Hello my beauties. The arrows don't reflect an accurate prediction of what the price will do, just a rough idea of the areas that I'm expecting the price to move towards. For all the ones that have taken the trade already, good job! Copper has just entered a phase of distribution and I want to profit from it while it's rangebound. I will be long until the...
Hello all. I think that Copper has just entered a phase of distribution, and I will be longing it for the formation of an Upthrust that will bring the price beyond the Buying Climax. Like if you enjoy the idea, and consider following and supporting me. Peace. TrickleDown FX
Hi all, In line with the primary uptrend, a smaller 15min timeframe accumulation is in play as the continuation formation. Price is moving in a narrow spread, but things can change as the levels are reached and reactions can go wild. I'm expecting an upthrust towards 48.300 - 49.300 where i will initiate a swing short upon confirmation of rejection, followed...
Sign of Weakness in the chart: 1. Climatic Volume on Upbar 2. Huge Distribution with Up-Thrust and Sell-Off 3. Confirmation on Weakness in Hourly Chart Case Study: 1. Asdion 2. Macpie 3. MMAG 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...
I've added 50 & 200 day moving averages to my analysis to see where the death cross meets wyckoff schematics. Looks like they are about to create a perfect storm to the downside. The death cross is widely popular these days, so it's hard to find buyers now for an upthrust. We also have a low volume, so it's up to the composite operator, whether or not he'll...
The highest high of BTC was an upthrust in a Wyckoff analysis. So we expect to see a downward trend, hopefully completing the Shoulder - Head - Shoulder, that I shared in another idea. As the market is being overextended, with very short candles, and low volume. Even though, BTC is expected to go higher in the long term, as Tesla invested in it, causing a rush in...
Last Friday price action still favored the story of supply absorption pending rally up to test the all time high. Narrow spread together with decreasing supply could justify this bullish scenario. Check out the video for a complete walk through of the daily market analysis of S&P 500 futures (ES) for 17 Aug 2020 trading session. In this video, I am going to show...
There seems to be signs of weaknesses (SOW) indicating short bias 1. Shortening of thrust 2. Upthrust formation 3. Diminishing volume on last up wave 4. Strong wide down bars 5. No demand bars 6. Divergence on OBV 7. Divergence on StochRSI Sell on 1.1095
30 Apr 2020 recap - yesterday Dow had an increase of supply together with bearish price action, with the close above the support level 24270. Yet the futures during the London session now has broken the support level and currently testing 23880 level. A break below swing high at 24270 presents a false breakout scenario. If 23880 was broken, we should see a...
S&P 500 futures ( CME_MINI:ES1! ) continued yesterday's selling and plunged more than 2% below 2850 as of the London session now. The price action today before the US session revealed a false breakout on S&P 500. 30 Apr 2020 recap - Yesterday session had seen an increase of supply in synchronization with the bearish price action dropping 1.3% off the top for S&P...
Check out the video above for a complete walk through of the daily market analysis of S&P 500 futures ( CME_MINI:ES1! ) for 29 Apr 2020 trading session. Close to the end of the video, I answered a question from reader regarding how to initiate short entry after an up thrust by revealing yesterday's intraday trade. 28 Apr 2020 recap - on the daily chart, S&P 500...
CURRENT ENVIRONMENT: DOWNTREND WYCKOFF EVENT: UPTHRUST + TEST CURRENT BAR: Synchronicity to the downside. WYCKOFF STORY: Temporary absorption in October. Demand comes in, but supply still persists in the $19-$20 level FIRST TARGET: Upsloping support INSTRUMENT: BNBPERP on FTX Futures Happy Trading, Alessio
CRYPTO MARKET OUTLOOK: SHORT TERM BEARISH SHORT SELLING CANDIDATE: LITECOIN (WEAKER THAN THE MARKET) CURRENT ENVIRONMENT: DOWNTREND SETUP CONFIRMATION: CLOSE BELOW LOCAL SUPPORT IN RED INSTRUMENT: FTX FUTURES Follow Alessio Rutigliano's blog on WyckoffAnalytics www.wyckoffanalytics.com Last article: Swinging Cryptocurrencies A case study of a swing trade...
Currently, the price objective of the broadening wedge has not been hit, that is bitcoin's failure. If the top of the broadening wedge does not hold, then it will most likely retrace. In White, there was a small ascending triangle/Double top on the 4 hour time frame, and it broke out to the down side, it is possible that BTC will retest the top of the broadening...
We've got: A good series of up thrust days presenting a strong upward trend in progress A spike day on the 6th, suggesting a reverse in trend and a new relative bottom in place A cross over on the 10/20 moving averages A wide ranging day with a strong close (on an upthrust day!) further enforcing our trend and to top it all off - a classic flag...
Price entered supply zone and hit a new high but couldn't sustained it, creating an upthrust pattern. Go short with profit target at demand zone
NZDUSD bearish price action at top of down trend channel with low volume.