AUDUSD Smart money and Wyckoff accumulation schematic example
Hi guys, after realising that Bitcoin exactly followed the Wyckoff distribution schematic I tried to draw the Wyckoff accumulation schematic on the chart. Actually it works pretty well. You can find further infos here: school.stockcharts.com
Trade Proposal: There is a probability of first tp to the proposed ( 92 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short term goals. Technical analysis: USDOLLAR Waiting for the Range Bound and the beginning of the Ascension Trend.
WARNING: DO NOT TRADE ON THIS CHART I heard plenty of chatter that BTC formed a Wyckoff Distribution into the dip. Similar to $BTC, I see a fairly neat Wyckoff Accumulation here with $ALGO that may indicate we have seen the bottom. If this holds, we should go "back-up" and flip the resistance into support on a retest. However, I am new to this pattern and it is...
< #NotInvestmentAdvice > I previously published a version of this that I now believe was overly-pessimistic. With a couple additional days of hourly bars closed, I believe this updated version lines up the Wyckoff events far more accurately. In particular, I believe the Phase "A" events (PS, SC, AR, ST) line up perfectly according to their textbook descriptions,...
After a 50% drop we're looking potentially at the final phase of re-accumulation by smart money.
There's no point selling out at this point if you haven't done it already....another 4-50% losses to come in next days to weeks.... The best policy here is to just HODL as you've already taken a 50% loss. There market in my opinion will recover but it will take months. When there is a sign of recovery rally it will be obvious but will accumulate phase for weeks...
time will tell but very likely to happen.
After seeing some content describing the correlation between BTC's recent price activity and the Wyckoff Distribution pattern (many thanks to YouTuber "Uncomplicated"!) and seeing how perfectly they matched, I took the next logical step to project what it might look like if we transitioned directly into a Wyckoff Accumulation pattern. This Idea presents one...
Looks like we are in a reaccumulation phase on Ripple. I expect price to take out liquidity to trigger the block at the secondary test in phase b (STb), rallying up to fill up imbalance and then go for the final shake out at the spring. drop comments below on your take.
Confluences: Clear as day WYCKOFF accumulation schematic. I'd enter off the future spring around 520, taking Tesla all the way up to the ATH's/ This is not a swing trade, it's a position trade. Hence I'll be holding it for 2-4 years. Low risk-High reward. What do you guys think?
Hey Team, Don't understand why the world gets surprised when something goes down and neither should you; as a trader it does not matter whether the market rallies or falls, trade accordingly. I love all these gurus coming out saying "I told you should not have got in BTC or crypto". They miss the point and the gains that were made on the way up. These gurus say...
Trade Proposal: There is a probability of first tp to the proposed ( 0.86 ) Direction line. So, Traders can set orders based on Price Action and expect to reach short term goals. Technical analysis: CADCHF Waiting for the Range Bound and the beginning of the Ascension Trend.
The EURGBP is currently trading around the lower boundary of an Accumulation range, as postulated by the Wyckoff cycle theory. This range would likely serve as an intermediate stage before the beginning of a new uptrend. The three Fibonacci retracement levels outline the crucial targets for such an uptrend. Any traders looking to go long around the current...
NYSE:TGH $TGH - Accumulation on Weekly and Daily waiting for Consolidation on the upper side of the chart once supply Dries up
I think it will be a greater accumulation phase between 20k and 60k. Maybe the marketpeak will be end 2022 between 300k and 500k. That´s my favorite gameplan. Enjoy the ride and chill/hodl :)
BINANCEUS:DOGEUSD A Wyckoff Accumulation Analysis for reference late if confirmed.