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Wyckoffmethod

Gold Wyckoff AnalysisGold's been on a stellar run with a strong campaign initiated at the start of September which broke out of a beautiful Wyckoff accumulation on the much higher time frame BUEC. Overall still very bullish for gold over the next 18-24months. In the current price action we've had a strong push up from $2,590 where we have found a new trading range. We had a potential spring event that failed to breakout which shows some weakness in the market right now suggesting more of a distribution/selling/profit taking event. Since this spring the range has tightened and tested both extremes of the range at the purple circles indicating no real support either way to rally further or sell of. The volatility is suggesting selling activity however we will not know until the range is completed. This smaller range can also be a test of the potential spring event Expecting the market to show us an answer over the coming days as price continues to contract in a bearish fashion however this can still always mean 2 things, that 1. sellers are exhausted or nearing the end of taking profits and demand is strong or 2. demand is weakening Now looking for another potential spring event that dips below the prior one, if this shows any weakness and fails its going to be a sharp quick drop to the next high volume node at $2,580. Trading opportunities to go long will be in the green circle in which will be a faster reversal given the location as this would also represent another higher time frame test of the consolidation breakout that happened at the start of September or At a successful spring event test back in the range. or The failure of a spring event not able to reclaim the range and going short to the next high volume node in the green circle.
ICMARKETS:XAUUSD
by littlebakes
2
TOTAL - Wyckoff Accumulation 2 Setting up!Price come into the monthly demand at the $1.8 trillion level and we have since formed range conditions after a selling climax event with a massive volume rejection on the weekly and daily wicks into the monthly demand range as shown on the chart. This was also discussed and noted on 05/08 at the height of the crash where i noted the presence of high volume being a positive thing in stopping the proceeding bearish trend alongside the fear and greed index reading 26 in fear as we come into key levels after the capitulation showing us great signs. TOTAL Volume Analysis from 05/08: Since then we have formed a local range after the high volume capitulation low got put in and many question whats next in this range? For me, im seeing this as an accumulation range after the SC event just like ive detailed on BTC. I think we have bottomed in the market, i think we are accumulating here in this local range and we are likely to form a last point of support (LPS) and HL in the range before a breakout of the highs into new highs over Q4. Its setting up great here and im confident we dont put in new lows from here. Im expecting a little more correction in the range as shown into the LPS but overall im focused on the upside from here in line with the HTF!
CRYPTOCAP:TOTALLong
by marshyyy
TOTAL - Wyckoff Accumulation Range in Progress!Price come into the monthly demand at the $1.8 trillion level and we have since formed range conditions after a selling climax event with a massive volume rejection on the weekly and daily wicks into the monthly demand range as shown on the chart. This was also discussed and noted on 05/08 at the height of the crash where i noted the presence of high volume being a positive thing in stopping the proceeding bearish trend alongside the fear and greed index reading 26 in fear as we come into key levels after the capitulation showing us great signs. TOTAL Volume Analysis from 05/08: Since then we have formed a local range after the high volume capitulation low got put in and many question whats next in this range? For me, im seeing this as an accumulation range after the SC event just like ive detailed on BTC. I think we have bottomed in the market, i think we are accumulating here in this local range and we are likely to form a last point of support (LPS) and HL in the range before a breakout of the highs into new highs over Q4. Its setting up great here and im confident we dont put in new lows from here. Im expecting a little more correction in the range as shown into the LPS but overall im focused on the upside from here in line with the HTF!
CRYPTOCAP:TOTALLong
by marshyyy
BTC Wyckoff accumulation Schematic 2 - Moving as planned!BTC Update: So since my analysis on BTC, price has delivered beautifully and exactly as anticipated from the forecast, having took the internal highs at FWB:65K and into HTF supply from the prior weekly bearish leg and we had the bearish reaction from this area. Price has pushed back into the daily range with a lovely bearish reaction, further fuelled by the FUD news, timed pretty much perfectly to the bearish momentum and downturn in the market as we sit in this accumulation range. However im not worried regarding the news as i see it as FUD in line with my wyckoff understanding. In line with my USDT.D update also posted recently⁠, im still seeing a little downside risk in BTC and im expecting it to continue bearish and push down deeper into the levels marked up between GETTEX:59K - $52K. This level is the discount of the accumulation range and the HTF weekly range and aligns with the weekly demand range, 3D demand range and daily demand range, alongside resting SSL to target at $57,500 in this area, making a prime reversal level and key level imo. As im viewing this as a reaccumulation range, following wyckoff schematic 2 as shown, im looking at price to form a last point of support in this area and a bullish reversal to form and expand out of it as shown. This is my main idea and thesis so far as we continue to range here after the capitulation event. Now my idea could get invalidated at a later time but right now its aligning pretty perfectly alongside what im seeing on USDT.D in its distribution range and price doesn't have to take the lows again on BTC so don't be fooled into thinking it does as right now its not suggesting this and im not looking for it. Patience is needed here as we need more price action to form to work with, but overall its looking great, i aint worried and my focus remains on the range. As a result, i expect alts to continue to bleed and underperform, especially as BTC.D continues to push up into HTF supply and ETH is looking rather weak here with potential to take its lows again, which could end up being SMT divergence between ETH and BTC as it forms its bottom here over the coming weeks. With Q4 just starting, im looking for the next expansion phase in the market to begin within this quarter, alongside the US elections next month which is typically a bullish event in the market! Its all aligning in my opinion for a bullish Q4 and Q1 of 2025, we just need to have patience here and not get shaken out in this range. In addition to this China has started quantitive easing and their market has went on a massive bullish run the last week, with the US also easing up on interest rates cutting them by half a point, leaving investors able to acquire debt at a cheaper rate which typically fuels further bullish momentum in the market, as the M2 money supply increases too which i will delve into in another post. Essentially as global money supply increases, money markets tend to also increase and ill break down this relationship in some other charts to show you just how correlated this is as its very interesting stuff. The technicals are aligning with the macros and i think its shaping up to be a great Q4 and Q1 of 2025! Dont be fooled by the first bearish tones to Q4, think of the monthly candle in terms of the PO3 Power of three formation, we have started the new monthly candle, forming the downside wick before the true expansion to the upside begins!
BITSTAMP:BTCUSD
by marshyyy
USDT.D Pulling back into Last Point of SupplyUSDT.D Update: The markets pulling back as expected, this is as USDT.D pulls back into the range with some momentum, creating a bearish pullback in BTC and alts in conjunction with my prior BTC and USDT.D analysis Nothing to be worried about, simply pulling back into the range forming a last point of supply in the distribution range on USDT.D and a last point of support on BTC in its range. We still have some pain to come where i anticipate USDT.D to push higher into the areas marked up before seeing the reversal back bearish, what matters here is sticking to the plan and remaining patient. If your not allocated in the market, this pullback will provide ample opportunity to get some exposure and risk on before the next bullish leg in the market as USDT.D breaks down out of this range. This will be one of the last chances you get to get in coins that are still priced in discounts relative to the HTF! As price has pushed into this area im seeing an increase in volume from the latest 2 daily candles which is a good sign imo as we come into this key area and supply. However, theres no signs yet to suggest the trend on USDT.D is over and we remain bullish on the daily and 4h as we push into the range high. As a result, im still expecting more pain in the market and red until USDT.D tops out and there is still room to the upside for it to push into as shown on the chart. I remain patient here and confident in my bias and idea still as nothing has changed at all. There is a lot of resistance coming up on USDT.D and id be surprised to see it continue to the upside when theres a lot of levels to clear in this range as well as the prior resistance at 6.51% and the PSY at 5.90%. These areas key areas and im looking for USDT.D to reject from these areas, with high volume before breaking down from the 4h into the daily and then pro trend in line with the HTF picture as discussed here: ⁠free-analysis-channel⁠. Patience needed here and some confirmations from these areas over the coming week or so! Never surprised, never worried and always composed 🫡
CRYPTOCAP:USDT.D
by marshyyy
USDT.D Wyckoff Distribution Profile - Bullish Q4 Upon UsUSDT.D Distributing as BTC accumulates.... The Perfect Storm and great times ahead in Q4 are upon us! As BTC sets up in its accumulation range near perfectly aligned to the accumulation schematic i shared prior. USDT.D is setting up near perfectly according to the Wyckoff distribution schematic too, which is no surprise as their relationship is inverse. A pullback is needed and forming in the market, forming phase 3 of the profile into last points of support and last points of supply. Phase D to follow - The expansion out of the range, leading us into a beautiful Q4! Just as BTC looks to be in an accumulation range, USDT.D looks like its forming a local distribution range as expected at these levels and as ive said plenty of times prior. When I delve into the daily TF it becomes more apparent and easier to see, just like it is on the BTC accumulation range. USDT.D has pushed into the FVG i was looking at and come lower into the range lows and closed bearish on the daily below the prior swing low indicating weakness. USDT.D is naturally having a pullback now after taking SSL and filling all the FVGs in the range, and BTC and the market is also having a pullback as this trends up with it being inverse. As im seeing this as a distribution range, i expect this to push back into the upper bound of the range into supply and form a last point of supply in a distribution profile, before continuing bearish pro trend and truly breaking to the downside throughout Q4. This is the same as my BTC analysis where im looking for a BTC pullback into a LPS before continued upside into new ATHs. This in turn sets us up for a bullish Q4 in the market as USDT.D breaks down bearish pro trend and into the HTF targets around 3.73%, whilst BTC pushes into new ATHs alongside a bullish market. We are not prepared enough for whats to follow 🚀
CRYPTOCAP:USDT.DShort
by marshyyy
Snoflake [SNOW] Wyckoff Bullish PatternsVery fundamental company. The last consolidation after very large drops is a good prognosis for an upward exit. It is necessary to focus on Wyckoff Wave Volume, which decreases at the bottoms. This means a decrease in selling pressure. There were two shafts with a very large purchase volume and a wave marked with volume 200. It was a very large sale that did nothing to the price. This sale was absorbed by buyers. This security has typical accumulation features. In my opinion, it is on BUY with a target of $ 140/150 For more analyses using price and volume and the Wyckoff method, subscribe to the profile
NYSE:SNOWLong
by VolumeDayTrader
Wyckoff accumulation Schematic 2 setting up in the market:My thoughts on the crypto market looking at the HTF to the LTF setups playing out in these lows in altcoins. Im thinking we capitulated into HTF key demand levels and SSL in August for the august monthly candle leaving a large downside range in most pairs creating the sellers climax (SC) event with huge volume nodes and wicks, starting the initial phase of the accumulation process in this local range and stopping the previous trend. We have then ranged further and reaccumulate in the August candle in key levels creating the AR, ST and UA events in the range. Then as we moved into the September monthly candle where we failed to run the august lows with the ST event in phase b, as seller volume droped off as price tests the range lows indicating a lack of sellers after the SC event, giving us a possible wyckoff accumulation model 2 taking place as shown in the schematic below. In turn leaving SSL intact on the august lows below $49,500 which we may not run, whilst people expect another sweep lower to take the LTF range lows, not realising its a potential accumulation range setting up in a larger overall range from the capitulation, without the need for an external LQ sweep to the lows again. Im seeing a lot of coins following last points of support in accumulation structures on the LTF in key levels, flipping LTF bullish on the daily and now pushing higher. Im thinking we see a possible expansion set up for October Q4 out of the lows in line with LTF bullish structure, going from LTF bullish accumulation following last points of support (LPS) into new HTF bullish structure as we come into Q4. Thats kinda how im seeing the market set up right now and im leaning towards not seeing a further crash lower into new lows and the prior August lows for the most part just yet and more so towards this being an accumulation range with a pullback to LPS before a new bullish move higher into ATHs
BITSTAMP:BTCUSDLong
by marshyyy
11
DXY (Dollar) Sells from 101.700For the DXY, my outlook is that the price will retrace back up to 101.700 before continuing its bearish trend with another drop. Since that point of interest (POI) is still far from the current price, I’ll be looking for a potential buy setup around the 100.800 area, which aligns with a 3-hour demand zone. If the price respects this zone, it could generate enough momentum for the pullback. We’re already seeing a strong reaction from the 9-hour demand zone I marked last week, supporting this scenario. A further decline in the dollar will serve as a confluence for bullish moves in my other pairs. Have a great trading week, everyone!
TVC:DXYShort
by Hassan_fx
Does Solana will continue their bounce play more than 45% !!Solana has gained more than 45 % from last fall down that was in 5th August 2024 the trend right now is inside the range ( Phase C - Wyckoff Method ) The far target is 216 ( Top of the side way range) if the Re-accumulation phase has succeed. SL is 141.46 ( this for me is consider thin stop loss due to the high BINANCE:SOLUSDT volatility of the crypto market) I am Just sharing insights and market trends for learning and growing every day and it is not financial advice.
Long
by FSelim55
4
CCK MARKING UPClassic wyckoff Re-Accumulation of Schematic #1 With spring in the house What attracted me the most, is that, there was an absoprtion past 2 days as evidence by the volume (Black Arrow) With breakout today accompanied with huge vol, this is a sBar (Siginificant Bar) as mentioned by Prof Roman in his teaching. I called it Timing Bar Thus, i went with a heavyweight position on this one Risk is always respected in view of that, i humbly initiated position as attached
MYX:CCKLong
by drsyariz
Look for Wyckoff in the right places.Since my partner @Mayfair_Ventures started talking bearish about BTC in March 2021, and also talking about Wyckoff theory, a lot of commentators picked up on it and made Wyckoff more widely known. Most likely they read up on it quickly and got some kind of understanding, but unless you have been using it for a while in anger, as in, making real trading decisions based on it, it's not that easy to use. There is ALWAYS a bigger picture to look at. Also, you rarely get a perfect Wyckoff. One person's spring is another's confirmation that this is a distribution. Like all trading, there is a combination of signs. Take this accumulation from Summer 2021. It only proved it was accumulation when it exited the ranger to the upside. You had to wait for the retest to get a sensible trade. Even then, the overall risk reward was at best mediocre, and no one in the crypto space had the patience to wait almost 7 weeks for it, instead getting rinsed at $50k and likely stopped out. And also remember the narrative was around the Elliott Wave that we'd outlined, because you can't just rely on Wyckoff, or any one thing , if you want a sensible trading strategy. Right now, for a number of sensible logical reasons outlined in the attached posts and videos, I am looking for Wyckoff Distribution. My bias is downward. If you want to know why, look at the other posts, I'm not re-hashing it all again here. The important thing is the pattern I expect to see, involving a significant break of the consolidation structure to the downside and then a retest of the zone. Hmmm.... I spoke in earlier posts about there being a chance of a final upthrust above the ATH, just to sucker the last few in. I think he chances of this are reduced to about 5-10% now, given recent price action. The middle of the consolidation ($66K) seems like the top for now. If it retests and fails, then it may be time to pull the trigger. Please bear in mind that BTC is now a mature instrument, and the days of exponential prices are gone. Good luck, because it's better to be lucky than good, most of the time!
COINBASE:BTCUSDShort
by Paul_Varcoe
PFE is it completed the Accumulation and Going to Fly ?! It is the first time to break out the wide range since DEC 2023 Now We are in Phase E ( Trading outside the Range) - Wyckoff Method Supply showing Effort with no result Demand has Increased Also there is upcoming earning so, Is the accumulation phase has completed and we are going to 🚀 ?! TP 01 : 34.71 TP 02: 37.17 SL: 29.30 I am Just sharing insights and market trends for learning and growing every day and it is not financial advice.
NYSE:PFELong
by FSelim55
SYGROUP CONTINUE MARKUPA classic Accumulation pattern of Rising-bottom #2 as mentioned by the late Dr Hank Pruden As Demand going in by the evidence of Vol (Black arrow) Price going up THis is basically an increasing effort with increasing result , always an indiciation of positve demand influx (2nd Wyckoff Law) In view of that, i am humbly initiated a position as attached Pure Wyckoff , Anything can happen **there is still a lot of potential upsde ( 3rd Wyckoff Law, Yellow Arrow)
MYX:SYGROUPLong
by drsyariz
WILL CRESCENDO CONT ITS MARK UP?This is a continuation from previous analysis of Crescendo (Refer Link Below) As price Tightening Approaching the Creek, Supply seems to shrink. All these occurs in the background of High /Huge Vol of Supply PRobably this is An Absorption which is on going (Hallmark of Absroption) I am a bit concern with the Bar & its Vol on (Black Arrow) : 1/ 12 jun 24 2/ 28 Jun 24 - So far, demand still not showing interest overcoming these area In view of that, i let the market to prove me wrong Position initiated as attached Pure Wycoff, Anything can happen
MYX:CRESNDOLong
by drsyariz
ITMAX CONT MARK UPThis is an Atypical Re-Accumulation pattern 1/ Price lingering around Buec Area 2/ Vol : -Demand going In -Supply Evaporating 3/ Bascially fulfilling all Wyckoff Buying Criteria Thus, with the assumption that the price going to Break-Out Buec Area , Position initiated as attached Pure Wyckoff, Absolute **This is a Classic Wyckoff Plotting, Especialy with Creek , which was introduced whom considered as a legend among true wyckoffian, Bob Evan ***Probably the price will reach @ 3.17 before ChoCh (Change Of Character) taking place
MYX:ITMAXLong
by drsyariz