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Wyckoffaccumulation

Gold Wyckoff AccumulationHello Traders We are nearing the end of a 3 weeks trading range on gold. Liquidity for demand was grabbed at the lower levels all this time and we might be on to another Lower Low and/or Spring action for an explosive rally to the upside. Possible TP would be 1825, and any long term TP could be the 1900s, but as always with gold, tread very carefully and dont over leverage before considering any long term investments. As always, stay safe with your trades and always wait for for range tests confirmations before making your entries. Goodluck !
OANDA:XAUUSDLong
by Vysera
EGLD: Accumulative Gradient of Rising BottomsA more positive idea, seeing the bullish divergence playing out. If EGLD is able to keep the recent low volume of sellers and make a relevant higher low... Quoting some parts of the original article where they suggest this Wyckoff schematic of Gradient of Rising Bottoms at the very end of it: "Richard D. Wyckoff and his Associates time and again pointed out the power of ascending bottoms in a base of accumulation or re-accumulation" "The composite man is willing to play the short side of the market as well during the trading range of accumulation so long as he can abstract a public following of sellers. But as the trading range proceeds, the new schematic reveals that fewer and fewer sellers remain to propel stocks downward in price. As a consequence, the downwaves become shorter and shorter in length (the bottoms rise) and the Composite Man as a result accumulates an increasing line of stock. Ultimately there is little left of sellers to coax to the downside and so the composite man reverses his attention and spurs prices upward and out of the trading range." "Wyckoff Schematics: Visual templates for market timing decisions" By Hank Pruden and Max von Lichtenstein.
ELong
by CryptoPummel
Going up to at least 55k. Convince me otherwise!BINANCE:BTCUSDT My analysis is based on the Wyckoff Method. Once I identified the current consolidation area as ACCUMULATION , I used a horizontal column count on Point and Figure (PnF) chart (box size = ATR) to calculate a projection of the up move that should result from Cause accumulated in this consolidation area. If you are familiar with Wyckoff schematics, the chart should be self-explanatory, so I'll just share my reasons for why I identified the current Trading Range (TR) as ACCUMULATION. The Stopping Action in Phase A is very obvious here - the Extremely High volume is a sign of the Composite Operator (OC) stepping up and buying BTC. This is high quality demand meeting panicky selling, which is reflected in the candles with the tiny spread and huge volume near Selling Climax (SC). Phase B begins after some more supply is absorbed at "ST". Now look at the volume throughout Phase B: 1) Volume shrinks on rallies. This is b/c most of the Supply has already been gobbled up by the OC in Phase A. Since OC is not selling, even the slightest increase in Demand is enough to drive the price up. 2) Volume expands on retracements. This is b/c OC is buying, trying to absorb every last drop of Supply. 3) Sell Volume is obviously decreasing from ST1 to ST2, also indicating that OC is absorbing Supply. ST3 has a bit more volume than ST2 - looks like UT2 has shaken some more Supply loose, which makes a Spring very likely. Phase C now begins with a Spring Type 2. Since the last ST3 showed that the market still has some Supply, OC removes bids at the Support line to let the price drift slightly lower, to see if that scares up even more Supply. In this case it does not! The Volume on Spring is lower than on ST3, which means that Supply is now thoroughly exhausted. OC pushes the price back into the TR with the next green candle with higher volume. After this a Test follows, showing even less Volume, which means that BTC is now ready for markup. Phase C is done. Further evidence of a markup is: 1) OBV shows net accumulation 2) ADL shows net accumulation 3) RSI bounced off of MA(39) for the 3rd time, while making Higher Highs 4) Wyckoff analysis on the Weekly time frame also shows ACCUMULATION in Phase B. This means that in the future BTC can still go down to the neighborhood of 30k before going back up, but that's really long term. So this is where I openned my Long position. From here I expect a JAC (Jump Across the Creek), which will be characterized by a candle with large spread and volume, then a bit of retracement to BU, and finally markup in Phase E. Wyckoff Method postulates that Cause is built up by volatility in Phases B, C and D. The more volatility is recorded in that region, the higher the price will go. My PnF Chart calculation indicates that BTC has generated enough "fuel" to go up by $9000. Measuring from the bottom of the TR, we get at least 55k. The purple dashed lines in my chart indicate the target region. What do you think?
Long
by vace117
7
EURJPY long positions update, Wyckoff method in Forex tradingAre you trading EURJPY pair ? This post was a Wyckoff analysis Price was created Equal Lows so it's better when we move SL to BE and take partials profit. ------------------------------------------ Attention: React to price action based on specific trading plans, rather than predictions. This is my personal idea and analysis, please just see it as an example for reference. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. This is a free blog sharing trading ideas. Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis . If you find the article useful and interesting, please leave a comment !
Long
by UnknownUnicorn31399052
BTC crash = Wyckoff AccumulationAccording to the Wyckoff Accumulation Schematic, a drop in price is manipulated by an institution that is building a position in an asset before the price increases. I think we just experiences a Wyckoff Distribution and now we are entering a Wyckoff Accumulation phase. A Wyckoff accumulation phase has different stages: 1. first we experience a dramatic drop in price (selling Climax, 2. followed by a jump or recovery in price (Automatic Rally). This is followed by again, 3. a decrease in price (Second Test). Next, 4. another rally takes place and price increases, then another 5. Second Test that can drop the price lower than Selling Climax, and a spring. 6. The spring is the lowest price level during this schematic, however, not every Wyckoff Accumulation has one. After this last dump, comes a recovery that is characterized by 7. A last test around the resistance levels and a 8. Sign of Strength, above the resistance level that signals the bear is over. The support level was set by the selling climax at 41k, so we can expect the second test and spring to be below this level. The resistance level was set by the Automatic Rally at 52k, so we can expect a pump around this level and the Sign of Strength above this price that would indicate the bear is over. The past Wyckoff Distribution that took place in May took 96 days to play out, this time it took 51 days, the time frame was almost cut in half. The past Wyckoff Accumulation took 72 days to play out before the price started to recover. If we follow the logic that this time the time frame will be cut in half, this will mean that it can take up to 36 days for the accumulation to take place (around January 5th). In addition, in the past Wyckoff Distribution and Accumulation Schematic, the distribution support level (at 48k) wasthe next sign of strength during the accumulation phase that followed. If this is accurate, this means that the next sign of strength for this accumulation period should be at 58k (this was the support level for the recent distribution). So, we can expect the proce to keep oscilating between 55k and 41k, however it can still go under since we are missing the Second Test/Spring event. With that being said I am still very bullish on BTC. So keep HODLing and don't panic sell! Remember, we are still in a bull run market!!
COINBASE:BTCUSD
by marianaleyvafuentes
2
AMC -- Threading The GatesHave you ever watched slalom skiers? The way they weave down the mountain and pass between gates? AMC has been doing something similar for 8 straight trading days. What you have here is the same chart we've been looking at from the Accumulation Within The Spring that I first shared on Dec. 2. Once it seemed we'd reached bottom, I went to my The Cycle, Redux chart and wondered what it would look like if I tried to sync the low on Dec. 3 with the low on Jan 5. So, I took bars patters from a handful of timeframes and pulled them into place on this chart. Then, I just watched. What emerged a few days ago was that the daily bars pattern, squished to mimic the quicker timing of the print currently, was most accurate. And, my "most accurate" I mean, so far -- eight days straight -- perfect. We've even hit 5 bullseyes in those 8 days, which seems statistically impossible. You are actually seeing two different bars patterns overlaid on one another to mimic the shape of a daily candle and wick. For the white candle, I used an HL pattern and for the yellow a OC pattern. Because the bulk of the past price action took place between candle open and close, I consider this "body of the candle" to be the bullseye, but in reality passing through the gate seems like an improbability after just a few trading days. I'll also note that this holds a fairly Wyckoffian pattern as this micro accumulation consolidates after SOS, before exiting into Phase E and pushing the price action back into the master trading range we've been in since June. This is something I'll continue keeping an eye on. All charts referenced are below. As always, feel free to click "Make Chart Mine" and enjoy tinkering with it for yourself.
NYSE:AMCLong
by squarerootof9
3
UPDATE: AMC Accumulation Within The SpringWhile things continue to track Wyckoff Reaccumulation behavior on the macro timeframe and Cycle 3's echo of Cycle 1 remains consistent (both charts below), I thought I'd update the micro view of AMC's accumulation within the spring. I've preferred this chart on the 10m view because the shorter timeframe signals MFI reactions a little more quickly, the 15m does offer a higher 200EMA, which we've broken as resistance and now seem poised to retest as support. I'd encourage you to click "Make Chart Mine" and look at this on the 10m timescale as well. With the sign of strength in the move this morning above the resistance zone, I think the 3a path is most likely. As you can see there's a bullish divergence in the MFI and volume with the rising price action. Combined with the RSI being oversold, this signaled the turnaround which took place at ~$34. Now I expect to see the price retrace to a spot between the 200EMA and the top of the resistance zone. Establishing the $31-and change area as support would (for me) confirm SOS and this micro accumulation entering Phase D. If, however, we break below the pink resistance zone and reenter the trading range, both the yellow and blue paths remain in play. I have pretty strong conviction that 3a is the more likely path, which would mean we are exiting Phase C on the reccumulation we've been in since June. Path 3b only delays that inevitable move up through the trading range by a few days.
NYSE:AMCLong
by squarerootof9
3
ICP Wyckoff Accumulation PlayICP/USDT 1D Chart ICP has been moving sideways since the July bottom trading in a range. Using Wyckoff I’ve analysed the chart on the daily candle chart and it looks to be an accumulation play over many months. Ive identified characteristics similar to stages of Wyckoff accumulation and marked it up. Using fractals from the previous price action, I’ve pieced together a generic approach of what price would typically do according to a Wyckoff accumulation model. The model is flexible as not all price action will repeat itself in the form of Wyckoff but variations creating the same setups occur throughout sideways price action. You could identify another 2 Wyckoff distributions in this chart alone so a degree of flexibility as price action develops is required. This new low we have put in from the crash has a big wick showing a lot of buyer presence and very high volume showing the entry of the composite man at the low of the range (good sign). This low to me is the ST as SOW but could also be the Spring, only time will tell and provide us with confirmations.
Long
by marshyyy
14
Bitcoin accumulation again? Uniqe BTC trading ideaWill Bitcoin in Wyckoff accumulation scheme ? This is a forecast, not a prediction or financial advice! ------------------------------------------ Attention: React to price action based on specific trading plans, rather than predictions. This is my personal idea and analysis, please just see it as an example for reference. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. This is a free blog sharing trading ideas. Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand, price action, and some other modern technical analysis. If you find the article useful and interesting, please leave a comment !
by UnknownUnicorn31399052
1
AMC -- Accumulation In The SpringJust something I noticed looking at the chart was how the cascade down on Tuesday and the price action that followed set up very much like a Wyckoff accumulation. Here are two potential paths for this small timeframe local accumulation: Yellow = what it could look like if the accumulation dips into a spring. I can see this being Composite Man's ultra cruel way to really making folks freak out before The Holidays. How low can he push it without screwing himself? Because that's how low I expect him to go. He's hunting for pennies, now. My guess would be the local accumulation spring dips into the $25 range. Enough to spook the last hodl-ers he can into selling. Blue = what we all hope after hearing Yellow is possible. Right? We hope that it comes back up to the top of local resistance (which happens to also be the bottom of the support zone from the Reaccumlation After Shakeout we've been in since June, that green dotted line) then consolidates to an LPS and begins to turn the corner. Timeline, here, is irrelevant. As I said, this is nested within a small phase in a larger accumulation. I don't expect it to take that long. I eyeballed it (on the main chart, link below) as we're moving up by Dec. 15. Some people I trust believe we may have already seen the Phase B sell test, so don't put faith in timing on this. I'm sharing simply to set an expectation on the kind of movement I'm expecting to see.
NYSE:AMCLong
by squarerootof9
3
The AMC squeeze is part of Composite Man's bigger narrativeAfter analyzing AMC from the beginning and in the news, I started to see patterns of news cycle driving a broader, retail-centric narrative. Here, I'm hypothesizing what the end-game might be for Composite Man, who has clearly spent years accumulating his position. When he begins to distribute, what would that look like? I'm not indicating timing or price levels (though I did base things off of past fib levels), but rather the shape of that hypothetical future move. It's quite natural for accumulation to lead to reaccumulation and, ultimately, to create a distribution period. That distribution becomes critical to the longer term growth of the stock -- just look at the Ford and McDonald's charts I've posted. This isn't a doomsday thesis, but I am looking for a change of pattern which would indicate a bigger pull back. However, the shorts must cover -- this stock isn't going the way of Toys-R-Us -- so, we have quite a bit of upside before we turn the corner and begin distribution.
NYSE:AMCLong
by squarerootof9
10