dee718

dee718

Examining the present chart, it becomes evident that it embodies the characteristics of a low-volume pressure test, notably occurring at a markedly low point within the price action. This condition offers the potential for a relatively unimpeded progression through the existing price gap, encountering minimal opposing forces. Within the realm of Wyckoff analysis,...

dee718

Observing the current chart, it appears to exhibit characteristics of a low-volume pressure test occurring at a significantly low point in the price action. There is potential for this condition to facilitate a relatively unhindered traversal through the existing price gap, with minimal counteractive forces. As customary in Wyckoff analysis, the most telling...

dee718

During the December Friday trading session, it is evident that market dynamics have already played out, indicating a clear trend. Given the inherent uncertainty in financial markets, it's crucial to recognize that these projections and target areas are provisional. While predicting future market movements remains challenging, we can make certain assumptions. The...

dee718

The concept of "testing" emerges as a critical facet within low-volume buy signals, warranting comprehensive examination due to its recurring significance in subsequent discussions. Notably, high volume, or heightened trading activity, signifies selling pressure during a mark-down phase, a phenomenon encompassed by the term "testing." Tests can take varying...

dee718

The discernible emergence of a linear trend is evident within the data, displaying a consistent upward trajectory. Notably, a well-defined mid-point has materialized, signifying a pivotal juncture warranting careful consideration. It is advisable to exercise caution when contemplating an entry into a long position, particularly given the elevated current price...

dee718

Upon macroscopic examination of the daily time frame, a pronounced and aggressive bearish trend is readily discernible, with prevailing market forces continuing to exert downward pressure. Nonetheless, it is pertinent to note that, in the context of long-term valuation, the asset's price remains at a comparatively depressed level. Such undervaluation often acts as...

dee718

At data point (a), the financial instrument in question manifests a significant bid-ask spread downturn concomitant with elevated trading volume, typically construed as a bearish indicator due to prevalent selling pressure. However, subsequent market activity contradicts this hypothesis, as the asset not only stabilizes but appreciates. Such a divergence suggests...

dee718

The chart patterns delineated, particularly on the 30-minute timescale, offer unequivocal insights into the temporal dynamics of market movements. A common pitfall among retail investors, guided by the Japanese concept of "Chiri mo tsumoreba yama to naru" (even dust, when piled, becomes a mountain), is the misbelief that high-frequency intraday trading is a...

dee718 Updated 

While the broader market may present an illusion of stability, discerning market participants, such as specialists and floor traders, have identified underlying vulnerabilities. This fragility is manifested by a diminution in trading volume, particularly when the equity or index endeavors to appreciate, indicating a paucity of demand. Institutional and seasoned...

dee718

In the financial cosmos, the concept of market trajectory can be likened to Newton's First Law of Motion—an object will remain at rest or in uniform motion unless acted upon by an external force. In market terms, a decrement in sell-side activities during a bearish phase equates to reduced gravitational pull, propelling the market towards bullish tendencies due to...

dee718

Upon inspecting the daily time-frame, it becomes evident that the asset price is oscillating within a historically established demand zone. However, the liquidity dynamics, as indicated by the volume profile on FXCM, don't corroborate heightened buying pressure in these retracement zones. Market participants should remain vigilant for a decisive influx in selling...

dee718

The observed phenomenon demonstrates oscillatory behavior confined within a specific range. Diverse trading platforms and exchanges warrant examination, but focusing on one in particular reveals minimal volume indications at the extremities, akin to pressure variations. To alleviate confusion, various strategies can be employed to better comprehend this pattern....

dee718

Still looking for a short entry off of fake out. Maybe in 3-4 hours.

dee718

Some target areas. The daily suggests that price is in a retrace so it possible it could hit buying and move up. Shorting is an option but too low to rush it. Buyers are low and why would you want to sell when smart money is buying? Thats a losing move. Will see what happens.

dee718

Doesn't look like there are any news events popping off this next 24 hours. But it can still hit enough buyers to push it up another level. You can see on the daily that things are looking pretty bulllish.

dee718

You can see that VERY low volume area. Usually you will see the price attempt to fill this void before dropping down another level. Its a bit more challenging with BTC to pinpoint the upthrust area however there are a few signs that a large move is imminent. 1- RSI is above the 70-75 level (using the 15 minute) 2- Momentum is already to the downside. You can see...

dee718

Its pretty clear where the accumulation took place (circled). Look at the stopping volume underneath the circled areas. Leaning towards more bullish action but would prefer that it gets some distance from that previous supply area first. Two potential target areas to look for accumulation should it drift down a bit.

dee718

The volume on stocks definitely has a different wave pattern compared to futures and FX. Although different it is very predictable. The trough of the wave is ALWAYS mid session. This is a key piece of TA. It is a hard fact. Here the lowest volume of the day is the area that is not grey. The lowest volume is where the supply or the demand is at its lowest and price...