NOT FINANCIAL ADVICE NGL, I'm still a novice student of Wyckoff Method, but take this study with a pinch of salt, please. 19 MAY: Preliminary Support (PS) [First signs of market distress is seen. Supply is being dumped. 22 JUN: Selling Climax (SC) We see capitulation ending here 25 JUN: Automatic Rally (AR) Because intense selling pressure has gone,...
This is my 6 month outlook on ETH. I try to chart as unbiased and emotionlessly as possible. I learned to trade using Wyckoff's method and place heavy importance on supply and demand as represented by volume to back up any price movements. Plus I saw the new and very well designed Volume Indicator by @BobRivera990 and had to try it out. All price action is...
It looks like we're getting close to Phase E! One more jump up, then a small pullback, then blast off?!?!?!
www.tradingview.com This is my Watch List for all the stocks in my 200 list that are popping the cloud. Red Flag means already has a green Candle and either ready to go or watiing for a solid green candle with no wick to signal your in. No flag means red or in the cloud and waiting for Green Candle No Wick to close outside of the cloud to signal. These are...
I promised an update to my Wyckoff study of Bitcoin, and with the recent Alert from Glassnode that the balance of BTC on Exchanges is at a 3 year low, I feel we can plot another waypoint on the course towards Wyckoff Distribution. That is, we haven't reached the point of Preliminary Supply (PSY) yet, but this correction is likely the predictive marker that it is next.
FOREXCOM:EURUSD FX:EURUSD OANDA:EURUSD Everything is clear on the chart! One Short - One Long
London sells loading up. We are headed for the MSOW buy up price to the LPSY, then sell again during Fridays high impact news. Watch out for the liquidity traps being set
Good Morning everyone, in case you missed it my short position from yesterday is in profit about 70 pips right now. It’s not too late to secure an entry. Currently price is sitting around 1.37500. If this level can hold then price could make its way back up to 1.38000. This is an area where i will be taking another short position with a stop loss at 1.38175. Long...
These are the next Crypto Related Stocks that just cleared the Green cloud with the cloud moving up. OSTK the cloud is diminishing but I think it has room to go up still. Other than that on all of these I would look for a pull back to atleast half of the last Green candle move over the last 24 hours. Then find a place to get in once it closes Green going...
Based on everything you see here this si what i think NVDA should look like coming ut of its current move above the cloud. As with any big move froma negative setup to a positive you are going to have a dip to secure support. Then a move back to the upside. I would look for large wicks below and no wicks on top of any green candles after the dip. This would...
This is my personal perspective about CHFJPY using WYCKOFF accumulation method, CHFJPY potentially entering end of phase D accumulation, last important support was 116.900 (SL max)
EUR strengthens its position, despite the poor August data on the EU external trade. The trade surplus fell significantly from 20.7B to 4.8B euros, which was significantly worse than experts' expectations (16.1B euros). The countries of the Eurozone actively imported energy resources, the prices of which have noticeably increased recently, which was the main...
These are the 5 Crypto based Stocks that are above the Green Cloud and or facing the Green Cloud about to move up . On HUT 8 i did the key algo showing the last time it dipped below the cloud and made th is exact same move. It continues to repeat the move for a new higher before dipping below the red cloud again. If all of these stocks are doing the same...
Look for this to come down and recheck the support before it goes up to break the previous High. Also called Re-accumulation. If you look back its repeating this move over and over....sometimes support doesnt hold and it comes back down to the last level of support and starts over. So make sure its following the right path. You can also use the same VWAP I am...
Get ready for the long term bullish GBPUSD using Wickoff methodology accumulation phase analysis, GBPUSD in the middle of phase D accumulation..
"Amateurs think about how much money they can make. Professionals think about how much money they could lose." –Jack Schwager.
This is my perspective about gold (xauusd) using wyckoff method in re-accumulation phase scenario, gold potentially entering middle of phase c, and we waiting for the price action showing us alot of buyers entry the market with impulsive bullish or rejection from the bearish candle,on that time gold potentially entering phase D