Hello there, This is BTC analysis by Wyckoff method After testing the trade range in LTF, BTC maybe in a distributed structure. It could test demand zone around 52k. This will be confirmed when we have SOW. Here, there is a selling opportunity with the Quasimodo structure. A short-term trade with low risk. Z Concepts is a free blog sharing how to use Wyckoff...
What’s going on, comrades? I have just looked at ADA (Cardano) and I wanna express my opinion about the possible price movement. You might have noticed that Ada is quite suffering from bears. As you can see on my chart, we have got a lot of supply zones and manipulation. And I would love to express my opinion about the possible outcome in this case. So, as you...
Analysis and trading of gold according to the Wyckoff method Today, gold ( XAUUSD ) broke out of the Trade range, Sign of Strength (SOS). Gold did not return to 1785 - where I was waiting in the previous post, but the price confirmed the accumulation structure according to Wyckoff. The price could rally to approach 181x today. Z Concepts is a free blog sharing...
Gold analysis by Wyckoff method IDEA 1: Gold ( XAUUSD ) is accumulating in the 15-minute timeframe. Yesterday, gold has shake-out out of the Trade Range and then back again. This is the way market maker sweep Stop-loss of retail traders. I was entered a buy order at the Test position of ST (1780). After creating the mSOS , the price also had a successful Test...
BINANCE:BTCUSDT is looking like it will go for a run to around $61,000 which coincides with the VWAPm and key area of trading activity. Key Observations Not visible on this chart, I have been looking at the orderflow and the $56000 area has a significant amount of buy limit orders absorbing the supply coming into the market. It looks as if supply is...
Gold Price Forecast: XAU/USD hangs near multi-week low, bears flirt with $1,800 mark Gold struggled to preserve its modest intraday recovery gains from a near three-week low. Hawkish Fed expectations, elevated US bond yields, stronger USD contributed to cap gains. COVID-19 jitters could lend support to the safe-haven metal and help limit the downside. Gold gained...
This post is analyzed according to the Wyckoff method and find the entry point according to the Quasimodo . structure USDJPY is most likely distributing at the 4h frame. There is a Quasimodo (QML abbreviated) structure after the price returns to the Trade Range. Wait to sell at LPSY when there is confirmation structure on small time frame ( LTF ). Reward - Risk...
Here is a long term outlook on the price of gold based on smart money concepts. We have a Wyckoff distribution schematic forming on the 1hr charts (visible on 2hr and 4hr as well) where as you can see the upthrust after distribution has tapped into a demand zone, mitigating previous orders from smart money, and likely fulfilling some type of markup campaign. It...
The economic calendar for next week looks relatively uneventful, which is likely to result in diminished trading activity. Under such conditions, the price action is likely to consolidate in a new Accumulation range, as postulated by the Wyckoff Cycle theory. Such a range is likely to span between the major support level at 1.12700, underpinned by the recent...
The question on my mind - is this some sort of double top formation that could lead to a decline in price? I am going try to answer the best I can with justification for why this is not, in my opinion, a double top and we are shaping up for push higher; at least to previous highs again and maybe a bit more(from there we analyze the price again). Justifications ...
With a Pop over the Falling Wedge Resistance on a 4hr this is looking extra Saucy with the Hammer Shaped Indecision Just hovering above the blood soaked candles below up.. Like beacon to all those who want or need money its just hovering like Superman as a sign of HOPE........or some crazed power hungry alien with lazer beams that come out of its eyes, ready to...
studied the range of btc in one hour all points are cleared in chart
Don't use mi chart to trade, i'm not a professional
Short The Market NAS100. Spring test, Market Will Probably Make 1-3 Tests of available Supply. So Stay within your position
Update: Shifted the prediction pattern over to the right to fit over the current dip in price. Done in order to gauge the accuracy of the movements.
Dodge is nearing the end of the trading range. Load up some coins and fasten your seat belt. I promise you this will be a sweet ride
The price action is currently attempting a breakout above the Re-Accumulation range, in what could result in a new Markup. Traders can look for an opportunity to go long just above the range's upper boundary (at 153.600). They can place a stop-loss just below the 300-day MA (in purple), currently at 153.360. The first target is the 38.2 per cent Fibonacci...
all the analysis I'm doing based on Wyckoff trading Method.