Re-accumulation
BTC Ideasintresting PA.
PA Struggling to break Supply.
Range forming. Some ex still didn't took 1st tap - could indicate as re-accumulate neither distribution. But decent break of range Low (63.500) - would confirm distribution and possible po3 play. Targeting 48k
In case of re-Accumulation and Supply fail - ATH
AAPL insider trading and net cash flow from positive to -70Mil AAPL with all of it's great achievments has what seems started to run out of steam.... With insider trading recently and net cash flow going from a surplus in 2019 to trending negative since and at -$70 mil currently.... I see signs of weakness. Looking at the chat there are clear signs of manipulation and gapping up over solid resistance areas to get to where it is today. This recent pull back for re-accumulation looks like a failed re-accumulation mid run. This is apple so I am not sure how much of a fight this will put up. However, I feel confident this will drop to at least close the gaps. 8 Days should be enough for the $161 traget. 36days should be safe for a Price target of $152. Which seems ambitious when looking at it from the top but its been on a straight 45 degree angle since Mid March. However, this is the same stock that took from Jan 2021 to Mar 2023 to finally make support out of the $140s. If this pulled back to $152 it would be completly conservative compared to those 2 years.
This $152 area is the last place there was synergy between volume and price. Which means this is the last place buyers and sellers saw eye to eye for a period longer than a few hours.
If you like or are intrigued by this analysis pls like and follow and of course hit the BOOST button as thats how more people will be able to see this.
This isn't financial advice and I wouldn't suggest blindly following my trades, if you see the price going against save your profits and or money and look for another entry.
by iCantw84it
04.06.23
Dow30 going up?
Good day guys
Here is my analysis for Dow30 US30. Indices are recovering losses due to the correction as you will see on the daily timeframe of this market.
Retail traders will probably lower the price, as they see the market is still down, shorting the market. It's where market makers, wait for their orders to trigger for a long, flushing out the seller. very similar to my trading idea on BTCUSD. See below Related Ideas
Good look guys
Happy trading!
Weekend Analysis + Market Re-cap This weeks video is me going over 3 potential trades this week
NZDCAD (Short)
AUDCAD (Short)
CADJPY (Long)
I break down exactly what I am looking for right down to the 15min/5min TF's
Hope you all have a great rest of your weekend, Christmas, and have a fantastic 2022
Take care
Ben
$BTC Re-Accumulation. Phase C?I believe we could be seeing a phase c of our re-accumulation structure.
We are seeing a lot of speculation and fear in the market which has been incredibly greedy and overheated.
RSI is approaching the oversold condition for the first time since March 2020 Covid 19 Sell off which was a spring action.
I expect institutional buying to take place around the 43 to 42K level.
I think this could be an incredibly good buying oppurtunity with risk managed accordingly.
Be fearful when others are greedy and be greedy when others are fearful...
HBAR/USDT Re-Accumulation StructureHBAR has been in a re-accumulative state since around the 15th of March. A recent change of character and break out show that supply has diminished as we formed higher lows through out the range before breaking out.
We are currently now retesting the top of our trading range sat in the oversold condition on the long term trend line .
Some more consolidation in this region testing supply along the way will give us some more confidence on a POE .
A scaled in POE is recommended. If we see aggressive demand one widespread 4hr bar this could confirm a full break out into a mark up will occur.
Gold in Re-Accumulation?Gold is expected to be trading in re-accumulation instead of distribution in view of a "Spring" event.
Spring is a exhaustion of supply, indicating demand is expected to be back in control.
A breakout from the creek (resistance), we will expect Gold to trade further.
1st TP: 1,550 level (Previous high +2.618% Fibo)
2nd TP: 1,600 (Whole Number Effect + 4.236$ Fibo Level
Stop: 1,460 (Spring Low)
JSE_FSR: First Rand Wyckoff Re-accumulation after DeclineFirst Rand (JSE_FSR) has been undergoing re-accumulation after decline which is the weakest type of re-accumulation. Price has jumped the creek and backed up to the trading range. There is now showing Signs of Strength (SOS) with lower volume. The stock has show prior leadership even thou it is not in the best performing sector. Will be looking for the breakout on the daily or inter day TF to go long.
JSE_CPI: Capitec Wyckoff Re-accumulation after DistributionAfter Capitec's (JSE_CPI) trouble at the beginning of the year the stock has been undergoing re-accumulation. It has jumped the creek and is showing Signs of Strength (SOS). The stock has shown prior leadership. Waiting for a back up to 95500 to go long.
JSE_J200: Top 40 Wyckoff Re-accumulation Johannesburg Stock Exchange (JSE) Top 40 Index has undergone re-accumulation and broken out above the trading range (Jumped the creek). Now it has backed up to the creek and gone into a lower TF re-accumulation. Waiting for signs that it will break the back up range on the daily TF. For now it seems that it is still ranging.