I see a successful trade as a trade either makes money or mitigates losses and further loses. An example of this is the trade I made on may 17th and exited 5 minutes into the day of May 18th. The price dropped 5% further. Long story short, I have thought APPL looked like crap since April 7th, when both Hull averages on the day and 4HR timeframe lined up in a bad...
Last time, the price moved slowly up after getting support from the SMA-200. After that, the Sell Pressure Increased in the supply zone and the price dropped fast. After a reversal in the demand zone, it gained support from the SMA-200 again. Now we have to wait and see what the price reaction is after approaching the supply zone.
- BINANCE:TRXUSDTPERP - Le prix à atteint un POI de 4H que j'ai posé. Sur les plus petites UT le prix à testé l'OB en 15m, je tente une entrée pour trader une distribution, l'OB de 3m et mes TP seront les POI du mouvement baissier. - Les Equal Highs que j'observe me montre que le prix atteindra mon POI.
The horizontal rays at the bottom are the order blocks from where the previous wave started. The energy in this distribution wave is looking to have a potential of $1800 for BTCUSD based on the monthly. Bad on the weekly is 23k
Here come my thoughts on the Bitcoin situation at a macro scale. 3 deviations (65k, 67k, 69k) to bait longs and tap liquidity in the market. We are clearly in a bear market on the HTF and I don't expect it to be over any time soon. Many sucker rallies happening but don't forget that these easily fade quickly in a bear market. Since the beginning of 2022 Bitcoin...
many failed upthrusts occurred within the upper range and medium range of the channel. One major lesson I have learned with identifying a Wyckoff schematic is that ranges must be horizontal. Horizontal ranges would identify price levels. This is far more important than resistance levels. Though price and resistance may be the same, the concepts listed evolve...
Fortis Health Distribution Phase All the Details are mentioned on the chart. Volume Analysis and Distribution Phase
Hey guys! Really important for me you read the text on chart to understand fully. Accumulation phase means buyers are feeling out the market and price action is likely preparing for a breakout up. Distribution phase means the buyers are offloading their stock, essentially taking profits, shorting traders also enter the market bringing price action down....
Toward the end of last year, I posited the idea that QCOM was executing a "fake-out break-out". Bears get trapped after a failed consolidation then get short squeezed higher. Instead of trading to new highs, QCOM has only consolidated in a range near ATH. This leads me to believe that distribution is occurring near ATH. This is a major piece to wyckoffs price...
Wyckoff Accumulation Schematic -- What follows? Distribution. We can expect a distribution period followed by a markdown. Shed profits and prepare to enter short positions.
Us30 is sitting in a significant level on the daily timeframe. The hourly is saying bulls might me getting ready as price is sitting in discount of the range. Would like to see a bullish reaction from the annotated orderblock. Happy trading.
I've been shorting UJ on lower time frames due to support and resistance between 127.73 and 128.695 respectively, using supply zones. Usually on 15 and 5 min TF for an intra-day strategy. I moved onto the 1 hour as I wanted to see the general market structure and what to expect to see. I have marked out several structures which can be recognised in Wyckoff...
Using only vol based indicators to identify where major market participants step in to shift price either up or down
Since my previous analysis on the DOW everything played out exactly as i projected - price rejected the monthly supply zone and formed a new weekly and potential monthly LH formation and has began making the continuation to the downside - if we drop to the 1D TF we can clearly identify a distribution has been taking place we have a very clear elliotwave ABCDE with...
Price is at the end of the distribution phase, the selling volume increase, and the warehouse is almost empty. It took enough time that could fall the price to 160.500...
The purpose of this idea is to give beginner analysists a introduction to some key principles and methodology used in understanding the movement of price within markets. One of those key principles is Market Phases, and we also use the Wyckoff Method to help us understand these Market Phases further....
As institutional investors have started to get involved in crypto, we have been seeing more and more similarities to the stock markets and as such, we saw our first Wyckoffian patterns February to April in 2021. Followed by a very obvious accumulation pattern. As we have recently had two distributions to follow, it looks like we might enter another accumulation...
Good day guys Here is the second scenario that can play out, it all depends on what market makers want to do. Do they want to move the price higher or lower, we don't know. My suggestion is to check what happens further on price action and market structure. Let me what you think will happen on BTCUSD. Cheers and good luck guys