Hello my beauties. I think oil has been clearly showing signs of a distribution, with a price target measured on the basis of the range volatility, identified by the green area underneath. If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair. Consider supporting me if you think I am providing...
Yesterday we saw a picture perfect Type 2 Wyckoff Distribution Schematic play out seamlessly! This trade would have given you a clean 63:1 RR entry point which took price all the way down to liquidity lows!
EURUSD looks like it is setting up to provide some great momentum heading into 2022. The daily and 4h timeframes are still showing bearish market structure forming lower highs and lower lows, however, price has now paused and started moving laterally at a weekly demand zone. This is key. Price action looks to have the classic features of an accumulation or...
Alright people, In my previous analysis i've pointed out this distribution schematic on a weekly timeframe. I've digged in further. Re-evaluating the whole structure since last October as distribution changes everything! The first step to confirm this schematic would be loosing 43.200. Once lost, we will enter in to the previous accumulation zone and POC of...
Hi all, On a weekly timeframe, bigger picture is matching a double top distribution which we have seen on the smaller timeframe recently. Not much to say really. This schematic suggests a mark down below 28.754 towars 24-27k and further after a weak bounce. It could vey well end up at 19.302 (70% correction) which looks impossible today. but remember Bitcoin was...
Clear wyckoff distribution is playing out. The level 54k was lost confirming bearish trend and most likely falling further where we can see an accumulation period ranging in the 37-50k levels before eventually going up again.
Here is a possible scenario that could play out. Hopefully it doesn't, but we need to consider all posibilities. Let me know what you think!
Hey there, USDCHF has been going sideways for a while, we could be having a Wyckoff distribution phase with schematic 1. My poi would be the Quasimodo level marked with a white rectangle. A 4h confirmation would be needed to enter a position.
Hello, everyone! Last time we considered the Bitcoin price analysis and assumed that we will see the price growth soon. According to this I found very interesting pattern for TWT. TWT price now is forming the classical distribution phase. We saw all Wyckoff events on the chart. Now it is important to decide, if the price is going to form UTAD phase – the massive...
Explained in text on chart. OBV update to come on the daily. If BTC is to impulse up, it is this week. 29/11/21
Unfortunately breakout scenario failed and our most important level 58k was lost. If we can't reclaim it by the monthly close, i expect further down side and mark down of the distribution range to complete. First strong support is below fib. 0.5(48.900) 47.500 / 47.600 Second and stronger support is at 43.160 weekly level between fib. 0.618 & 0.66 also near...
Hi all, After a perfect call of the top, here's the last chance to exit. We have bounced off of 56.766 and a new micro distribution comes in to play. We have completed the SOW and heading towards UTAD around the POC. This is the last chance to exit before mark down. Trade safe and use a stop loss. PS. Yes wyckoff applies to all timeframes, including 5 min :)
Hi all, We are about to complete the distribution after bouncing from 55.600. This is the micro version of the bigger distribution i shared in my previous posts. Curently UTAD in the making. I expect a dump towards 58.300 where the stopping action will occur with a bounce followed by second dip at 57.900 (point of control) of distribution range. Trade safe and...
Bitcoin - consolidation for this weekend (symmetrical triangle). Bitcoin has dropped below the SOW level. According to the distribution scheme of the Wyckoff, we have the LPSY level. As the price usually consolidates on weekends, I predict a certain formation. Moreover, there is no recovery from the recent declines. At 1h, you can also see that there is a...
BTC is currently forming a Wyckoff distribution pattern similar to Jan 2021 - Aug 2021 (The blue shaded pattern is a copy of the previous pattern for comparison). Please be mindful the timeline not going to be accurate. In another scenario, BTC will dump to 52-54k then pump as we expected. If BTC makes a HH and then HL, we should expect a massive dump where the...
This presentation is for informational and educational purposes only; it should not be construed as investment advice of any kind. According to the daily chart , BTC still fighting for the level of $60K which may lead to reach to $75K all time high (according to the calculation of the target point using P&G for the last accumulation); and we may see a...
Bitcoin miner flows to exchanges hitting new lows. In the meantime, $BTC miner reserves continue to go sideways and even decreased over the last week. The latter might indicate that these coins are sold OTC or are relocated to new wallets.
Hi all, Now that the distribution play has revealed itself, i'm looking for the mark down and completion of distribution following a reversal to the upside. We had a similar but different distribution play last year early September and the pull back ended at Fib 0.5. If this profit taking and bonus collection of money managers repeat itself, we can expect a...