Price is at the end of the distribution phase, the selling volume increase, and the warehouse is almost empty. It took enough time that could fall the price to 160.500...
The purpose of this idea is to give beginner analysists a introduction to some key principles and methodology used in understanding the movement of price within markets. One of those key principles is Market Phases, and we also use the Wyckoff Method to help us understand these Market Phases further....
As institutional investors have started to get involved in crypto, we have been seeing more and more similarities to the stock markets and as such, we saw our first Wyckoffian patterns February to April in 2021. Followed by a very obvious accumulation pattern. As we have recently had two distributions to follow, it looks like we might enter another accumulation...
Good day guys Here is the second scenario that can play out, it all depends on what market makers want to do. Do they want to move the price higher or lower, we don't know. My suggestion is to check what happens further on price action and market structure. Let me what you think will happen on BTCUSD. Cheers and good luck guys
Hey guys, Utilising the S&P500, we can determine a very bullish response the Fed Funds Rate increase of 25 basis points. Jeremy Powell ensured the US to have a very strong economy and labour market which has placed trust in the overall stock market. Have we seen the top of the market or will we be seeing another high to be made? I believe if we see another high,...
CHFJPY Looking For Shorts I'm Looking To Short Based On The Price Retesting/ Filling In The Daily Inefficiency Price Rejection To That Level 126.460 We Have A Daily Rejection Block After Price Took The Orders Resting Above The Old High We Have Distribution Schematic (Which I Did not Mark Up) Plan We Have Our Maximum Stops =30 Pips ...
Looking at the weekly chart on GJ, I can see a almost textbook like setup for a weekly GJ distribution. Ive marked the complete setup with all its phases.. with current action on the markets we need to keep watch on how markets react.
Hello TradingView Family, this is Richard, and if you like this idea, kindly support with a like or a comment. I found BITCOIN chart as a great practical example of Wyckoff's Theory. Similar to the one I posted for GOLD a couple of weeks ago. (attached in the "link to related ideas section", to keep this one clean) BTC is overall bullish trading stuck...
Price for a period of twenty-two days was accumulating contracts In a tight range pip box. which Is truly one of my favorite setups to see once placing a trade. Whenever I see a consolidation period of more than five days, I immediately trap price In a box, and given the fact of the previous week's structure, I can then predict where the price will head with a...
We are seeing smaller movements on BTC but strong distribution towards the POI we want to grab before we start retracing back up to the moon!
PLTR falling from a flat wave 4 correction now into a capitulation wave 5. This will see $6. Not advice.
While OBV looks shit and PnF points to 31.500, there's confluence at 34k. Would you bet on it? Personally i won't. We are at mark down phase of wyckoff distribution. Better be late to the party than show up at someone elses party.
Hello everyone! As you can see in this chart we have a BTC wyckoff distribution, what i will expect from this move?! First of all, we can see that BTC filled an imbalance that i called on 10 feb. I expect a pump from this zone to make a UT, this could be from 45 to 50k, depends on the next days volume, maybe BTC will fill another daily...
Wyckoff Trading Method is amazing to understand the market and the big players who move the market. The idea is to understand when the market consolidates and wether it is in a distribution/re-distribution phase or accumulation/re-accumulation phase. Wyckoff gives you a big Risk to Reward Ration if entered right. In the NZD/JPY attached picture, the price...
Conformations: 1.Bos 2.Liquidity grab 3.Downwards pressure 4.Gold in long term distribution phase
Conformations: 1. Bos 2. Gold in Long-term distribution phase
Hello everyone! As you can see in the chart after a small bounce, which is the AR we have lower lows and lower highs, which indicate a sign of weakness. HOW DO I PLAY THIS TRADE?! So, first i want to say that i speak in probabilities, so its possible that i will lose this trade, thats why i have a stop loss arround 3130. After we confirmed...
Hello everyone! As you can see in the chart we have a confirmed H&S and a wyckoff distribution, this distribution we can see at a lot of cryptocurrencies, like BTC, ETH, BNB, SOL... . About indicators, we have a bearish divergence on daily which will indicate a possible dump. Where the price will go?! As you can see in the chart, we...