BTC grabbed liquidity on the higher timeframe (51900 area) before having a big accumulation on the 4H timeframe. This accumulation formed in a support area where I am looking for a good "spring" for a much beautiful and better Wyckoff Accumulation, although it is materializing now, It's whole alot better if it grabs liquidity on the strong support. Hence, My...
i believe that one wakoff dude pattern is playing out, to the moon. 🧠 DYOR ofc and follow proper risk management
Market in downtrend for a while and its form a redistribution schematic.. orders are evenly distribute in respected areas....
If there is one thing that I enjoy doing in the markets, it is speculation, and I find it particularly enjoyable trying to find where the market is building liquidity, for what better reason, than to take advantage of it and make that all-important moolah! xD BTCUSD has shown its hand and, after developing, what I would describe as a weak triple top (weak because...
BINANCE:BTCUSDT is looking like it will go for a run to around $61,000 which coincides with the VWAPm and key area of trading activity. Key Observations Not visible on this chart, I have been looking at the orderflow and the $56000 area has a significant amount of buy limit orders absorbing the supply coming into the market. It looks as if supply is...
The question on my mind - is this some sort of double top formation that could lead to a decline in price? I am going try to answer the best I can with justification for why this is not, in my opinion, a double top and we are shaping up for push higher; at least to previous highs again and maybe a bit more(from there we analyze the price again). Justifications ...
Dodge is nearing the end of the trading range. Load up some coins and fasten your seat belt. I promise you this will be a sweet ride
BTC could proly be headed for the spring then head up. Upon confirmation, this trade could a nice risk to reward ratio
Remember that these are schematic patterns, meaning price action could have a similar trajectory, but it is important to learn about the characteristics of each phase and how to determine the differences in each one. Volume is a huge component of Wyckoff so see below for my favorite free resources to help learn more about Wyckoff: Wyckoff Re-Accumulation...
In this backtest I am relooking the re-accumulation on a diagonal TR that happened on the 1721 bullish breakout for gold, and where to place a tight entry on the LPS/SOS. This is purely for education purposes.
I noticed earlier today the first signs of a Wyckoff distribution pattern being filled, and was later confirmed by strong Sign of Weakness below the days Lower Low. A series of Last points of Supply following the Upthrust and we were set to complete phase C and D. We are now expecting gold to continue its slope to range in lower levels. 1760 is to looking...
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
Wyckoff’s Schematics The Accumulation and Distribution Schematics are likely the most popular part of Wyckoff’s work - at least within the cryptocurrency community. These models break down the Accumulation and Distribution phases into smaller sections. The sections are divided into five Phases (A to E), along with multiple Wyckoff Events , which are...
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....
Gold can some times be a pain in the ass but a good pair once it goes your way. It has been building liquitiy for a whole year now. If we experience consolidation of price in the coming days just watch out for a bull run before a nasty fall happens. Longterm we are bearish but sellers in the markert must be reduced. I hope this gets out to as many people as...
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