Learning Wyckoff - Accumulation Wyckoff’s Accumulation Schematics
( EURUSD 9Nov 09:25 - 11NOV 16:50)
I am trying to learn Wyckoff’s Accumulation Schematics by finding and identifying them on different charts.
I found this one, and thought that looks like a textbook example. just sharing it so it maybe helps others.
feel free to correct me if there some error.
cheers
Wyckoff
BTC Biopsy: Retracements Continue As consistent with the present trading range, supply still dominates. The last effort by demand volume was unable to re-take TSA (range support) from a 1.272% Fibonacci retracement bounce. This indicates the bears are in still in full control, with the next leg down estimated to reach the 12.5-13K zone. I will continue to monitor the volume spread analysis as this plays out, with a report on Ethereum's price action to follow. Until then, and as always, please trade safely and make the most of these fire sale opportunities.
Be sure to subscribe for more clean, accurate, easy-to-follow swing charts with high win ratios (80-85% average). I trade fulltime and handpick all the runners myself after conducting a series of volume-to-spread reads and Wyckoff schematic comparisons.
Not financial advice. Always DYOR and trade at your own risk.
Wyckoff accumulation phase of a lifetime? I've posted my first accumulation idea here back in August 22nd
And it seems to have played out nicely.
Excited to see where this goes as I see this as an accumulation phase of a lifetime. We'll potentially reach the bottom within the next few weeks/months and this seems like a great time to accumulate BTC.
If Tether shows itself to be the next falling knife, we'll for sure reach levels below the currently indexed ones. But maybe that can be averted.
NASDAQ100 STBNASDAQ100 reaches a SELL ORDER BLOCK in the area of 11200, of which there’s an expectation of NASDAQ100 to Sell to areas of 11700 in order to create liquidity for buying momentum to be triggered, and overpass the supply zone , SELL SHORT TERM TO BUY LONG TERM (STB=Sell To Buy) bias this week
Wyckoff Accumulation ZoneThe sign of strength from $0.80-$1.20 seems violated - but this is just due to tapering anticipations at the FED level . Clearly we are in a super strong Wyckoff accumulation zone and there will be a break to the upside at $1.50 followed by a retest before we head to $3-$4.
Going long here is great .
I am not a financial advisor.
Phase C update on the original accumulation idea It's been a long time coming and I believe we are finally in Phase C. We have hit the bottom of the range, sprung, and we back tested the spring as support. Those are all the markings of Phase C. Next it's time for the composite operator to start a new up trend.
ETH Long trade idea with wyckoff accumulation (SMC, Wyckoff)Hello Everyone,
This is my analysis for ETH on the 4H TimeFrame, could be a nice swing trade
I saw a Wyckoff accumulation schematic playing out, the spring took out liquidity & I think it's time for the bullish move to occur.
1) Let's see how market reacts and if it will show more signs of strength,
2) Will aim for the next supply zone, after filling the Imbalance.
Bitcoin Prediction: Master-Plan for the End of the Bear-MarketFor almost a year I am a fan of the idea, that bitcoin is going through a wave 4 correction since its high in May'22. This wave 4 is forming as an expanded flat pattern. A three-part wave structure (3/3/5), which is overall directed against the prevailing trend. At the moment we are very close to the last part of this correctional pattern. In addition to that, the volume reflects strong signs of an accumulation phase while indicators like the Puell Multiple, Bitcoin Rainbow Chart, 2-Years-MA-Multiplier, 200 WMA-Line and some more are flashing buy-signals.
In the short term, I assume that the market still has further upside potential. In doing so, the Bitcoin price should rise to at least around $24,000, but preferably above $25,000. The latter in particular would give us a strong indication that the downtrend is about to end.
What follows would be the last final downward move. It is not mandatory, but very likely that the last low will be significantly undercut once again. However, the Bitcoin price must not fall below just under $ 13,760, because otherwise it would invalidate the entire wave count.
This last dip, should be bought up quickly and under high volume by the bulls. This event should mark the "peak" in the current accumulation phase, marked as "spring"-event according to the wyckoff-method. It is the end of the downward trend and the beginning of a new longer-term upward trend movement. This new trend movement will (in all likelihood) surpass the previous all-time high of around $68,000. I suspect that the Bitcoin price will scratch 6 figures for the first time in its history.
This prediction is powered by Bitcoin-Bude. So if you use this prediction pay some respect.
ETH Biopsy (Wyckoff/VSA) #2Here's a continuation of where I think we are in ETH currently (10/31/22). I am still siding with the bears, even though last week we saw the vital signs of a resurrection. However, I am observing supply is still predominant overall, cancelling out any TR breaks by the price action in overcoming the micro resistance. Until this happens with clear vertical bar volume confirmation, as I've done with my trading group this year, I must caution against FOMOing into a potential bull trap. We've seen it happen plenty of times. The pattern of FtRs (failures to rally) along the microresistance must be broken, otherwise we can only expect more bloodshed on this Halloween and the days following. Be safe!
*Be sure to subscribe for more easy-to-follow charts with win ratios averaging between 80-85% in hitting the profit zones. I've been swing trading crypto fulltime since 2017 and handpick all the runners myself after conducting a series of careful volume-to-spread reads and Wyckoff schematic comparisons. Check out my past charts, see all the wins for yourself, then come join us!
**Not financial advice. Always DYOR and trade at your own risk.
Bitcoin Wyckoff Accumulation Schemeits a bit late to share but i started to long it around 19300 and i will keep it until we reach 28 i hope. but i think we'll need more squeeze to 33K to have and swing failure pattern there. cuz everybody is waiting for short on 28K but i dont think CZ is stupid. :)
why i think that chart like that? cuz btc cme gave us daily msb right now but in exchanges not ! but there are a lot of shorts really we need them to close first to give a new dip. dip must be around 15-11 we'll see what will happen....
in wyckoff accumulation schemes always market make think the people "oh we go up bull run starts" and market crashes... i am waiting to see all crypto twitter turn to bullish to 150K hahah
Is the distribution pattern on JBH now complete? (JBH:ASX)* Initial peak at the end of 2021
* Sharp retrace (automatic reaction) followed by quick rally into the secondary test
* Sharp fall again on most bearish volume in that period
* Long phase B of about 12 months
* Down moves so much quicker than the up moves
* Distribution occurring through this period
* Ultimate high in April 2022 forming an upthrust after distribution
* Very weak retest to complete Phase C
* Rapid decline in price from $57 to $37 approx in Phase D sell off
* One last rally to $47 approx
* Back up to the creek and upthrust to complete Phase D
* We should now start the Phase E mark down.
* P&F target is $10, conservative target $21
* This is my analysis of the stock. DYOR before making trades.
LRCUSDT - Ready for ALT SEASON ? 🚀Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
I've been making updates on altcoins that have massive upside potential and good risk to reward rations. These ideas are all spot focused accumulation phase positions, by using the dollar cost average method. LRCUSDT / Loopring is another altcoin that previously went up 2000% the last time we reached this level ! We're still due for the final bottom, but the time to accumulate is NOW.
The idea above is for medium term to longer term. This is my take for the NEAR term:
Interested in XRPUSDT ? Take a look at this setup 👀
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