasing volume on consecutive green candles. Personally I think this is a massive accumulation range that will continue upward long term but for now will be sideways trading. Pricing is respecting channels so far so there are opportunities if you can handle any draw down. From an Elliot perspective, this is looking like an impulse wave and in the middle of Wave 3. Wave 1 was a big one so will see how this shakes out. Impulse waves are 5 wave patterns that can exist as Wave's 1 3 or 5 on impulse waves or Wave A and C on corrections. Personally I think we are in a Wave C correction going down.
CME_MINI:ES1!
by HedgehogLanding
Bitcoin OlympicsLook at the similarities between both wyckoff accumulations. The only thing that scares me is that all of crypto twitter expects this. crypto twitter might not be the best indicator, but media is a part of how the fear & greed index is messured so i think it's worth mentioning. What i mean is that, if everyone expects it to drop towards $40,5k one last time, there will be so much liquidity below that level. This might cause large institutions or the composite man to send bitcoin below 40k towards lower imbalances or orderblocks...
BITSTAMP:BTCUSD
by Juniorl09
XAUUSD Wyckoff Accumulation - Don't get caught out!Illustrated above is a break out of an accumulation set up which should see gold recapturing the price levels it fell through last week. The immediate upside price objectives are 1802,1811 and 1828. Last weeks decline found preliminary support (PS) at 1794. This temporary relief is usually followed by what is known as a selling climax (SC) which took gold down to 1786. We saw first signs of exhaustion at this stage confirmed by the automatic rally (AR) back towards the preliminary support (PS) , before a secondary test (ST) saw price retracing back towards the climax lows. What follows next usually leaves an asset temporarily range-bound and is characterised by several rallies and secondary tests; the highest and lowest price points outlining the support and resistance levels for the range. An initial a sign of strength (SOS) signified that a bottom had occurred with buyers emerging. This was subsequently followed by another sell off which often breaks the selling climax (SC) lows briefly. A key indicator to look out for at this stage is volume. Lower volume than during the initial selling climax (SC) indicates a possible (Spring) with confirmation of the Spring being further strengthened by another attempted sell off to the last point of support (LPS) which witnesses price bouncing back off the support line identified during the earlier stages. From this point onwards, price is expected to retrace back up and break out of the range targeting previous levels of distribution. Whilst the longer term technicals and sentiment remain bearish, bulls have the near-term technical advantage. A daily close below 1785 will be required to change this near-term outlook. We can expect for gold to retest the 1828-1834 price level again. A successful break of this could lead bulls back up to the 1855-1860 level. I hope you found this useful, do leave your thoughts in a comment below. As always, a 'like' and 'follow' provides encouragement to share further ideas. Thank you for taking the time. BeyondEdge Your Edge Is Your Perception. Go Beyond.
FOREXCOM:XAUUSDEducation
by BeyondEdge
7
BTC Monthly Timeframe Wyckoff Re-accumulation in Phase BHad my eye on this beauty for some time now. Looks like BTC is maturing, throwing the cycle arguments out of the window, most of the crypto community are not ready for such big swings in sentiment its leaving them all a little confused hehe. Their poor emotions, sentiment swings are extreme :) Now as price action has developed we can see that we are potentially just in a much larger structure which is a pause in the uptrend. You can see that volume is contracting although there is still some supply in the background atm. Contracting volume and slower acceleration to the downside is a promising sign for cumulative cause though. The causality seems to be growing. I have put in a dotted line for an apex style formation which is very common in cryptos although I do beleive that the most probable scenario judging by the stock markets is that we do go back down for another secondary test of 28K, I still cannot see any demand here at 43K. There just seems to be some support, there is no aggressive buying by CO just yet. 28K would be incredibly healthy and a fantastic opportunity for investors/swing traders and I beleive this is the true value zone. Do I see this structure being distribution? At the moment no. Supply seems to be exhausting already, one more leg down to solid support 28K maybe but deeper than that not really, maybe 26K max pain... One thing to note is the trusty TDI indicator. This also indicates another leg down is possible which would see this reset, a bottomed out TDI indicator along with long term support you can bet is a strong buy signal!
BITSTAMP:BTCUSD
by FX_TWIN
NZDUSD Long: Wyckoff Accumulation Daily NZDUSD is in a downtrend , creating LLs and LHs. Price recently reached a Daily IFC after breaking several structural points and showing a change in character, from strongly bearish to a more corrective structure with deeper pullbakcs. 4H On the 4H we can clearly see a Wyckoff accumulation schema 1#, where the spring rejected our refined 4H IFC and its 15M decisional POI. Then the price offered a break of structure creating a Higher high. Then price retested the spring and created a new Higher high. Now price has created a complex pullback to come and fill the gap left by the last 4H run and it's showcasing equal lows above an area of high liquidity. We have a high probability of seeing an FU candle to reject that area in the coming days. 1H On the 1H, We can see the structure is bearish but we shouldn’t be blinded, because of the Higher time frame distribution pattern. The purpose of 1H bearish is probably to clear liquidity below before heading higher. Hedging: As an hedge in case our hypothesis fails, we could wait for the BOs in the 15min chart in the direction of the overall Higher timeframe trend and enter short, aiming at least to our target area belowS
Long
by Murci
Institutionnals and the Wyckoff game - BTCUSDT ANALYSISAgain and again we can speak of Wyckoff on BTC like this past few weeks. Last pattern on 4 hour timeframe failed and didn't gave long swing opportunities. Unfortunetly, nothing to say for the moment on daily / 4 hour timeframe (we are always on the support area (gray area) and we wait for a signal or a breakout to identify new patterns), so I will do an update on lower timeframes to let you know where was/are opportunities and where the activity is centralized. So let's speak of the 1 hour timeframe, and .... taadddaammmm ! Well known structure now for you, the Wyckoff Accumulation Pattern (WAP) ! It could be legitimate from yourself to think I see WAP everywhere but it's specific to this asset and cryptocurrencies overall. Easily explainable by the high interest of retailers for this assets, their weak knowledge of markets and their high acuity to be emotionally influenced. Combined to leverage that just give a lot of opportunities to institutionnal to make money by manipulating this weakness of the cryptocurrency market. So this just appear normal to see WAP many times on this assets. Now let's talk about the graphics, the famous WAP, useless to speak again of the construction of this pattern so let's go to the conclusion : Institutionnals showed their intentions. We spoke a lot of the necessity of buying volumes on the 4 hour timeframe pattern, and we also waited them a lot, without finding them. Today we saw them, and we saw them where they had to be present, each support have been defend with strong movement, AND the pattern have been completed ! Yes the WAP is a reversal pattern and we are always in the range, so how could it be completed ?! Spring have been done, we goes straight to the resistance lines and SOS failed : THE END (I will comment with a picture on 5 min timeframe to see precisely spring, SOS and opportunities in this WAP). Now we are in a range and we can't speak again of the WAP. It was a day for daytraders and scalpers dynamize by institutionnals, no hazard if market woke up around the US session. If you are swingers wait your turn, we have short term signal, nothing strong to expect a daily bull trend today. So where are we going ? No crystal ball here, or we do a strong breakout of resistances lines with buying volume and imbalance in the area of resistances lines or we will go at least retest the support and, like always if we don't have buying volume, we will go lower, again. Why not retest the spring, why not the bottom of the support area (gray area). Perfection for institutionnal in term of exploitation of retailers should be a flush under $39,400, where should happen the next movement of panic and exhaust. If it's the case, it's imperative to close back in support area. Each one of this area will give opportunities to make money if we have buying volumes, but always on short term and timeframe. It's also why I don't project myself neither long neither short, we are on short timeframe so we aim for daytrade or scalp on this timeframe. PS : Apologize for my english, I do my best. Don't forget to like, follow or even comment if you like, it give me some strength to continue ! This idea will be probably update until I did a new idea.
by Kentg
2
Wyckoff Consolidation Pattern ES S&P 500 is developing a nice consolidation pattern that looking to evaluate it as an accumulation schematic. Price penetrated the lower trading channel on lower volume than the previous two trading days indicating exhaustion by sellers. Price ended in the lower resistance channel on Friday's close. Expect a short downward movement to open the next session followed by movement upwards. Elliot wave count (not published) to me indicates upward movement that will start either Wave B of a correction that ended at the high of the previous bullish impulse or Wave A of a correction that is starting at today's low.
CME_MINI:ES1!Long
by HedgehogLanding
BTC Bullish Idea.Hey guys, here is what I am looking out for from BTC over the next 30 days. This idea is based off the Wyckoff accumulation pattern. It's a classic retail shakeout tactic where institutional investors fill or their cheap BTC orders while we sell low and buy back high. BTC dominance is starting to trend higher so Alts will likely get wrecked over the next 30 days. Time to accumulate BTC for the long term. Not financial advice, do your own research. Its a very high risk and volatile period. More updates soon.
by UnknownUnicorn15302902
7
USDCHF trading idea, is it accumulating?USDCHF trading idea, intraday trading with Wyckoff method Here's a Wyckoff accumulation schematic. We'll wait to see price re-test Last point of Support. If price reject this level, we can try entrer long positions. And we'll only enter when there is enough confirmation in small timeframe. If you find the article useful or interesting, Let's comment below ! ------------------------------------------ Notes on using this gold trading idea This is ONLYGOLD team's idea and analysis. Let's see it as an example or a reference. You also need your own analysis as well and manage risks.
by UnknownUnicorn33462838
ACCUMULATION PHASE! | WYCKOFFIANSIf you've been following my charts a bit, then you know I've been expecting that drop for a long time. If we continue to follow the Wyckoffian logic scheme then it is quite possible that the accumulation phase is at 29k. But today I looked at the charts again, and I noticed that the moves we're making now are very similar to the accumulation phase we saw in May/June/July 2021. I thought I'd make an idea. So it could very well be that the 39k range is the new 29k. And that that is the bottom before we hit new highs. We will see! Do let me know what you think about it! Seeya
B
by FibonacciTheGreat
3
What are we waiting for ? - BTCUSDT ANALYSIS - H1We are in the area targeted in the past analysis, we have a nice reaction on the spot, we have strong volumes, augmentation of the volatility, the stop hunt have been effectued, the spring is going on. So what are we waiting for ? The structure of the pattern is clear : we have exhaust selling volumes, buying pressure on the spot, confluence of levels. So we wait for buying volumes ! Like the past few days, on each support, I said to wait for buying volumes, if we don't find it we will go back lower to try to find some. Unlike the past support I think we will find some in this area, because of the pattern, because of the goal of the stop hunt and the spring. We eliminated retails and made the place for institutionnals. It's time to see if there is conviction in it. If it's the case follow the trend, else, wait for other setups. Also, I did the past analysis in 4 hour timeframe, if I decided to explain this one on the 1 hour, it's because of the configuration of the spring. Typically the reversal pattern is a V-Turn /Short U-Turn and evoluate in a mix of panic and precipitation. We play with emotions of investors, it's move strongly and fast, so we have a better view of what's happening on a shorter timeframe. PS : Apologize for my english, I do my best. Don't forget to like, follow or comment if you like, it give me some strength to continue !
by Kentg
2