S&P 500 short targets from distribution $3250-$3450 area
Revising my #Bitcoin down target to $15,500👌 In the redistribution range, I should have counted from LPSY → AR instead of LPSY→ SC...
BTC TF-H4 technical analysis Today on 16.07.2022, the price at which bitcoin is traded is 20605 USD. Approximately 4 weeks the price action is in a period of consolidation that is between the quotas; * 21606 USD upper limit (supply zone) & * 17599 USD lower limit (demand zone) We also have an elliott wave sequence with three impulsive waves and 2 completed berish...
Bitcoin Wyckoff Analysis P&F Chart Chart Settings: Box: 250 Reversal: 3
The BTC price continues to be observed within a Wyckoff re-distribution trading range (to be confirmed or to fail) with the upper bound given by the automatic rally (ARa) daily high and the lower bound given by the selling climax (SC) daily low. The secondary test (ST) on July 3 had a Spring-like effect, catalyzing a very nice rally (+19%) that wicked above the...
AUDUSD Technical analysis Cause, distribution, equilibrium sequence between demand and supply between quotas , supply zone 0.72650 & 0.68297 demand zone . Supply greater than Demand! Implications, bearish! Pattern Drop base Drop! Effect generated by approx 460 pips. SL 0.69269 Entry , sell! 0.68155 TP 0.63476 ⭕ = circle ⏹ = square 🔺️ = triangle Unit = ⭕...
Topglove chart again!? It must be very “boring” as I “re-access ” my ideas again and again on Topglove chart..BUT since I personally invested on it I never treat my hard earned money lightly..
EURUSD Technical analysis Cause, re-distribution, equilibrium sequence between demand and supply between quotas , supply zone 1.07903 & 1.03509 demand zone . Supply greater than Demand! Implications, bearish! Pattern Drop base Drop! Effect generated by approx 260 pips. SL 1.04734 Entry , sell! 1.02844 TP 1.00251 ⭕ = circle ⏹ = square 🔺️ = triangle Unit...
The Nasdaq 100 index (NDX) price continues to be observed in a down trending Wyckoff re-distribution trading range. The NDX price broke the support of the previous trading range on Jan 18, 2022 and the downward price move was halted several days later with the selling climax (SC) event. Here I offer two scenarios for the future NDX price: (1) a bullish scenario,...
So I've been wondering how to differentiate between accumulation and redistribution. Today I realized that it's possibly just a matter of watching what happens after the sellers climax / Spring: If after the SC we directly get aggressive AR (breaking previous Lower highs) and some STs (AR morphing into BC) then we'll wait for the UT and know we've switched...
I made a previous Wyckoff chart too early on and I imagine lots of Bears were expecting a dump a lot earlier than how it actually happened. Now we are at this point, the situation is very clear. I can see this whole dump has been circled around the Monthly close. Now sometimes, there will be an initial Bull trap pump on the Monthly close, so I won't be setting...
As proxy for defensive sector play, we choose Consumer Staple and new-IPO company (growth consideration as added value). The price is the lowest range since IPO, so we think the value has emerged for accumulation and will monitor the progress.
EURJPY Technical analysis Cause, re-accumulation, equilibrium sequence between demand and supply between quotas, supply zone 140.050 & 134.802 demand zone . Demand is greater than Supply ! Implications, long! Pattern Rally base Rally ! The effect generated by approx 378 pips. SL 140.410 Entry, buy! 142.070 TP 147.000 ⭕ = circle ⏹ = square 🔺️ =...
CHFJPY Technical analysis Cause, re-accumulation, equilibrium sequence between demand and supply between quotas, supply zone 136.247 & 131.987 demand zone . Demand is greater than Supply ! Implications, long! Pattern Rally base Rally ! The effect generated by approx 580pips. 1 SL 138.749 move to pozitiv 304 pips 1 Entry, buy! 135.729 1 TP 145.401 2 SL...
Based on the 1 hour chart you can see obvious re-accumulation and that should be solidifying within the next hour by 6pm-7pm. There should be a clear sign of movememnt up if everything went according to plan for this move. target is the last previous high before it dipped down to where it is now. by iCantw84it 06.17.22
we need to claim levels back. after reclaim going back to grabe some more liq. should be perfect for printing some divergent on the chart.
Testing out some new things and Wanted to document this. I think by the end of the blue line at the bottom price should pop signifying it has hit absorption. Pull back into 7 for the final dip into liquidity and then pop again right at the vertical line after 7. This will be its move out side of this box it has created with the price action and the move for...
This is a break down of spy and what could happen on the next day or two. I'm using wyckoff with cycle theory to break down what is happening and what it wants to achieve. The cycles are a product of some info I got in a dream and I have been analyzing what that info means and how it pertains to the market. by iCantw84it 06.15.2022