Get started

Wyckoffaccumulation

BCH/USDT Accumulation Pattern (Wyckoff)BCH/USDT Wyckoff Accumulation: ✅ Phase A & B sideways move lasted for about 1 month, with multiple retests of support. ✅ Phase C retest springs a directional move to the upside. ✅ Phase D awaiting break off structure with push to the upside ❌ Phase E Additional Indicator Analysis: - RSI shows that we are entering oversold territory. If momentum remains, look at possible upthrust potential -> see April 16th and May 4th: somewhere between 35 and 45%. - MACD has just had a golden cross, 3 days prior. Targets for the month of September: Retest of previous highs $1158 and $1490 BINANCE:BCHUSDT
by immediateProfi38898
MES in Wyckoff phaseHi guys, Just playing around a bit because of the holiday. Noticed that ES was forming a common pattern used in Wyckoff theory. So far, we are rangebound, grabbed liquidity on both sides during news event but there is still a pool of liquidity above us. We formed a higher low (which differs a bit from the scheme but ok) and peeked slightly above the news wick. Markets are now closed untill tomorrow/tonight. My bias for tomorrow would be mildly bearish, aiming for a grab on liquity past the lows made during this sequence. I would personally watch price action after we took out a low and found liquity, aiming for an optimal trade entry compared to the new low. Targets would be taking out yesterdays highs. Good luck everyone!
CME_MINI:MES1!
by TheBirdisTheWord
1
ETHUSDT Accumulation Pattern (Wyckoff)This analysis is meant to illustrate the accumulation post the May 23th selling climax and automatic rally establishing support and resistance zones. Wyckoff Accumulation: - Phase A & B sideways move lasted for about 1 month, with multiple retests of support. - Phase C retest springs a directional move to the upside. - Phase D sign of strength with push beyond resistance -> turning resistance into new support levels. - Phase E another sign of strength with push into pre-markdown support levels. Additional Indicator Analysis: - RSI shows that we are in oversold territory. This may lead to a pullback within the ascending channel. - MACD has not shown an indication of reversal. BINANCE:ETHUSDT
by immediateProfi38898
CHZUSD Wyckoff AccumulationThe line chart and volume for CHZUSD seem to loosely match a wyckoff accumulation schematic. Increasing volume on PS and low volume STs in Phase A. Phase B starts with high volume and wide price movements, then low volume on the price decline. Phase C has a low vol spring, then the test forms a higher low on low volume relative to the spring. Phase D creates LPSes on low volume and high volume SOS price markups. Phase E should consist of SOS price mark ups and LPS "stepping stones" higher highs and higher lows. The analysis suggests a price target of $.46 with a time horizon of 2-4 weeks with possible continuation.
BINANCE:CHZUSDLong
by pantalaimon
1
Part 1: A simple analysis of Wyckoff of Wall StreetWyckoff was a pioneer in the technical analysis of the stock market in the early 20th century. He established the Stock Market Academy in 1930. The main course is to introduce how to identify the dealer’s process of collecting chips and the process of distributing chips/judge. Second and third, in the basic law of "causality", the horizontal P&F count within the trading range represents the cause, and the subsequent price changes represent the result. Fourth, fifth, the relationship between price and volume on the candlestick chart to analyze the relationship between supply and demand. This law sounds simple, but it takes a long time to practice in order to accurately grasp the volume and price. I heard that Wall Street financial institutions are using Wyckoff's trading method to judge the trend of the stock market and look for opportunities. So what exactly is Wyckoff's theory? Today, I will introduce to you the famous Wyckoff transaction method. The background of the birth of Wyckoff theory Wyckoff's theory was proposed by Richard Wyckoff. He was a pioneer in the technical analysis of the stock market in the early 20th century. He and Dow Jones, Gunn, Elliott, and Merrill Lynch are considered the five giants of technical analysis. Wyckoff is good at summarizing his years of failures in stock investment and is committed to introducing individual investors to the rules of the game in the market and the impact of large funds behind them. In 1930, he established the Stock Market Academy. The main course is to introduce how to identify the dealer's process of collecting chips and the process of distributing chips. Till there are still many professional traders and institutional investors applying Wyckoff's method. Two Five Steps of Wyckoff Analysis (1) Determine the current state of the market and possible future trends. Judging the current market trends and future trends can help us decide whether to enter the market and go long or short. (2) Choose stocks that are consistent with market trends. In an uptrend, choose stocks that are trending stronger than the market. In a downtrend, choose stocks that are weaker than the market. (3) Choose stocks whose "reason" equals or exceeds your minimum target. An important part of Wyckoff's trading selection and management is his unique method of using long-term and short-term trading point forecasts to determine price targets. In Wyckoff's basic law of "causality", the horizontal P&F count within the trading range represents the cause, and subsequent price changes represent the result. (4) Make sure that the stock is ready to move. (5) When the stock market index reverses, there must be contingency measures Three-quarters of the stocks are moving in line with the market. Grasping the market trends can increase the success rate of transactions. Wyckoff's price cycle Wyckoff believes that through detailed supply and demand analysis, including research on price behavior, volume, and time. The market can be understood and predicted. Wyckoff's 3-Laws Wyckoff’s icon analysis method is based on three laws, which affect all aspects of stock analysis. For example, the forecast of the market and individual stocks, how to select stocks, and the appropriate points to enter the market. 1. The principle of supply and demand determines the direction of the price. When supply is less than demand, prices will rise; when supply exceeds demand, prices will fall. Traders can analyze the relationship between supply and demand through the relationship between price and volume on the K-line chart. This law sounds simple, but it takes a long time to practice to accurately grasp the relationship between volume and price. 2. The principle of causality can explain the magnitude of future price rises and falls. Causality can help investors predict target prices. Calculate the size of the future market by calculating the chips in the sideways interval. You can use a point and figure chart to analyze the cause and predict the result. The "cause" is the number of points in the horizontal interval in the point and figure chart, and the "effect" is the ups and downs of the stock price caused by these points. 3. The principle of inconsistent volume and price can provide an early warning of trend changes. Inconsistency between volume and stock prices is often a signal of a change in trend. For example, in the case of continuous heavy volume, the increase in stock prices is getting smaller and smaller. This phenomenon shows that the dealer is shipping. Application of Wyckoff Transaction Law Let's use the dollar index to explain some of Wyckoff's concepts. The long-term bear market after its peak in 2001 ended in 2009. The fall method without resistance from 2001 to 2005 has proved to be an oversold market, and then the rebound in 2005 was relatively large, which we call the market-to-sales ratio (PS), and the subsequent fall speed tells us that the trigeminal indicator (SC) occurred NS. Looking at the increase in AR, the loss of SC is almost flattened, and the resistance of the supply line is completely negated, which shows that demand has absorbed the selling in the supply area. Wyckoff believes that the popularity indicator (AR) is the beginning of the true volatility (TR). Whether this TR is distributed or demanded depends on subsequent development. During the development of TR, CM's methods began to show. From their behavioral characteristics, it can be seen that this TR is a collection and distribution. Of course, after knowing the accumulation or distribution, you also know whether the market outlook is entering a bull market or continuing a bear market. In 2009 and 2011, the position of the ST tells us that the demand is greater than the supply. Otherwise, the demand generated on the SC will be absorbed by the large supply, causing the bear market to continue. Based on these characteristics, we judged that the accumulation may be greater than the distribution. Because if it is a distribution, the supply is still surplus, then any demand accumulated by the rebound will not help, and the price can only continue to look for greater demand. In conclusion: For the Wyckoff transaction law, many professional traders are using it, but the retail public is still not widely used. The completeness, systematicness, and logic of Wyckoff's method, as well as the ability to find high-probability and high-yield transactions, make his stock selection method and investment strategy stand the test of time. Wyckoff’s training methods enable investors to make sensible, fact-based trading decisions without being disturbed by emotions. Using the Wyckoff method, traders can put funds on the side of the smart money that is the main force in the market. As the content of Wyckoff transaction law is more, more knowledge about Wyckoff transaction law, I will write another article to introduce to you.
NSE:SBINEducation
by forextidings
5
BTC Wyckoff text book accumulation, ready for MARKUPFollowing the idea of the Wyckoff accumulation that has been discussed by trading community last month. Now it looks like clear Wyckoff accumulation, we had the spring. We flipped the Q3 opening which was also the middle of the range (35.5K), retested it (at 36.5K when the price rallied to 40K then bounced on 36.5K, which is above the 35.5K middle of range, so it should be considered as a sign of strenght.) What happened and why so much people got trapped ? We printed 8 daily green candle since the 21rst of July, which can be considered the spring of the Wyckoff accumulation. People called for price below 28K because of the wicks, but if you look at chart in LINES instead of CANDLES, you can see that we indeed had a spring, even if it was a weak spring. But note that not all accumulation phase have spring, if you look at the second schematic of accumulation, there is no second spring (THERE IS NO SECOND BEST - ahum sorry ) school.stockcharts.com Wyckoff accumulation should be analysed checked in LINE, or without the wicks . Se we are currently at the SOS in the 39K - 41K range, option expires today in around 6h. If there is no price reaction, there will be no FUD to worry about for most trader. Let's see if price will markup and if we enter phase E. Last thoughts: We can't still confirm 100% that this is a Wyckoff accumulation we have to see if the price breaks 42K resistance, and starts trading in the 42-52K range, with 46K being the first strong resistance and middle of next range. But looking at the momentum, how price bounced at 36.5K and price being nicely held/squeeze at top range resistance, it is very likely to see a price markup, and I would orient my trading strategy for longs according to these elements. INVALIDATION : What would invalidate this idea ? If we break below 36.5K (last support) I would consider this invalidated. If we break 35.5K (Q3 opening) I would consider this REALLY invalidated. If we break 39K (low of SOS range) I would consider this MAYBE invalidated, but still remain confident in this idea, I would be looking at the price action on 1H - 5MN to see if structure looks bearish or bullish, and would try to add to my long position according of PA.
BYBIT:BTCUSD.PLong
by Atleros
1
BTC Wyckoff accumulation - Phase D - SOSThe recent move indicates that we are currently finalizing the Phase D of the Wyckoff Accumulation. BTC has put up a fairly decent move to the upside market by the SOS (Show of Strength) which could indicate we are ready to enter Phase E, or rather exit the accumulation phase (after some consolidation). The price levels BTC has found resistance are the levels that showed support after the first crash - this is the PS point in the Wyckoff Accumulation. We now need some time to work through these levels, in order to continue the move to the upside. All previous ideas are linked bellow.
by forthescoopJ
1
Wyckoff Accumulation HYLN updated 8/19EV sector continues to show behind the scenes buying from HFs/tutes (look at unusualwhales.com and sort by date of 13F filing). in a previous post, i shared this idea and thought that the accumulation was happening without this downward move into a spring happening. clearly i was incorrect, as we saw very strange -4% days all in a row--which appears very "manipulated" when you also account for increased volume. (i hate using that term "manipulated" but what i mean is that the price was suppressed to allow for more accumulation by those who have the capital to do so).
HLong
by barrymeindrinks
1
EURUSD 1600+ Swing | Wyckoff AccumulationWelcome everyone! I would like to disclose that this is not financial advice, merely an observation from what I have learned up until this point. I am fairly new to trading so if a couple things are a bit off I do apologize, but nonetheless the fundamentals are there, and fairly obvious. I hope you all enjoy and learn a thing or two from my overview. Let's begin! So, first I would like to introduce you to Richard D. Wyckoff (November 2 1873-March - March 19, 1834), an early age stock trader, and educator. As well, the founder and editor of the Magazine of Wall Street, and editor of Stock Market Technique. He was very good at what he did, so good in fact that he owned nine and a half acres and a mansion in Great Neck, NewYork. His methods are still used to this day and help project ranges and identify two of the most important phases of market cycles, accumulation and distribution. So the Schematic I'm using today is the accumulation schematic. It is used when price has been in a strong downtrend, vice versa for a strong uptrend (Distribution). This is the weekly chart for EURUSD. And when compared to the schematic, it's made into a much simpler, more understandable way to look at it. This allows for precise execution on trades and increases the probability of you winning said trades. There are 6 important periods within the Wyckoff Accumulation. - Preliminary Support - Selling Climax - Automatic Rally - Secondary Test - Spring - Last Point of Support Then the final sign of upwards momentum. All of these periods of time can easily be identified when compared to the schematic. So do yourselves a favor if you are new and print out your patterns, formations, and candlesticks. Have them with you when you trade. Practice them, focus on pointing them out in the market. Then execute a well backed and high probability / minimal loss trade. Be confident, remember the market has rules. Good Luck! www.google.com Sources: phemex.com wyckoffsmi.com
Long
by tradecave
1