Wyckoffmethod
Wyckoff Logic Supply and DemandEURUSD
Technical analysis
Cause, re-distribution, equilibrium sequence between demand and supply between quotas , supply zone 1.07903 & 1.03509 demand zone .
Supply greater than Demand!
Implications, bearish!
Pattern Drop base Drop!
Effect generated by approx
260 pips.
SL 1.04734
Entry , sell! 1.02844
TP 1.00251
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.
Nasdaq 100 in Wyckoff Re-Distribution Trading RangeThe Nasdaq 100 index (NDX) price continues to be observed in a down trending Wyckoff re-distribution trading range. The NDX price broke the support of the previous trading range on Jan 18, 2022 and the downward price move was halted several days later with the selling climax (SC) event.
Here I offer two scenarios for the future NDX price: (1) a bullish scenario, and (2) a bearish scenario.
For the bullish scenario to play out, the NDX price needs to break the closing price on May 25 ($11,935), May 26 ($12,282), and May 27 ($12,665). Failure to do so would invalidate the bullish scenario.
For the bearish scenario, the price would need to reverse then break the trading range support ($11,334). If this were to occur, the NDX would likely find support at around $10,500. Failure to break the trading range support would invalidate the bearish scenario.
Given the strong positive correlation between the NDX and BTC, which can be viewed as a risk-on stock, Bitcoin HODLers will be watching these events play out with great interest. Happy trading!
Wyckoff abbreviations: automatic rally (ARa), selling climax (SC), secondary test (ST), upthrust (UT), failed upthrust (FUT), shakeout (SO), sign of weakness (SOW), upthrust after distribution (UTAD).
This is not financial advice. I am not your financial advisor. This is my opinion.
AUDJPY Dropping after reaccumulationSo I've been wondering how to differentiate between accumulation and redistribution. Today I realized that it's possibly just a matter of watching what happens after the sellers climax / Spring:
If after the SC we directly get aggressive AR (breaking previous Lower highs) and some STs (AR morphing into BC) then we'll wait for the UT and know we've switched back into distribution from accumulation
BTC LONG Until 21.4k / 22.3k then SHORT to 16.3k!I made a previous Wyckoff chart too early on and I imagine lots of Bears were expecting a dump a lot earlier than how it actually happened.
Now we are at this point, the situation is very clear.
I can see this whole dump has been circled around the Monthly close.
Now sometimes, there will be an initial Bull trap pump on the Monthly close, so I won't be setting Limit orders at 21.4k because I could wake up rekt. I am aware this could take us to 22.3k. (Apologies, my 2nd red squiggy line should have drawn it to 22.3k)
However a max of 21.4k here is also a possibility, before we finally dump. I will be Market ordering based on what I see on the 1 minute charts during these levels.
I am currently LONG 20,680 with a TP of 21,390.
Something tells me I won't be getting much sleep 1st-2nd July!
Wyckoff Logic Supply and DemandEURJPY
Technical analysis
Cause, re-accumulation, equilibrium sequence between demand and supply between quotas, supply zone 140.050 & 134.802 demand zone .
Demand is greater than Supply !
Implications, long!
Pattern Rally base Rally !
The effect generated by approx
378 pips.
SL 140.410
Entry, buy! 142.070
TP 147.000
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.
Wyckoff Logic Supply and DemandCHFJPY
Technical analysis
Cause, re-accumulation, equilibrium sequence between demand and supply between quotas, supply zone 136.247 & 131.987 demand zone .
Demand is greater than Supply !
Implications, long!
Pattern Rally base Rally !
The effect generated by approx
580pips.
1 SL 138.749 move to pozitiv 304 pips
1 Entry, buy! 135.729
1 TP 145.401
2 SL 137.902
2 Entry, buy! 139.575
2 TP 145.401
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.
BTCUSD possible pop with in the next hour at 6pm estBased on the 1 hour chart you can see obvious re-accumulation and that should be solidifying within the next hour by 6pm-7pm. There should be a clear sign of movememnt up if everything went according to plan for this move. target is the last previous high before it dipped down to where it is now.
by iCantw84it
06.17.22
XLMUSD is about to pop after hitting absorptionTesting out some new things and Wanted to document this. I think by the end of the blue line at the bottom price should pop signifying it has hit absorption. Pull back into 7 for the final dip into liquidity and then pop again right at the vertical line after 7. This will be its move out side of this box it has created with the price action and the move for profits.
by iCantw84it
05.28.22
Spy Break out and breakdown of the move its trying to accomplishThis is a break down of spy and what could happen on the next day or two. I'm using wyckoff with cycle theory to break down what is happening and what it wants to achieve.
The cycles are a product of some info I got in a dream and I have been analyzing what that info means and how it pertains to the market.
by iCantw84it
06.15.2022
The Kraft Heinz Company KHC setting up for a pop. With all the markets moving I wanted to test out something on a stock that had not moved yet. KHS is checking all the boxes. I drew the rough idea of what it should do. It doesnt matter until Price gets to the last two set of blue lines. If price moves up at an angle from the beginning to almost the end Enter a trade and watch what happens after price crosses the last blue line.
by iCantw84it
05.31.22
BTC to Test Support of a Wyckoff Re-Distribution Trading RangeThe BTC price continues to be observed in Phase B of a Wyckoff re-distribution trading range. We should consider this a re-distribution trading range (to be confirmed or to fail based on market events) rather than a re-accumulation trading range as the BTC price has been in a down trending environment for the past 6 or so months. This Wyckoff re-distribution trading range (upper bound = $31,520; lower bound = $25,340) is interesting in that the price has spent the majority of the time in the upper portion of the trading range (green shading, lower boundary of the upper portion is given by the low of the preliminary support (PS) event). In most cases, the price would test the trading range support level ($25,340) several times as it moves through the range so, in this regard, the trading range is a bit atypical.
That said, it appears that BTC will be testing the trading range support level ($25,340) soon as it already has broken support at the PS event and the BTC price is observed in the lower portion of the trading range (red shading, lower boundary of the lower potion is given by the selling climax low) in what might be a shakeout/sign of weakness (SO/SOW) event. This idea is consistent with the Phoenix Ascending (PA) indicator, given in the lower panel. I expect both the red and blue lines and likely the BTC price to continue on their downward trajectory.
Note the low volume over the last week compared to the climatic volume observed at the PS and selling climax (SC) events. This tells me two things: (1) The BTC price is able to move downward through the trading range with relative ease. If the trading range support is to hold then demand needs to be observed. (2) As the beginning and the end of Wyckoff trading ranges are typically marked by climatic level volume, BTC will likely continue within this trading range.
Significant bars, which help define important areas of support and resistance, are given by the blue shading. Wyckoff abbreviations: automatic rally (ARa), selling climax (SC), secondary test (ST), upthrust (UT), preliminary support (PS), failed upthrust (FUT), last point of supply (LPSY), shakeout (SO), sign of weakness (SOW), Phase A (Ph A), Phase B (Ph B), Phase C (Ph C), Phase D (Ph D), Phase E (Ph E).
This is not financial advice. I am not your financial advisor. This is my opinion.
NASDAQ Targets and Timing using WyckoffWhat if I told you that there is a method to project not only the targets for the next move in the NASDAQ100, but also the timing? In this post I will present my case for a likely move up, suggest where it will go, and provide a technique for identifying when the move is about to start.
First a request. If you find this useful, please hit the like button and follow me (hover your mouse over my profile picture). To get live updates (such as when I see that move starting to happen), please also follow the idea.
I recently posted an idea that provided targets for the NASDAQ100 based on the accumulation structure over the second half of May (see Related Ideas below). My Target #1 and Target #2 were hit, and as expected, the index is consolidating there. The higher targets from that post are shown as Target A3 (13,600-14,000) and Target A4 (14,080-14,480) on the above chart, relating to Structure A.
The current trading range, Structure B, could resolve as an accumulation. It is also possible (although, I believe, less likely) that the structure is distribution. In which case, my preliminary target is shown in red as Target BD1 (11,080-11,320), which would be a new low. It is possible that the count could grow with more consolidation, projecting lower targets. It is not possible to be sure of accumulation vs. distribution until the structure is more complete. However, the strength of the move yesterday was suggestive of accumulation. Today, we should find out and I will provide regular updates.
Using the Wyckoff P&F counting method, it is possible to get clues of when price will break out of a trading range. A breakout could happen when the count for the re-accumulation (Structure B) confirms a prior count for the original accumulation (Structure A). Because P&F counts are based on a combination of volatility and time, we can't project an actual time, but instead project the number of columns that must be completed. See the yellow lines on the chart. The first dotted yellow line relates to the lowest price in Target A3. The second dotted yellow line relates to the lowest price in Target A4. I will be looking for signs that a breakout is close, such as the ability to stay high in the trading range and with reducing volatility and spread. If the P&F columns are at one of these dotted lines when this happens, it is a clue that price may breakout soon. This is potentially a good point of entry.
If you have any questions, please feel free to ask. I will make updates later today.
btc - redistribution once againelliott wave analysis of bitcon on daily timeframe
looking at the chart there could be a possible zigzag formation (5-3-5 structure), labeled with red ABC on the chart
currently, in lower degree abc correction is in play and wave B on higher timeframe.
depending on abc formation, here is what to be expected
- if abc is forming zigzag formation then we may expect some more bullish price action before any probable reversal
- on the other hand, abc could form an expanded flat with a complex b wave and the formation will perfectly fit to wyckoff redistribution sychmatic. in this case we may experience a bearish price action - probably below the local bottom - folowed with a bullish price around the half of wave A in higher degree which will complete abc formation on lower degree. please check details presented on the chart
abc completion also means end of wave B in higher degree. based on zigzag rules wave C implies a bearish impulsive (5 waves) price action
please note that :
- these patterns do not provide any kind of certainty about future price movement, but rather, serve in helping to order the probabilities for future market action
- trade setups must be confirmed in conjunction with other forms of technical and fundamental analysis
- and please remeber that this analysis is not a financial advice and presented for educational purpose only
Peace at Home, Peace in the World
Wyckoff Logic Supply and DemandUSDCAD
Technical analysis
Cause, re-accumulation, equilibrium sequence between demand and supply between quotas, supply zone 1. 27056 & 1.26908 demand zone .
Demand is greater than Supply !
Implications, long!
Pattern Rally base Rally !
The effect generated by approx
30 pips.
SL 1.2945
Entry, sell! 1.27087
TP 1.27358
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.
Dow Review (English subtitles)Click the "subscribe" necessarily if you come review! Then I will post more ideas.
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Completed with my own developments taking into account the imbalance of supply and demand
Indicator Wyckoff Line created by the activity of professionals and identification of liquidity zones, to which the price is attracted.
Remember that the market is only driven by supply and demand. No technical indicators will tell you in advance whether a supply or demand imbalance has occurred.
Listening to the news can put you in a state of wrong decision, so make decisions only by the activity zones of professionals. By understanding where the imbalance of supply and demand is occurring, you can correctly build your strategy of work.
The indicator has a clever algorithm that takes into account the activity zones on several timeframes above the working chart.
It also includes a system of VSA, which determines the entry point for buying or selling a certain instrument. The entry point is determined by the imbalance of volume and price on the principle of lack of demand, or lack of supply in liquid areas.
Take a look at "Figure 1", which clearly shows the supply test after which the price reached the next liquidity level in WMT stock
The following example clearly shows a buy after a downtrend, which after the passage of the liquidity zone defined a clear signal to buy the stock AAPL
The essence of the indicator is that high volume is always a liquidity zone, into which the price will constantly strive. The indicator determines the liquidity zones of the professionals, which you set on the higher timeframes with the help of certain settings of the high volume bar. And along with the indicator package I provide a tutorial video where I tell you how to use this indicator. I also give some author's settings and recommendations for entering or exiting a position.
Now let's analyze the sell signal. Here is an example of one of the sell signals in which the indicator clearly worked:
The price reached the liquidity zone and it signaled three times that it was time to enter the position. Next, using completely different entry techniques, you could sell the KO stock or, if you were trending upwards and your techniques did not involve selling, you could simply exit your position in time.
The uniqueness of the indicator is that it works on a chart like crosses zero. By setting liquidity zones, you can use the signal of this indicator to enter a position without any market noise. Take a look at the example below where an entry was made into an MSFT stock:
snapshot
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