Dear traders, Intro: My name is Hugo, I am 24 years old and trading crypto currencies since late 2017. English is not my main language, however, I will try to explain everything brief and clear. Be aware that I am still in the learning curve. Every idea I post is not financial advice and is only meant for entertainment purposes only. Welcome to my new Short...
GBPUSD price retraced to the 0.618 - 0.786 area 📈after a Monday rally, almost reaching my POI at around 1.37600. The Stoch enters the oversold area on 30m and 1h. With a small re-accumulation 📊around 1.37000 the price broke that level and is currently heading higher. It can retrace back to around 1.36800 and head even higher to >>POI<< and 1.38000. I'll be...
We did break structure on the zone 130.570 that took liquidity ,of the last Higher Low , and now price is looking to tap on my POI . I'm looking for a small accumulation on lower TF inside my POI for a bullish rally to snatch liquidity from the HL's mark with red points.
Here's the P&F chart update for Bitcoin after the Amazon FUD. We have a reversal bar to the downside which is bearish, but in order not to become overly bearish, i'm also counting for a possible reversal to the upside for the next column. Ofcourse we should expect a reaction in these reversal bars. In fact the current reversal could be the reaction itself. 30k...
XAU has managed to break the two-week range between 1797.00 Upper bands and 1750.00 lower bands. This consolidation comes as normality after extending a steep decline right off the 1900.00 zones as accumulation now shapes into form. A projected re-test of the established mid-range sees a short entry opportunity toward 1775.00. This establishes a confluence...
Hello tranders, This is kind off playing with chart analysis, but taking Wyckoff theory as a baseline, I still believe we are somewhere in Accumulation phase (Spring / test) and I feel we should be witnessing some fundamental hot news to break current sideway movement and start ascending to the moon . Disclaymer: This is just high level analysis and not...
Here's the deal, As being one of the first trades to point out Accumulation, i've been at both sides of the story. Price being right at the middle of the trading range, it's time to evaluate current situation from both angles. 1- We are in Accumulation. The spring action is being tested and breaking 37k would validate it along with higher highs and lower...
Took the theory behind Accumulation and Distribution and applied it to current BTCUSD market. You can learn about it here: youtube.com slash watch?v=BHKm-jsSM6M (Phase D might start later than indicated.) In theory the 'last point of supply' would be the perfect spot to enter long.
Bitcoin is stuck inside of the bearish descending triangle right at the intersection of supply trendline and the weekly support / resistance. I will wait until it breaks above or collapses down. I don't trade inside of a bearish descending triangle.
I've digged deeper in to details and updated the accumulation phase we are entering. While the length of each phase can differ, this is pretty much what it will look like to reach $100k. So, sideways accumulation looks like it will continue in trading range until October, while institutions accumulate, following a rally / markup to $80k and the distribution will...
Bitcoin - still redistribution scenario - after mSOW
Hi Traders/Gamblers, This is by far my most intricate and detailed analysis of Gold following a distribution that took place a few months ago, as shown. We have hit our target area for gold as shown and stipulated. Following the DXY's downward it has since settled and seems to be consolidating giving signals of a reversal with a H&S as well as distribution...
I've been looking for good entries on THETABTC. I personally think the bottom of valley could be the possible accumulation zone and the possible distribution target of its high of the candle (high of the swing low) but I'm too of a beginner to make clear decisions. What do you think is the possible buy and sell targets? Share your thoughts.
TVC:DXY Analysis - 👨🏾🎓 The DXY is Bearish on the monthly from a structural and institutional perspective I can see the bullish momentum continuing until 92.184 to mitigate the orders made in the last period before a continuation in bearishness to create a monthly lower low. The 82.000 demand zone, which has significance as far back as DEC 1990 could be a...
GOLD has seems to be at its distribution area. Based on TP calculated using Law of Cause & Effect PnF chart, conservative target can be considered reached at USD2100 area (2077 to be exact). Here's how I deduced TP reached: 6 years of accumulation (2013-2019) at USD1180-1400/oz shows a classic schematic of wyckoff accumulation phase. On PnF chart, using box size...
Hello everyone ! I wish you all nice day my dear followers, friends, newcomers and randoom net troll visitors. Lets focus closer on The accumulation of wealth today at this chart Accumulation function, a mathematical function defined in terms of the ratio future value to present value it is literally the process of gradually increasing in amount, or the...
BCHBTC is in Accumulation mode like a previous idea QTUMBTC . We are waiting for a confirmation and According to Plancton's strategy, we can set a nice order ––––– Follow the Shrimp 🦐 Here is the Plancton0618 technical analysis, please comment below if you have any question. The ENTRY in the market will be taken only if the condition of Plancton0618 strategy...
Gold Weekly idea. Finished fifth wave (or near about) Formed SOS on high - Looking for BUEC range confirm as wave 2 back to 1200 dollar area. Then move to 3ks looks likely given macroeconomic outlook when the $USD stops being deflationary and starts an inflationary cycle DXY looks to make up to 30% rise which will be key to the play imo. Retail are looking to...