This is for short term And this is risky too. Please DYOR before entering the trade.
Re-Accumulation or Final Phase of Distribution with *UT - Failure to close above 200? We will find out soon. I am still Bearish but this will be interesting...
This is for short term And this is risky too. Please DYOR before entering the trade.
Most are familiar with accumulation/distribution schematics but, most are not familiar with reaccumulation schematics which you find in STRONG markets & have many similarities to distribution. There are a few ways this can go moving forward. The main thing to look for is the creek forming and the volume when the price action comes down to the lower of the range...
Technically this is the structure I'm looking for, confirmation should come with the secondary test (ST). But, my feelings tell me we haven't hit bottom yet. I speculate that the loss of the 20k support will make this accumulation happen with the Selling Climax (SC) hitting the 13k support, eventually with a BearTrap touching 6k.
Here is my take on current gold PA. We have successfully tested last week's highs and given a very choppy shakeout for bears to feed on. So far everything looks set for a re-accumulation, with FOMC as the catalyst for this move.
Long Term Wyckoff Re-accumulation Scenario. The Current price action has swept the lower resistance and closed above with a possible Morningstar reversal in play. IMO this is invalidated with any close below 28k USD.
Are we really doing this again? There's good news and bad news but also potentially even better news! I charted the recent down pattern of bitcoin to Wyckoff and have once again found a matching pattern to the Accumulation Cycle. You can see these accumulation phases in blue. I then noticed that the larger pattern could be a Wyckoff Distribution Cycle and...
An example of my deal When the euro was well caught against the dollar on the lack of demand in the liquidity zone
Just an overview of my current theories. We'll see where to next. If the structure stays true to form who knows.
LUNAUSDT Wyckoff Price Cycle, showing accumulation area and distribution area.
After finding Wyckoff reaccumulation zones on Ethereum AND Bitcoin. Now I see it on silver too. Please leave me your thoughts and feedback.
Possible multi-year Wyckoff reaccumulation at play here. My timeframe could be off but the idea is clear. Your thoughts and feedback would be appreciated, I'm new.
Possible Wyckoff reaccumulation zone, my timeframe could be off but the picture still stands. It's my first publish please give me your thoughts and feedback.
Here we have the moment of breakout for gold above the 2 year wedge trendline. Historic times !
I saw sort of a similar idea on twitter a couple weeks ago and i found it very interesting so i started looking at it myself. Even though there is alot of different wyckoff schematics, i picked out just a single one who looks alot like the bitcoin chart. (notice the creek being formed right now) In a re-accumulation it's important to look at the volume and the...
WHAT WE HAVE Daily Wyckoff Reaccumulation pattern Monthly / weekly linear up trend Bull monthly channel (waiting for contact with resistance) WHAT I THINK One of the best view we can see here for a reaccumulation and continuation setup. This isn't a signal for entry on market for the moment but here we have the context. Should we expect a spring ? No,...
The price movement created a trendline at the retracements of the price to the downside. There's a slight liquidity zone just below it, so we are watching this area. If 1.345 is taken out, then we're entering the liquidity zone below and will be looking for trades there. In the meantime, keep calm and safe trading.