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.
Wyckoffaccumulation
CADCHF Update I It will explode to the upside but be patientWelcome back! Let me know your thoughts in the comments!
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XRPUSDT -Wyckoff Method Bottom: 17c-24cHi 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. 👩🏫
The recent FTX saga with Sam Bankman Fried has got the talks about crypto regulation running hot again. Infact, we may see the SEC case against Ripple play out a little bit sooner that anticipated. This will most definitely be bearish for all altcoins (initially) and this is also why I anticipate another drop, to the support zone where I believe we will bottom, according to the Wyckoff Method phases.
While you're here 👀 Here's an ETHUSDT Long Setup that looks promising:
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PG Hello friends! now let 's analyze the PG company my Wyckoff Line indicator, which you can access and which clearly defines the liquidity zone of professionals , as well as with which you can determine the liquidity zones and, accordingly, understand where the accumulation is .
Where is the distribution absolutely clearly and determined the repulsion from the liquidity zone at the very bottom
You can also see that I recently made a deal on the chart , this mark is marked with the mark b 1 ,
which also absolutely clearly indicated the purchase before the decline
On the right we see the relative strength index , which shows that at the moment the company is still in a negative moment relative to the market and it is not yet ripe for purchase at the moment and we must definitely wait until the price reaches the liquidity zone , after which we will already look at the relative strength index and certainly by sector
Thank you all
Click like subscribe necessarily if the review came in! Then I will post more ideas .
My chat of learning and analysis Wyckoff Analytics search in chats and subscribe
Friends, I conduct training in an individual format and in a limited number of students, since a large number will interfere with my trading!
The training course includes :
The Wyckoff Method
Demark method
VSA
A trading method tailored to your psychotype
Psychology of trading
For details, write in a personal message
I can also introduce you to my own unique indicators , of my own design
Wykoff Zone (You determine the activity and zones of smart money and also gives buy and sell signals )
is a Demark indicator that has no analogues on the platform - since most of the indicator are far from the essence of the Dymerka technique and are too simplified , which violates the basics of the principle
For investors, I can shift a 2-week lazy investor course where you can learn how to invest correctly and in which stocks + the tic-tac-toe method
supplemented
with your own developments taking into account the imbalance of supply and demand
Very time sensitive data about current Bitcoin Dump!(In Persian)BITSTAMP:BTCUSD
BINANCE:BTCUSDT
Hi ,In this video I discuss about the current Dump , potential moves of the price in immediate short-term , symmetrical Triangle Breakout and Wyckoff's accumulation pattern in action.
For more reference check my other videos about this Wyckoff's accumulation pattern :
If you found this video helpful like and leave your opinion about the current situation in a comment and follow me for more!! tnx🤞
BTC Analysis for upcoming price movements!!!! (In persian)BITBAY:BTCUSD BINANCE:BTCUSDT
Hi, In this video I talk about upcoming potential moves of the market and the Wyckoff’s Accumulation Schematic that is currently forming on the charts.
If you found this video helpful follow me for more similar content ,leave a like and tell me what is your opinion about this pattern in the comments!!!
3 Malaysia Tech Stocks - D&O, QES, REVENUE Set to JumpAfter completion of a Wyckoff re-accumulation, these 3 Malaysia technology stocks - MYX:D&O MYX:QES and MYX:REVENUE set to rally to higher price targets.
In this video, you will find out the revised price targets based on the Point & Figure price target calculation together with potential entry based on breakout trading or pullback trading strategy.
Top 5 US REITs Poised to Resume The Bull Run (Targets Inside)REITs have been one of the market outperformers in the last 3 months despite the increasing of the market volatility.
In this video, you will find out the top 5 US REITs - NYSE:BRX , NASDAQ:REG , NYSE:UDR , NYSE:KRG , NYSE:RPAI poised to resume the bull run and start the markup phase (Wyckoff Phase E).
Buy Signals for Malaysia Stocks Samchem, Samaiden, RLBuy signals have been spotted for Malaysia stocks MYX:SAMCHEM , MYX:SAMAIDEN and MYX:RL (Reservoir Link Energy). Will the bonus issues of shares and warrants act as a catalyst?
In this video, you will find out how to participate these strong momentum stocks before the explosive move happens.