Is price accumulating or redistributing? Price is moving within this range? Where to next? I’m inclined to believe A is the higher chance of of probabilities I haven’t even checked but it looks like price is waiting for news catalyst to make a dramatic move, either way. Pay attention to 4 hour candle closes
EURUSD - Potential Bat forming, I see bullish momentum with liquidity above, I want to see a bullish push (Take out LQ and fill some imbalance before then breaking the lows giving us a re-distribution and for price to then head towards the D point which has a very strong PRZ) Let me know your thoughts! ** Disclaimer *** These ideas I never trade until the...
As you can see, we are once again testing the resistance these days. Exactly as the wyckoffian scheme shows us. But make no mistake. 51.5K means no breakout, and the model is now broken. From 55k on multiple timeframes a confirmation I consider as invalidation level for this Wyckoffian scheme. So the moment of truth. Are we going to follow this schedule as we...
Market in downtrend for a while and its form a redistribution schematic.. orders are evenly distribute in respected areas....
So this is the re distribution phase coming to a close with a type 2 schematic a classic head and shoulders and we ever had a spring on the 15M. I am looking to see a move to 47k maybe 46,600 and possibly a retest of 42K.
#ETH showing potential signs of Institutional Absorption here. By using Wyckoff Method of Analysis we can try and predict the direction of sideways movements by using identification characteristics on the Wyckoff Schematics. They are to be used as a general guide and paired with volume for a sound analysis of a probable direction. Read below for some intro...
It is still a bit too early to say, but i just want to think ahead of a crowd. If we hold 55.4k we could be heading into a 2nd wyckoff redistribution phase from where we eventually break down into a bear market. Like last time It is a chance that many will predict breakup into new highs, which in reality we will probably not see for many years to come. Don't get...
GBPAUD - Looking for a a break in momentum and a redistribution phase back at the daily low, if this breaks ill be looking to swing this short towards the D points of the Bat/Shark (Monthly low) Monthly is bullish so I don't expect price to close below. LMK your thoughts! ** Disclaimer *** These ideas I never trade until the end target with my initial...
Hi Traders, Above I have done a video showing my thoughts around gold and a possible opportunity that lies within. Please let me know your thoughts in the comment section below as well as check out further below for more details. Have a great weekend. TH from RT-Trading.
If Doge rejects here its a clear example of Redistribution.. Notice how well price respects the upper trading range. Only if DOGE gets back above 0.22 cents mark or so with STRONG buying volume can this bearish pattern be considered invalid. ---------------------------------------------------------------------------------- My redistribution is based on the...
Potential Bearish Harmonic Bat Pattern, along with Wyckoff redistribution on DXY. I see one last push but it most likely will be short lived. Time to start recalculating blue chip stocks, Bitcoin (cryptos), Gold, Silver and hodl. It may be a hell of ride. Time will tell
Hello my beauties. It seems to me that EUR/JPY is in a phase of redistribution. The arrows indicate a rough idea of what I think the price action will provide us with, and they are not to be taken as an accurate forecast of what I think will happen. Remember I'm not suggesting you should take a position, but verify the idea and monitor price in the indicated...
As promised here i have the confluence on this exact level. - Weekly level - CC fibonacci .66-.618 - POC of the range - 1.618 Fib extension -1/1 Fib extension -1.414 fib extension - Daily level ( Not marked ) - Market structure Level ( Not market ) SMASH THAT LIKE BUTTON! Follow for more thunder crazy insights and technical analysis that is thunderboy21 signing out!
Welcome to thunderboy21 technical analysis, Here you see 2 parts on the chart that are very similar to each other, as i have said is my previous Post i was looking at this fractal from above distribution and projected it on this price action. i shorted the top via this fractal for a 20% move down ( Did not expect that fast ) i think this is just going to play...
It was the summer of 2016, I just arrived at the international airport of Curaçao and was on my way to Blue Bay for the holidays. Arrived at the Bayside Boutique hotel is was told their was an issues with my room due to a fire which happened a few days before my arrival. The hotel manager had some close friends who owned a hotel in Gran Roques (Venezuela) about...
Here is my trade idea on this pair, if you find it helpful, do drop a comment and share
Bitcoin - Wyckoff distribution - we are in phase B
So just adding some additional price areas to my chart.I have also provided the RSI indicatorto show the major hidden bearish divergence, along with the regular bearish divergence. These are both yet to play out and paint a picture of a solid move-reversal down to the areas i have charted here, trade safe and have a plan. Love to hear anyones thoughts, cheers $urfbeach73