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Wyckoffdistribution

Gold trading idea today, low risk scalping with high RR, Dec 14Did you analysis Gold chart ? Here's a Gold trading idea today, Dec 14. I'm often analysis Gold based Wyckoff in forex trading, ReadTheMarket's price action approach and OTL strategy. Now, we had a distribution scheme in m15 time frame. And, you could see fake-outs on above chart. There're 3 reaction of price when it was tried comeback Supply zone. I'd like to see price make a movement to FTB area (First time back to Supply zone). Wait for confirmation to minimize risk. Do you like this gold trading idea? If you find the article useful and interesting, please leave a comment ! ------------------------------------------ Attention about this Gold analysis 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 . Happy Trading !
OANDA:XAUUSDShort
by UnknownUnicorn31399052
6
Ethereum : Learning Wyckoff Redistribution#ETH showing potential signs of Institutional Absorption here. By using Wyckoff Method of Analysis we can try and predict the direction of sideways movements by using identification characteristics on the Wyckoff Schematics. They are to be used as a general guide and paired with volume for a sound analysis of a probable direction. Read below for some intro education to Wyckoff. There is none to little information on Redistribution on the internet so I have created a small introduction below and on the chart. ------------------------------------------------------------------------------ First, a quick introduction, Who is Richard D Wyckoff? www.wyckoffanalytics.com "Richard Demille Wyckoff (1873–1934) was an early 20th-century pioneer in the technical approach to studying the stock market. At age 15, he took a job as a stock runner for a New York brokerage. While still in his 20s, he became the head of his own firm. He also founded and, for nearly two decades, wrote and edited “The Magazine of Wall Street,” which at one point, had more than 200,000 subscribers. Wyckoff was an avid student of the markets, as well as an active tape reader and trader. He observed the market activities and campaigns of the legendary stock operators of his time, including JP Morgan and Jesse Livermore. From his observations and interviews with those big-time traders, Wyckoff developed the Wyckoff Method that codified these traders’ best practices into laws, principles and techniques of trading methodology, money management and mental discipline." ------------------------------------------------------------------------------ What is the Wyckoff Method? The Wyckoff Method is a methodology and set of principles which helps anticipate potential future directional moves of the market, by using these principles the Wyckoff Method can help a trader time when to be in the market and when to sit it out. It also allows us to see which financial assets are weaker/stronger by a comparative analysis of different assets in the same sideways trading ranges. By studying volume we can also gain potential insights of what the "Composite Man" is up to behind the scenes of the market. "…all the fluctuations in the market and in all the various stocks should be studied as if they were the result of one man’s operations. Let us call him the Composite Man, who, in theory, sits behind the scenes and manipulates the stocks to your disadvantage if you do not understand the game as he plays it; and to your great profit if you do understand it." (The Richard D. Wyckoff Course in Stock Market Science and Technique, section 9, p. 1-2) ------------------------------------------------------------------------------ What are the 4 types of Trading Range structures? Accumulation - Green Heavy buying phase before uptrend begins Reaccumulation - Blue Rebuying to continue the uptrend Distribution - Red All buying is absorbed by larger interests, end of uptrend Redistribution - Orange Further demand is absorbed by institutional interests, continuation of downtrend ------------------------------------------------------------------------------ Identifying Redistribution: There is hardly any information on the internet regarding Redistribution, and the general consensus amongst traders is that redistribution is the hardest to spot out of the different types of market structures. Institutional interests are usually waiting on both sides of these stops, taking profits at the bottom of the range and quickly shutting down any breakout attempts above the range. The key characteristics of Redistribution: From my experience, Redistribution ranges are the most volatile out of all Trading Ranges, and swing wildly stopping out traders in both directions. The SoW Sign Of Weakness is shown early in the range and potentially towards the middle and end this is a high volume signature move down. There should be a creation and a defined Resistance area above which you can see price consectutively fall underneath struggling to get above, this eventually leads to the final downward breakdown which is confirmed by the LPSY (Last Point of Supply) falling underneath support. There are MANY different Wyckoff Schematics, that work in different ways, this particular schematic I have created an example of represents closely #Bitcoins top earlier in the year for comparison. Check below. BTC Top: BTC Redistribution (This is the LPSY of above image as it fell under) -Distribution can appear inside a Redistribution TR (Trading Range) as Accumulation can appear inside of a Reaccumulation TR -Richard D Wyckoff ------------------------------------------------------------------------------ So using the above ideas, if ETH fails to get back above the $4000 region soon it could be in trouble here at least in the short term, if we get a strong volume bounce above $4500 I will consider myself fully wrong for now. I hope you enjoyed the analysis, feel free to share your thoughts and critiques in the comments and thank you for reading.
COINBASE:ETHUSDShort
by Worth_The_Ri5k
BTCUSDT - Wyckoff Distribution is in action10 Years of Uptrend is about to End Please Don't Roast me, I know BTC is everyone favourite but maybe 10 years of long trend is about to end.... To me it looks like We are in Phase D of Wyckoff Distribution Phase. The Bear everyone is waiting in future might be just roaming around since last year. P.S. I am not a trader, this is not a Financial Advice, I am new to the market and learning different concept and to apply them for my personal learning and educational purpose. Please share your thoughts and ideas for improving my knowledge. Final Thought, I might be a wrong because BTC maximalist are crazy and this bubble might go and go and go.. Who Knows. I also wanted it to go on... :) Thanks.
Short
by CryptoCaffiene
7
BTC Likely In 2nd Wyckoff Redistribution Phase It is still a bit too early to say, but i just want to think ahead of a crowd. If we hold 55.4k we could be heading into a 2nd wyckoff redistribution phase from where we eventually break down into a bear market. Like last time It is a chance that many will predict breakup into new highs, which in reality we will probably not see for many years to come. Don't get me wrong, i love and respect btc, but i just don't believe there is much left in it and want to think the opposite of what majority expect. I explained why i think 75k to be the top in more detail in previous ideas. We likely won't see prices above 100k for the next 5-10 years. Be well. I am not a financial advisor so non of this is a financial advise. BINANCE:BTCUSDT
by AVA37
Wyckoff theory and Volume tradingHere is a breakdown on LTC because some have complained about my call to short LTC. I have not changed my bias. I want to give an example of the phases as I see it now and what I am looking for before I go LONG. This will be interesting for breakout traders since they usually don't realize that the break and retest trade is contained within phase C and may or may not contain a spring. But when it does it is a type 1 schematic and we see it pinpointed with a volume pattern we call the stop hunt pattern. Currently we are in Phase B.
Education
by FLASHGORDON10
1
US30, wait for Distribution in LTF Wait for confirmation ------------------------------------------ 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 !
FX:US30
by UnknownUnicorn31399052
Will Gold test 1764 level? Gold analysis with Wyckoff methodAre you trading gold? In Europa session, we had small distribution range on the top. Now, i'm waiting to see the price going downward. There's a Quasimodo setup for long positions. So, we alway need confirmations to make an order. Will Gold test 1764 level? What do you think ? ------------------------------------------ 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 !
OANDA:XAUUSD
by UnknownUnicorn31399052
2
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
Bitcoin Wyckoff December 2021 Prediction Sunday 11/28 (Bitcoin currently $54,270) This analysis was inspired by the video "BITCOIN MEET WYCKOFF - URGENT VIDEO" by Market Makers. In his video he explained how Bitcoin could reach $42.9k. Please watch the video first for more context. At first I couldn't believe that could happen but after doing some analysis on my own I realized that he could be right. Below is my prediction of where the Bitcoin price could go within the next month or so. Prediction: The Distribution from early February - mid May had Bitcoin test the .5 fib level ($46,775) before going slightly above the .786 fib level ($57,000). After that it dumped to the 0 fib level ($28,868). I could see Bitcoin doing something very similar. This is my prediction; Bitcoin could retest the .382 level ($52,853) then pump to just above the .786 fib level ($63,408). From there it'll drop to the 0 fib level ($42,893). Analysis: $42,893 is the price target out of the ascending channel and $42,893 makes sense as the bottom when I tried to draw the fib retracement.
Short
by NeutronMan
1
Bitcoin test demand zone 52k ? BTC Wyckoff distribution analysisHello there, This is BTC analysis by Wyckoff method After testing the trade range in LTF, BTC maybe in a distributed structure. It could test demand zone around 52k. This will be confirmed when we have SOW. Here, there is a selling opportunity with the Quasimodo structure. A short-term trade with low risk. Z Concepts is a free blog sharing how to use Wyckoff theory, supply and demand , Price Action and some other modern technical analysis methods. Follow to update more effective gold trading cases! ------------------------------------------ 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. If you find the article useful and interesting, please leave a comment !
Short
by UnknownUnicorn31399052
4
GOLD WYCKOFF THEORYGold Price Forecast: XAU/USD hangs near multi-week low, bears flirt with $1,800 mark Gold struggled to preserve its modest intraday recovery gains from a near three-week low. Hawkish Fed expectations, elevated US bond yields, stronger USD contributed to cap gains. COVID-19 jitters could lend support to the safe-haven metal and help limit the downside. Gold gained some positive traction during the first half of the trading action on Tuesday, albeit struggled to capitalize on the move. The XAU/USD has now surrendered a major part of its intraday gains and was last seen trading just above the $1,800 mark, around the lowest level in nearly three weeks touched in the previous day. The recent US dollar rally got a strong boost on Monday after US President nominated Jerome Powell to serve as the Fed chairman for a second term. The fact that investors considered the other leading candidate, Lael Brainard, to be the more dovish of the two, the announcement reinforced bets for higher US interest rates. This, in turn, pushed the USD Index to a 16-month peak and prompted aggressive selling around the dollar-denominated gold.
OANDA:XAUUSDShort
by keepupwithki
2
Will Gold downward to 177x ? Unique gold idea with QML setup This post is analyzed according to the Quasimodo structure. Gold was be distributed from top trade range. XAUUSD is most likely bearish at the 4h timeframe. There is a Quasimodo (QML abbreviated) structure if the price returns to 177x level. Waiting for confirmation structure on lower time frame (LTF). The QML is Quasimodo level. This is an strong reversal structure. ------------------------------------------ ATTENTION: We are not trying to predict price, but just react to price action with specific trading plans. This is my personal idea and analysis, please just take it as an example. You need judgment and a trading plan to manage your risks when trading Forex.
OANDA:XAUUSD
by UnknownUnicorn31399052
Can we short USDJPY? Wyckoff analysis indepth, RR 12:1This post is analyzed according to the Wyckoff method and find the entry point according to the Quasimodo . structure USDJPY is most likely distributing at the 4h frame. There is a Quasimodo (QML abbreviated) structure after the price returns to the Trade Range. Wait to sell at LPSY when there is confirmation structure on small time frame ( LTF ). Reward - Risk Ratio, 12:1 The QML is the area from the left shoulder to the top of the Quasimodo setup. ------------------------------------------ ATTENTION: We are not trying to predict price, but just react to price action with specific trading plans. This is my personal idea and analysis, please just take it as an example. You need judgment and a trading plan to manage your risks when trading Forex.
Short
by UnknownUnicorn31399052
6