Gild is at it's final face of accumulation?I believe Gilead has made it's final low on Oct 29th. These Wyckoff accumulation patterns are very powerful reversal patterns. I will be more convinced if price breaks above the red line resistance. If that that happens, , I will start adding GILD on my portfolio. Good luck everyone
Wyckoffaccumulation
Accumulation + Divergences + FakeoutCHART ANALYSIS
Here we are at PoundYen, after a steep drop, for sure we're looking for reversal.
What a beautiful setup here, on Wyckoff method, I'm getting an accumulation phase.
In same time it also a fakeout setup to a tiny demand zone from previous rally and
it got multiple divergences on MACD indicator.
As always, trade with proper risk managements and much loves!
(Sorry my Windows emojis panel broken, got no emojis today T^T)
CADJPY is technically bullish but practically bearish
CADJPY is technically bullish but practically bearish
look at the chart and you will understand
My pov wait until the end of November to buy from the dip
CADJPY is starting an accumulation phase
Higher bottoms within the range is usually considered a signal that the price action is currently in an Accumulation phase.
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.
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"...
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
Higher Timeframe Accumulation EURGBP📈 CHART ANALYSIS 📉
Previously on my analysis of EURGBP on 4H timeframe has completed the accumulation phase.
Here on bigger timeframe, we found another ongoing accumulation phase. May we all witness
a new rally toward marked supply zone and higher high! 😘
Also, get your MACD indicator, you may found a divergence signal on it while the chart creating
lower lows.
Trade wisely and much loves! ❤️
Possible Swing Trade EURGBP📈 CHART ANALYSIS 📉
Good monday everybody! 🙌
Here on Wyckoff analysis on EURGBP showing a complete accumulation phase.
Personally I'm waiting it to make a major markup first and retrace back to
breakout of marked supply zone and proceed the 5th Elliot wave. 😘
Trade wisely and much loves! ❤️
Signs of Bullishness - BitcornI think the suspected Wykoff Accumulation (ignoring wicks) has followed up with a spring and is ready to launch. As always, there's a chance of being wrong and the downside is significant once below $58k. I have target around $64-65k for myself if this plays out as predicted, however, higher is down right possible, talking to YOU Jim Crammer ;) . I have a small 50x long from $60k, so I am bullish. Appreciate the risk, NFA, DYOR
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
Bitcoin - A Wyckoff Cycle Study (Another update)I promised an update to my Wyckoff study of Bitcoin, and with the recent Alert from Glassnode that the balance of BTC on Exchanges is at a 3 year low, I feel we can plot another waypoint on the course towards Wyckoff Distribution. That is, we haven't reached the point of Preliminary Supply (PSY) yet, but this correction is likely the predictive marker that it is next.
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.
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
GBPUSD Buy and SellnIdeas. READ THE CAPTIONRight now price for GBPUSD is heading towards our first take profit on this ride we are about to take. Price is playing out as Wyckoff Accumulation on the Daily timeframe. We are currently still in the spring phase. If you want to know what Wyckoff method is google it and you will find good examples. I have labeled price targets as well as long and short positions for trades I will be taking personally. Right now I'm in profit on the way to my first buy target for a personal long position. My take profit is 1.38250. As the days and weeks pass by I will be posting updates for trade results and new entries. Like and Follow so you can take this ride with me. Ill be posting as I take my positions in real time so don't miss out so you can compare with your own analysis.