Wyckoffaccumulation
GBPUSD, 240 pips potential buy setup, Wyckoff analysis in forexWyckoff analysis in forex trading
GBPUSD has a 240 pips potential buy setup.
Wait for confirmation to enter positions.
There's below support level
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🔰 Attention about this GBPUSD analysis
This is my personal idea and analysis only.
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AMC — Ghost Wave Reveals Hidden Fib LevelsThis is a rather difficult thing to sum up, but relates to the Creek Finder tool I've been working on.
The other day, I noticed that you could draw a sine wave which perfectly connected the tops of the PSY, BC & SOS with the bottoms of the Spring and Deep ST of this micro-trading range. After drawing it, I realized that drawing a fib from the first ST to the SOS would have perfectly predicted the wave's amplitude. I call this wave the Ghost Wave.
The Ghost wave showed me there was a kind of energy running through this trading range which extended beyond what the candles revealed. So, I took a second fib from the peak to the trough of the ghost wave and then drew sine waves of the same wavelength (but inverted the peaks) between each of the levels of this new fib. As you can see in the notes on the chart, there are several places where these fib waves acted as support and resistance in a way that straight lines would have missed.
I see these as a myriad of creeks over which price must jump on its way out of this trading range.
On my version of this chart, I also have a volume wave of the same wavelength as the ghost wave. Because of scaling issues on published ideas that hasn't been included. But, you can imagine a wave which connects the peaks of the volume bars. Notice how as we come out of the trough of the ghost wave, it will allow for volume to begin to flow in.
Today, I'm watching to see how the stock responds to the bounce after retest of the 238 wave. Will we be able to take each new level? And will the volume flow in under the volume wave as it rises?
Bitcoin manipulation: Wyckoff accumulation patternWhales and institutions change the whole scenario by using trader behaviours and they know everything better than us.
It’s been a brutal couple of weeks for the crypto market. Everything from Bitcoin to shitcoin has shed billions of dollars leading to a 38% crash across the board. The worst part is that every time it looks like the crypto market is recovering some sort of FUD manages to make the news, which causes another massive sell-off.
Then when all hope seems lost and you’re convinced cryptos dead the trend suddenly reverses and the FOMO strikes back. Now, it’s almost as if someone is trying to make you feel fear & greed at just the right time to move the market in a way that makes them money and leaves you empty-handed.
This has been both a meme and a common saying in the crypto space for many years and it sounds like nothing more than a conspiracy theory. But what if I told you that this is exactly and that there is even a way to predict these market moves in the advance.
Ask yourself this. What happens when every trader is relying on the same patterns and indicators? The short answer is that it makes it very profitable for someone to come in and disrupt the market by pushing the price above or below where most people expected it to go.
This is what Richard Wyckoff noticed over 100 years ago while working on Wall Street alongside Financial Titans by JPMorgan and Charles Dow.
Back then the average retail trader was constantly getting wrecked by institutions and large investors who would manipulate prices to essentially scare them out of their stocks and commodities.
t’s easy to forget that we’re not the only ones investing in crypto anymore. The institutions are here and they know much more about trading than we do. They know that most crypto investors don’t know much about technical analysis. They know that most people invested in crypto are consumed by fear & greed. They know all the patterns that seasoned crypto traders are looking for and how to manipulate them out of their positions.
Even while the market bled and the fud was flying institutional investors were buying the dip like mad. As Alex Becker pointed out more than half a trillion dollars was pulled out and put back into the crypto market in the span of just a few hours. That is not normal market behavior and it’s much more than retail investors could possibly afford.
Those are the footprints of the composite man. The institutional investors are playing by their own set of rules.
The craziest part about the Wyckoff Method is that it makes you question the utility of standard technical analysis. After all, the only way to beat the institutions is to play by their rules. Sticking to the basics is going to get you nowhere.
When you take all of this into account, the idea that someone is pulling the strings behind the scenes doesn’t sound like so much of a conspiracy theory. It’s just the way markets have always been.
The real conspiracy theory would be to say that all the institutions doing the price manipulation are using the media to facilitated by putting out fud and fomo at just the right time.
Smart Money BTC - Continued 12182021With the advent of tax loss harvesting, and news of impending tax on unrealised gains the digital currency market experienced a multi-week downturn. At this present moment a #Wykoff Schematic #1 is presenting itself. In order to make entries on support use lower time frames to locate divergence and impending upthrusts. This will most certainly be an uphill climb but follow the blueprint, this should serve as a guide.
AMC -- Creek Finding Tool -- BETAThis week, I've been experimenting with a method of anticipating creek cross moments across a number of securities. Of course, my intention is to create a reliable indicator to overlay on Wyckoff accumulations in order to understand where the high pressure domes of selling, which pin price down, exist and to recognize as early as possible when one of those zones has been crossed.
In Wyckoff, the creek has long been thought of as a meandering band which winds arbitrarily through the trading range, pinning the price below it. And, a strong cross above that line, usually with a long green candle is a sign that buying has overwhelmed selling pressure and a markup phase has begun. But, what if, in the age of algorithmic trading, there is a predictable rhythm to the formation of the creek?
WIth this tool, I'm using Sine Waves pinned to volume spikes (to determine wave length) and Fib Retracement (to determine amplitude.)
The three creeks being tracked here are:
Creek 1: Yellow --
Creek 2: Red -- This resistance band is tied to the regional low (measured from the terminal shakeout spring from the previous trading range) & current high (marked UT). It has been pinning price lower and lower in the trading range and carried us toward the ultimate spring (which I mistimed with the path I drew yesterday.)
Creek 3: Green --
As always, this chart is open source. Please feel free to click "share" then "make it mine" in order to play with it for yourself.
AMC -- Creek Finder -- BETAThis week, I've been experimenting with a method of anticipating creek cross moments across a number of securities. Of course, my intention is to create a reliable indicator to overlay on Wyckoff accumulations in order to understand where the high pressure domes of selling, which pin price down, exist and to recognize as early as possible when one of those zones has been crossed.
In Wyckoff, the creek has long been thought of as a meandering band which winds arbitrarily through the trading range, pinning the price below it. And, a strong cross above that line, usually with a long green candle is a sign that buying has overwhelmed selling pressure and a markup phase has begun. But, what if, in the age of algorithmic trading, there is a predictable rhythm to the formation of the creek?
WIth this tool, I'm using Sine Waves pinned to volume spikes (to determine wave length) and Fib Retracement (to determine amplitude.)
The three creeks being tracked here are:
Creek 1: Green -- This is the earliest creek established by a reverse fib extension drawn from the buying climax down to the selling climax. As you can see, once across this creek, the price ran to UT. Also note how it acts as a reversal indicator. If above this wave with diminishing volume, you can expect a reversal. I see this creek as a key area to cross early the week of Dec. 27th.
Creek 2: Red -- This resistance band is tied to the regional low (measured from the terminal shakeout spring from the previous trading range) & current high (marked UT). It has been pinning price lower and lower in the trading range and carried us toward the ultimate spring (which I mistimed with the path I drew yesterday.)
Creek 3: Yellow -- For this creek, I'm speculating that the move from the lower trading range may repeat. In that lower trading range, a fib pulled from the deepest spring to the apex of reaction out of it defined the lower yellow band. Once across, a retest propelled the price out of the trading range. So, here, I'm anticipating a similar uprise out of the spring formed on Dec. 23rd to a high near the bottom of the macro trading range (marked SOS on this chart) before a meaningful reversal. A cross and retest which sends the price up and out of this trading range would be a significant finding of this tool.
As always, this chart is open source. Please feel free to click "share" then "make it mine" in order to play with it for yourself.
BTCUSDT 4HHi everybody
I think in HIGH TF (D & W) #BTC is in downtrend. (a long shot is 29K $)
Volume is getting low and lower
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The support zone (40K ~ 42K $) is strong and if it broke it will go to 29K
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For short-term I saw a ACC wyckoff range.
There is liquidity on 45,500 $. it is going to break. and also look at the volume
I placed two position. wait for conformation.
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It is a personal opinion.
Thanks
EURAUD, looking for positions at LPS, Wyckoff method in ForexEURAUD Wyckoff analysis
Looking for long positions at LPS.
We need wait to see price action and confirmation in LTF.
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🔰 Attention about this Wyckoff analysis
This is my personal idea and analysis only.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.
GBPJPY more than 350 pips from our Wyckoff analysisRecap from our previous Wyckoff analysis
See it below
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This is my personal idea and analysis only.
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You also need your own analysis as well and manage risks.
(Update) Bitcoin Wyckoff analysis - More than 280 pipsWe had a confirmation with small Wyckoff accumulation range in 5m time frame.
Our target at Quasimodo level on above chart.
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🔰 Attention about this Bitcoin analysis
This is my personal idea and analysis only.
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You also need your own analysis as well and manage risks.
GBPJPY update, price re-test last point of supportWill we have to change the view?
I'd like to see price testing Last Point of Support.
LPS is also a un-test Demand.
If this level can't hold, we also have to change our view from accumulation to distribution.
I'm waiting to see price action before enter my positions.
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🔰 Attention about this analysis
This is my personal idea and analysis only.
Let's see it as an example or an education content.
You also need your own analysis as well and manage risks.
Gold analysis today, an ideal XAUUSD plan before ChristmasThis is a Gold short-term Wyckoff analysis and just see it as a idea only.
NOT A FINANCIAL ADVICE !!
Here's a accumulation range in 6h time frame
In previous P&F chart, our estimate target around 1813.5. Price was reacted at 1814 level like we were saw on the chart.
Now, we can see an Equal Highs at 1815 level. Liquidity above there.
So, I'd like to see price testing Last Point of Support.
If this level can hold in sessions on Monday or Tuesday , Gold will re-test 1815-1818 level to grab liquidity from Short-side.
There're some key-level that we're marked.
Support is 1790-1991, 1780-1782 and below 1770-1773
Gold could be in the range til end of 2021.
Ideal plan for Gold is price re-test below level then it'll continuing go upward to 1825, 1833, 1845 or higher levels.
At these levels, if we see rejection of price, we can test short positions to below zone.
I'm waiting to see price action and confirmation before enter my positions.
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🔰 Attention about this analysis
This is my personal idea and analysis only.
Let's see it as an example or an education content.
You also need your own analysis as well and manage risks.
Bitcoin short-term Wyckoff analysis, will price re-test 50k ?This is a Bitcoin short-term Wyckoff analysis and just see it as a idea only.
NOT A FINANCIAL ADVICE !!
Here's a small accumulation range in 30m timeframe
In lower TF, price make HH and move in compression to take liquidity.
I'd like to see price testing Last Point of Support. LPS is also a un-test Demand.
If this level can hold, price will re-test above level like 50k.
Target is Quasimodo Level on above chart.
I'm waiting to see price action before enter my positions.
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🔰 Attention about this analysis
This is my personal idea and analysis only.
Let's see it as an example or an education content.
You also need your own analysis as well and manage risks.
Will Ethereum accumulate til end 2021 ? Wyckoff analysisEthereum Wyckoff Analysis & Forecast
Price may move in the accumulation range
And it can take up to 2 weeks to get out of this range.
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🔰 Attention about this analysis
This is my personal idea and analysis only.
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You also need your own analysis as well and manage risks.
Will GBPUD reverse at 1.319 level? Wyckoff analysis in ForexGBPUSD Wyckoff Analysis
I'm waiting to see price testing lower zone.
There's a Quasimodo level confluence with Bullish Engulf candlestick.
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🔰 Attention about this analysis
This is my personal idea and analysis only.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.
Is Bitcoin in a small accumulation range? Wait for testingWyckoff Analysis in Crypto trading
Volume is low now.
I'm waiting to see price testing lower zone.
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🔰 Attention about this analysis
This is my personal idea and analysis only.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.