Wyckognito

Wyckognito Updated 

The US500 appears to be working through a classic Wyckoff reaccumulation phase following a strong rally during price mark-up. After a swift move upward, price formed what looks like a Buying Climax , followed by an Automatic Reaction (AR) and now an Upthrust at the recent highs. So far, volume and delta behavior are aligning well with this. During the ...

Wyckognito Updated 

This is a follow-up to my last ETH idea, where I called for accumulation and a breakout from the falling wedge — price hit the exact target I mapped out, and since then, the behavior has shifted. We are now seeing the classic signs of distribution forming. It began with smart money stepping in selling into strength, which led into preliminary supply . That was...

Wyckognito

We’re observing a textbook Wyckoff Reaccumulation unfolding on Gold Futures (4H), with somewhat clean volume behavior and alignment with recent lunar cycle activity — pointing toward a potential Wyckoff Phase D launch. Wyckoff Breakdown: 1. Buying Climax established the range. 2. Automatic Reaction and Secondary Test defined support and resistance. 3. A...

Wyckognito

Looks like we may see a nice pull back this weekend. Price has failed to break the labeled Buying Climax and is showing signs of a reversal. Retracement could be back to the last point of support around $1655. Here it can accumulate and continue its up move. I have posted a Idea targeting $2700, I still think this could be in play

Wyckognito

NYSE:BABA has gone on a crazy run this year showing signs of strength. Recently price has stall out leaving us at a cliff hanger. The bull run was more than likely fueled by large investors accumulating shares at previous years lows as shown on the chart. In Wyckoff that typically happens in Phase B, the cause building phase. During this phase price consolidates...

Wyckognito

The pair seems as if it may be looking to continue the downtrend. I have identified a possible redistribution pattern. The recent "upthrust" could be the last up move that is typically used to trap buyers. Could be too soon to tell but keep an eye on price falling back under resistance and preliminary supply on strong sell volume for confirmation.

Wyckognito Updated 

We could be seeing a big up move here this weekend. Wyckoff accumulation is almost complete, if support holds we should see a breakout of the falling wedge. However, I think this will be a huge trap to shake out sellers, so be looking to take profits.