The bump and run scenario is working perfectly. It also matches very well with a Wyckoff redistribution schematic. The road could be bumpy, but the target will be reached I think.
I'll be watching this for tomorrow. We need the break to happen in order to confirm the redistribution schematic.
Utilizing the Wyckoff Methodology to identify whether a trading range is in accumulation or distribution is critical to forming a directional bias and determining the probable future trend of the market. Trading ranges are formed on all timeframes and the price action within them contain key characteristics that can be used to identify what phase of the cycle the...
SOL is currently trending in what looks like Wyckoff re-distribution range, after marking down from a brief top and on the path of reconciling the lower macro liquidity void found at the 2% Fibonacci (11 USD) level. These retracement levels can be used as reliable DCA points if Solana's rebirth is something you have faith in. If you have strong hands, patience,...
$NQ Wyckoff Redistribution Schematic on the daily chart!💥📉 Pattern Confirmation: price breaks and holds below 11650 $nasdaq has also rejected off the 20w SMA, 21w EMA ⚠️ Looks like a potential start of the next leg down.
Mapping of levels of interest on current H4 range This Mapping includes some Wyckoff redristribution TAGs More Wyckoff here
Wyckoff analysis levels are based on Volume Profil and S/R analysis More levels here
Hey all, I've been strong on the idea that we are currently redistributing on the next leg lower and are somewhat repeating the exact same patterns we made ahead of the March rally that faked many into flipping bullish. I believe we will redistribute in an eerily similar manner, especially considering what the indices-moving names are doing. Considering...
Hey all, I wanted to share with you guys what I think is happening right now in the stock market; by the looks of things, we're doing exactly what we did back then in the lead-up to the March rally and subsequent leg lower. My current belief is that we will nearly replicate said pattern ahead of making another leg lower in the stock market(many market-moving...
Hey y'all I've been watching MSFT as of late as I think it is in the process of redistribution before the next leg down. If you take a close look at what MSFT has been doing lately, you may notice that what it is doing looks quite similar to the leadup to the fakeout rally it had in March. I am currently expecting a very similar move, and am looking to buy any...
Hey everybody, I've been noticing that the patterns leading up to the fakeout rallies in March have been repeating themselves in numerous market-moving names- namely NVDA, MSFT, and AMZN. I think there's a strong possibility that AAPL goes to test new lows in the next two weeks, only to be met with tremendous buying pressure that will subsequently lead to a...
We have a drop-base-drop (DBD) pattern. Once the price exited from the 'redistribution zone', not all sell orders were filled and there was still open interest at this level; so it pulled back to retest. Here we have the "Evening Star" bar pattern and the TD9. Target are displayed on the chart.
We have a drop-base-drop (DBD) pattern. It's a common continuation pattern. The support level (redistribution zone) is broken. Targets are displayed on the chart.
Bitcoin has been consolidating inside of a range since the beginning of 2022. This range is showing obvious signs of a distribution phase (manipulated highs/higher highs). Right now it seems like there are equal lows at around 37k ready to be wiped for liquidity. There is also a daily supply zone at 46-48k which I think price is very likely to tap for one more...
Previously, I’ve demonstrated stepping-stone descending horizontal Wyckoff re-distribution trading ranges for BTC. Interestingly, the last 3 transitions from Wyckoff re-distribution Phase E to Phase A were similar. In all 3 cases, we observed a climatic level of volume. In all 3 cases, we observed sell bars with a large spread. The percent change in price for...
Just a simple chart showing the potential schematic that BTC is following at the moment. We might see one final push to the 42K levels before heading straight down to 30K levels.
Lets see how this idea plays out, this is looking like redistribution pattern.
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....