Hello traders, in today's session I bought USOIL the reasons The presence of a strong bullish wave and a corrective wave that broke the bottom, so most of the time we get a wave similar to the strong wave Reaching the price of the Demand area Accumulation
There is a strong demand area, and the accumulation occurred below the area. The price broke the area and retested it. I expect the price to rise strongly from the area.
Hello traders, in today's session I am waiting for the opportunity to buy Bitcoin With the fracture of the re-accumulation zone the reasons Buyer Momentum Increasing Correction wave fracture Existence of demand areas Price response to areas and the formation of accumulation and re-accumulation
If you overlay the fractal from Bitcoin's own chart from mid-2013 to the end of the 2017 bull market, you get a very similar looking structure. The vertical lines are depicting the peak RSI at the top of the 2017 bull run and in the 2021 bull run. Although we did not reach up to 98k, which is where the previous fractal would have taken us, I take this point as...
market structure price action Accumulation waves range demand zone
demand zone wave analysis price action range break out impulse wave expanded flat
See chart. Near term levels I'm watching listed below: 1708-1746 (activate nested markup) 1802 2087.. Reaching this will activate larger degree markup, if so can reach 2904-4164 Who's strummin' the banjo?
HT context: bearish to the target 0.83$ LT context: It needs to mitigate a daily supply zone before dropping again, in H1 we can see an accumulation schematic almost formed. ENTRY 1: We can wait for a spring to clean up all the liquidity below the creek and then we can go long till the superior extreme of the range. ENTRY 2: Wait for a retest after the JAC.
Look up that infamous "Wall Street Cheat Sheet, psychology of a market cycle" diagram The 4th stage is the markdown and downtrend. In the very first cycle it looks pretty textbook where stage 1 is a consolidation box but crypto does crypto things...by the time COVID came the stage 4 into stage 1 is a WIDE and volatile type of consolidation which lead to the 2nd...
Here's something I've been playing around with. The idea is that we're potentially almost at the end of an unusually short Wyckoff accumulation period. Coincidentally, then the spring would fit well with the time of the ETH merge. The merge could mean there's a lot of people that's playing the "buy the rumor, sell the news" game - potentially meaning a lot of...
Big cup & handle wyckoff accumulation schematic developing on GOOGLE! This level is make it or break it. $GOOG hasn't had the the most exciting price action lately but we could be in for a big surprise to the upside if it can hold this current level. Gaps to the upside. IF NOT.. support levels are marked to the downside. It's decision time.
EURUSD has had a Break of structure recntly (highlighted in the chart with BOS) and now you can see that the price is creating higher lows. The green zones are demand zones whereas the blue zone is supply zone, we need to wait a breakout of the supply before opening a long position with the base as a target. Instead if price does not break eurusd will keep on...
Noticing accumulation over past 2 days with fractal structure to the accumulation we saw at the lows in June. This indicates we could see wave 5 toward the 4450-4555 range by September 7th-9th - projected path shown.
In range for 7 days. Waiting for a possible move. Set alerts for this one Good luck traders
There is a Wyckoff accumulation pattern seen on the hourly chart. Take a look!
1820s then 1400s Then mid 2000s From there it will try to establish a higher low than the Jun low around end of 2022, if successful it will begin run to new all time highs by March 2023.
THE CABLE 15 min chart analisys: We can notice a possible accumulation range, we notice that the volumes are not high when the price reaches the resistance line and this means that the interest in selling is shrinking. Now we should follow the price action, price could: 1 retest the support line and create another stronger spring (not likely) 2 moving up...
NVDA has earnings this week and is completing its accumulation, should test 166 before the report but is in buy zone from 166-175. The semiconductors are bullish across the sector, most have completed their bullish cycles and will begin next wave at larger degree - this will take the market higher and on to new highs in early 2023. NVDA expected price action: -...