An example of my deal When the euro was well caught against the dollar on the lack of demand in the liquidity zone
The market needs to eat before it can fly EN Hello to all cryptocurrency traders. I would like to share with you my current vision for $ BTC. We are creating a beautiful complex accumulation line that looks like a bear's flag on a higher timeframe, but the concept of smart money does not trade such patterns, so I expect a breakthrough and a retail trap that a...
Price action for XDB from March 14, 2022 to the present has been pretty remarkable. From a Wyckoffian perspective, we observe a hyperdermic distribution after the buying climax (BC) on March 23. The red arrows point to volume spikes. In these 3 instances they illustrate heavy selling. It’s possible that we have observed a local selling climax (SC) on April 7. If...
This chart builds on my previous ideas that I’ve shared regarding the BTC price since October, 2021. It appears that the BTC price has been observed in descending stepping-stone horizontal Wyckoff re-distribution trading ranges. The down trend was stopped on Jan 22, 2022 with a selling climax (SC) and the BTC price entered an upward sloping re-distribution trading...
Just an overview of my current theories. We'll see where to next. If the structure stays true to form who knows.
Wyckoff accumulation schematic Once the Wyckoff accumulation is over, the price will move sharply higher as demand will exceed support. Buyers will experience an impulsive bullish pressure in which most money is generated from a buying position. Target 50k +/-
The VET price had been observed in a horizontal re-accumulation trading range from Jan 22, 2022 to Mar 27, 2022. The VET price exited this re-accumulation trading range with the SOS rally. I will make a long entry at the BU/LPS event (around $0.07) and take profit around the next resistance cluster around $0.10. The upper and lower boundaries of the...
The DOT price has been observed in a horizontal re-accumulation trading range from Jan 21, 2022 to the present. The DOT price is pushing up against the trading range resistance in what appears to be an SOS rally. I will make a long entry in this presumed SOS rally (around $21.5) and take profit around the next resistance cluster around $28. I may add to the...
Great trade, based on Wyckoff Method coupled with 2x VWAP/100ma/Volume setup for price action. Exit at 44k respected beautifully. Bitcoin could be on the road to healthy bullish recovery if we pass 45k.
here we see the failed accumulation phase after which a long failed rally to the top was formed after which we see a sharp rally down the zone testing
Bitcoin has been ranging for a year now. this is typical of wyckoff distribution. Regardless of schematics working perfectly to a diagram. These are the signs of distribution I look for. The key areas to be aware of are: Volume, does it rise on supply, is there a response to attempts to push the price back up? Is there a clear buying climax to begin your trading...
How To Trade Supply & Demand, Wyckoff, And Smart Money Concepts like a BOSS! This is a quick tutorial breaking down a trade I took this morning, and how supply and demand, Wyckoff, and smart money concepts all tie in together. You do not have to know or understand Wyckoff in order to trade smart money, as mentioned in this video I didn't even realize I was...
One of my best trades to date. The price fell asleep along the breakout VWAP and exploded to target overnight, despite the FOMC meeting that same evening. Really happy to have I caught that move.
Wyckoff Trading Method is amazing to understand the market and the big players who move the market. The idea is to understand when the market consolidates and wether it is in a distribution/re-distribution phase or accumulation/re-accumulation phase. Wyckoff gives you a big Risk to Reward Ration if entered right. In the NZD/JPY attached picture, the price...
Here we have the moment of breakout for gold above the 2 year wedge trendline. Historic times !
WyckOff Distribution phase has been formed We should see a potential Sell
We've seen that AUDJPY, has been on a downtrend since the start of November, prior to that downtrend, AUDJPY, had a distribution phase forming at the top. Price has dropped ever since then and is now doing a correction, I believe we're in a re-distribution where after a prolong downtrend, the CO, has taken a pause to collect more orders before heading down. Now...
Wyckoff distribution pattern has been formed on M15 Chart Thus we should be able to see a potential Short position on GBPNZD Our 1st TP will be @1.99350 Our 2nd TP will be @1.98300