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Wyckoffaccumulation

Wyckoff Double Bottom Accumulation Accumulation: Wyckoff Phases Phase A: Phase A marks the stopping of the prior downtrend. Up to this point, supply has been dominant. The approaching diminution of supply is evidenced in preliminary support (PS) and a selling climax (SC). These events are often very obvious on bar charts, where widening spread and heavy volume depict the transfer of huge numbers of shares from the public to large professional interests. Once these intense selling pressures have been relieved, an automatic rally (AR), consisting of both institutional demand for shares as well as short-covering, typically ensues. A successful secondary test (ST) in the area of the SC will show less selling than previously and a narrowing of spread and decreased volume, generally stopping at or above the same price level as the SC. If the ST goes lower than that of the SC, one can anticipate either new lows or prolonged consolidation. The lows of the SC and the ST and the high of the AR set the boundaries of the TR. Horizontal lines may be drawn to help focus attention on market behavior, as seen in the two Accumulation Schematics above. Sometimes the downtrend may end less dramatically, without climactic price and volume action. In general, however, it is preferable to see the PS, SC, AR and ST, as these provide not only a more distinct charting landscape but a clear indication that large operators have definitively initiated accumulation. In a re-accumulation TR (which occurs during a longer-term uptrend), the points representing PS, SC and ST are not evident in Phase A. Rather, in such cases, Phase A resembles that more typically seen in distribution (see below). Phases B-E generally have a shorter duration and smaller amplitude than, but are ultimately similar to, those in the primary accumulation base. Phase B: In Wyckoffian analysis, Phase B serves the function of “building a cause” for a new uptrend (see Wyckoff Law #2 – “Cause and Effect”). In Phase B, institutions and large professional interests are accumulating relatively low-priced inventory in anticipation of the next markup. The process of institutional accumulation may take a long time (sometimes a year or more) and involves purchasing shares at lower prices and checking advances in price with short sales. There are usually multiple STs during Phase B, as well as upthrust-type actions at the upper end of the TR. Overall, the large interests are net buyers of shares as the TR evolves, with the goal of acquiring as much of the remaining floating supply as possible. Institutional buying and selling imparts the characteristic up-and-down price action of the trading range. Early on in Phase B, the price swings tend to be wide and accompanied by high volume. As the professionals absorb the supply, however, the volume on downswings within the TR tends to diminish. When it appears that supply is likely to have been exhausted, the stock is ready for Phase C. Phase C: It is in Phase C that the stock price goes through a decisive test of the remaining supply, allowing the “smart money” operators to ascertain whether the stock is ready to be marked up. As noted above, a spring is a price move below the support level of the TR (established in Phases A and B) that quickly reverses and moves back into the TR. It is an example of a bear trap because the drop below support appears to signal resumption of the downtrend. In reality, though, this marks the beginning of a new uptrend, trapping the late sellers (bears). In Wyckoff's method, a successful test of supply represented by a spring (or a shakeout) provides a high-probability trading opportunity. A low-volume spring (or a low-volume test of a shakeout) indicates that the stock is likely to be ready to move up, so this is a good time to initiate at least a partial long position. The appearance of a SOS shortly after a spring or shakeout validates the analysis. As noted in Accumulation Schematic #2, however, the testing of supply can occur higher up in the TR without a spring or shakeout; when this occurs, the identification of Phase C can be challenging. Phase D: If we are correct in our analysis, what should follow is the consistent dominance of demand over supply. This is evidenced by a pattern of advances (SOSs) on widening price spreads and increasing volume, as well as reactions (LPSs) on smaller spreads and diminished volumes. During Phase D, the price will move at least to the top of the TR. LPSs in this phase are generally excellent places to initiate or add to profitable long positions. Phase E: In Phase E, the stock leaves the TR, demand is in full control and the markup is obvious to everyone. Setbacks, such as shakeouts and more typical reactions, are usually short-lived. New, higher-level TRs comprising both profit-taking and acquisition of additional shares (“re-accumulation”) by large operators can occur at any point in Phase E. These TRs are sometimes called “stepping stones” on the way to even higher price targets.
Long
by Crypt0_Ninja
13
FCPO Another Re-accumulation towards RM5480Happy Deepavali to all Hindu fellows... This is UCL Posting :D 1. The last accumulation hit our conservative TP and currently making a new re-accumulation phase with a triangle pattern. 2. If the price can close above 5090 there is a chance the price will continue the uptrend 3. or else possible downwards movement to form spring formation. 4. Notice massive selling volume on 2 Nov might indicate seller close all their position to enter buy. 5. Price do make higher high.
MYX:FCPO1!Long
by ArifHasbollah
TOPGLOV's Wyckoff Analysis with Volume Profile + VSA. 3/Nov/21TOPGLOVE's stock price "Finally" reached RM2.50.. A "very critical support zone"... Where this "zone" are : - 1) Weekly Up Trend Line ( Cyan Dashed) support 2) Weekly & Monthly Demand Zone 3) Zone of lower support @ parallel channel (red).. AND From Volume Profile's POC @ around RM2.70.. we "see" lot of buyer either from institutional or retail were buying in That "matched" what Wyckoff's "Universal" Market Structure in "Accumulation Phase"...
MYX:TOPGLOV
by SteveTan
2
This is a view at a weekly and daily Sup & Res on the BTC / USDTThis is a big zoom out on the BTC / USDT price. This chart has weekly and daily support & resistance trend line. That should indicate what can happen to end of year. There is a horizontale weekly and daily support & resistance line chart up to current ATH. 1) Thing to keep in mind BTC is currently running on a 7 day cycle and a 00:00 to 01:00 UTC trend sinds early bear cycle of this year -----> Trend change on cycle This means that you can simply trade base on the closed candel form 00:00 to 01:00 UTC 2) Wyckoff patterns 3) Volume across exchanges 4) Liquidations events 5) RSI's, (Expomential) moving averages and MACD ( 5D 10D 21D 50D 200D ) 6) New trend data "on" and "of Chain" 7) World News (TV, Twitter ect.) 8) Dominance, Market Cap ------> ( BTC, ETH, TOTAL, TOTAL2, TOTALDEFI and high cap markets ) 9) pairs to watch: USDT.D ** BTC/USDT ** ** to watch closely ETH/USDT ** EHT/BTC ** EUR/USDT SOL/USDT ** ADA/USDT ** BNB/USDT FTT/USDT FTM/USDT ***/BTC (any BTC pairs) Happy Trading
Long
by SPACEMEN99
EURUSD is ready to dropOne objective of the Wyckoff method is to improve market timing when establishing a position in anticipation of a coming move where a favorable reward/risk ratio exists. Trading ranges ( TRs ) are places where the previous trend (up or down) has been halted and there is relative equilibrium between supply and demand . Institutions and other large professional interests prepare for their next bull (or bear) campaign as they accumulate (or distribute) shares within the TR Comment: HOW to trade in the accumulation and distribution area as a suggestion I propose using 15 minutes time frame and buying when you see a bullish engulfing candle sell when you see a bearish engulfing candle take profit after 10 pips sl 10 pips Comment: Bollinger Band 50 can also increase the probability of getting the right engulfing candle
Short
by zrrsys
25 May '21: EURAUD - Wyckoff & TrendThe monthly trend line forms the bottom of a rising channel. The accumulation phase here dovetails nicely with the trend line. In the next three to six weeks, the SOS on the chart should relax down into the BU/LPS, which I expect to fall into one of the buy zones, before breaking upwards. I expect the whole move to take no more than two months. If the third (orange) buy zone breaks down into the daily demand zone (2nd daily demand zone from the bottom), look for a retest of the monthly trend, and a possible flip to bearish outlook. I may look for a short scalp setup leading into this if I feel daring, but it would appear the best entry for that is already behind us.
Long
by doctordrew77
GBPUSD Short idea reentryGood Morning everyone, in case you missed it my short position from yesterday is in profit about 70 pips right now. It’s not too late to secure an entry. Currently price is sitting around 1.37500. If this level can hold then price could make its way back up to 1.38000. This is an area where i will be taking another short position with a stop loss at 1.38175. Long range take profit for me is 1.36500. This is one of many updates to come for GBPUSD. If you like this idea and it lines up with your own technical analysis don’t be afraid just hop in the trade. Please like, comment, and follow. Happy trading everyone
Short
by kamaricolmn
1