Wild_ZA

Wild_ZA

Beautiful real-time example of WYCKOFF Distribution happening currently with Gold. 1. PSY = Preliminary Supply 2. BCLX= Buying Climax 3. AR = Automatic Response 4. ST = Secondary Test under BCLX 5. SOW = Sign Of Weakness 6. LPSY = Last-Point of Supply (Usually PSY=LPSY***) Wyckoff distribution is the Systematic selling by Institutions.

Wild_ZA Updated 

Supply Zone reached Lower Highs and Lower Lows forming. Distribution phase. Spring now before final drop before 1760

Wild_ZA

WE NOW AWAIT FOR CONFIRMATION FOR PHASE D TO BEGIN. Backed by DXY Strength

Wild_ZA Updated 

Price needs to make one more downside move before Bull run continues. Price is in an Accumulation phase on the daily. Supply zone in red is where Smart Money is shorting - I have learnt to trade with the institutions.

Wild_ZA Updated 

Price has been ranging since beginning of April. Megaphone pattern identified at key psychological level 1.8000 Expect price to do one of two things. 1. Break out in bullish direction and reach Price Target 1.8250 2. Breakout in Bullish Direction and reach Price Target 1.7800 Let me know everyones thoughts. This is my take on GBPAUD. Waiting patiently for...

Wild_ZA Updated 

Scaling in with another buy after seeing a bullish flag formation and a retrace of the 50% Fib level. Happy trades

Wild_ZA Updated 

The wedge is my favourite setup to trade: WHY? - Sniper entry (Low risk:reward ratios!) - High probability setup. - Indicates market is preparing for big move to up or downside. Important to practice patience with this setup. A lot of fake breakouts can occur. Recommend waiting for the break and RETEST CONFIRMATION! On a higher time frame. Overall bias is to the...

Wild_ZA

SHORTING GBP/USD from 1.38000 to 1.36000 - 1.34000. CONFLUENCES: - Sterling Sentiment overall bearish - Down trend continuation - 68.1% FIB - TRENDLINE BOUNCE - SUPPLY ZONE Waiting for confirmation of markdown. Currently in distribution phase of Wyckoff. (Lower timeframes) Entering shorts week ahead unless trendline has been broken - Bias change.

Wild_ZA

Looking at shorts from 152.00 level to 150.00 level. Fundamentals in favour of JPY. With overall bearish sentiment on the Sterling. Confluences: -78.6% FIB - Supply zone reached, that aligns with the 152.00 psychological level. - Down trend - 4th bounce on trendline Waiting for breakout on 15 min Time frame before entry.

Wild_ZA Updated 

Looking at turning my idea into profits - one of the most challenging things a trader must learn. Everyone can get their analysis right, but can they extract profits effectively from the market! That is the most important thing as a trader. Price has broken the descending trendline. Expect to see a wedge forming on 4 hour. Third bounce on ascending trend,...

Wild_ZA Updated 

35000 is my price target for US30 by the END OF THE MONTH!

Wild_ZA Updated 

1. HIGHER LOWS FORMING 2. 3RD BOUNCE ON ASCENDING CHANNEL 3. NEW HIGHS FORMED 4. TRIANGULAR WEDGE FORMING BEFORE IMPULSIVE MOVES 5. BIAS TOWARDS UPSIDE, HOWEVER CAN GO EITHER WAY LOOKING FOR BREAKOUTS

Wild_ZA

1. Confirmed Doji on 4Hour 2. Resistance zone 1814-1815 3. Break of weekly trendline- RETEST Expected 4. Retest of Consolidation @1795.26 5. S/L Hunting Stop-loss is set for breathing room because gold is volatile and can wick. Price ay retest 1825.00 level, if it does, I will get in again for a sell.

Wild_ZA

IMPULSIVE MOVE TO THE UPSIDE AS EXPECTED!