Those of you who know me know I **LOVE** finding completed Wyckoff Accumulations. Today is a good day, because we found another one.
Introducing $UUUU. This stock has recently completed ~6 years of accumulation and appears to be in the early stages of markup. If you go through my related ideas of some other assets that have had similar setups, observe how...
Wyckoff accumulation schematic.
We are currently in Phase B. (We arrived from a daily distribution schematic)
I'm expecting a spring formed that catches the liquidity below the equal lows and below the selling climax.
Only After that, I can see BTC recovering to at least 50k per coin.
Right Now I am still holding my BTC and will add more with this liquidity scoop...
Tal Education Group appears to be in Phase D wyckoff accumulation ... Phase E is next which would indicate further upside.
Good Risk Reward Idea in my opinion, starter long common position here, trailing 10% stop loss.
Idea is based on Wyckoff theory. Although the price action has elements of distribution present (e.g. the lower low on the secondary test in phase B which could indicate a minor sign of weakness), I believe a more probable scenario is that we are currently still in an accumulation phase. Price held at the selling climax level and both supply and downward result...
GBPJPY Accumulation scheme entering the end of phase D accumulation and has the potential to enter phase E to reach the SOS target 162,900 (sign of strength) and after forming LPS (last point Support) GBPJPY will enter the public participation phase.
Wyckoff Accumulation - We are at Phase D and we are heading towards the Last point of support (LPS). From there we should see a bullish move.
This is purely based on technical prediction. This is not financial advice and please DYOR
Given here is the SHIB USD price activity in the scaping group of time frames (1 min, 3 min, 6 min, 12 min, 23 min, 45 min, 90 min, 3 hour) with the Phoenix Ascending indicator, which is comprised of the green exponential moving average (EMA), red stochastic relative strength index (sRSI), blue least squared moving average (LSMA), and the white energy (WE).
...
Hello traders!
Looking at the 15M timeline for a bit more 'resolution' in the bar chart. It helps show the Wyckoff pattern well.
I do believe that's what is going on right now. Enjoy some accumulation time and lets hope we get a spring for a bit of an extra dip to buy on.
Have a great rest of your week and I hope you enjoyed some great profits from the last...
This is the pattern that has sustained my faith in BTC price increases since the may crash. Buying the lows at 30k and 40k.
If you look at the volume, it matches as well.
It could all be coincidence, but even if somehow the market as a whole is the cause of this Wyckoff accumulation and distribution repeating (which I doubt), it is not something to ignore.
You...
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Due to recent events of an unprecedented and MASSIVE rally to the upside on the test level buy order block at 1721, are we finally at the dawn of that long ride towards the +2000s again ?
Daddy Wyckoff seems to agree to that so far ...
Wyckoff accumulation thoery can be read in the link below :
stockcharts.com
Crossing my fingers now and hoping for Bitcoin to finish Wyckoff pattern so we can see a bull run soon. Also the spring area can actually be at 5.9-6.1K level.
Enjoy the idea!
Good Morning everyone, in case you missed it my short position from yesterday is in profit about 70 pips right now. It’s not too late to secure an entry. Currently price is sitting around 1.37500. If this level can hold then price could make its way back up to 1.38000. This is an area where i will be taking another short position with a stop loss at 1.38175. Long...
Right now price for GBPUSD is heading towards our first take profit on this ride we are about to take. Price is playing out as Wyckoff Accumulation on the Daily timeframe. We are currently still in the spring phase. If you want to know what Wyckoff method is google it and you will find good examples. I have labeled price targets as well as long and short positions...
Wyckoff accumulation- started to learn Wyckoff because it's very powerful when you add this to your trading.
This is my Wycoff chart markup for EURUSD.
