Sign of Strength in the chart: 1. Breaking up from Accumulation 2. Pullback with No Supply and Spring 3. No sign of weakness / distribution Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Wyckoff accumulation entered off the test on the 1 min TF if you wanna see how fractal this market is check back test that area breaking it down on the 1 min
Hello, dear subscribers! Let's take a look at the very interesting scenario for Bitcoin which can play out. The market was in the massive growth stage before this nasty correction occur. The drop was really rapid but the price formed the preliminary supply and the selling climax points. You can check the article about Wyckoff cycle with the link below, but i...
After a first wyckoff spring failed trial, NYSE:NIO is showing a 5 waves technical pattern that generally introduces a trend continuation. Wyckoff Spring is not over yet, we might expect a spring if the market's conditions are good next week. For me this trade is worth trading with a nice risk/reward ratio with a stop-loss just under previous low and 55 simple...
I am hoping this is a trading range, as many gold stocks are setting up for entries as well. Although many have also had failed Spring entries recently. If it does not reclaim the lower S/R line, the next support is quite a bit lower, around ~$1560. When you look at the weekly, it looks like it is just consolidating near the top of the previous high, before...
AUVI has gone up with an almost 500% gain, something amazing. Taking a look to the chart, we can see that in a bullish trend, the first, second, third, fourth, and fifth Elliot waves have already been produced. So now we can expect to see prices fluctuating between the trading channel. When it comes to Wyckoff point of view, we already had a upward trend, so now...
If you understand Wyckoff methodology, you can see the "spring" has occurred for AMC about a week ago. The high volume short candlestick, along with the gap up following the "spring" should be a good indicator of a move up about to happen soon. This is called "jumping the creek" according to Wyckoff. It's time to load up. Magenta line represents my call option...
Downsloping consolidation. Reaccumulation scenario Spring Setup. Confirmation: close above $6.30 Pattern failure: Stop loss at $5.37 Wyckoff Crypto Discussion Join us each Thursday for a free discussion of the cryptocurrency market from a Wyckoff perspective. These sessions are hosted by Alessio Rutigliano and Roman Bogomazov. www.youtube.com
GBPJJPY in the middle of a beautiful accumulation range. This will be a nice short term move but looking to grab a few orders to buy near the lows and buy the continuations! Although we may se a fakeout to spring up from around the 137.389 area to grab the liquidity sitting at that area wouldn't surprise me overall look good to continue to the upside! For now I'm...
OR.....FELL BELOW SUPPORT. SPRUNG BACK ABOVE AND NOW RETEST THAT SUPPORT ON MONTHLY TIME FRAME !?! WE MIGHT NOT NEED NO STINKING DIVERGENCE !
possible spring confirming more upwards movement. I would say that is just about the last of <240 we will see for a couple days more low 240s to confirm. suspending short positions for the time being to await further confirmation
Channel has been broken ... spring entry position also validated .. cup formation expected .. buy only above next fib level ..with good volume breakout.
This patterns looks like WYCKOFF ACCUMULATION. Spring phase is soon going to finish go for the buy after your indicators turn green for buy. Below are few examples to show you how to trade this eurgbp trade. USDCAD moved upward after Spring. Buy more after you see triangle pattern near the resistance line. like I exactly Predicted in GBPUSD. Hit the like button...
ZM has been gaining a lot of attention lately due to COVID-19 and the rising demand for online conferencing programs. ZM had recently broke out but has been relaxing for the last 3 days after reaching a high of 164. The last 2 days, ZM formed inside candlesticks on the daily chart indicating that a breakout may be imminent. Following yesterday's post on ZM,...