$DLT just made 400% and looking to do more on the continuation of the trend. Lets see $DNT can do. -Exaggerated Bullish Diversion -Falling wedge -Long term support Goodluck! Not a Trading Advise!
Hi friends! Welcome to Poop's Wyckoff Analysis on $BCHSV. BCHSV is showing signs of a textbook Wyckoff Reaccumulation. What we have seen so far? -There was a pause on a prior uptrend. The prior uptrend was backed by strong volume. -There was a case build for a new uptrend, a 6 weeks of consolidation within the re-accumulation trading range. -RSI divergence...
Hi friends! Welcome to Poop's Wyckoff Analysis on Komodo. Ever since I learned about Wyckoff Method, I began to include it in my trend trading strategy for the simple reason that it is among the best tools a trend trade could use to spot bottoms and top formation. Today I'm showing you how it looks on $KMD Chart and hopefully aid you in your trading. $KMD is on...
Charles Schwab (SCHW) Entering Mark Down Phase Distribution Phase Observations: -Upthrust (Failure to mark Up) - Uptrend Line Broken - Sign of Weakness (Fall Thru Ice) - RS Negative - FFI Negative 1st Target: US$42.96 Comments: Trading risk will be reduced, if entry when price makes an LPSY to retest previous Ice (support-turn-resistance zone) Risk: A break...
Possibility of wyckoff accumulation that has been finished which could cause us to rise up to 4.7k
Greeting to everyone! Time flies, I haven't posted much recently, but this chart seems important to me, so I decided to share it. Some may call it hopium, but I WANT TO BELIEVE! :) The current BTC state reminds me a lot of Wyckoff accumulation method. So this is <<>>. d.stockcharts.com Also, the recent BTC crash didn't affected ALTS much (yet). Now we can...
It looks like we have small accumulation on 1H on the bottom of Spring from my first analysis. I don't think it will be spring on this interval.
Called the bottom in my Telegram group in late October. Easy Wyckoff Method spotted (accumulation, then spring). Now currently in the markup phase a re-accumulating for low-risk buys. From a standalone TA perspective this pair broke the major downtrend of this year and AUD itself is oversold. Expected price target is shown above. t.me
While almost every trader is focused on derivative indicators, subjective chart patterns, Elliot Waves and other abstract objects or collective illusions (which rarely come true through self-fullfilling prophecies), the only way to be closer to the right outcome in your predicitions is to see the market how it really is. Price can change only when limit orders in...
EURGBP shows bearish momentum on monthly, weekly and daily charts.
Click here to learn more about how I use the indicators below and Click here to get my complete trading strategy! Please be advised that I swing trade and will often hold onto a position for > 1 month. What you do with your $ is your business, what I do with my $ is my business. My most recent Bitcoin Bubble Comparison - 3 Day Chart led to the following...
Good spot to long $CHK if you are a Wyckoff student. This accumulation trading range has produced significant cause with conservative projected target of $24. 9 buying tests: 1. Downside price objective accomplished? Yes 2. Preliminary support, selling climax, secondary test? Yes 3. Activity bullish (volume increases on rallies and decreases on reactions)?...
THE ACCUMULATION PHASE HAS ENDED. LOOKING FOR A RETEST IF PRICE RESPECT LIKE IS DOING WITH LOW VOLUME WE COULD SEE THE BULLS TAKING CONTROL UNTIL THE 2 PHASE OF ACCUMULATION
In accordance to market situation I found opportunity for two short position @ ES1! First one initiated already: ET@2875.50 ST@2884 TP@2850 For conservative traders: You can wait test of resistance area (but train leave station already) and initial entry point can be changed to follow: ET@2879 ST@2886 TP still same @2850 Second trade ( or...
Who whom looking for god low risk/high reward trade here is point. Wayt for low volume tes of 1.15830 area and as soon we get confirmation go long. SL @1.15240 and TP @1.18495 You can add you position @1.17005 and @1.17500 CME:E61!
G'day, We are looking at the bears last stand, if we cross above this trendline aNd stay above it will be a VERY BULLISH SIGNAL. in saying that it will be deep with shorts looking to defend a lot of underwater shorts. Play safe, I am looking at a corrective wave after we bounce off of either the 200 ema on the Daily or the trendline itself. I have buys in at...
In December, we saw a big selloff and High Volume in NEO. With almost half the volume, they pushed the Prices up, and a trading range was established. Since then the market has been tested twice (ST) with very low Vol. and then we saw a spring. According to Wyckoff, this is the time to get in the market. The trading range should test the top again- perhaps this...
The present price action is supported by 50dma , the long term trendline and the 0.618xa of the bullish bat in formation SO with such supports, an entry on the long here makes sense.. But there seems to be a bear flag and the price action might temporarily breakdown to the PRZ limit of the BAT and spring from the LPS LAst point OF support ..Another/alternative...