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Wyckoffaccumulation

🔄 BCH: Fractals of Accumulation, Manipulation and DistributionIn the intricate dance of market dynamics, Bitcoin Cash (BCH) appears to be orchestrating a familiar tune, following the classic pattern of accumulation, manipulation, and distribution. Understanding this cyclical behavior may provide valuable insights for traders navigating the BCH landscape. Chart Analysis: Unraveling the Pattern Accumulation Phase: BCH has entered a phase of accumulation, characterized by sideways movement and the formation of a trading range between $177 and $270. Accumulation suggests the gathering of positions by savvy investors, preparing for a potential upward move. Manipulation Dynamics: Historical patterns indicate that BCH often experiences manipulation after accumulating within a range. Traders should be alert to sudden and unexpected price swings as manipulation unfolds. Distribution Anticipation: Following the manipulation phase, BCH typically enters a distribution phase, where accumulated positions are released. This distribution could lead to a swift decline, potentially revisiting lower support levels. Projected Scenario: A Cautious Path Forward Range Trading: $177 to $270: Traders may anticipate range-bound movements within the $177 to $270 zone as accumulation continues. Establishing strategic positions within this range might be a prudent approach. Manipulation Swings: Be prepared for sudden and sharp price swings, indicating manipulation in progress. Active risk management is crucial during these volatile periods. Downside Potential: $160 Target: In the event of manipulation leading to distribution, a potential downside target is around $160. This level represents a historical support zone that could attract buying interest. Upside Momentum: $370 Objective: Upon completion of the distribution phase, a swift reversal and surge towards $370 may unfold. This upward momentum could signal the start of a new bullish cycle. Strategic Approach: Navigating the BCH Landscape Range Trading Tactics: Traders can capitalize on the range-bound nature of BCH by strategically entering and exiting positions within the $177 to $270 range. Risk Mitigation During Manipulation: In anticipation of manipulation, active risk management, including the use of stop-loss orders, is crucial to safeguarding capital. Long-Term Perspective: Long-term investors may view the accumulation phase as an opportunity to accumulate BCH at favorable prices, anticipating the potential for a significant upward move. Conclusion: BCH's Symphonic Movement As Bitcoin Cash (BCH) dances through its accumulation, manipulation, and distribution phases, traders and investors alike have the opportunity to decipher the symphony of market dynamics. By understanding and strategically responding to these phases, participants can navigate the BCH landscape with greater confidence. 🔄 Accumulation in Progress | 📉 Anticipating Manipulation | 🔄 Distribution Patterns ❗See related ideas below❗ Share your perspectives on Bitcoin Cash's market movements, contributing to a collaborative analysis that enhances the collective understanding of this digital asset. 💚🚀💚
Long
by Yaroslav_Krasko
December 1 2023 - GBPUSD Buy Trade ActivatedHi guys! I have here a simple trade this week, checking the daily TF of pound dollar, i noticed a supply above (nov. 29 2023) -Nov. 30 move. After checking the bullish move on daily---> 4h---> 3h-->2h--> 1h. I checked for possible demand zone and set a pending order in my mt5 raw account. Nov 30 2023--> it reacted to my POI (point of interest) . so i wait until my pending order was activated . Indeed it really touched the price im aiming for and then i look for validity and proof of the zone. wyckoff accumulation on 5 min and 15 min tf. (please check chart for reference. RR: 1:8 1% of capital aiming for 8 % on this trade. Another great trade and wisdom from GOD. :) Patience is always the key.
Long
by glyrad
1
ZEC USD - Wyckoff Accumulation Phases This analysis is for my own education, I am trying to learn the wyckoff method so please correct me if I am wrong. Phase A: We can clearly see the stopping of the previous down trend and the dominany supply. Preliminary support (PS) is very short lived and followed by continuation of selling climax (SC). We can see the Automatic Rally (AR) right after the SC. There is a secondary test which is successful but not quiet close to SC support, so there is less selling. Phase B: Price swings are wide and high volume throughout Phase B, which takes around 4 years. At times showing Signs of Strength (SOS) within the trade ranges (TRs). Phase C: I believe we are now in Phase C, with a strong pullback after some SOS. Price moves below Phase B trade ranges. Volume has been fairly low. We could call this area LPS - last point of support. I identify this zone to be a bear trap. This can mark the beginning of a new uptrend soon. The current crypto market conditions also support this analysis. If we see a sign of strength again soon, it could validate it. Phase D: If this analysis is correct, we should see a dominance of demand over supply for Phase D to activate. Expect a price movement towards the top of the trade range. Indicators: TLL RSI - heavily oversold Money flow - shows sign of reversal but still not validated, we need to go above 0. Volume: Low
BITFINEX:ZECUSDLong
by TheAlchemist888
11
EURUSD Longs - A grade setup blueprintThis time we are diving into an A grade setup that was presented to us on the 08/11/2023. After anticipating a bullish move from this exact zone marked out last Sunday's post. I will be breaking down what I would look for once price taps into our higher time frame POI (16hr demand zone on EU). At first I noticed that as price was slowing down momentum, wyckoff accumulation started to become more evident. During the process of liquidating previous buyers, it changed character on the 10min which left a 5min OB that was unmitigated. From then, my SPRING was confirmed as well as my entry price. In addition to this, the order block was also in line with the 0.78 mark on the fib range and it was at a very discounted area hence why price was volatile as soon as it got tapped in. As I also realised that price had filled the imbalance left from last Fridays NFP event, I knew price would want to continue in the trend it had set, which was a bullish order flow that consisted of higher highs and higher lows. Lastly I would set my take profit target to be in areas of liquidity that price would attract to, and in this case it was the amount of untouched Asia highs that was left from previous days. However, I also realised that for price to move back down, it would need to mitigate a supply which was also left above the points of liquidity. P.S. The mini equal lows that was swept was just extra confluence that price would react off my 5min OB that caused the CHOCH to happen, and because price had perpetual liquidity sweeps, I knew that there was minimal reversal magnets that could try interfere with our trade. Ultimately, this was why we was able to catch a 1:12 RR with basically ZERO DRAWDOWN...
Long
by Hassan_fx
3
UsdJpy Possible ShortThis is a mixture of Wyckoff and ICT ,so bare with me. We are at the end of the phase cycle. We would technically be in PHASE E, which would be where the market trades outside the TR ( trading range) . Now the market is consolidating as a retest to the top of the TR. It will either hold it or retrace back to 50% of the TR which would also be at an Discounted Area (green zones). We currently in premium aka the red boxes. Liquidity BSL is also resting above from last Thurs and this Wed. Would love to see price grab that while going to EXTREME premium, before shooting down to push PRICE HIGHER... just waiting to see. I got more Lower timeframe ICT based markups if yall mess with this one.
Short
by ConsciousFXtheDayTrader
Understanding Bitcoin Price MovementUnderstanding Bitcoin Price Movement through Wyckoff's Theory Richard Wyckoff, a legendary figure in the world of trading, left us with invaluable insights into price action and market behavior. His principles, outlined in "Charting the Stock Market," lay the foundation for understanding how markets move. Let's delve into two pivotal rules from Wyckoff's playbook: Rule 1: The Market's Unique Behavior Wyckoff's first rule reminds us that the market is a dynamic entity. It never repeats the same price action exactly as in the past. Each moment in the market is distinct, shaped by a multitude of factors. Recognizing this uniqueness is essential. Rule 2: Comparative Analysis The second rule dovetails with the first. It emphasizes that the true analytical value lies in comparing current price action with historical behavior. By drawing parallels and contrasts, we can extract meaningful insights into market trends. These two rules serve as the cornerstone for comprehending the Wyckoff Market Cycle theory, which remains influential in modern trading practices. Wyckoff Market Cycle Theory Wyckoff introduced a groundbreaking theory based on price action, defining four distinct stages within a price cycle: 1. Accumulation Phase In this initial stage, institutional demand rises, and bulls begin to assert control. However, price action remains relatively flat, resembling a range-bound structure. Identifying higher lows within this range signals the Accumulation phase, hinting at an impending bullish move. 2. Markup Phase The second stage, Markup, sees bulls gaining enough momentum to breach the upper boundary of the range. This breakthrough signifies the emergence of a bullish trend. 3. Distribution Phase Distribution is the third stage, characterized by bears attempting to regain control. Much like the Accumulation phase, price action remains flat, but with a different twist. The sustained failure to establish higher bottoms hints at a looming selloff, depicted by lower tops. 4. Markdown Phase The final stage, Markdown, marks the onset of a downtrend following the Distribution phase. It signifies that bears have gained the upper hand, driving prices lower. Confirmation of the Markdown occurs when price action breaks below the lower boundary of the horizontal distribution channel on the chart. The beauty of Wyckoff's theory is its cyclical nature. After the Markdown phase, the entire process restarts with Accumulation, offering traders a framework to navigate the complexities of Bitcoin price movement. Understanding these principles allows us to discern patterns in Bitcoin's price action and make more informed trading decisions. By embracing the wisdom of Richard Wyckoff, we can navigate the ever-evolving landscape of cryptocurrency trading. 🫶 Thanks for Your attention, sincerely yours, Kateryna. Wishing You successful trades and unforgettable adventures in the world of cryptocurrencies and the financial market!
BINANCE:BTCUSD
by RocketBomb
7
BB: Is at the PCZ of a Bullish Gartley and a Bullish Deep CrabBlackBerry is attempting a spring-and-back-test-of-spring at the bottom of the range that it's been trading within since 2012, and the level happens to align with the PCZ of a huge Bullish Deep on the left, to which it has reacted once before, and on its way to testing the zone a second time and back testing the spring. It's also formed a smaller, more localized Bullish Deep Gartley with some hidden Bullish Divergence on the MACD. If it manages to get back above $5 and stay above $5 in the active session, we would then have room to see it pump all the way up to $24.89 really fast as that is the next major level above and near the 200-Month SMA, but if things really want to get serious, we could see BB complete a Full Measured move of this range which would take it all the way up to the 50% retrace up at around $45.39
NYSE:BBLong
by RizeSenpai
11
XAUUSD Outlook Sept 15 Short-Term Short - ACCUMULATION - RALLYOVERALL DAILY TREND: BULL BIAS in HTF From a Daily TF perspective, there seems to be a higher timeframe Wyckoff Accu 2 at play. There is a DTF Rally that is undergoing a pullback sequence and is already at the area of the Daily Fib 618-786 Expectation is that PA will reverse soon to the upside. DAILY CYCLE POTENTIAL OUTCOMES for today: D3 shorts/ False Break Reversal for a continuation down to tag 27 ext bear level before finally pulling back up for a long term rally. May do a 300 pip drop before reversal. Lower TF’s are still heavily bearish Monday and Tuesday + Yesterday have been down days Yesterday didn’t quite touch the 382 level so i am extending the Fib. Now, the 382 level is flush with the M15 HBMR and very near the PD’s High. We still have a 225 pip (75x3) of Fall & WE HAVE NOT REVERSED AT ALL We are in Prev LOW and has pinned 2 prev day’s lows. We got TRAPPED Traders for sure WE HAVE DONE AN INITIAL BALANCE BREAKOUT AND Hand now we ALSO HAVE AN OR BREAKOUT but we have not done any retesting. It’s been consolidating underneath the prev LOW in a 100 pip box range. I referenced last month, PA and it dropped 300 pips from Monday before starting the conso to reverse back up. May be the same case for Gold. 300 pips is in the 1900 level aligned with 786 which is the level it often reverses from based on historical data. SO. For today: it has moved down 25x3 levels Making LL’s and LH’s = formula for a Pump & Dump It could potentially pump / wick the following confluence which are very near to each other almost clumped together: 1) HBMR area 2) PDH 3) NY EOD C High 4) Current day’s High which is also Asia Session’s High 5) Intermediate structure 38.2 fib area 6) Prev LOW and 7) OR Low BEFORE DUMPING FURTHER DOWN. There are still a ton of Demand Areas with a ton of volume below to get liquidity from before rallying up. Quite we are bearish until 1900. If I'm wrong, then PA could just rally up already.
EIGHTCAP:XAUUSDLong
by RSC_FX
Gold Long term Wyckoff Re-Accumulation.Gold is currently inside a daily/4h bear channel correction to lower 1800 weekly/monthly demand levels. Overall trend for gold is still bullish on the weekly/monthly, so a buy in the 1800s is a very good opportunity, which would mean forming a Wyckoff Phase C LPS for a potential rally to 2000 by December or next year. Failing 1800s or holding 2000 level would mean gold is looking to correct much deeper for the range on the monthly, and potentially an area of 1550 would be a likely target to fill all orders from 1660.
PEPPERSTONE:XAUUSDLong
by Vysera
3
Wyckoff Reaccumulation: Bitcoin's Market Phases 📊🚀🔄 Unveiling the Stages: Reaccumulation encompasses distinct phases – from a markdown phase marked by price corrections, to a trading range phase characterized by consolidation. Each phase reveals the intricate maneuvers of institutional players. 🚀 The Climactic Transition: The culmination of this pattern lies in the breakout phase – a moment where Bitcoin's price experiences a surge. This juncture signifies the conclusion of the reaccumulation process, often ushering in a substantial upward trend. 📈 Insights for Strategic Navigation: Profoundly understanding Wyckoff Reaccumulation offers strategic advantages. It enables the anticipation of potential trends and the identification of opportune entry and exit points. 💡 For Discerning Traders: Wyckoff Reaccumulation transcends conventional pattern analysis; it is a comprehensive methodology that grants traders an enhanced comprehension of market cycles. It's akin to deciphering the intricate narrative of Bitcoin's evolution. In summary, the essence of Wyckoff Reaccumulation within the context of Bitcoin's trajectory is this: beneath the seemingly complex realm of price fluctuations lie decipherable patterns that serve as navigational beacons for informed trading decisions. Proficiency in this methodology empowers you to navigate the crypto landscape with heightened foresight.
by AlexWhale
Wyckoff Accumulation & DistributionThe Wyckoff Method, pioneered by Richard Wyckoff, a prominent figure in the early 1900s stock market, remains a powerful technical analysis-based trading approach. This article delves into the intricacies of the Wyckoff Accumulation and Distribution phases, fundamental to this method. Who was Richard Wyckoff? Richard Wyckoff, a highly successful American stock market investor of his time, stands as a pioneer in technical analysis. He transitioned from accumulating personal wealth to addressing what he perceived as market injustices, devising the Wyckoff Method to empower traders against market manipulation. Through various platforms like his own Magazine of Wall Street and Stock Market Technique, Wyckoff disseminated his insights. The Wyckoff Method: Wyckoff proposed that markets undergo distinct phases: Accumulation and Distribution. These phases guide traders on when to accumulate or distribute their positions, forming the core of the method. The Wyckoff Accumulation Phase: This phase materializes as a sideways, range-bound period subsequent to a prolonged downtrend. During this stage, significant players seek to establish positions without causing dramatic price drops. The accumulation phase comprises six integral components, each serving a vital role: Preliminary Support (PS): As signs of the downtrend ending emerge, high volume and wider spreads surface. Buyers initiate interest, suggesting the end of selling dominance. Selling Climax (SC): Characterized by intense selling pressure and panic selling, this phase represents a sharp price decline. Often, price closes well above the lowest point. Automatic Rally (AR): Late sellers experience a reversal, driven by short sellers covering positions. This phase sets the upper range limit for subsequent consolidation. Secondary Test (ST): Controlled retesting of lows with minimal volume increase indicates potential reversal. Spring: A deceptive move resembling a downtrend resumption, designed to deceive and shakeout participants. Last Point of Support, Back Up, and Sign of Strength (LPS, BU, SOS): Clear shifts in price action mark the transition into the range's start. A rapid, one-sided move signifies buyer control, often following the spring. Wyckoff Distribution Cycle: Following Accumulation, the Wyckoff Distribution phase unfolds. This cycle consists of five phases: Preliminary Supply (PSY): Dominant traders initiate selling after a notable price rise, leading to increased trading volume. Buying Climax (BC): Retail traders enter positions, driving further price increase. Dominant traders capitalize on premium prices to sell. Automatic Reaction (AR): The end of the BC phase brings a price drop due to decreased buying. High supply causes a decline to the AR level. Secondary Test (ST): Price retests the BC range, assessing supply and demand balance. Sign of Weakness, Last Point of Supply, Upthrust After Distribution (SOW, LPSY, UTAD): SOW signals price weakness, LPSY tests support, and UTAD might occur near cycle's end, pushing the upper boundary. Wyckoff Reaccumulation and Redistribution Cycles: Reaccumulation occurs during uptrends, as dominant traders accumulate shares during price pauses. Redistribution, during downtrends, begins with sharp price rallies as short sellers capitalize. Dominant traders strategically enter positions during these rallies. Wyckoff's Foundational Concepts: Law of Supply and Demand: Prices rise when demand is high and supply is low. Prices fall when supply is high and demand is low. Balanced supply and demand lead to stable prices. Law of Cause and Effect: Price changes are driven by specific underlying factors. Price rises result from accumulation phases, while drops arise from distribution phases. Law of Effort vs. Result: Trading volume should match price movement. Deviations signal potential shifts in market sentiment or upcoming opportunities. The Wyckoff Method is relevant to all markets, including cryptocurrencies like Bitcoin, where supply and demand play a crucial role in influencing price movements.
CRYPTOCAP:TOTALEducation
by Vestinda
1
Wyckoff Cycle - AMD Setup 📊🎢🔍 Phase 1: Accumulation 📈 Imagine a market that's been in a downtrend, beaten down and disheartened. This is the accumulation phase, where savvy investors slowly start scooping up assets at bargain prices. It's like finding hidden treasures amidst the rubble. Prices might move sideways or slightly up, creating a sense of stability. 🎭 Phase 2: Manipulation 🕵️‍♂️ As accumulation continues, the market sentiment shifts. The smart money players start flexing their muscles. Prices might experience sharp upward spikes, tricking the crowd into believing a new bullish trend has begun. This is the manipulation phase – a time when market manipulation is at its peak. The goal? To create FOMO (fear of missing out) and draw in unsuspecting traders. 📉 Phase 3: Distribution 📉 Just when everyone thinks the party is getting started, reality checks in. The market takes a nosedive, catching the latecomers off-guard. This is the distribution phase – where the smart money players start offloading their assets at inflated prices. The unsuspecting crowd buys in, only to face a sudden and often brutal downturn. 💡 The Cycle's Dance: Accumulation, manipulation, and distribution create a rhythm that repeats in the market. It's like a choreographed dance between the smart money and the crowd's emotions. Understanding this cycle can give traders a leg up in spotting potential trends. 📊 Mapping Opportunities: Traders keen on capitalizing on the Wyckoff cycle often look for signs of accumulation, observe price manipulation tactics, and stay cautious during distribution. It's all about knowing the dance steps and staying ahead of the game. So, what's the bottom line in the Wyckoff cycle? 🎢 It's a market ballet of accumulation, manipulation, and distribution – a sequence driven by the dynamics of smart money and crowd sentiment. By recognizing these phases, traders can potentially align their strategies for a smoother dance through the market's twists and turns. Stay curious, stay vigilant, and keep your eyes on the dance floor of trading opportunities! 🚀🕺 ❗See related ideas below❗ Follow + Like this post and leave a nice comment, it will allow me to move faster and make more useful content! 💚💚💚
INDEX:BTCUSDLong
by Yaroslav_Krasko
Virgin Galactic (SPCE) - Q2 Interest - Potential Accumulation 📊 Fundamental Analysis: Virgin Galactic has been gaining attention in the market due to a positive Q2 performance. The company's strong quarterly results have sparked interest among investors, potentially indicating positive growth prospects ahead. 📈 Technical Analysis: The chart above illustrates a potential Wyckoff accumulation phase for SPCE. The price action appears to be forming a classic Wyckoff pattern, suggesting a potential bullish reversal. We've seen a series of higher lows forming over time, indicating increasing buying interest. 🔄 Anticipating the Spring Phase: The final confirmation for the Wyckoff accumulation pattern often comes with the "Spring" phase, which involves a liquidity grab at the bottom. In this case, we're watching for a potential dip to the 0.272 Fibonacci level around $2.36. This could act as the liquidity grab, setting the stage for a potential bullish move. 📈 Bullish Confirmation: To confirm the bullish scenario, we're looking for a higher high (an outbreak) in the price action, potentially around the $8 to $10 range. This breakout would validate the accumulation phase and signal a potential trend reversal. 🔍 Key Levels to Watch: Support: 0.272 Fibonacci at $2.36 Breakout Confirmation: $8 to $10 range Let's discuss in the comments below! What are your thoughts on SPCE's potential accumulation phase and breakout scenario? Share your insights!
NYSE:SPCELong
by Soldi75
UNG Wyckoff Accumulation PatternUnited States Natural Gas Fund appears to be in the process of heading into the Back Up(BU) phase of a Wyckoff Accumulation pattern after levelling off in the $7 area after seeing a ~75% decline from the August '22 high near $35. There is also an ascending triangle pattern forming in phases C and D which tend to result in higher prices as UNG puts in a series of higher lows. What we want to see as a sign of strength going forward is for price to move above the upper blue line of the triangle pattern and follow the trajectory of the orange arrow which represents the anticipated path for price. I've been in UNG since 7/20 with a buy price of $7.36. Current stop-loss order is at $6.61. No upper price target for now, just watching and waiting to see if price can break above the short-term resistance level at the upper triangle line near $7.85.
AMEX:UNGLong
by PrepForProfit