USOIL Sell Wyckoff's Distribution Schemetic # 2Hello Traders, This is very nice Wyckoff's Distribution setup. This pattern is Schemetic # 2 method. It is going to break AR level to complete the pattern. Target is set using my strategy exact figure of drop is 36.46, we can see rise up from this figure.. We will look for Next move after it hit my Target.
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Previous Analysis
Distribution
USOIL WYCKOFF'S Distribution Hello Traders! This is a WYCKOFF's pattern, currently we can see a drop That will break the AR support and will reverse back. I have also extracted exact figures from one of my strategy which tells exact figure of target and turning point in OIL and Gold, With the help of my strategy i knew about drop to exactly 1748.50 and we bought at 1749.00. We are ready to make big from USOIL also.
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BTC Possible Rising WedgeSorry but not sorry for all the trend lines, in my opinion they are the best indicators. I am reposting an idea I had about a distribution phase we could be in. Previously I drew a pattern for phase C D and E, then drew trend lines that happened to pretty much line up with my idea. So that is what are currently seeing. From the trend lines I made, it looks like we could possibly be forming a rising wedge to another drop. I could be jumping the gun. If we are not forming a rising wedge, I think we should continue to creep up the trend line for a couple of days and have another retest to the $10200, as I mentioned in my Astrology TA post. Keep an eye on both!
XAUUSD SELL(JACKPOT TRADE) WYCKOFF DISTRIBUTIONHello traders, GOLD has completed two secondary test of BC, This is the final peak now it will make lower lows. We are already in 1000 pips profit and it will give another 1000 pips profit in this month. I will keep updating this chart and we will keep adding trades. This could be the huge jackpot.
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EUR/GBP has a bearish possible scenarioWell, this is very easy the technical analuysis, the price has in range of distribution of the market nd are consolidated, and well, this is a great opportunity to earn a lot pip in this par, wll, as we see the situation of Brexit, this has make thsi par very sensitive their movement of the Eurozone and U.K., But, there are not range, but we have in the distributtion zone of this par. But, well, there are opportunity, The most strategy to opperate in this range is in Daily timeframe, because the Daily timeframe is in the range of distributtion.
USDJPY Distribution and Re-DistributionGo for sell after 30 min candle close below 106.96 support. Its a redistribution pattern, we will see more downside in usdjpy.
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XAUUSD WYCKOFF'S Distribution Method, Don't miss final peakHello traders we have traded every wave of Gold in this month of june and we are nearly 1000 pips profit without any loss. This is a Wyckoff's distribution pattern. My current trade target is 1744 and i am expecting a drop exactly from 1747. I dont think market will move above 1747. This sell will be in 1000 pips profit so dont miss this final peak and keep trade running till Target.
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Previous analysis
XAUUSD SELLGold is ready to fall big this time it is also a third attempt to sell from same area. You can sell more if market reach to 1741. I am not expecting it to break above. But breaking above will test 1782 target.
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Gained alot of pips just from gold this week, here are previous analysis
XAUUSD SELL from 50% of DistributionPrevious trade worked very well now i am expecting the same trade. you can go for the sell again. This Distribution technique will work again and again. this time it can go more down.
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Previous analysis
XAUUSD SELL FROM DISTRIBUTION AREACongrats to those who stayed with the trade and achieved full 540 pips target. My previous target was at 50% of distribution. I knew Distribution will attract market like a magnet now it will throw it back. Stoploss is set little above the resistance and Target is set to first support.
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Previous analysis
#Bitcoin Moon to 40K but...... when?
I was able to accumulate at 6500-5000$ levels but still not enough, now i know MOONbois will say you missed the dip, we are mooning now but look at the charts, I will cancel this lower level bids only & only if bitcoin is able to close 2 weekly candles above the RED resistance trend line
I don't care if I miss it hell my alts have been up 50-60-100% lol
as with the alts I have entered before on retest, I will do the same with Bitcoin, if we break & close above redline will enter on the retest. till then we are currently at trendline resistance & distribution zone, also we are at Fibonacci golden retrace level from the TOP to bottom.
i also tried my hands on Ghost feed/bars pattern lets see if it goes like i want
if BTC retraces there are 2 setups I will risk, both divided equally, one around 7000$ & another is around 5000$
though i am BULLISH on bitcoin but understand triangles can BREAKDOWN as well if it does well then 💩💩💩💩💩💩💩💩💩
Take a deep breath, We are doing wellAlright, dont hurry now, we are in distribution phane now, so dont fomo, wait a few hours and choose your side carefully, if you lost a trade, its ok, market is here you will do that another day.
Anyway, as you can see we had a beautiful mark up here its about 8800 to 9600 ! almost 1k push up :)
First of all we are in a range for a while market needs to rest, second it was a big one again and it needs a correction(about 30% of it), I changed my rectangle channel 9200 ~ 9600 its a 400 pip channel
These targets are really strong magnets here, so read this post carefully.
We had cross over on ma's, rsi was in convergence mode and also macd was really strong, and volume told us a big trend is coming and it happened last night.
Current place is one of the most dangerous places in last month and as you can see we are on the top ! and we touched 9600 ! the pressure of this resistance could push us down, but how much? how much are we gonna go down ? in my idea this is not gonna more than 300 pip !
So I recommend you to be ready for another long, set your start on 9250 to 9600 and 9800
I have to say short is possible too, so keep your eyes open and if you see a candle below 9150, it will go down to 8800.
Im in long and I dont want to enter trade now, its in range and trade in distribution mode just makes you nervous about your position and it will make you crazy by FOMO !
I will publish another idea for 4h chart soon ... watch it and feel free to leave your comments for me.
If you liked it, please hit the like button, share and write your comments, thanks for reading.
Take care, trade safe
🧐Are we're in the end of Distribution Zone?📉 Hi, friends👋🏻👋🏻! Glad to see you on my daily Bitcoin review 💓
It already looks like the mainstream 🤣🤣🤣
Look carefully at the chart📊, if you look at the price movement by zone, it's very similar to distribution.💥 And we are at its last stage.❗
⚡If so, then a fall in price isn't inevitable!⚡
You should think carefully about what to do with your positions. 🙏🏻
Always remember the risks.❗❗❗
❓❓❓Guys, would you like, that I'll write EDU post about distribution and accumulation?❓❓❓
😉If yes, put me like and write in the comment🙌🏻
I'll be glad to be helpfull for you!💓
Stay with me💋
Your Rocket Bomb🚀💣
USDCAD BUY AND SELL (DISTRIBUTION SCHEMETIC)USDCAD is forming distribution schemetic formation. You can go for buy NOW with t.p at top of upthrust. Go for sell after you see some kind of channel or pattern @1.4150.
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PREVIOUS ANALYSIS
Wyckoff Take III: the floor gives way, back to where we startedWelcome to Phase D!
CME futures opened on the black line, and we pretty quickly dumped to the bottom of the trading range thereafter. This set us up for an obvious SOW (sign of weakness) dropping below trading range. So my previous sell zone on the way to a last 9K bulltrap turned out to be too optimistic, and any rebound we get now, after dumping 4 solid times from the UTAD ($600 down), is going to run out of steam. Leveraged longs have been liquidated too many times, bulls’ stomachs (and their wallets) have been hit too hard to sustain another rally. We should get back up into the Trading Range for one last bulltrap - but remain in the lower half at best. Too many bears salivating at selling 9K one last time, which ensures it won't happen.
In normal circumstances, after dropping out of a rising channel like we just did, I'd be fairly sure we would rise to kiss the underside of that channel floor -- but the only way I can see that happening is with a long wick up from this 8600 local bottom, not from a rally that climbs with hope to the edge.
Best hope for this rebound is to hit our head on the 0.382 fib with a quick spike - then pullback and curve up to try again - only to fail and form a bearish double-top. Then it’s on to Phase E and more dumps.
TP1 zone was hit $8520, landing on the median of this bear pitchfork perfectly, and also the level of our AR (automatic reaction) spike after the Buying Climax.
I have revised my dump path and targets, this will be more severe and straight down 5 impulse wave, I don't sense any hesitation in the bears or enough courage from bulls to "pause" the selloff bounces for reconsideration on the way down. TP2 and TP3 are now $8200 and $7800 (right back at the
previous stiff ceiling before the pump)
Props to @Divineraze who caught the highest possible short in this distribution range, $9200 the tip of the UTAD!