Musk's announcement re bitcoin will get all the attention, but the recent stalled price action on bitcoin looks like large actors may have been keeping the price down. Checkout the Wyckoff action.
Looking at the 5m chart of this pair I noticed a similarity to the wyckoff accumulation schematic. It has been hovering around a daily key level for the day which would give the indication that the pair is ready to move. I'd ideally like to see a higher low being formed on the daily timeframe and look to get to higher highs. Please comment your thoughts if you...
A confluence of bearish indications Alcoa's share price is currently probing the psychologically significant resistance level at 40.00, which serves as the upper boundary of a major accumulation range. The latter's lower end is represented by the support level at 17.00. Breaking higher would prove quite difficult for the share price due to the massive selling...
Find out how to participate at the beginning of the potential bull run for these 3 Malaysia stocks - MYX:JFTECH , MYX:LUXCHEM & MYX:TELADAN .
Find out the these 3 stocks NASDAQ:FLL , NYSE:CLF & NASDAQ:CNTY under 20 that are ripe for swing trading. Catch them before they resume the bull run and skyrocket.
Waiting to see an accumulation around that zone next week as a confirmation
GBPCHF Wyckoff ACCUMULATION SCHEMATIC
After completion of a Wyckoff re-accumulation, these 3 Malaysia technology stocks - MYX:D&O MYX:QES and MYX:REVENUE set to rally to higher price targets. In this video, you will find out the revised price targets based on the Point & Figure price target calculation together with potential entry based on breakout trading or pullback trading strategy.
REITs have been one of the market outperformers in the last 3 months despite the increasing of the market volatility. In this video, you will find out the top 5 US REITs - NYSE:BRX , NASDAQ:REG , NYSE:UDR , NYSE:KRG , NYSE:RPAI poised to resume the bull run and start the markup phase (Wyckoff Phase E).
Completed all the accumulation phases. We see massive accumulation during spring formation. Now, this is an area for LPS. I will wait until stochastic is oversold below the previous dip Find the divergence in lower TF to be more complete.
This is an interesting but bold way of applying one of Wyckoff's schematics on the BTC/USD chart. Interesting for it's exactly the same accumulation pattern, and bold because this was meant to be applied on higher time frames. Therefore, I don't suggest trading this, only posting it for educational purposes. As you see, the scheme is broken down into different...
Short-term bullish on UWMC, but expecting new All time Lows afterwards. Seems like a Wyckoff accumulation phase is currently evolving - expecting the following to happen: 1. Hype before Q1 statement, driving prices up - supported by other relief rallies in other SPACS 2. Q1 Statement released, fomo buys made by people expecting 10$ to break 3. Short term...
Messed up the the sub-event previously, but after positive FA events, I expect this updated view as a possibility. Large insider buying recently, and 2 upcoming financial reports only 1,5 months apart could lead to a "Buy the rumor sell the news" followed by "retest of support"/"reaccumulation"/"letting MA's catch up"/"shakeout" - call it what you want, but the...
As shared earlier, the RSI(!) showed a Wyckoff Accumulation pattern. After recent price action, it seems that also the PA is following along. Major FA-events occured lately, and a good subscription could force a "buy the rumor, sell the news event", driving prices back down to the huge volume-defined base - holding this area, would strongly increase the theory...
Kinda seems like textbook Wyckoff Accumulation at this point. Nothing is guaranteed, but a markup phase should be just around the corner. Also, Bollinger Band Width is extremely low, so there is definitely room for a lot of volatility - which could also be to the downside. I'm bullish.
Let me know what you think of my analysis, i gave a short breakdown of what could happen leading up to the new event coming out next week, news brings volatility to the markets so from my knowledge of how banks trade i can find a great opportunity, like and comment if you agree!
Subscribing to a market research website made me take a hard look at Energy Trasfer NYSE:ET as an undervalued stock on its fundamentals. Well, I had no idea that I'd pick such a terrible time for entry. Thankfully, I may be saved by Wyckoff Events and Phases for Accumulation Check out this chart and compare it to how ET sits on a daily: school.stockcharts.com...