In my previous publication, I opened a long position at what I thought at the time was a selling climax (SC). My analysis was incorrect, as what I thought was a SC was, in fact, a preliminary supply (PS) like event. The PS is known as the first concerted attempt to stop the down trend. Lesson learned. Nevertheless, the BTC price has entered another Wyckoff...
Which comes first, the chicken or the egg? With recession talk being forced upon the economy, and many negative economic factors likely playing a huge role, it begs the question. With a understanding of Wyckoff and how large institutions transfer money, one could see how the looming recession may not be such a unlucky series of events?
SP500 Increases the probability of a fall of approx -50% , bear market
EURUSD Technical analysis Cause, re-distribution, equilibrium sequence between demand and supply between quotas, supply zone 1. 05916 & 1. 04703 demand zone . Supply is greater than Demand! Implications, bearish! Pattern Drop base Drop! The effect generated by approx 170 pips. SL 1.05346 Entry, sell! 1.4040 TP 1.02350 ⭕ = circle ⏹ = square 🔺️ = triangle Unit =...
AUDJPY Technical analysis Cause, distribution, equilibrium sequence between demand and supply between quotas, supply zone 94.346 & 90.744 demand zone . Supply is greater than Demand! Implications, bearish! Pattern Rally base Drop! The effect generated by approx 500 pips. SL 92.084 90.528 Entry, sell! TP 84.895 ⭕ = circle ⏹ = square 🔺️ = triangle Unit = ⭕...
Bitcoin has been consolidating inside of a range since the beginning of 2022. This range is showing obvious signs of a distribution phase (manipulated highs/higher highs). Right now it seems like there are equal lows at around 37k ready to be wiped for liquidity. There is also a daily supply zone at 46-48k which I think price is very likely to tap for one more...
GBPUSD Technical analysis Cause, RE-distribution, equilibrium sequence between demand and supply between quotas, supply zone 1.23805 & 1.2275 demand zone. Supply is greater than Demand! Implications, bearish! Pattern Rally base Drop! The effect generated by approx 300 pips. SL 1. 24628 1.23349 Entry, sell! TP 1.2000 ⭕ = circle ⏹ = square 🔺️ = triangle Unit =...
NZDUSD Technical analysis Cause, distribution, equilibrium sequence between demand and supply between quotas , supply zone 0.65386 & 0.64141 demand zone . Supply greater than Demand! Implications, bearish! Pattern Drop base Drop! Effect generated by approx 246 pips. SL 0.64953 Entry 0.63459, sell! TP 0.60996 ⭕ = circle ⏹ = square 🔺️ = triangle Unit = ⭕...
NZDJPY Technical analysis Cause, distribution, equilibrium sequence between demand and supply between quotas , supply zone 86.986 & 84.194 demand zone . Supply greater than Demand! Implications, bearish! Pattern Drop base Drop! Effect generated by approx 200 pips. SL 83.060 -MOVE POZITIVE TO BRAKE EVENT! 83.190 Entry , sell! TP 81.031 ⭕ = circle ⏹ =...
Just an observation... This is an overlay of Apples stock price during the 1998-2000 bull run and subsequent crash resulting in a ~80% loss in value. I find it striking how similar they are, and how the end result will adhere remarkably well to, Elliott Wave, Wyckoff and Gann theories. Given the financial status of America, and the current lack luster of Apple's...
This chart builds on previous ideas I’ve shared regarding the BTC price action since October, 2021. In a previous publication, I stated that we likely had observed a shakeout (SO)/sign of weakness (SOW) in potential Phase D of Wyckoff re-distribution. I presented a scenario that would confirm my idea (solid red line). According to this scenario, we would observe a...
Are we really doing this again? There's good news and bad news but also potentially even better news! I charted the recent down pattern of bitcoin to Wyckoff and have once again found a matching pattern to the Accumulation Cycle. You can see these accumulation phases in blue. I then noticed that the larger pattern could be a Wyckoff Distribution Cycle and...
Previously, I’ve demonstrated stepping-stone descending horizontal Wyckoff re-distribution trading ranges for BTC. The fact that the BTC price action broke the trading range support to the downside for a sustained period of time supports the notion of a re-distribution trading range. I opened a short position near the trading range support ($41,313). Since then,...
NZDJPY has been trending up for a long period of time, so I know price will pullback eventually. I've noticed price has now entered a consolidation phase, due to price being exhausted from the endless uptrend, in that consolidation, price has done the peak high, so any short scalpers are now coming into play and trade away from the high. There is a support level...
Toward the end of last year, I posited the idea that QCOM was executing a "fake-out break-out". Bears get trapped after a failed consolidation then get short squeezed higher. Instead of trading to new highs, QCOM has only consolidated in a range near ATH. This leads me to believe that distribution is occurring near ATH. This is a major piece to wyckoffs price...
no demand after the distribution zone after the distribution zone we see a check of the herd on the rise in the form of no demand
US30 showing a clear Wyckoff pattern on the weekly as shown with events and phases labeled.
Strong sellers at 40.5k Market is making Lower Highs meaning the downtrend is not over, I am expecting to see 39.5k very soon.