as you see, this is distribution structure. I think that we are going to make a retest on the ICE and I got a connection between indications so its looks very good. I still wont do a sell limit because I want to see the price action and let the price create my stop loss. I upload this to get comments and things that I can Improve
NASDAQ:RYTM This stock seems to be following a textbook Wyckoff market cycle and appears to be transitioning from markup to markdown. Mid May was the beginning of a multi week base building/accumulation On June 16-17 we can see the "spring" that preceded a huge markup in prices. After that a sharp rally in prices into the $11-$13 range that formed a...
With the closure of the current sideways BU/LPS move to the upside, it would initiate the phase E of the accumulation with a break and mark up towards an ATH. From that point on we would see how price maintains itself above the 3 year resistances and if in turn, rejection is too strong and we enter a long term distribution scenario. I believe it to be highly...
For the past couple of days, GBPUSD has been ranging with some wide swings . Anytime price consolidates, we refer back to the Wyckoff's Theory to understand what's happening and where price is likely to head next. After the 3rd hit to support level, the pound finally dropped . We know the purpose of this drop and what happens next. However, the pound has now...
The details are in the chart with labellings. Might be a phase B or No phase B on the accumulation. With target at $18k to $19k BTC short Long.
After a multi-month period of mark-down ALGO is exhibiting the final stages of Wyckoff's accumulation model: 1. Preliminary Support (PS) established 2. Selling Climax (SC) achieved 3. Automatic Rally (AR) occurred 4. Secondary Tests (ST) occurred 5. Price broke key resistance level (Sign Of Strength / "crossed the creek" 6. Price Backed Up ("walk back to...
Here is a potential move on Gold to the downside, based on recent Bullish mitigation events and the fact we touched a major Weekly Supply zone, and that the bullish trend from 1680 is long due for a small correction down to an estimated 1770 or 1753. (Disclaimer, NOT FINANCIAL ADVICE)
Bitcoin Wyckoff Analysis P&F Chart Chart Settings: Box: 250 Reversal: 3
ok boys i dont think market get bullish but i am the bear right now . i will update this publish . lets see what will happen :)
OK ! lets see whats happening , (i will update this )
I was going thru the charts and found this pattern forming, Is this what I think is Wyckoff pattern forming, I am not very good at trading but does this mean the price will go down once 20 EMA Crosses 50 and 100 EMA?
One of my best trades to date. The price fell asleep along the breakout VWAP and exploded to target overnight, despite the FOMC meeting that same evening. Really happy to have I caught that move.
Here is my take following Wyckoff principles on the current potential bottom for BTC. We have currently left the range and onwards to a slow yet, possibly certain breakout. Let's see !
Looking at this schematic, I have analyzed AUDJPY and i see we recently had Equal Highs and we retested the order block as well, meaning that we have a good chance of going short. My stop loss 2 pips and i am targeting +20 pips.
Well! well! WellLook at what we have here EA has a offerred an amazing text book re-distribution pattern that I am very much in love with. This is basically Free money loading. Happy charting, Have a blessed week y'all
Here I'm sharing the next direction of EURUSD. you can take your own confirmation for entries. Thank me Later!
I haven't updated this in awhile but looks like we're on track for a major pull back in Phase D - SOS
Wyckoff’s Schematics The Accumulation and Distribution Schematics are likely the most popular part of Wyckoff’s work - at least within the cryptocurrency community. These models break down the Accumulation and Distribution phases into smaller sections. The sections are divided into five Phases (A to E), along with multiple Wyckoff Events , which are...