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Wycoffmethod

IOT repeating a move from VEEV in 2017 Very BullishSince I have been using chatGPT, I have taken a very bullish approach to all things ai. This stock is one of the leading in its sector. While charting it I noticed it had the same Chart Pattern as VEEV in 2017. Which went from 17 - 50 in 8 months. So far this stock has spent 4 months under institutional control since it hit its low and started Accumulation. Its low is around $8.50 and looks like its following this pattern almost perfectly.... there are some efficiency differences but somehow gets all the moves still in there. Ill post the Chart here for you to see. by iCantw84it 03.30.23
NYSE:IOTLong
by iCantw84it
5
Smart Trading For EURUSD 1h When you look at a one-hour timeframe chart of the EUR/USD currency pair, you see a large number of order blocks, and for each one, with proper planning and observing Wyckoff patterns, you can create a good plan. Sometimes, due to rapid growth or decline and not recognizing the pattern, we don't enter into these types of positions. So, recognizing the Wyckoff pattern significantly helps us trade in the right direction. Yes, recognizing Wyckoff patterns and proper planning can help you trade more effectively and confidently in the EUR/USD market. Wyckoff patterns identify price and volume patterns in the market and allow you to determine the optimal timing for entering or exiting a trade. Recognizing Wyckoff patterns can help you identify stronger entry and exit points in the EUR/USD market and prevent faulty analysis or trading mistakes. By focusing on price patterns, volume, and price changes, you can identify both common and uncommon patterns and have a better understanding of the market. However, it's important to acquire sufficient study and education to effectively use Wyckoff patterns, correctly identify them, and have a comprehensive understanding of market behavior and technical tools in the EUR/USD market. Additionally, skill and experience in trading are of great importance. Before using Wyckoff patterns in trading EUR/USD, it's advisable to familiarize yourself with your own strategy and utilize reputable resources to learn about patterns and related concepts. Additionally, always be cautious and base your trading decisions on your personal analysis and understanding of the EUR/USD market, as there is no guaranteed strategy or pattern for profitability in the financial market.
by M_Dehghani
NASDAQ 1h for Smart money CheckedWhen you look at a one-hour timeframe chart, you see a large number of order blocks, and for each one, with proper planning and observing Wyckoff patterns, you can create a good plan. Sometimes, due to rapid growth or decline and not recognizing the pattern, we don't enter into these types of positions. So, recognizing the Wyckoff pattern significantly helps us trade in the right direction. Yes, recognizing Wyckoff patterns and proper planning can help you trade more effectively and confidently in financial markets. Wyckoff patterns identify price and volume patterns in the market and allow you to determine the optimal timing for entering or exiting a trade. Recognizing Wyckoff patterns can help you identify stronger entry and exit points and prevent faulty analysis or trading mistakes. By focusing on price patterns, volume, and price changes, you can identify both common and uncommon patterns and have a better understanding of the market. However, it's important to acquire sufficient study and education to effectively use Wyckoff patterns, correctly identify them, and have a comprehensive understanding of market behavior and technical tools. Additionally, skill and experience in trading are of great importance. Before using Wyckoff patterns, it's advisable to familiarize yourself with your own strategy and utilize reputable resources to learn about patterns and related concepts. Additionally, always be cautious and base your trading decisions on your personal analysis and understanding of the market, as there is no guaranteed strategy or pattern for profitability in the financial market.
SKILLING:US100
by M_Dehghani
GBPUSD can continue to rise and break of resistance areaHello traders, I want share with you my opinion about British Pound. I decided to update the previous idea for you. We can see on the chart that the British Pound has achieved its targets and moved into the phase D. Price re-tested the resistance area, from which it bounced and decreased, where it formed the last points of support(LPS). After the formation of LPS, the price continue move up and is now below the resistance area. I think the price can continue to rise, break through the resistance areas, and continue to move upwards. So as targets for the British pound, I see the resistance area 1.2130-1.2150 and resistance level 1.2265. Please share this idea with your friends and click Boost 🚀
Long
by LegionQ8
12
Bitcoin Wycoff AccumulationBitcoin is playing out a picture perfect Wycoff Accumulation phase so far. will be watching for a rejection at range highs and then a spring to 15-16k. The accumulation phase is a sideways and range bound period that occurs after a prolonged downtrend. This is the area where larger players try to build positions and shake out smaller fish without causing much of a further drop in price, or the beginning of the new trend. They aim to maintain this phase until all their positions have filled, hence the name “accumulation.” According to Wyckoff, there are six distinct parts of the accumulation phase, all with an important function. Below are all phases and labels for reference.
INDEX:BTCUSD
by carls1858
3
Wyckoff Logic Supply and Demand USDCAD Technical analysis Cause, accumulation, equilibrium sequence between demand and supply between quotas, 100.295 supply zone & 91.755 demand zone . Demand greater than supply! Pattern Rally base Rally! Implications, bullish! The effect generated by approx 270 pips! SL 1.27920 Entry 1.29477, buy! TP 1.32235 ⭕ = 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.
Long
by HoratiuBogdan
Bitcoin - Wycoff Accumulation - Is it done? With 5 straight days of positive price action, I have noted elsewhere that this is the longest rune of green bars since the all time high of $65k. Actually, it is the longest run of green bars since March 12, 2021. Taken in context with the reversal signals I listed in my previous post, I get the feeling that the post-correction consolidation period is ending and we are beginning to turn the corner back towards a resumption of this halving cycle’s Bull Run. Placed in terms of the Wyckoff pattern, I note that July has represented a re-distribution pattern with the drop to $28.7k being the “Spring” of that redistribution. This has provided a basis for re-accumulation at low prices for very brave speculators and the skilful manipulators, but I believe the accumulation game has now been played and they will be growing confidence back into the market to ensure they can capitalise on their accumulated positions with future higher prices. If that is the case, we can expect to see a re-test of the 1D 20MA, then a cautious climb back toward $40k. I expect a pull-back from that point before a surge toward $47k and then onwards after a brief consolidation. Alternatively, one could argue that the “Spring” is not yet sprung, but I doubt we will go any lower than $31k from here, which you will note is an untested support zone. What do you think will happen: A small correction and then upward towards $37k and then $40k? A deeper correction to $31k then upward? or A much deeper correction to a new lower-low?
COINBASE:BTCUSDLong
by Crypto-Swing
8