Looking very similar with one small difference (the Phase B Upthrust didn't make a new high)... Aside from that, this pattern is playing out 1:1 If it continues, price should drift upwards leading to a breakout.. likely in September.
A classic Accumulation pattern of Rising-bottom #2 as mentioned by the late Dr Hank Pruden As Demand going in by the evidence of Vol (Black arrow) Price going up THis is basically an increasing effort with increasing result , always an indiciation of positve demand influx (2nd Wyckoff Law) In view of that, i am humbly initiated a position as...
Aggressive Trend Trade - short impulse + volumed T1 level + support level + biggest volume weak attempt manipulation Calculated affordable stop limit 1 to 2 R/R take profit Hour Trend "+ open gap with retest + long impulse + SOS test level + 1/2 correction + support level + volume zone" Daily CounterTrend "- short impulse - biggest volume TE / T1" Monthly...
INTRO I have been sitting on this idea for a while and finally decided to put the pen to the pad. For the past three years, there have been signs that Lululemon's stock may be destined for a decline. This trade idea will explore the potential for a downtrend using Wyckoff analysis, a technical analysis pattern used to identify trends within a market cycle. The...
**The Wyckoff Reaccumulation Cycle Within an Uptrend: A Comprehensive Guide** The Wyckoff Method is a technical analysis framework developed by Richard D. Wyckoff in the early 20th century. This approach helps traders and investors identify market patterns and trends, providing valuable insights for buying and selling decisions. One essential component of the...
Aggressive Trend Trade - short impulse + biggest volume transitional extremum / T1 + support level + biggest volume 2S- + weak test + first bullish bar closed entry Calculated affordable stop limit 1 to 2 R/R take profit Monthly context " Trend trade + long impulse + SOS level + support level + 1/2 correction"
Previous chart got messed up on TV, so reposting with more detailed information.. This daily BTCUSDT chart illustrates a classic Wyckoff Accumulation Schematic, showcasing various phases and key levels critical to understanding the potential market movements. Phases and Key Levels: Preliminary Supply (PSY): This is the initial point where substantial...
Conservative Trend Trade + long impulse + expanding volumed T2 level + support level + volumed 2Sp+ + weak test + first bullish bar closed entry Calculated affordable stop limit 1 to 2 R/R take profit Day trend "+ long impulse + T2 level + support level + 1/2 correction?" Month trend "+ long balance + expanding T2 level + support level"
Conservative Trend Trade + long impulse + expanding T2 + volumed 2Sp- + weak test + first bullish bar closed entry Calculated affordable stop limit Take profit: 1/3 1 to 2 R/R 1/3 daily T1 level 1/3 monthly 1/2 Daily trend "+ long impulse + expanding T2 + volumed 2Sp- + weak test + first bullish bar closed entry" Monthly trens "+ long impulse + volumed T2...
Aggressive CounterTrend trade - short impulse - unvolumed T1 level + volumed Sp? + support level + weak test + first bullish bar closed entry Calculated affordable stop limit 1 to 2 R/R take profit Hourly context "- short impulse + volumed T1 level + support level + 1/2 correction" Daily context "+ long impulse + above JOC SOS level? + support level + 1/2...
Aggressive Trend Trade - short impulse - unvolumed T1 level + biggest volume 2Sp+ + weak test + first bullish bar closed entry Calculated affordable stop limit Take profit: - 60% 1 to 2 R/R - 40% daily T1 Daily context "- short impulse - unvolumed T1 level + biggest volume 2Sp+ + weak test + first bullish bar closed entry" Monthly context "+ long impulse + T2...
Conservative Trend Trade 14 + long impulse + support level + 1/2 correction + T2 level + biggest volume 2Sp + test Calculated affordable stop loss 1 to 2 R/R take profit Daily chart context + long impulse + 1/2 correction Monthly chart context - short impulse + biggest volume Sp + test + 1/2 correction
Aggressive Trend Trade - short impulse - expanding ICE + volume 2Sp + weak test + first bullish bar closed entry Calculated affordable stop limit 1 to 2 R/R take profit Daily context "+ long impulse + SOS test level + right volume distribution" Monthly context "+ long impulse + SOS level + 1/2 correction? + right volume distribution" Sell Stop 67.15 LMT 67.84,...
I was wondering if I was missing out on something but it seems I had the right idea about entering the E phase. What do you think?
CAPITALCOM:DXY make a poor high, and have potential to break it. i still don't see any aggressive movement on forex right now. but the break or fail to break will be something interesting to be traded.. let's see. noted we have COMEX:GC1! already broke high of 2 days balance.. that will be something to add with ..
Yesterday i watched CME_MINI:ES1! at 5,608/06 area so many buyers over there, but fail to follow through. ES Gapped down on Asian Session. COMEX:GC1! broke high of 2 days balance, and CAPITALCOM:DXY is melting down. Seems Gold is the hedge for the fear right now. I am short on EUREX:FESX1! and long COMEX:GC1! for now.
This is a continuation from previous analysis of Crescendo (Refer Link Below) As price Tightening Approaching the Creek, Supply seems to shrink. All these occurs in the background of High /Huge Vol of Supply PRobably this is An Absorption which is on going (Hallmark of Absroption) I am a bit concern with the Bar & its Vol on (Black Arrow) : 1/ 12 jun...
It's decision time. Critical point here. BONK failed to break and close above the upper resistance from the last ATH to pump to fresh new highs. Do we gonna go straight up, sideways to create a strong base or down to major support?