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Wyckoff

SPY, SPX, ES1 Futures WYCKOFF DISTRIBUTIONThis is my take on the SPY ETF and SPX. It seems though there was much buying near the support, many other market participants or the CO (composite operator) was off loading--or even initiating short positions-- these shares. There are many economic hints that point us into the conclusion of a Recession--Yet of course recessionary news is posted every day even in a bull market. However, as a National factor for the US, Interest Rates have been on a rise. Inflation expectation is also on the rise as the FED continues to look forward to rate hikes in the future. Taxation--as one of the options-- may increase as to RID excess money from our system, thus Unemployment should increase as many companies are forced to lay-off their employees. Additionally, with the increase of interest rates this causes housing values to decline rapidly. With housing still in demand now, new housing ownership should decline slowly, as many cannot afford the interest rates on a loan to build or buy housing. Housing Ownership and Stock market Prices really do not have a correlation, nor does Stock price and GDP. However, Interest rates have a correlation with nearly all Industrial and Stock Effects. My Bias Is Bearish: This is Soley due to The Technical Aspect. There was existing support however was quickly reversed as resistance-- The offloading of Institutions who entered on the wrong side of the market--forcing a liquidation of their assets at break even or lower. THUS, the backup move was essential for the market to mark down to lower prices. It seems that it will be a slow process of a continuous move lower.
AMEX:SPYShort
by Integrity_Investments
1
Wyckoff Accumulation 2 by EripedWyckoff idea based on Schematic no. 2. Below 19300 till 18800 is around 120 Billions worth of long Liquidation which i belive they will protect it. Also SPY and GOLD ale currently holding above previous Supports. 1 week of BTC range with alot of movement across the board is probably just preparing for something. Bitcoin Volatility Index is at the bottom so I expect some Big moves for next week. You can find alot of confluences across the board for BTC for Longs.
Long
by eriped
1
Wyckoff is SimpleThe wyckoff method is a very simple method. The purpose of this post is to show you price manipulation by the Composite Operator or CO. Price NEVER moves the same way. In fact, you will almost never see the same wyckoff pattern in all of your trading years. HOWEVER, the terminology is the same because the reasoning behind these moves are scientific and are inevitably going to happen. For example, shorts have to cover eventually. Thus, the terminology for the automatic rally after a long downtrend is Sufficient evidence of short covering. So, In almost every range there will be a stage. A stopping stage, trading stage, heavy absorption or distribution, trend phases, and an exit of the range. By far, this method of trading is the BEST way to avoid excessive risk, and if you are lucky, you can easily campaign a stock into 200-300% gains--EVEN IN PHASE B?!?!( big risk )
AShort
by Integrity_Investments
BTC trend prediction - A Wyckoff analysisIn the continuity of my previous analyses for BTC on 05th July and 21st July, I would like to add a further view of BTC in the next two weeks. This time, the analysis is based on the Wyckoff method. On 12h time-frame, it is likely that the Accumulation Structure No. 2 has been formed. BTC prices now are out of the accumulation range (in Phase D) and seem to be ready to go higher (in Phase E). To do this, BTC needs to break the resistance area of $25000-$25500. In the BTC chart of 21st July, it is the closest trendline. With the good recovery of stock markets, we can expect that BTC will follow and come back to the $30000 levels, at the end of August/in early September.
BITSTAMP:BTCUSDLong
by evasivesteering
10
Wyckoff Method #2 Distribution Schematic What is the Wyckoff Method? #2 Distribution Schematic 👇👇👇 I am waiting for this pattern to complete in November, before that anything can happen, the bear market is usually long and exhausting I follow my analysis 1) 2) I am waiting for this pattern to complete in November, before that anything can happen, the bear market is usually long and exhausting I started posting less, quality is better than quantity. If you have questions for me or ideas that you want to share, I'm waiting for you in the comments. Best regards EXCAVO
BITSTAMP:BTCUSD
by EXCAVO
34
The Bitcoin Treasure MapThis is an updated idea from the one last night. This idea aims to smooth out some of the points in the phases with new labels minus my consumption induced ramblings. PHASE A - ACCUMULATION ---------------------------------- PSY - Preliminary Supply The first peak is the Preliminary Supply or PSY, which is where some retail traders start to sell BC - Buying Climax Around this time inexperienced investors start to come in and this causes the Buying Climax or BC shortly after the PSY AR - Automatic Reaction This is where institutions start to sell their assets to the newcomers, and this is the Automatic Reaction or AR price tip. ST - Secondary Retes After some time, the institutions will ease off some of the sell pressure and the market will spike back up to form the Secondary Retest or ST, which is usually just below the BC retail rally. PHASE B - MARKUP ---------------------------------- As with Phase A of the accumulation, pattern institutions will occasionally push up the price to keep retail interest and confidence high while they secretly sell. SOW - Sign of Weakness UT - Up Thrust PHASE C - DISTRIBUTION ---------------------------------- In Phase C of the distribution pattern, we see something called the Upthrust After Distribution or UTAD. UTAD - Upthrust After Distribution Whereas the spring is meant to shake out the retail investors, the UTAD is meant to get as many retail investors to buy in as possible through the fomo it causes. Institutions start to aggressively sell to these investors causing the price to fall. This price collapse continues in Phase D of the distribution pattern. PHASE D - MARKDOWN ---------------------------------- The brief pause in the drop is marked by the Last Point Pf Supply or LPSY and is followed by a Sign Of Weakness or SOW, which falls below the support line drawn by the automatic reaction. LPSY - Last Point of Supply SOW - Sign of Weakness PHASE E - END/START ----------- Phase E of the distribution pattern usually blends with phase a of the accumulation pattern, which readies the market for another run-up.
Short
by SPYvsGME
9
The Bitcoin Treasure MapYou have got to be Wyckoffin kidding me. I felt like Daniel in the Stargate movie when he solved the activation. I was going through some old charts looking for ideas and how charts followed through and this one comment blew my mind. While I was studying Wyckoff theories and created my first chart for bitcoin. I noticed patterns in markets, crypto and other world events. Wyckoff theories got me thinking. I’ll start from the begging if you’re just learning about it. GME AND WYCKOFF’S COMPOSITE MAN My first attempt at using Wyckoff to explain GME. I started connecting global Marco with the crypto world and made this next chart. CHINA CRYPTO CRACKDOWN Only the 3rd chart I had done in TradingView, but it got me hooked in learning markets and finance. It puts the global scale and impact crypto has had on economies, silicone/cpu/technology and the energy industry. I believe China used that blackout to measure how much Crypto was being farmed on their energy. A CRYPTO WYCKOFF DISTRIBUTION PATTERN It was my first Wyckoff prediction for bitcoin. This is where you will find the all the phases and labels in this Chart and what they stand for if you’re not familiar with Wyckoff distribution phases. If you hit play and watch the follow through you will see it came pretty close to predicting the climb and fall during the second bitcoin craze. If you read the phases, you will see I added a <— WE ARE HERE in the Secondary Retest. A commenter in Feb this year said that we were already at UTAD and going into LPSY. This chart idea is to create my original, but using my new layouts and this commenters theory that Bitcoin is kaput or not. COINBASE… Wut Doin? I was really getting into understanding Crypto at this point and was fairly sure I found the long sought after Wyckoff Pattern in Bitcoin. Until I discovered Coinbase was hacked and the entire crypto market low latency arbitrage was disaster. You’ve seen the rest as Stocks, Bonds, SPACS, etc.. have started to implode in as liquidity is dried up. SEMICONDUCTORS, CRYPTO AND MARKET SYNCHRONICITY At this point I was fairly certain most if not all big market events in the past 6 years have some tight correlation with semiconductors and capital markets. That includes Archigos, Gamestop, Short Squeezes were all part of this boom and bust cycle. I admit some of my findings may seem hard to believe but somehow here you are still reading. BACK IN THE SADDLE AGAIN Russia Invades Ukraine. It’s always about Energy. If you retrace historical ups and down of the stock market and crypto to world events the impacts are profound and long lasting. This idea was an attempt to see if I could resolve the missing pieces to the Wyckoff puzzle. I didn’t mean to make the trend lines the same as Ukraine flag. I didn’t realize it until after. THERE WILL BE BLOOD Jerome Powell just put a lid on Crypto. By Monday you should start to see the effects on crypto and possible global markets. By Jan 26th 2023 you should see Crypto hit the SOW in Phase D before 1 final bounce and fade below 5k in in 1yr from now… On September 11th no doubt. This mystery is finally solved. I can rest. Only took me a year and a half.. I’m out. Love all you guys. Remember Me.
Short
by SPYvsGME
8
BTC Wyckoff spring triggered by the ETH merge?Here's something I've been playing around with. The idea is that we're potentially almost at the end of an unusually short Wyckoff accumulation period. Coincidentally, then the spring would fit well with the time of the ETH merge. The merge could mean there's a lot of people that's playing the "buy the rumor, sell the news" game - potentially meaning a lot of gains will move from ETH into BTC and trigger the spring, signalling we're out of the bear market (semi-short term at least). I'm keeping an eye of the price range movements over this weekend to mid next week for a soft confirmation that we're in phase c.
BITSTAMP:BTCUSDLong
by virkot
Wyckoff Redistribution - 22.8k to 18.3kWyckoff Redistribution to 22.8k First, the fundamentals: Bitcoin is currently in a clear distribution phase, as supported by volume and the fact that big players are selling and small players are buying (seen by the amount of BTC wallets holding BTC increasing, with those wallets having smaller number of BTC in them). Next: A shark pattern has emerged on the 4 hour chart, and BTC has bounced around the 1-0.886 retracement area. Usually in a circumstance like this, Take Profit would be around 50% of BC, which in this case is around the same area of 22.8k. The bounce point from C-D leg would complete the bullish harmonic pattern and can potentially signal the continuation of the downtrend. If we measure the 1.618 of OX we get 18,250. If we measure the 2.236 of a potential CD at 22.8k we get the exact same point - 18,250. Now this is more than just coincidental given the PSY level on the Redistribution schematic. Next, the 2.236 level in harmonics are usually seen in patterns like the Crab, Gartley, Shark or Partizan. This bearish leg can bounce at 1.618 (19.5k) and continue to fall straight down to 2.236 (18,250) which is likely. This is where we close our SHORT and flip LONG. Wyckoff Law mentions how we can have an extreme impulse towards BC (Buying Climax) to test the previous Preliminary Supply. Now there is a reason we are not choosing 23.5k for this (as you can see in the pattern on the right hand side, the point next to the letters "Phase A" is likely to be 23.5k. An automatic rally (AR) can occur when selling volume has diminished. There are likely going to be buyers buying at the 0.5 or 0.618 retracement of CD before last chance SHORT retesting UT/ST around 22.7k. Finally, stocks look like they are about to crash and should drag Bitcoin down with it. DXY is also rallying and showing no signs of slowing down mid term. Also, the 200MA weekly is not that important here but a good resistance level in case we somehow break 22.8k. I think not likely though.
Short
by reiiss7
4
NEAR - Mixing Harmonic Patterns with WyckoffMixing Harmonic Patterns with Wyckoff Law (and also confirming with Elliot Wave where applicable) can be one of the most effective ways to trade. The AB=CD pattern comes within many Harmonic patterns such as the Shark, Crab or Bat. You can scalp movements like this within confirmed (or very possible) harmonic patterns that all point to a singular number. You can also trade smaller harmonics within bigger harmonics, as long as you map out the bigger harmonic first, so you have an idea where the market is heading mid-long term. In the example above, we use altcoin NEAR Protocol. We first check the 4 hour to find bigger harmonics, and then switch down to the 1 hour or 15 mins and trade those timeframes, depending on what we prefer. Currently, NEAR on the 1 hour timeframe is pointing towards 4.72 via the 1.618 and the 2/2.14 fibs. It makes sense that price would top here, because of the "Preliminary Supply / PSY" Section as seen in Wyckoff Redistribution Schematic #4 (For more info on this, please check my "Link to Related Ideas" below, where I describe this in more detail on a Bitcoin chart. You could also use Elliot Wave analysis here to map out the 5 waves upwards towards 4.72. Perhaps the final 5th wave points to a 1.272 or 1.618 expansion?
Short
by reiiss7
WYCKOFF analisysTHE CABLE 15 min chart analisys: We can notice a possible accumulation range, we notice that the volumes are not high when the price reaches the resistance line and this means that the interest in selling is shrinking. Now we should follow the price action, price could: 1 retest the support line and create another stronger spring (not likely) 2 moving up strongly and breaking the resistance ( we may consider to open a position ONLY if price retests the resistance line) 3 continuing the ranging market for the next 1-2 days ( in this case we SHOULD NOT open any long position because the accumulation scheme would have failed and it might be a redistributon). Follow me and stay tuned! The Italian trader
by Dragon_Investments