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Wyckoff

TRIP.com / Beginning of Up Trend Stock Beginning of the trend Stock, breaking the Wyckoff accumulation Phase and has Volume Profile Normal Distribution Support The volume from Accumulation Phase has not yet been sold out. It can continue with accumulated volume with first target at 261.8 Fibonacci Retracement and cluster with 161.8 of Fibonacci Extension. Strategy Buy on dip at 368 - 390 for buy set 1 and if the price drops to 368, there is still buy set 2 at prices 330-355 by waiting for Reversal Pattern. Trading in your plan with your faith, C.Goii Super Trader
HKEX:9961Long
by CoachGoii_SuperTrader
CVS Long Swing 1H Conservative Trend TradeConservative Trend Trade + long balance + support level + 1/2 correction + ICE level + volumed 2Sp- + volumed bullish bars + unvolumed bearish bars Calculated affordable stop limit 25% 1 to 2 R/R 25% 1/2 of the daily range 25% Daily T1 level 25% Monthly 1/2 Daily context "+ long impulse + T2 level + support level + 1/2 correction + exhaustion volume below" Monthly context "- short impulse - unvolumed T1 + support level + biggest volume manipulation"
NYSE:CVSLong
by MishaSuvorov
BTC Distribution Scenario - Revised timingsUpdated Bitcoin scenario - mapped with new, extended timeframe. It's a scenario pattern that's undoubtedly familiar - everyone's favorite, the Wyckoff distribution trend. Several elements support this structure are worth noting: - The distribution phase is occurring just above the previous all-time high (ATH). - This potential top is showing a monthly bearish divergence vs 2021 ATH. While the structure of these patterns never perfectly aligns with Wyckoff's illustrations, they often follow key stages marked by significant swings in price. This scenario presents swings of around 25% The scenario assumes that we are now well within Phase B, past the Sign of Weakness (SOW) below initial support (target price was GETTEX:59K but final SOW was closer to $56k) and we now move into the Upthrust (UT), target is $75k BTCUSD. If this scenario holds true, the potential new Bitcoin ATH comes early August at around $80k. Best, Hard Forky Initial Scenario Mapping:
Long
by hardforky
TM Daytrade M5 Long Aggressive CounterTrend TradeAggressive CounterTrend Trade - short impulse + volumed transition extremum / T1 + support level + volumed manipulation - no trading signal (last M5 of the day) Calculated affordable stop limit Take profit $205.59 Hourly context: "- short impulse - unvolumed transitory extremum / T1 + support level + volumed manipulation" Daily context: "+ long impulse - biggest volume on top + T2 level + support level + volumed manipulation - 1/2 correction?" Monthly context: " + long impulse + SOS level + 1/2 correction + support level + weak approach + volumed manipulation" OCO 4A: Sell Shares of TM Limit at $205.99 (Good 'til Canceled) OCO 4B: Sell Shares of TM Stop at $201.58 Limit at $201.70 (Good 'til Canceled)
NYSE:TMLong
by MishaSuvorov
TGT Swing 1H Long Conservative TradeConservative Trade + long impulse + Daily 1/2 correction + T2 level + support level + 2Sp+ + weak test + first bullish bar closed entry Calculated affordable stop limit 1 to 2 R/R take profit Daily context: "- short impulse + biggest volume T1 + support level + volumed 2Sp+ + weak test + 1/2 correction" Monthly context: "+ long impulse + SOS level + support level + close to 1/2 correction" TGT @NYSE Bought Market, Day Profit Taker Sell Limit 150.02, GTC Profit Taker Sell Stop 144.77 LMT 146.70, GTC
NYSE:TGTLong
by MishaSuvorov
Bitcoin: Wyckoff TheoryAccumulation or distribution? An important question which comes to mind at this spot. Wyckoff's theory was simple, accumulation occurs when larger participants are bidding supply, while retail & soft spoken traders are taking profits. With a little socio-economical understanding; a very-viable-variable here. People like to spend in the summer, the only issue is.. they spend what they have, not what they borrow! Now, in a distribution phase, you can assume what happens. Larger participants offload previous bids into soft spoken buyers hands, and exit the market in due size & time... Let's give a little thought here - If Blackrock was buying throughout 30's to near now... would they sell? would they let themselves become other's exit plan? An independent decision to make on their side. Wyckoff’s concept of the “Composite Man” has been idealized as a guiding 'radar' in the markets, a “Composite Man” should and will lead the markets, allowing soft spoken traders to factualize the understanding of order flow, liquidity preference & the demand for money. His personalized idea of a 'market maker' explains how anyone can determine meaning, curvature & limitations in the market that is being rationalized. The methodology provides a framework to visualize & grasp how liquidity is utilized. Highlighting potential zones for reversals, different phases, & driving actions of market makers. As Bitcoin progresses through this range, our deviation will get narrower; resulting in a larger move in either direction. Lingering through summer while the euphoria lasts seems best fit. Which then would either drop off a cliff or rebound back, into the cold winter. The time-price opportunity here suggests this will happen before the end of summer, thus saying if we do reach the $63,000-$64,000 level from here by mid June, the likely-hood of a large move will become exponential. Versa, in hopes this is an accumulation phase, seeing $80,000 would give me the confidence to say.. buy more alts & hold on. It would be nice to see Bitcoin push for the $100,000 level, we all want cheaper prices, though I hope in the end we all want a greater world to live in. Who's your exit liquidity? Index: preliminary support (PS) secondary test (ST) sign of strength (SOS) automatic reaction (AR) sign of weakness (SOW)
CRYPTO:BTCUSD
by lognomics
7
XAU Nearing End of DistributionExpecting XAU to be bearish for the mid-term. **Please click on the chart for reference. Using Wyckoff Theory, we are nearing the end of the distribution cycle. There's always the possibility that price could push back up through the top of the trading range with a UTAD. If price breaks through the TR support and retests it as resistance, I'm expecting the downtrend to start at that time. If price does not break and retest support, I'm expecting it to travel north through the TR to make a new high (test of demand) before selling off. Current structure and technicals don't necessarily support the second possibility but I'm throwing it out there as a "possible-maybe". I currently have a small short position with short term targets of TP1 @ 2278.04 TP2 @ 2243.76 TP3 @ 2187.09
OANDA:XAUUSDShort
by arnelia16
Wyckoff Bullish Patterns - Accumulation (strong buyers action)VolumeDayTrader offers script of such indicators on TradingView. For more details check our profile or DM us. Weis Wave is an advanced trading indicator used to identify bullish and bearish patterns in the market. It is based on Richard D. Wyckoff's methodologies and is typically used to analyze volume and price action. Here's how to recognize and understand bullish patterns using Weis Wave: Key Concepts of Weis Wave Wave Volume: This is the cumulative volume of each price wave. It helps to identify the strength of buying or selling pressure. Price Waves: These are the movements in price, which can be upward or downward. Recognizing Bullish Patterns Rising Volume on Upwaves: When the volume increases on upward price waves, it suggests strong buying interest. This is a bullish signal as it indicates accumulation. Decreasing Volume on Downwaves: When the volume decreases on downward price waves, it indicates weak selling pressure. This is also a bullish sign as it shows that sellers are not aggressive. Higher Highs and Higher Lows: In a bullish pattern, each successive upwave will typically make a higher high, and each downwave will make a higher low. This reflects a strong uptrend. Support and Resistance Levels: Pay attention to how the price reacts around key support and resistance levels. A bullish pattern often sees the price breaking through resistance levels with strong volume. Example of Bullish Patterns Accumulation Phase: This phase is characterized by a series of higher lows and higher highs, with increasing volume on upwaves. It suggests that smart money is accumulating shares. Breakout with Volume: A significant bullish signal is when the price breaks above a resistance level with a large increase in volume. This confirms that buyers are in control. Pullback with Low Volume: After a breakout, a minor pullback or consolidation with low volume is often seen. This is typically a continuation pattern indicating that the uptrend is likely to resume. Using Weis Wave for Confirmation Combine with Other Indicators: Use the Weis Wave in conjunction with other technical indicators like Moving Averages, RSI, or MACD to confirm bullish patterns. Volume Clusters: Look for clusters of high volume on upwaves at key price levels to confirm bullish strength. By analyzing these aspects, you can effectively use the Weis Wave to identify and trade bullish patterns in the market. Would you like more detailed examples or further explanation on any specific aspect of the Weis Wave?
NYSE:NIOLong
by VolumeDayTrader
Wyckoff Bullish Patterns - Dollar getting stronger! Easy MoneyICEUS:DX1! Dollar getting stronger on daily and weekly chart! Wyckoff Wave Indicator shows the power of buyers who are taking control. How Wyckoff Wave Indicator works? The Wyckoff Wave Indicator and the Weis Wave Indicator are both technical analysis tools derived from the principles of Richard D. Wyckoff, a pioneer in the field of market analysis. Here’s a breakdown of each: Wyckoff Wave Indicator The Wyckoff Wave Indicator is designed to track the cumulative volume flow of the market. It helps traders understand the underlying strength or weakness by showing the overall trend of buying and selling pressure. The indicator accumulates volume with price movement to depict the market's overall sentiment. Key features include: Volume Analysis: It considers the volume associated with price movements, indicating whether the market is being driven by strong buying or selling. Trend Identification: It helps in identifying the primary trend of the market, whether it's bullish, bearish, or sideways. Divergence Signals: It can show divergences between price movements and volume flow, providing potential reversal signals. Weis Wave Indicator The Weis Wave Indicator is a more modern adaptation of Wyckoff's principles, developed by David Weis. It simplifies volume analysis by plotting cumulative volume as waves, making it easier to visualize the flow of buying and selling pressure. Key features include: Wave Calculation: It aggregates volume over price waves, making it easier to see the ebb and flow of market pressure. Wave Counts: By tracking the volume associated with each wave, traders can see whether buyers or sellers are dominating. Market Structure: It helps in understanding the market structure by breaking down movements into distinct waves, each associated with specific volume patterns. Comparison Purpose: Both indicators aim to analyze volume in relation to price movements, providing insights into market strength and potential reversals. Visualization: The Wyckoff Wave Indicator typically presents cumulative volume in a straightforward manner, while the Weis Wave Indicator uses wave patterns for a more intuitive visual representation. Application: Both indicators are used in conjunction with other Wyckoff principles and tools to develop a comprehensive market analysis strategy. Usage in Trading Identify Trends: Both indicators help in determining the dominant market trend, which is crucial for making informed trading decisions. Spot Reversals: By analyzing volume flow, traders can spot potential reversals ahead of time, improving their entry and exit points. Confirm Breakouts: The indicators can confirm the validity of breakouts or breakdowns by showing whether there is sufficient volume to support the move. Tools and Platforms VolumeDayTrader offers script of such indicators on TradingView. For more details check our profile or DM us.
NASDAQ:ALTLong
by VolumeDayTrader
CME 1H Long Swing Aggressive CounterTrend TradeAggressive CounterTrend Trade - short impulse + biggest volume T1 level + biggest volume 2Sp- + weak test + first bullish bar closed entry Calculated affordable stop limit Takle profit: + 1/3 1 to 2 R/R + 1/3 to a Daily CREEK + 1/3 to a monthly 1/2 Daily Context "- short balance - unvolumed ICE level + support level + biggest volumed of the Day wave" Monthly context "+ long impulse + 1/2 correction - volumed T2 + support level - unvolumed manipulation"
NASDAQ:CMELong
by MishaSuvorov
TGT 5M Long Aggressive DaytradeAggressive Trade - short balance - volumed expanding ICE + biggest volume Sp + weak test - above first bullish bar close entry Calculated affordable stop limit 1 to 2 R/R take profit Hourly context: "+ long impulse + 1/2 correction" Daily context: "- short impulse + biggest volume T1 + support level + volumed 2Sp+ + weak test" Monthly context: "+ long impulse + SOS level + support level + close to 1/2 correction" If the day closed bullish I'll double up TGT @NYSE Sell Limit 146.11, GTC TGT @NYSE Sell Stop 141.69 LMT 143.16, GTC
NYSE:TGTLong
by MishaSuvorov
1
UNFI near get ready bull market?Dear Analysts and Traders, In my opinion, the UNFI chart looks very promising. I see few things that suggest strong bull market in the nearest future. I use my indicator, he's set up for visible range analysis. In first plan I can see accumulation structure compliant with Wyckoff theory. Events according to Wyckoff method and VSA, I marked with white letters descriptions. For me, very important is phase C of accumulation. In this case phase C tells me that supply is collected by Smart Money. I think that because phase C of market big structure takes lower tier of accumulation - events are marked by yellow description. In smaller structure I see strong building of case future movement. That's not all, The Composite Man tested last low what I see as VSA pattern - no supply, this test is confirmed by strength cande with elevated volume. The structure have expected by me volume action and consistent to Wyckoff logic. What's next? I think that UNFI price will be raise to marked supply zone. If there will be subsequent accumulation and succeed Jump Across The Creek confirmed by bull structure above The Creek, I'll be sure, that bullrun is coming. I will be monitoring this market closely. Whoever reached the end of my thoughts, I thank you and I hope that the time to explore my thoughts was not wasted. I wish You great trades and faultless analysis. CatTheTrader
ULong
by CatTheTrader
XEC - in the footsteps of smart money...Next chart with nice, possible accumulation. For me, it is very probable that this market will show gargantuan, bull breakout. So, let's go deeper. Chart shows analysis corresponding for Wyckoff method complemented by VSA elements. The biggest volume belongs, in my opinion, to Upthrust Action element but not the biggest one is number one. The most important candle and volume is sequent bar. For me, he shows bag holding VSA pattern. This is place where smart money accumulated a lot of XEC's. This is a reason for non-spring market structure - gentle C-phase test and retest. As I said, this market structure is good looking. So, I'll attentively observe this coin.
Long
by CatTheTrader
MICRON POSSIBLY RESUME ITS MARK UPBased on Big Picture, currently micron is on going Mark Up Phase i am interested in the recent price action (Black circle), which shows contraction Principle of contraction is one of the topic in which David described in-depth, in his phenomenal wyckoffian book (Trade About To Happen) Apart from that, i noticed the presence of SpringBoard (Blue Color) As such, i initiated position last week (24/5/24) Position as attached Thus i stick to my original thesis of Micron (Refer my previous post) Pure Wyckoff
NASDAQ:MULong
by drsyariz
ROSE Weekly Re-Accumulation / Macro EW ProjectionsROSE has a perfect looking daily re-accumulation going on here. I have a macro Wave 5 target all the way up at $0.53 and beyond. Ideal entries & targets are highlighted in yellow, however I already took an entry lower. We may not see those levels for entry again. This coin is currently trending on Twitter, and stayed strong during the big market dip. Once the market starts bouncing back, this will bounce back twice as hard. Ideal Entries $0.1106, $0.10500, $0.08745 Long Term Wave 5 Targets $0.24293, $0.27873, $0.356, $0.53344 (and beyond)
Long
by DigiLex_LLC
SUSHI - The Worst Is Yet to ComeLooking at this SUSHI/USDT weekly here and I believe the worst is yet to come, for this and some of the other alts as well. Sushi took out the SOS highs, and then fell right back below them. That's a textbook re-distribution, which tells me that we have to take out the lows, at the very least. On top of that, you have this measured move from the head and shoulders that lines up perfectly with the 1.618 down at $0.3777. This is another "low volume coin" on Binance, similar to WAVES, OMG, and XEM. I believe it could also see a similar breakdown. 30 Day Volume is under $5m, just like the 3 that were already de-listed. Even if Sushi doesn't get de-listed, it could still drop just as heavily in the coming days. If you are holding or trading Sushi, be careful!
by DigiLex_LLC
2