USD/JPY Trade Recap: Precision at Its Best!This trade on USD/JPY played out beautifully, showcasing the power of a well-structured approach and advanced tools like the WiseOwl Indicator. Let’s break it down:
Trade Context:
On the 1H timeframe, the market was respecting a clear bullish structure.
Using the WiseOwl Indicator, I spotted an ideal entry point at the breakout of the accumulation phase, which aligned perfectly with the higher timeframe trend.
What Happened:
The entry signal was spot on, and price moved precisely toward my medium-term target of 156.74 and even beyond.
Currently, price is hovering around 157.45, and I’m watching for a potential pullback into the 155.50–156.00 zone for the next move.
Key Takeaway:
The WiseOwl Indicator helps simplify decision-making by highlighting key setups in alignment with market structure. Paired with patience and a solid understanding of context, this creates high-probability opportunities.
💬 What are your thoughts on this trade? Are you using similar tools to refine your entries and exits? Let’s discuss below!
Wyckoffaccumulation
TSLA in the way to the all time highTSLA has jumped across the Greek (Wyckoff) and currently above the wide range for 2 weeks.
Now , TSLA heading to the all time high that marked in white color and may be reach before D.Trump inauguration on January 20, 2025
Target points and Stop Loss are marked on the chart.
I am Just sharing insights and market trends for learning and growing every day and it is not financial advice.
FTM ready to Go-Break out of the downtrend has been completed One of the best strategies, breakout of the down trend and retest it.
Strengths Points: one week candle has broken the blue down trend and it may continue to enter the white wide range, also reverse head and shoulders pattern formed
Target points and Stop Loss are marked on the chart.
I am Just sharing insights and market trends for learning and growing every day and it is not financial advice.
GBPJPY BUY TRADE Oct 8 2024This trade comes to fruition after checking for manipulation of lows using 4H-1H-30min-15min.
Allowing me to activate the said pending order -Buy limit during London session (metatrader 4 platform) . I marked that demand because using the order flow, I can see enough evidence to go long. Risking 0.5% of the capital. Every trade that I initiate comes from the basic idea of supply and demand.
(please check the attached charts for a detailed structure of entry and exit points)
Always be patient and look for proof before you put pending order.
TOTAL - Wyckoff Accumulation 2 Setting up!Price come into the monthly demand at the $1.8 trillion level and we have since formed range conditions after a selling climax event with a massive volume rejection on the weekly and daily wicks into the monthly demand range as shown on the chart. This was also discussed and noted on 05/08 at the height of the crash where i noted the presence of high volume being a positive thing in stopping the proceeding bearish trend alongside the fear and greed index reading 26 in fear as we come into key levels after the capitulation showing us great signs.
TOTAL Volume Analysis from 05/08:
Since then we have formed a local range after the high volume capitulation low got put in and many question whats next in this range?
For me, im seeing this as an accumulation range after the SC event just like ive detailed on BTC.
I think we have bottomed in the market, i think we are accumulating here in this local range and we are likely to form a last point of support (LPS) and HL in the range before a breakout of the highs into new highs over Q4.
Its setting up great here and im confident we dont put in new lows from here. Im expecting a little more correction in the range as shown into the LPS but overall im focused on the upside from here in line with the HTF!
TOTAL - Wyckoff Accumulation Range in Progress!Price come into the monthly demand at the $1.8 trillion level and we have since formed range conditions after a selling climax event with a massive volume rejection on the weekly and daily wicks into the monthly demand range as shown on the chart. This was also discussed and noted on 05/08 at the height of the crash where i noted the presence of high volume being a positive thing in stopping the proceeding bearish trend alongside the fear and greed index reading 26 in fear as we come into key levels after the capitulation showing us great signs.
TOTAL Volume Analysis from 05/08:
Since then we have formed a local range after the high volume capitulation low got put in and many question whats next in this range?
For me, im seeing this as an accumulation range after the SC event just like ive detailed on BTC.
I think we have bottomed in the market, i think we are accumulating here in this local range and we are likely to form a last point of support (LPS) and HL in the range before a breakout of the highs into new highs over Q4.
Its setting up great here and im confident we dont put in new lows from here. Im expecting a little more correction in the range as shown into the LPS but overall im focused on the upside from here in line with the HTF!
GBPJPY Oct 4 2024 pending buy limit activatedDetailed entry on GBPJPY maximizing liquidity grab. :)
This trade was taken during N.Y session of Oct 3 2024. I set pending buy limit because I saw Slow motion while approaching fair value gap (see charts arrow) . As I go to my fundamentals i saw an important NEWS --> NFP USD. Anticipating large momentum because of the demand introduced this week. This trade was a success, years of learning and charts behavior observation. Trade with confidence and patience. :)
Have a great day folks!
#wyckoff
#supplyanddemand
BTC Wyckoff accumulation Schematic 2 - Moving as planned!BTC Update:
So since my analysis on BTC, price has delivered beautifully and exactly as anticipated from the forecast, having took the internal highs at FWB:65K and into HTF supply from the prior weekly bearish leg and we had the bearish reaction from this area.
Price has pushed back into the daily range with a lovely bearish reaction, further fuelled by the FUD news, timed pretty much perfectly to the bearish momentum and downturn in the market as we sit in this accumulation range. However im not worried regarding the news as i see it as FUD in line with my wyckoff understanding.
In line with my USDT.D update also posted recently, im still seeing a little downside risk in BTC and im expecting it to continue bearish and push down deeper into the levels marked up between GETTEX:59K - $52K. This level is the discount of the accumulation range and the HTF weekly range and aligns with the weekly demand range, 3D demand range and daily demand range, alongside resting SSL to target at $57,500 in this area, making a prime reversal level and key level imo.
As im viewing this as a reaccumulation range, following wyckoff schematic 2 as shown, im looking at price to form a last point of support in this area and a bullish reversal to form and expand out of it as shown. This is my main idea and thesis so far as we continue to range here after the capitulation event. Now my idea could get invalidated at a later time but right now its aligning pretty perfectly alongside what im seeing on USDT.D in its distribution range and price doesn't have to take the lows again on BTC so don't be fooled into thinking it does as right now its not suggesting this and im not looking for it.
Patience is needed here as we need more price action to form to work with, but overall its looking great, i aint worried and my focus remains on the range.
As a result, i expect alts to continue to bleed and underperform, especially as BTC.D continues to push up into HTF supply and ETH is looking rather weak here with potential to take its lows again, which could end up being SMT divergence between ETH and BTC as it forms its bottom here over the coming weeks.
With Q4 just starting, im looking for the next expansion phase in the market to begin within this quarter, alongside the US elections next month which is typically a bullish event in the market! Its all aligning in my opinion for a bullish Q4 and Q1 of 2025, we just need to have patience here and not get shaken out in this range.
In addition to this China has started quantitive easing and their market has went on a massive bullish run the last week, with the US also easing up on interest rates cutting them by half a point, leaving investors able to acquire debt at a cheaper rate which typically fuels further bullish momentum in the market, as the M2 money supply increases too which i will delve into in another post.
Essentially as global money supply increases, money markets tend to also increase and ill break down this relationship in some other charts to show you just how correlated this is as its very interesting stuff.
The technicals are aligning with the macros and i think its shaping up to be a great Q4 and Q1 of 2025!
Dont be fooled by the first bearish tones to Q4, think of the monthly candle in terms of the PO3 Power of three formation, we have started the new monthly candle, forming the downside wick before the true expansion to the upside begins!
GBPJPY BUY Trade Activated Sept 26 A simple trade using the knowledge of market structure and checking the story from higher TF to lower TF.
As you can see, it is moving in the upward direction. I was waiting for buy trade using my old time buddy lists :) ---> POI ---> IMB, OB, Supply and Demand with validity or proof using BOS --> CHOCH or liquidity grab in the direction of the trend.
This trade was activated by a buy limit order at around N.Y session. Aiming for 4:1 RR :)
#smartmoney
#patience
#characterandiscipline
Snoflake [SNOW] Wyckoff Bullish PatternsVery fundamental company. The last consolidation after very large drops is a good prognosis for an upward exit. It is necessary to focus on Wyckoff Wave Volume, which decreases at the bottoms. This means a decrease in selling pressure. There were two shafts with a very large purchase volume and a wave marked with volume 200. It was a very large sale that did nothing to the price. This sale was absorbed by buyers.
This security has typical accumulation features. In my opinion, it is on BUY with a target of $ 140/150
For more analyses using price and volume and the Wyckoff method, subscribe to the profile
Wyckoff accumulation Schematic 2 setting up in the market:My thoughts on the crypto market looking at the HTF to the LTF setups playing out in these lows in altcoins.
Im thinking we capitulated into HTF key demand levels and SSL in August for the august monthly candle leaving a large downside range in most pairs creating the sellers climax (SC) event with huge volume nodes and wicks, starting the initial phase of the accumulation process in this local range and stopping the previous trend.
We have then ranged further and reaccumulate in the August candle in key levels creating the AR, ST and UA events in the range. Then as we moved into the September monthly candle where we failed to run the august lows with the ST event in phase b, as seller volume droped off as price tests the range lows indicating a lack of sellers after the SC event, giving us a possible wyckoff accumulation model 2 taking place as shown in the schematic below.
In turn leaving SSL intact on the august lows below $49,500 which we may not run, whilst people expect another sweep lower to take the LTF range lows, not realising its a potential accumulation range setting up in a larger overall range from the capitulation, without the need for an external LQ sweep to the lows again.
Im seeing a lot of coins following last points of support in accumulation structures on the LTF in key levels, flipping LTF bullish on the daily and now pushing higher.
Im thinking we see a possible expansion set up for October Q4 out of the lows in line with LTF bullish structure, going from LTF bullish accumulation following last points of support (LPS) into new HTF bullish structure as we come into Q4.
Thats kinda how im seeing the market set up right now and im leaning towards not seeing a further crash lower into new lows and the prior August lows for the most part just yet and more so towards this being an accumulation range with a pullback to LPS before a new bullish move higher into ATHs
Does Solana will continue their bounce play more than 45% !!Solana has gained more than 45 % from last fall down that was in 5th August 2024
the trend right now is inside the range ( Phase C - Wyckoff Method )
The far target is 216 ( Top of the side way range) if the Re-accumulation phase has succeed.
SL is 141.46 ( this for me is consider thin stop loss due to the high BINANCE:SOLUSDT volatility of the crypto market)
I am Just sharing insights and market trends for learning and growing every day and it is not financial advice.
PFE is it completed the Accumulation and Going to Fly ?! It is the first time to break out the wide range since DEC 2023
Now We are in Phase E ( Trading outside the Range) - Wyckoff Method
Supply showing Effort with no result
Demand has Increased
Also there is upcoming earning
so, Is the accumulation phase has completed and we are going to 🚀 ?!
TP 01 : 34.71
TP 02: 37.17
SL: 29.30
I am Just sharing insights and market trends for learning and growing every day and it is not financial advice.
TIA/USDT have formed 3 strength Signs TIA have formed 3 strength Signs :
Inverse Cup and Handle
Double bottom
Spring #Wyckoff Method
Targets are marked using Fibonacci
Far Target - the top side of the lateral Trend at 11.67
SL - 6.67
I am Just sharing insights and market trends for learning and growing every day and it is not financial advice.
Bullish on BTC? Here's The Level To Buy!If you're seeking a level to buy BTC, we're pretty much at the level to enter long.
After the recent flush-down in BTC, whales grabbed liquidity and are now adding to positions to reducing supply.
Just waiting for a Return to Origin per the Wyckoff Schematic.
Happy Trading!
citigroup completed wyckoff accumulation - ready for take offcitigroup is showing all major signs of having completed wyckoff accumulation near bottom since 2009. it has been in congestion for more than a decade now and has failed to make a new low over more than a decade. currently it is reversing strongly from the bottom of the trading range. next ten years could see it reach 500 again (10x potential)
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?
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.