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Wyckoffreaccumulation

USDCAD MAJOR RE-ACCUMULATIONHello my fellow traders. I hope you have been having a good time with the charts I have been onto UCAD since the beginning of its markup phase and have kept you updated on my views. If am not wrong, This pair is cooking something up. Institutions are re-accumulating their orders and I might have sniffed them out. Possibly we might see a reaccumulation with a spring unfold. This provides us with more opportunities to stack our orders with the whales.. Its still too early to tell but as we wait lets see whats in store for us
Long
by hakeemb
USDCAD RE-ACCUMULATIONo Last week I thought price would go down and fill the imbalance left but boy was I wrong. Far from speculation I have concrete evidence that usdcad will not see a new low form coupled up with a very nice narrative for the pair. So here we go: We saw usdcad complete the accumulation phase after taking out all liquidity below. What follows next in the wycoff cycle is a series of reaccumulations and the first one has just being completed After showing a sign of strength, the pair closed at a 4HR institutional candle where they have their buy orders. i.e Not expecting price to go below that candle For a low risk set up I would look for a wycoff accumulation in the lower time frame next week. Beware of high impact news on wednesday and friday that affect the pair. A spring is most likely to happen on friday but I would rathher wait for price to show me its hand. Find previuos analysis atached below,
Long
by hakeemb
4
Wyckoff's Accumulation phaseThis is Wyckoff's Accumulation phase that is tricky to understand, Wyckoff's methods are real smart money concept. Actually Wyckoff's understand how SM place their orders. So after a long time by studying markets sir Wyckoff distributed his knowledge between public. And reality is Support and Resistance work but not so nicely SM know how retail traders trade the market. So they break the retail levels induces public and collect their orders and reduce public From trades. Concepts are little bit complicated to apply in real time chart, but it actually works. If anyone wants to learn those concepts then they can search on Google 'Wyckoff's method'.
Education
by HelloSujoyGain
What is the Wyckoff MethodPhase A. Stopping the previous bearish trend. • PS. Preliminary Support. It's the first attempt to stop the downward movement that will always fail. • SC. Selling Climax. Climate action that stops the downward movement. • AR. Automatic Rally. Bullish reaction. An upward movement that sets the maximum range. • ST. Secondary Test. Test of the level of supply in relation to climate action. Establishes the end of Phase A and the beginning of Phase B. Phase B. Construction of the cause. • UA. Upthrust Action. Temporary breakout of the resistance and re-entry into the range. This is a test at the maximum generated by the AR. • ST as SOW. Secondary Test as Sign Of Weakness Sample of weakness in test function. Temporary break of the support and re-entry to the range. This is a test at the minimum generated by the SC. Phase C. Test • SP Spring. It is a test in the form of breakout of the minimums of Phases A and B. There are three different types of Springs. • Test Spring. Downward movement towards lows of the range in order to check the commitment of the sellers. • LPS. Last Point of Support. Test in the form of a bearish movement that fails to reach the minimum range. • TSO. Terminal Shakeout or Shakeout. Abrupt movement of minimum breakout that produce a deep penetration of the level of support and a fast Phase D. Bullish trend within the range. • SOS. Sign of Strength. Bullish movement generated after the Phase C Test event that manages to reach the top of the range. Also called JAC. Jump Across the Creek. Creek jump. • LPS. Last Point of Support. These are the rising troughs we find in the upward movement towards resistance. • BU. Back Up. This is the last big reaction before the bull market starts. Also called BUEC. Back Up to the Edge of the Creek. Back to the creek Phase E. Bullish trend out of range. •Succession of SOS and LPS generating a dynamic of rising highs and lows.
by FXMHDH
BTC/USD - Distribution or reaccumulation?Dears, Classical accumulation and distribution phases on the market are often mixed together. Especially when bears do not end their supply when new bulls come in, not waiting up to the end of the supply. This phases, when in bulltrend bears start to supply and new bulls come in very quickly are called reaccumulation. However, to recognizing the distribution and reaccumulation sometimes is very difficult. In half of the reaccumulation pattarns there is a strong difference: higher lows, however, in the other half of the patterns there is a lower low reacting like a spring for the price (and is also called a 'spring'). The one difference between all the accumulation and distribution patterns is, however, that the last point of supply (LPSY) is much higher that classical distribution pattern predict - is similar to last ponit of support (LPS). We cannot predict the future. If bears would be stronger than bulls, than would be one more selloff (classical LPSY). If bulls would be stronger, than that would be classical reaccumulation. We will find out what will happen... BTW, Please, observe the S&P500... If there would be a massive selloff at wider market, many inverstors and traders would realize profits from Bitcoin to either buy stocks opportunities or cover costs of levereages (incl. deposits refill)... or both... ;-) I still hope this is only a reaccumulation and within one week we will go upside. Please, remember, in May Wallmart plans to go in Bitcoin (officially: for cash thansfers). As you could see, Bitcoin become so expensive in appropriate manner to ecourage the "bigger wallets" to go into without some repercusions of buying to cheap assets (overbought symptoms like liquidity problems and to high price movements).
BITSTAMP:BTCUSD
by PawelHodurek
4
POLKADOT (DOT) Re-accumulation DOT has been in a re-accumulation structure since Feb 22nd when market leader BTC had its sell off and correction. Accumulation has almost been completed and we have left the range in the form of a macro timeframe re-accumulation above our trading range. Ordinary shake out failed to push the price down lower and so far in the current smaller structure we are forming higher lows in the form of an apex formation. Supply seems to have diminished, aggressive buying could be a POE in the form of wide spread 4 hour bars on high volume. Fundamentally strong asset with lots of interest and network effect, overall sentiment is very bullish.
Long
by PistonHonda