Currently in Phase C of Wyckoff Distribution. Short to about 40.5k Risk reward 1:1.5
It's time for a new Wyckoff idea. The last idea i published i used a different Accumulation schematic, but that one has proven to be invalid in this situation. So i kept searching and yes i found what i was looking for. Well, let me know what u think of it!
Beautiful morning trade, missed trade and big picture all explained in here. LETS RIDE....
Just an overview of my current theories. We'll see where to next. If the structure stays true to form who knows.
Get your Long ready the accumulation phase has started, I am expecting to see BTC go up from here. Beautiful Wyckoff Accumulation Schematic
PSY — preliminary supply, where large interests begin to unload shares in quantity after a pronounced up-move. Volume expands and price spread widens, signaling that a change in trend may be approaching. BC — buying climax, during which there are often marked increases in volume and price spread. The force of buying reaches a climax, with heavy or urgent buying by...
GBPUSD is currently bearish on the Higher timeframe(4h+) but bullish on the lower timeframe(15min). I have marked out two zones that will be great opportunities to sell if approached. If a lower timeframe confirmation is seen I will enter sells. Remember do not stick to predictions but REACT!
It seems to me like the market mover accumulation phase has not started yet which mean we are still in the Distribution phase Wyckoff .
We currently are in a Downtrend ( Wyckoff Distribution Mark down ) , The volume is so low there is currently no accumulation or sign of market maker buying, I am expecting a drop test to 41k very soon.
Wyckoff's Accumulation schematic could predict minor strength of weakness if I'm not mistaken. I refuse to touch this stock for the number of times I've been burned. if price action looks good to Wyckoff's model I might actually go into my first short position and short this to hell and go long with insane leaps... I'm pretty sure This is the way.
BTC SHORT Descending Triangle Currently in a Bear market, This is a Bear flag to my beautiful eyes. Risk reward 1:2
Hi All, #BTC #BITCOIN Based on this Wyckoff model, this range is acceptable. If it breaks below this, then BTC is in trouble. Note the RSI currently is in a bullish div and way low in the over extended level. Please give me a like and a share, All the best, S.SAri Note the fib extensions match the bottom of the range
Hi All, #Wyckoff Method #GLMR #GLIMMER #MOONBEAM If you followed my posts, even better our group, you would have made some gains with this. Just wanted to share how accurate this Bottom reversal was aligned to one of Wyckoff accumulation model. Previous posts below. Please like and share, All the best, S.SAri strong resistance level 1.618
Nice breakout here on Turkey ETF TUR and close above 30week MA I'm long shares Technically looks like Wyckoff accumulation pattern with "Spring" action in DEC and now entering phase D Expect a little LPS pullback , but I remain bullish above 20 zone. First target 24 zone, implies 30 , and a possible break there , well it's been resistance since JUL 18 so...
Here Comes Nothing lol Wyckoff method currently in Distribution phase , Short time baby
I hope we can go follow this chart But we have to wait to check action of chart. I will not buy in this time.
It's easy to get scared right now. But just know that if we don't put in a local lower low (below 44200), there is nothing to be scared of. This Wyckoff pattern is still valid, and so it looks like we will visit the 52k resistance anywhere this week or next week. Just saying... haha Regards!
I think we are in the re-accumulation phase let's see what happens next