Fractal ideaAlmost identical fractal playing out. Wouldn't surprise me if we just copy paste this Wyckoff distribution scheme. Possible short entry around 0.66, this level is still highly respected.
Wyckoffdistribution
USD 1 hr Wyckoff distribution!Hello my beauties.
I think that the USD might be distributing, on a 1hr chart we are looking at a LPSY, the moment before a Markdown (impulsive move towards the downside).
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Peace.
Luca, TrickleDownFX
GBPAUD BearishHave found the institutional candle on the schematic (Re-Distribution) from the 28th August that shows some price action that needs some mitigation. Found the 57 minute candle which was the most volumest before the big sell off breaking order flow causing another Re-Distribution. Another confirmation is that this specific candle was printed during the opening of NY which shows significant orders and good reason to come back too. Sell limit is off the 80% off the 57m and stop loss is at the extreme high of the candle. 7.4 pips risking and planning on running this down towards the extreme low which is a potential 404 pips and a 50:1 R&R. Have set an alarm at 1.89126 to give me a heads up and plan my move accordingly. Might wait for another small time frame schematic to play out to give me that extra confirmation. Hopefully this hits by NY session then melts lol. Good luck and happy trading fam!
(Update 1) Where will BTC end up? | Market outlookInitially, the rate of the first cryptocurrency was supported by news from El Salvador, where on September 7, the law on the legalization of BTC as a means of payment came into force. Now the country's enterprises are obliged to accept digital assets on a par with USD in the implementation of any transactions, which will help the population significantly save on commissions. BTC conversion is not subject to capital gains tax. Also, citizens who install a special mobile application on their smartphones will receive about $30 in BTC to their digital wallets. The head of IOHK, Charles Hoskinson, believes that the example of El Salvador can be a good starting point for the legalization of "digital gold" in other countries as part of national monetary policy or regular payments. The promotion, in his opinion, will be facilitated by the younger generation, which is actively introducing and applying innovations, including in the field of finance. Galaxy Digital founder Mike Novogratz said the price swings in the market this week were triggered by traders who are sensitive to the volatility of digital assets. He compared cryptocurrencies to the Internet "in terms of value transfer," noting that a new type of investment will soon become dominant among traders. The large payment giants also share this point of view. Thus, MasterCard Inc. announced the purchase of the Cipher Trace crypto service before the end of this year. The service, which currently tracks suspicious activity on the blockchain of more than 900 coins, will help clients work more safely with instruments and increase their volume in their portfolios.
The pressure on the industry continues to be exerted by the policies of the supervisory authorities. Thus, the UK Financial Conduct Authority (FCA) head, Charles Randall, said that crypto assets used in speculative investments carry significant risks for society. According to the official, tokens must undergo mandatory registration with the FCA. Governments must step up efforts to suppress the use of cryptocurrencies for criminal purposes, determine the possibilities for consumers to participate in certain speculative activities, and think over support measures for innovations in the financial sector.
Also, the confrontation between the US Securities and Exchange Commission (SEC) and the American crypto platform Coin base continues. The regulator intends to initiate a new lawsuit in the launch of the Lend lending service. The department classified the loans used in the framework of this project as unregistered securities, but the department refused to provide additional explanations. At the moment, the SEC has asked the crypto exchange for additional information about the project, as well as testimony from specialists.
Potential Wyckoff Distribution Setting Up On Snap Snap is potentially on its final phase of distribution. Wait for a decisive brake below the Buyers climax (BC) resistance and previous low for higher accuracy. Lets see how it plays out.
Gold Wyckoff Distribution Range! Big Hands Liquidate!Hello my beautiful traders.
I couldn't dive into the Wyckoff method as that'd take a long time, I tried to give you as much information as possible about the reasons that led me to take the trade. Check out what that is about yourself on Google.
Doubt what I say and do your research. If anyone has an opposite bias let's discuss it!
I hope that this video provided you with educational content .
If it helped you like it, share it, drop a comment below if you have any questions and I'll be happy to answer.
Thank you for watching.
Peace.
TrickleDownFX
GBPUSD BEARISHMarket tapped into my sell limit perfectly. Risking 6.6 pips in order to make 159 which is the extreme low of the structure. Lets go boys!
Bearish GBPCHFMarked up a Wyckoff distribution that was created during the 10/08/21-13/08/21. This holds significance due to breaking the recent low structure from 21/07/21 which was a swing low of the bearish orderflow. Market is showing bearish orderflow all the way from the April distribution and hasn't been showing bullishness since. Daily timeframe also showing bearishness therefor my bias will be on shorting. Market has been showing bullish orderflow on the intraday 1hr-4hr time frame, but I think its working its way up to mitigate orders out of this schematic. This LPSY that initially created the price to exit the trading range of the distribution was created during NY session which shows me importance of this area. Found the most volumest up before the down candle on the 22 minute timeframe so I've measured 50-80% of this candle as shown by the blue horizontal rays. This is is where I will be looking to sell and have set alarms for warning. Will want to see a schematic play out otherwise will have limit set and the 80% and SL above the extreme of candle. Risking 8.7 pips to run it down 313 pips to the extreme low of the leg.
Bearish GBPCHFRisking 8.8 pips for 318 pips which is at the swing low of this bullish order flow. Playing this trade off a distribution that caused a break of order flow which is going bearish. Found my most volumest bullish before the bearish candle which appears on the 22 minute timeframe which signals the most action. It also takes place within the NY session. Let's be patient fam and this trade is going to be one for the books. Thank me later!
XAU/USD Gold Wyckoff Distribution!Gold has been in this sideways range for over a year.
What was considered to be a breakout that allowed it to touch the 1920 area, was indeed an Upthrust After Distribution, in my opinion.
Two more followed, and I'm already shorting and in profit, since about 1900.
See the chart for reference.
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Thank you!
TrickleDown FX
Gold distributionHaving targeted previous highs, gold managed to scoop up the buy side liquidity.
Yesterday gold formed the Major sign of weakness adding more confluence to its need to go down.
With that said a retracement to the upside to mitigate long orders should provide us with a nice re-entry for the ride down
Without a doubt price could go below the double bottoms but we target the candle that shook out buyers for our TP
Bitcoin – Another Wycoff Redistribution?Looking at the structure of the current chart, the pronounced price divergence and convincing rejection at $51k, and it looks as though there could be another Wyckoff redistribution in process and a brief correction towards $43k might be likely.
What do you think? Will it drop to $43k before lift-off?
possible UTAD currently careful within these trading areas bitcoins running horizontal, retesting the 50k-51k area. possible 52k max within UTAD after a SOW and complete downswing. not seeing the same bullish growth and possible distribution incoming
:)(: The most unpredictable scenario by Wyckoff.Bitcoin Wyckoff Distribution.
PSY — preliminary supply, where large interests begin to unload shares in quantity after a pronounced up-move. Volume expands and price spread widens, signaling that a change in trend may be approaching.
BC — buying climax, during which there are often marked increases in volume and price spread. The force of buying reaches a climax, with heavy or urgent buying by the public being filled by professional interests at prices near a top. A BC often coincides with a great earnings report or other good news, since the large operators require huge demand from the public to sell their shares without depressing the stock price.
AR — automatic reaction. With intense buying substantially diminished after the BC and heavy supply continuing, an AR takes place. The low of this selloff helps define the lower boundary of the distribution TR.
ST — secondary test, in which price revisits the area of the BC to test the demand/supply balance at these price levels. For a top to be confirmed, supply must outweigh demand; volume and spread should thus decrease as price approaches the resistance area of the BC. An ST may take the form of an up-thrust (UT), in which price moves above the resistance represented by the BC and possibly other STs before quickly reversing to close below resistance. After a UT, price often tests the lower boundary of the TR.
SOW — sign of weakness, observable as a down-move to (or slightly past) the lower boundary of the TR, usually occurring on increased spread and volume. The AR and the initial SOW(s) indicate a change of character in the price action of the stock: supply is now dominant.
LPSY — last point of supply. After testing support on a SOW, a feeble rally on narrow spread shows that the market is having considerable difficulty advancing. This inability to rally may be due to weak demand, substantial supply or both. LPSYs represent exhaustion of demand and the last waves of large operators’ distribution before markdown begins in earnest.
UTAD — up-thrust after distribution. A UTAD is the distributional counterpart to the spring and terminal shakeout in the accumulation TR. It occurs in the latter stages of the TR and provides a definitive test of new demand after a breakout above TR resistance.
:)(:
BITCOIN WYCKOFF DISTRIBUTION + H&SPossible BTC Wyckoff distribution + head & shoulder patterns in making.
Lets see if this plays out and age well or not :)
Not financial advice, just speculating.
XRP WYCKOFF FASE 3 DISTRIBUTION - JUST EDUCATIONALHe estado trabajando con Wyckoff. No soy experto, tampoco soy predictor de tendencia, sólo espero recomendaciones del análisis.
SOL | Let's see if SOL going to dumpThis is a upthrust with volume shinking.
But SOL is heavily controlled by CM, not so sure it follow the rule.
Wyckoff Rune Futures (first post)
This is a 15 minute graph showing an illustration of a Wyckoff event occurring on the one minute time scale, the overall percentage drop from top to bottom was roughly 5%.
overall Rune usually moves similar to bitcoins trend on lower time scales but with higher volatility in price ranges, usually between 0.1 - 0.5% per minute.
I think the Cryptocurrency has potential, although it hasn't gained as much attraction as LUNA, C98. Its still in early times of some large moves due to 27% of Rune locked into Thorchains liquidity protocol.
Personally I have no analysis or real impressions over where i believe Rune could go from here, I just found the pattern to be very interesting. Hope you enjoy!
the time signatures are listed if you would like to plot the event yourself as I cant show the one minute time scale on the Ideas bored but interested to see if other coins have experienced the same event!
NZDUSD - Technical & Fundamental OutlookPowell’s comments fueled a knee-jerk reaction in the AUD/USD and NZD/USD, which means the rallies should be short-lived. Traders had to react because U.S. Treasury yields fell after the Fed Chairman’s speech.
Given next Friday’s U.S. Non-Farm Payrolls report, the U.S. Consumer Inflation the week after and the September 21-22 Federal Reserve policy meeting, the rally could come to an end if any of these events steer the Fed into an early tapering.
Over the short-run, we’re looking for the Aussie and Kiwi to basically track the movement in Treasury yields. A further weakening of U.S. Treasury yields will underpin the AUD/USD and NZD/USD.
Trade setup will be updated in my premium signal channel
ETH distribution 4HA small comparison between BTC top at 64k on daily and ETH now on the 4H
4H looks like a classic Wyckoff distribution pattern.
Support at ~2800 and ~2400.
Most likely it will make a bounce and then make a lower high and then dumping to 2400$. At least that is what the fractal suggests.
EURUSD Bearish.Placed sell entry on an unmitigated order block from a Wyckoff distribution schematic. Found the candle I wanted to work off and measured 50%-80% of most bodied bull candle before the big sell off candle, hence the blue horizontal rays. Stop loss on the 80% and entry point on the 50%. Market tapped entry perfectly while risking 3.2 pips for a 42:1 ratio run down to the swing low.
Potential BTC Distribution ZoneThe following VAs listed in the chart (left to right):
1. VA of current calendar year
2. VA of Wyckoff Distribution Top
3. VA of potential accumulation zone
4. VA of current and potential distribution zone
BTC is following a similar (granted smaller and faster) top pattern to the 2020 bull run and subsequent Wyckoff Distribution between 42K and 60K.
Buyers were unable to provide a liquidity shake significantly below 30K; the demand for 30K LP was larger than expected. Market makers accumulated a decreasing supply in the bottom of 3rd VA. The POC for the 3rd VA is almost identical to the POC for the current calendar year and confidence was built for a short-term intermediate move with short liquidations providing more potential upside.
I still have concern without seeing any relatively significant selling volume within the 4th VA, but would expect to see this in the upcoming days with a move down to 40-42K. I believe seller's ultimately will be unable to stay in control above 50K and the market will see impressive supply from underwater positions. In the long term, this will provide a key order block in a future more impressive buyer demanding market environment. Currently, the landscape while technically bullish does not appear to have any support from institutional buyers; with GBTC still being sold at a discount and whale wallets not clearly building position on-chain. My assumption is market makers will try to move the market price of BTC into a more value friendly zone between 18-25K.
In an effort to keep myself accountable and level headed, I believe this pattern is invalidated with any break above 50K and either explosive volume with high spread or consolidation above the current (4th) value area- in the 2nd VA.
