This chart describes a typical Wyckoff Accumulation Scheme. Although Phase E is already in effect for a longer time now, considering market conditions and sentiment, I think the Distribution Phase is not anywhere near currently, especially not on the daily timeframe . I got a decent entry on this one earlier last month, and just wanted to share this chart with...
Bİtcoin making wyckoff distribution formation. You can see the process in the chart. I think we are nearing the end of "Phase C" now. Then there is "Phase D". Of course you know the meaning of this stage.
Already posted an idea about it, and upside are gonna happen on this one. Here it is, still looking amazing When analyzing a TR, we are first seeking to uncover what the law of supply and demand is revealing to us. However, when individual movements, rallies or reactions are not revealing with respect to supply and demand, it is important to remember the...
Basic Introduction to the Wyckoff Method: school.stockcharts.com Current Schematic: ibb.co Old Ideas: --------------------------------------------- Trading ranges ( TRs ) are places where the previous trend (up or down) has been halted and there is relative equilibrium between supply and demand . Institutions and other large professional interests prepare...
Idea is based on Wyckoff theory. Although the price action has elements of distribution present (e.g. the lower low on the secondary test in phase B which could indicate a minor sign of weakness), I believe a more probable scenario is that we are currently still in an accumulation phase. Price held at the selling climax level and both supply and downward result...
Dip buy on this one waiting for it to drop down to the alst level of support and then moon shot. by iCantw84it
Phase D The Phase D represents the transition between the Cause and Effect. It stands between the Accumulation zone (Phase C) and the breakout of the trading range (Phase E) . Typically, the Phase D shows a significant increase in trading volume and volatility. It usually has a Last Point Support (LPS) , making a higher low before the market moves higher....
Hi All, my take on AUDCAD via Wyckoff Analysis. Let me know what you all think about it.
Can see a Wyckoff Distribution pattern forming on the 1HR chart, If price break down support on phase D, BTC price can go down from here to 2 Demand zone (GREY AREA) 1st area 45k, 2nd area 43k, Potential Short term short set up but we need confirmation from phase D to go forward with phase E.
Well well well, This might be an opportune trade for swinging. I see a nice distribution forming on the monthly time frame for usdzar . Keep your eyer on this pair.
It is too early to pre-empt whether xlm is truly in an accumulation. That not withstanding, I have identified a zone were price may react from if it happens to be an accumulation. Hopefuly we will see the ST(b) form. This is of course if we experience btc bearishness soon as all crypto bends their knees to BTC. Happy trading
Chart shows the possibility of the Wyckoff Method Chart Pattern and it's target.
If you haven't read up on the Wyckoff method i suggest you do. NASDAQ:COIN
ALICE finished phase D in Wyckoff pattern. Now is moving on. My next target for ALICE is 38$. NFT is moving on everyone.
BAKE finished phase D in Wyckoff pattern (H1). Now is moving on.
Ethereum finished phase D in Wyckoff pattern (H1). We can setup a buy limit at 3300$, target 4350, stoploss 2950 (leverage x3, x5). Risk reward ratio: 3. Peace.
Due to recent events of an unprecedented and MASSIVE rally to the upside on the test level buy order block at 1721, are we finally at the dawn of that long ride towards the +2000s again ? Daddy Wyckoff seems to agree to that so far ...
Amazing example on Dow Inc. of a Trading Range following Wyckoff Distribution Schematic #2. ------------------------------------------------------------------ What is a Trading Range? ------------------------------------------------------------------ In an trading range there is a equilibrium of Sellers & Buyers causing price to move sideways but unknown to...