now we have a support point on the hourly chart developing situation so we will keep an eye on this situation and I will keep informed
There is a Daily area of Demand that price is heading towards. Price has recently created a new swing low on the 4h timeframe and I am looking for a upwards LTF BOS which will signify a pullback may occur within the swing structure. There is a 4 hour area of Supply that caused price to break past the weak 4h low.
the distribution phase was determined after which at the last point of testing the offer I entered the market
We are hoping to see some pickup on this pair after red rally, technical patterns are giving us hope
CLB core labs is ripping out of an accumulation pattern and above strong resistance at the 32 zone. I like it long above 32 , already up 9% on the day, will continue to add on dips.
First this idea is attached to another idea I've posted last year, you can find it attached to this one and it explain all the pattern we are working here: the Wyckoff Reaccumulation on Copper (HG1!). So you will find here, my entry, my plan for this trade and the update about the related idea. I will also do an update about the materials market, expectations and...
I have bin looking at a possible ghost trend without Hype and FUD calculated in. I think that BTC markets are currently over Hyped and need to go sideways for a couple of weeks This would result in the biggest BTC market bottom forever. This can also mean we have bin in a bear market/sideways trend seen before the first hype cycle coming above 30$k to the first...
Hi Traders, This is my view for this week on: - SPX500 FX:SPX500 - USOIL FX:USOIL - XAUUSD FX:XAUUSD - AUDJPY FX:AUDJPY - EURUSD FX:EURUSD - NZDUSD FX:NZDUSD I remind you that this is only a forecast based on what current data are. Therefore the following signal will be activated only if specific rules are strictly respected. If you follow my...
No SC, no apparent secondary testing. But price action at support and resistance still justifies the direction of the big-money's preference and bias of our market. The most important basis for bullish accumulation comes from the moderate decline at the top without volume, in addition the shocking behavior of the bottom telling a rebound. Combining the above...
On the BTC graph we have a beautiful scheme of accumulation wyckoff. The data and chart appear to be bullish and extreme volatility can fundamentally be expected in the coming weeks. The ongoing war allows you to speed up the cycle. The Fed will certainly raise interest rates. In this case, I encounter 2 positive and 2 negative points against each other. What can...
I've recently been toying with the idea of adding GBP/JPY to my trading pairs, so I've been observing the price action to understand how it behaves. GJ dropped like a rock at the end of this trading week! Here's how I would have gone about executing this position... At the end of February, bearish momentum stalled at HTF lows within the demand zone . On two...
Using the Wykoff theory there we have completed Phase A moving into Phase B. Key Terms in Phase A PS – preliminary support, after prolong down-move the buying begins and you can see the stock bounces with some higher volume. It shows the stock is approaching the bottom. SC – selling climax, panic selling by the public and it is being absorbed by larger...
It's hard to tell which phase of the Wyckoff Cycle Bitcoin is currently in, but if Bitcoin is currently in Re-distribution, then there could be a fakeout above the trading range (around $48k) before the next leg down.
Hello TradingView Family, this is Richard, and if you like this idea, kindly support with a like or a comment. I found BITCOIN chart as a great practical example of Wyckoff's Theory. Similar to the one I posted for GOLD a couple of weeks ago. (attached in the "link to related ideas section", to keep this one clean) BTC is overall bullish trading stuck...
Here for started something I have been mentioning, and was one of the many signs of the drop into the 35k zones. OVERALL, on the bigger pictures. ; After forming a beautiful distribution, and getting tf of it's demand absorbed at 43k-44k, btc made a aggressive drop leaving it's cycle on heavy supply, going for 34k. Next weeks are going to be interesting as...
Stock to Monitor: 1. Pentamaster 2. Greatec 3. Inari Sign of Weakness in the chart: 1. Red Pentagon below 20/40ma 2. Upbar low volume 3. UT and ND near 20ma 4. Negative Pentagon Flow 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...
Hi Traders, Please refer to the recording for a deeper look at the structure $BTC has been building! Wyckoff structure is being built once again but this time at an even more important level on $BTC Thanks MS