DEC 18 GBPUSD SELL TRADE ACTIVATEDThis is a classic move when you know wyckoff schematics ( supply and demand) . I am checking gbpusd since november, it was only this december that the movement gets slow motion. This was an evidence for me to go bearish once I had a validity in lower timeframe.
FAST FORWARD: Dec 12-16 MOVE was a confirmation for me to look for short trades, If you will notice here in my chart : order block was created (supply). I marked it as my POI , Look for validity and EQH---> sell limit activated with a beautiful 1:5RR.
(check chart for complete details) .
#wyckoffianttrader
#profitablesystem
#psychology.
Wyckoffdistribution
100k BTC appears to be in the LPSY stage of Wyckoff DistributionCompare the chart with the final stages of a Wyckoff distribution cycle chart and you can easily see with are in the final stages of the LPSY phase. I expect BTC to open to the upside during London open or NYSE open then crash quickly.
Trade carefully.
EUR/USD short from 1.05993With the extreme bullish price movement on the dollar and the continual downtrend on the HTF of the Euro we can expect price to continue in its downward move.
I can expect to see market open and Asian session consolidation before price pushes up taking the Asian session liquidity and reacting from my LTF zone to continue in its downtrend. This is further supported by the fact we see a large wick to the upside before seeing a strong bearish candle suggesting price strength is to the downside.
It is also possible price could push up slightly further as we are beginning to see some HH and HL forming on the LTF signifying a retracement to collect more liquidity before price continues in its downtrend from a 6H supply above.
GBP/USD drop to 1.282We can predict that this week the pound will continue to fall as it directly goes against the dollar and we all know the dollar is on a rally up as of now after the elections. I have 2 scenarios that will play out for the pound to continue dropping.
Scenario A: Market open price pushes down to take the EQL liquidity and breaking structure to the downside in order to validate the hourly order block and react from it in order to come down towards the weekly demand where I believe it will then have a bullish reaction over the next couple of weeks.
Scenario B: Market open price pushes up taking Thursdays high and the ASH that remains tapping off the 3H supply left at the last swing high before melting to the weekly demand.
Note: It is very possible that price may drop without reacting from any of these zones but is also very unlikely as price structure follows and repeats patterns and needs to take liquidity in order to move.
SOLUSDT - the real indicator of bear market!I think everyone should take this chart as a basic reference for trading
Why is sol considered a real indicator of the market situation?
sol is one of the biggest coins in terms of market cap ( 5th in ranked with 78.2B in marketcap)
As you can see on the chart in front of you, sol rose more than 600% last October when it broke the 300 day of accumulation and it was a strong entry signal for all other currencies
Now on the weekly chart we see that sol is forming a wyckoff distribution pattern. I uploaded a picture to verify this for yourself. check it and you will find it matches what is happening on the chart
You will find the 0.786 level is the bottom, which if it is broken weekly, it is a clear and explicit signal to get out of all your money from the market and make it 100% cash
according to this data i see that will happen within 2 months
Best regards Ceciliones🎯
USDC.D In a Wyckoff Distribution range - Breakdown imminentUSDC.D Looking bearish as hell here in its Wyckoff distribution range. Compare it to USDT.D and see the similarities.
The difference being USDC.D is leading here and weaker, compared with USDT.D. Both still look great for the downside here and its only a matter of time before they roll over and the market runs to new highs!
USDC.D:
USDT.D:
Once this breaks down with USDT.D, we are in for the next bullish expansion in the market to new ATHs!
USDT.D Incoming bearish reversal and a bullish market and Q4!Im loving the look of USDT.D right now, it looks so bearish with the recent HTF closes. It looks done for and in the perfect wyckoff distribution.
Following the plan to a T, rejecting off the 5.90% level as discussed in the prior analysis where this was a key resistance level from the first PSY event. Price has refused to push to the upper limit of the range, rejecting from the last supply point and PSY in the range, formed a swing high on the daily, swept that high and is now continuing to distribute lower in line with the HTF picture.
This does look like a local top here following the last points of supply and we could be putting in local bottoms in the market.
Market could start its next run higher anytime over the next couple weeks now! Be patient, we are almost there!
USDT.D Pulling back into Last Point of SupplyUSDT.D Update:
The markets pulling back as expected, this is as USDT.D pulls back into the range with some momentum, creating a bearish pullback in BTC and alts in conjunction with my prior BTC and USDT.D analysis
Nothing to be worried about, simply pulling back into the range forming a last point of supply in the distribution range on USDT.D and a last point of support on BTC in its range.
We still have some pain to come where i anticipate USDT.D to push higher into the areas marked up before seeing the reversal back bearish, what matters here is sticking to the plan and remaining patient.
If your not allocated in the market, this pullback will provide ample opportunity to get some exposure and risk on before the next bullish leg in the market as USDT.D breaks down out of this range. This will be one of the last chances you get to get in coins that are still priced in discounts relative to the HTF!
As price has pushed into this area im seeing an increase in volume from the latest 2 daily candles which is a good sign imo as we come into this key area and supply. However, theres no signs yet to suggest the trend on USDT.D is over and we remain bullish on the daily and 4h as we push into the range high.
As a result, im still expecting more pain in the market and red until USDT.D tops out and there is still room to the upside for it to push into as shown on the chart. I remain patient here and confident in my bias and idea still as nothing has changed at all.
There is a lot of resistance coming up on USDT.D and id be surprised to see it continue to the upside when theres a lot of levels to clear in this range as well as the prior resistance at 6.51% and the PSY at 5.90%. These areas key areas and im looking for USDT.D to reject from these areas, with high volume before breaking down from the 4h into the daily and then pro trend in line with the HTF picture as discussed here: free-analysis-channel.
Patience needed here and some confirmations from these areas over the coming week or so!
Never surprised, never worried and always composed 🫡
USDT.D Wyckoff Distribution Profile - Bullish Q4 Upon UsUSDT.D Distributing as BTC accumulates.... The Perfect Storm and great times ahead in Q4 are upon us!
As BTC sets up in its accumulation range near perfectly aligned to the accumulation schematic i shared prior.
USDT.D is setting up near perfectly according to the Wyckoff distribution schematic too, which is no surprise as their relationship is inverse.
A pullback is needed and forming in the market, forming phase 3 of the profile into last points of support and last points of supply.
Phase D to follow - The expansion out of the range, leading us into a beautiful Q4!
Just as BTC looks to be in an accumulation range, USDT.D looks like its forming a local distribution range as expected at these levels and as ive said plenty of times prior.
When I delve into the daily TF it becomes more apparent and easier to see, just like it is on the BTC accumulation range.
USDT.D has pushed into the FVG i was looking at and come lower into the range lows and closed bearish on the daily below the prior swing low indicating weakness.
USDT.D is naturally having a pullback now after taking SSL and filling all the FVGs in the range, and BTC and the market is also having a pullback as this trends up with it being inverse.
As im seeing this as a distribution range, i expect this to push back into the upper bound of the range into supply and form a last point of supply in a distribution profile, before continuing bearish pro trend and truly breaking to the downside throughout Q4. This is the same as my BTC analysis where im looking for a BTC pullback into a LPS before continued upside into new ATHs.
This in turn sets us up for a bullish Q4 in the market as USDT.D breaks down bearish pro trend and into the HTF targets around 3.73%, whilst BTC pushes into new ATHs alongside a bullish market.
We are not prepared enough for whats to follow 🚀
XAUUSD ¿Can we confirm WYCKOFF DISTRIBUTION?1️⃣ Demand Taking a Break: After hitting its ATH with a clear UPTHRUST, the market has paused.
2️⃣ Triple Test Failure: Three tests with no significant demand generated.
3️⃣ Price Exhaustion: With the price looking worn out, we could see a move towards the $2487 liquidity zone and potentially lower, offering the supply side a chance to find fair value.
Keep an eye on how this unfolds. ⚠️
Lululemon: Downward Dog Days Ahead? - A Wyckoff Distr AnalysisINTRO
I have been sitting on this idea for a while and finally decided to put the pen to the pad. For the past three years, there have been signs that Lululemon's stock may be destined for a decline. This trade idea will explore the potential for a downtrend using Wyckoff analysis, a technical analysis pattern used to identify trends within a market cycle.
The Wyckoff Distribution theory suggests that large institutions subtly distribute their holdings and initiate short positions before a significant price decline. This distribution unfolds in five distinct phases, each with its own characteristics. In this article, I'll describe these phases and analyze how they might be seen in Lululemon's case.
For reference, this is the schematic I will be comparing my LULU case to.
The Setup
The company's story began in 2008 with its founding. Like most companies, it was affected by the 2008 financial crisis and faced challenges in its performance. However, it recovered strongly over the next 3 years, with its stock price increasing by almost 3,700% from its low in 2009 to its high in 2012. From 2012 to 2018, the stock underperformed as its valuation took some time to catch up. During this period, LULU steadily improved its financial performance, attracting the attention of smart investors who began accumulating shares.
Phase A
The distribution phase marks the end of the prior uptrend. Up to this point, buyers have been dominant, but now we see evidence of institutional selling with the preliminary supply (PSY) and the buying climax (BC). The BC indicates the end of the uptrend as institutions freely unload shares. The low created after the BC is called the automatic reaction (AR). This low is important because it represents the lowest price at which institutions are willing to sell their shares. The AR and BC form our distribution channel, and there will be secondary tests (ST) of these ranges.
Phase B
Phase B functions to create momentum in preparation for a new downtrend. During this phase, institutions and large professional interests sell off their holdings and start taking short positions. This is typically marked by low-volume rallies and high-volume declines. Additionally, we may witness signs of weakness (SOW) and upthrusts (UT), which are further tests of supply and demand as institutions assess interest. Note the volume as the stock price advances and declines.
Phase C
Phase C is an optional phase that primarily serves as a test of the remaining demand. You can identify it by the UpThrust After Distribution (UTAD), which is a price move above the trading channel resistance that quickly reverses and closes back within the channel. It is a bull trap – it appears to signal the resumption of the uptrend but in reality, it is intended to trick uninformed break-out traders. It is used to snag additional shares short at elevated prices before a decline. Note the volume spike to create the UTAD and the volume spike to take it away.
Phase D
In Phase D, there is growing evidence that the uptrend is coming to an end. Sellers take control, leading to a clear break of support or a decline below the midpoint of the trading channel after a UT or UTAD. During this phase, there are typically several weak rallies, each marked by the last point of supply (LPSY).
Phase E
The final phase of the cycle is Phase E. It depicts the unfolding of the downtrend; the stock leaves the channel to the downside and supply is in control. This represents a high-probability opportunity to sell short. Subsequent rallies during the newly formed downtrend are quickly washed with selling.
We haven't entered Phase E yet, but the chart is currently aligning well with our expectations. Given that the pattern has taken 3 years to form, it will likely result in a longer-term short. I believe that targeting the 150s is reasonable if the analysis is accurate. I would appreciate hearing your thoughts on this.
GBPUSD - Sell trade July 24 2024I'm Back!
- busy with some learning materials as I level up on analysis and data.
attached here is the GBPUSD
july 24 2024 trade.
I noticed supply introduced in daily TF up to 4H TF ( markets are fractal) . It makes me conclude that it will be a bearish momentum (correction) because of wyckoff accumulation last week. As I continue to monitor the charts during London session, I noticed liquidity sweep in highs of the structure, so I create an alert in my algorithm to alarm when it noticed a tiny supply introduced in 15 min TF. Setting a pending order aiming to have 5:1 RR. During N.Y session, it moves according to plan, coming to fruition this morning (PH time) .
(check charts for a detailed analysis) # wyckoffdistribution #algorithm #supplyanddemand
XAU Nearing End of DistributionExpecting XAU to be bearish for the mid-term.
**Please click on the chart for reference.
Using Wyckoff Theory, we are nearing the end of the distribution cycle. There's always the possibility that price could push back up through the top of the trading range with a UTAD. If price breaks through the TR support and retests it as resistance, I'm expecting the downtrend to start at that time. If price does not break and retest support, I'm expecting it to travel north through the TR to make a new high (test of demand) before selling off. Current structure and technicals don't necessarily support the second possibility but I'm throwing it out there as a "possible-maybe".
I currently have a small short position with short term targets of
TP1 @ 2278.04
TP2 @ 2243.76
TP3 @ 2187.09
BTC in a daily distribution or accumulation? What's next.
Since the beginning of March 24 BTC has been forming a Wyckoff distribution pattern on the 1D chart.
Typically I would expect a major sell off at the end of the distribution. However, as we have just gone past the Halving there is great expectation that price will push up towards the $100K mark and possibly beyond.
Therefore, I feel that this current Wyckoff pattern that is paying out before us will ultimately flip into an accumulation and price will break above the FWB:73K region and make new highs.
Of course, that may not be the case and we do in fact see a sell off.
Should this happen and as price is currently making lower lows I feel the region price could move down to will be around the $50-52K mark.
My chart has two paths plotted of what I expect could happen. In order for the bullish case to take hold price will need to climb above the FWB:67K mark and hold to form a base before going higher.
My current bias is that we will ultimately see price fall to $50K and make everyone fearful that the run is over and you will hear everyone calling for $40K. Of course $40K will never come while the smart money add to positions at $50K. Late Q3 I would expect to see a rally back to $60K and then retail will FOMO in thereafter.
Do not get shaken out.
Marklaar84
GBP/JPY - Wyckoff Ideaas you see, this is distribution structure.
I think that we are going to make a retest on the ICE and I got a connection between indications so its looks very good.
I still wont do a sell limit because I want to see the price action and let the price create my stop loss.
I upload this to get comments and things that I can Improve
Bitcoin in a Phase C or Phase D Wyckoff Distribution channelThanks for taking the time to read my analysis. Today we are studying the 1H time frame for the BTC chart. I drew a parallel channel where price seems to come up wick the 71,200-71,600 levels then go back down. More likely a quick little short squeeze to wash out the levered shorts before making the next leg down. BTC loves doing this as it is a highly leveraged market.
Now approaching the halving, I am sure you have seen all the charts about how BTC historically corrects right before the halving. However, history here in my opinion is pointless. Previous charts are invalidated and pointless so all we can go off is the time frames we have now and are witnessing.
I drew out a fib retracement to where I believe we are likely to correct to. Usually during a distribution phase on Wyckoff there is a upthrust/spring which happens post breakout. We seem to be doing that right now. This rally in my opinion seems like it is on the last leg. We could even see us break 72 and hit 74-75k which IMO is a high probability reversal zone. Of course anything is possible.
I have shorts already placed at the 71K level and 70,600 levels. I am prepared to add more if we get to 72K.
But good ol wyckoff schematics never really seem to let me down for the most part. Excited to see how this plays out
Thanks again for taking the time to read this. If you found it helpful, engage with the post it will help out the account big time.
Oh and happy easter :)
Wyckoff Higher Timeframe Distribution Schematic 12M/6M timeframe is a possible distribution Schematic that I think is currently in phase B.
Phase C,D and E are yet to form.
We shouldn't trade a distribution schematic till phase E but if a distribution Schematic 1 forms then we can trade phase C once a UTAD has been created(still risky and should wait for phase E as this is a more conservative approach).
If no UTAD then wait for phase E as you would have had more confirmation and without this you would be guessing the top.