STAG ...what can we say technical about it. The purple is a long term July '2017 trend line and the pink is a Aug '2018 trend. We pass the 2017 trend line and are now touching, ever so slightly, the 2018 trend line. We passed all resistance levels (long ago) and we are $3 a share away from the 50MA. In the short term we expect some profit taking and a...
After extending my stop slightly to accomodate this pair begrudgingly, I have now observed a near perfect Wyckoff schematic of distribution on the 5m timeframe. If I am correct the institutions will begin their sellof shortly as I believe we are in the last phase where we saw increased volume with a rather weak reaction compared to the previous test where we had...
Distribution Structure on the intraday timeframes. Huge mark up from accumulation formation, exchange tokens are slowing down whilst money flows into the DEFI sector, majors and midcaps. I see supply on wide spread after over extended trend, stopping action caused reaction. We had a rally in the form of an upthrust, an ST as a sign of weakness and now have an...
ADABUSD 1D Wyckoff Distribution Schematic #1 I have been waiting for a loooong period for this time! Cardano is looking incredibly strong and after a long consolidation period we can see a very strong push towards a new ATH. My current idea is that Cardano is currently in Phase C of the Wyckoff distribution schematic #1 executing the UTAD test . You can...
Hello Traders! This is a Wyckoff Distribution Pattern and Currently Market is in the UTAD phase which means BNB is about to give a drop now. The Candle above the channel looks like a fake breakout and it is going to drop hard from now. If you want to sell then wait for the Market to go back inside the channel and go for the sell with stop loss at the top. Hit...
I know this will hit a lot of moonapes on the nerve, yet this is a potential set up that I think might play out, especially when looking at how more and more bullish news get more inflows to exchanges and supply is edging over demand over the last few weeks. But. The RSI is making lower highs, the chart is more and more looking like distribution, and we're way...
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.
Gold is been bearish for a while and what we saw from the end of 2020 was a little pull back to the upside, now as i am seeing this distribution played through the previous week's price action i do expect it wo fall again at least to 1685.
Weakness in the chart: 1. Downbar high volume from the top 2. Sell-Off high volume 3. Below 20/40ma Hit the "LIKE" button to support us :) Disclaimer This information only serves as reference information and does not constitute a buy or sell call. Conduct your own research and assessment before deciding to buy or sell any stock
Gambling on TKAT is in a way not much different from gambling on blockchain stocks back in 2017. Anything digital is a fair game in the realm of NFT as even tweet was up for sale as Jack Dorsey demonstrated that today. TKAT's Insider ownership is almost 50% and TKAT's institutional ownership is close to zero, indicating the high volatility this stock...
I see a Wychoff Distribution Schematic no. 1 forming. I have setup 2 trades one is targeting the SOW area within the schematic and the second is a higher R:R trade of 1 : 6.3 targeting the previous 30M / Hourly support level. We'll see how it plays out
Not a Wyckoff expert but lucks similar to a distribution phase. Take care
Break out of the level 4200 with retest will lead min 4400 SL 4050 probably high chance of downside, it looks like a distribution phase However wait for the confirmation breakdown of the level 4100 with retest will lead min 4000 Target 3700
OANDA:EURUSD Trade Idea - 💡 Bearish Order Flow on the 1h, looking for a short to the candle that started bullish momentum Will be looking for a small timre frame dsitribution to confirm entry Let me know your thoughts?
OANDA:EURUSD Trade Idea - 💡 Looking for a test of the LSPY of the distribution schematic that has formed with a 4h Supply Zone, and BTS IC Looking to take this down to the daily STB Candle before looking for buys back up. Let me know your thoughts?