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Wyckoffaccumulation

EURGBP: Wyckoff schematics (Accumulation) - Ready to move higher---> SMART MONEY CONCEPTS <--- Here as you can see EURGBP formed a Wyckoff schematics and done it's accumulation. Now it's ready to move higher offering a great risk to reward (1/10). Logic behind the idea: ->After an extended move to the downside, market got in consolidation mode, in order to build orderflow to push the market higher. ->After the spring, where they took out all the liquidity which was placed below the Selling Climax support, they pushed higher with some sharp bullish candles, showing us a Sign Of Strength. ->Now the market came to fill the imbalance the big bullish candle left and test the institutional candlestick, in order for them to buy the last position to push the market higher. ->Our job is to understand the Wyckoff Schematics concept and enter the market in the most favorable price, which will offer us a very good risk to reward ration. GOOD LUCK GUYS & HAVE A GREAT WEEK ! ! !
Long
by MONEYMAKER00
3
3 Malaysia Stocks to Ride the Recovery ThemeAs the funds being rotated out from the technology sector MYX:TECHNOLOGY , recovery theme stocks in Malaysia has outperformed the market. In fact, it is possible that the recovery theme rally has entered into Wyckoff phase E, which is the marking up phase where the momentum move begins. In this video, you will find out the top 3 Malaysia stocks MYX:AIRASIA , MYX:GENM and MYX:GENTING that are now riding and leading the recovery theme. Potential low risk entry via pullback trading or breakout trading together with the targets at the key levels are covered in the analysis.
MYX:GENTINGLong
by mingjong
Bitcoin is heading northSince the last week of februari, the bitcoin price was ranging between ~$45000 & ~$52000. Now we see the price broke out of the range. What's next? First i want to talk about what actually happened Because i spotted something interesting. We where trading in a range, and at the same time price was forming a Wyckoff re-accumulation schematic. (in my opinion) - Price formed the Range low --> Sellers climax - Price formed the Range high --> Automatic rally - Price made a daviation of the range low --> Spring Price broke out above the range!? This could mean that: we are going to see SOS (Sign of Strength) following the wyckoff. Wich is falling inline with: long opportunities at the former range high. But if the bulls can build a lot off momentum, we might not see the test of the range-high! My conclusion: I think the bulls are ready for a next leg up. I'm aiming for ~$66000 Thank you for checking my analysis! Do you have tips or other comments? Tell me please! I'm open for feedback!
BITFINEX:BTCUSDLong
by stannieb