Alright, 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,...
And yet another complacency bagholding distribution. Looking at the previous ones... Setting an order, and as price moves, if it makes a new low then goes up, I'll move my order down a bit. Anything above 5R interests me.
AUD/USD ADVANCE MARKET NOE CONSOLIDATE (DISTRIBUTION) WAIT FOR DECLINING MOMENT WAIT FOR MAJOR SUPPORT AND RESISTANCE ZONE REJECT TO DOWNTREND AFTER YOU CAN GO SHORT
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...
what can we see? So firstly see the original link to our original analysis for before and after. We had an Impulse, correction and a double top , now we are hitting the fresh supply zone. . Note: Still keeping an eye on the 70+ mark. But the double top was enough to start the move for us. We have added positions at 69.2 as the bears are pushing price down....
$AMZN Price action has distributional characteristics and the gap fill looks like a good entry (LPSY in Wyckoff methodology) for a markdown phase. Next hourly candle should confirm or void the idea.
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. Hit the like button if you find it helpful and informative and follow to catch every wave correctly. PREVIOUS ANALYSIS
Welcome 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...
My last chart mapped out the Wyckoff structures, but left out the UTAD: upthrust after distribution , assuming that the LPSY dumping was already in progress. As it so happens, the selling I prematurely thought was the end of the TR -- was in fact whales testing distribution, but followed by the UTAD (a driven move hitting stops and forcing a vertical move to...
Well, I publish an idea last week enthusiastic and euphoric it was going for the moon, but admitting when you're wrong when your stops hit means it's time for the other direction. Between the last couple of weeks cooling off and prices falling below prior support trend lines and failing to break back over them as resistance means the short term trend is changing...
We got historical volume on 3rd week of April and yet price couldn't break above upper range of distribution and in fact price closed with 2 upper wick for consecutive weekly candle. As long as price stays below 3400, we might see big down move on this instrument. Target 1 - 1400. Target 2- 850. Failing to hold 850 will take price to much lower levels. Target 3 - 430.
Gold Weekly idea. Finished fifth wave (or near about) Formed SOS on high - Looking for BUEC range confirm as wave 2 back to 1200 dollar area. Then move to 3ks looks likely given macroeconomic outlook when the $USD stops being deflationary and starts an inflationary cycle DXY looks to make up to 30% rise which will be key to the play imo. Retail are looking to...
Defending out positions using spy puts through the chop.
Moving higher on strong earnings results and continued dominance out of Japan. Strong balance sheet. Actually more than it's market cap. Trade at your own risk.
$EUR Bur is in it's last stages of re-distribution vs the dollar. Another evidence of global economic collapse that will start with the reserve currency exploding and devaluing major fx tickers.
Overall the trading range we currently see on the Dax is still a bullish formation, we are still in an uptrend environment. However, weakness is creeping into the chart with volume /supply entering at the top to the trading range, a longer amount of time is being spent at the top of the current trading range (on the 1 hour , 4 hour time frame, when price reaches...
Hi guys, I think USD CAD is in the last fase of Distribution and is about to break out. I analyze and trade the markets with the Wyckoff method and price action. Most people that trade Wyckoff are doing it wrong. They try to copy the accumulation and distribution charts/graph from the internet to their own charts. But that's not how it works. People need...