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Wyckoffdistribution

:)(: The most unpredictable scenario by Wyckoff.Bitcoin Wyckoff Distribution. PSY — preliminary supply, where large interests begin to unload shares in quantity after a pronounced up-move. Volume expands and price spread widens, signaling that a change in trend may be approaching. BC — buying climax, during which there are often marked increases in volume and price spread. The force of buying reaches a climax, with heavy or urgent buying by the public being filled by professional interests at prices near a top. A BC often coincides with a great earnings report or other good news, since the large operators require huge demand from the public to sell their shares without depressing the stock price. AR — automatic reaction. With intense buying substantially diminished after the BC and heavy supply continuing, an AR takes place. The low of this selloff helps define the lower boundary of the distribution TR. ST — secondary test, in which price revisits the area of the BC to test the demand/supply balance at these price levels. For a top to be confirmed, supply must outweigh demand; volume and spread should thus decrease as price approaches the resistance area of the BC. An ST may take the form of an up-thrust (UT), in which price moves above the resistance represented by the BC and possibly other STs before quickly reversing to close below resistance. After a UT, price often tests the lower boundary of the TR. SOW — sign of weakness, observable as a down-move to (or slightly past) the lower boundary of the TR, usually occurring on increased spread and volume. The AR and the initial SOW(s) indicate a change of character in the price action of the stock: supply is now dominant. LPSY — last point of supply. After testing support on a SOW, a feeble rally on narrow spread shows that the market is having considerable difficulty advancing. This inability to rally may be due to weak demand, substantial supply or both. LPSYs represent exhaustion of demand and the last waves of large operators’ distribution before markdown begins in earnest. UTAD — up-thrust after distribution. A UTAD is the distributional counterpart to the spring and terminal shakeout in the accumulation TR. It occurs in the latter stages of the TR and provides a definitive test of new demand after a breakout above TR resistance. :)(:
BNC:BLX
by polmej
4
Wyckoff Rune Futures (first post) This is a 15 minute graph showing an illustration of a Wyckoff event occurring on the one minute time scale, the overall percentage drop from top to bottom was roughly 5%. overall Rune usually moves similar to bitcoins trend on lower time scales but with higher volatility in price ranges, usually between 0.1 - 0.5% per minute. I think the Cryptocurrency has potential, although it hasn't gained as much attraction as LUNA, C98. Its still in early times of some large moves due to 27% of Rune locked into Thorchains liquidity protocol. Personally I have no analysis or real impressions over where i believe Rune could go from here, I just found the pattern to be very interesting. Hope you enjoy! the time signatures are listed if you would like to plot the event yourself as I cant show the one minute time scale on the Ideas bored but interested to see if other coins have experienced the same event!
by joshryanslattery
NZDUSD - Technical & Fundamental OutlookPowell’s comments fueled a knee-jerk reaction in the AUD/USD and NZD/USD, which means the rallies should be short-lived. Traders had to react because U.S. Treasury yields fell after the Fed Chairman’s speech. Given next Friday’s U.S. Non-Farm Payrolls report, the U.S. Consumer Inflation the week after and the September 21-22 Federal Reserve policy meeting, the rally could come to an end if any of these events steer the Fed into an early tapering. Over the short-run, we’re looking for the Aussie and Kiwi to basically track the movement in Treasury yields. A further weakening of U.S. Treasury yields will underpin the AUD/USD and NZD/USD. Trade setup will be updated in my premium signal channel
Short
by GREENBACK_OFFICIAL
Potential BTC Distribution ZoneThe following VAs listed in the chart (left to right): 1. VA of current calendar year 2. VA of Wyckoff Distribution Top 3. VA of potential accumulation zone 4. VA of current and potential distribution zone BTC is following a similar (granted smaller and faster) top pattern to the 2020 bull run and subsequent Wyckoff Distribution between 42K and 60K. Buyers were unable to provide a liquidity shake significantly below 30K; the demand for 30K LP was larger than expected. Market makers accumulated a decreasing supply in the bottom of 3rd VA. The POC for the 3rd VA is almost identical to the POC for the current calendar year and confidence was built for a short-term intermediate move with short liquidations providing more potential upside. I still have concern without seeing any relatively significant selling volume within the 4th VA, but would expect to see this in the upcoming days with a move down to 40-42K. I believe seller's ultimately will be unable to stay in control above 50K and the market will see impressive supply from underwater positions. In the long term, this will provide a key order block in a future more impressive buyer demanding market environment. Currently, the landscape while technically bullish does not appear to have any support from institutional buyers; with GBTC still being sold at a discount and whale wallets not clearly building position on-chain. My assumption is market makers will try to move the market price of BTC into a more value friendly zone between 18-25K. In an effort to keep myself accountable and level headed, I believe this pattern is invalidated with any break above 50K and either explosive volume with high spread or consolidation above the current (4th) value area- in the 2nd VA.
BNC:BLXShort
by WildZipper
US30 POSSIBLE "SELL/SHORT" AND/OR "BUY/LONG" PLEASE READ!!!!Alright folks, just bare with me on this analysis as I think we are at such a pivotal point in the current state of our markets and economy. So lets begin, this idea at the moment will be posted as neutral. From a Technicals standpoint, I am a trader that follows some ICT methods, along with Wyckoff and others work and combined it into my own Strategy. I play price as almost as if it is hunting for a play. So on the Higher time frames I'm Recognizing: SELLING SCENARIO: FOLLOW BIG RED ARROW FOR SELLER SCENARIO - An ICT SELL Model - Price Broke Structure and is Retesting a Bearish Order blocl - Reversal Candle on the weekly - Every time Price Breaks a Higher high it is followed by severe distribution (A sign institutions are selling) - We are also at the equilibrium of our last weeks range IF PRICE SELLS/ Rejects on the 1-4hr TIME FRAME AT OUR BEARISH ORDER BLOCK: - I will be looking to short to the imbalance between 34485 and 34285 BUYER SCENARIO: FOLLOW BIG GREEN ARROW FOR BUYER SCENARIO - Price Retested a very strong liquidity zone - The Weekly close occurred above the area of liquidity Acting as a strong Base of demand that will move price bullish - Really strong demand for price at a 34840 levels - Price is still creating higher highs on the daily time frame IF PRICE BUYS AT OUR Point of interest: - I will be looking for the price to test this block as breaker block for buy entry to 35364 As always a look into fundamentals is very crucial while trading in confluence with your technicals: Lets look at some previous weeks news/ Macro Economics price fluctuations: - FED announced the tapering of bonds - Gold has dropped over 1000 points (giving signs of deflationary period in our economy) - COVID DELTA Variant is back, cases are rising - High inflation in grocery prices and Gas - Deflation occurring in some commodities - Infrastructure Bill Passed - Consumer spending reports show a decrease in consumer spending - Retail sales down All in all,its a must to keep everything in mind MY Personal "OPINION" is the markets will sell this week HOWEVER, MY BIAS WILL STAY NEUTRAL. AS HUNTERS, we might want 17 pointer but sometimes you get 12 pointer or baby deer. So As always stay blessed happy trading week Follow for more in depth analysis!! Murtzaa Out
FX:US30
by TATRADEZ
Wykoff Distribution! Potential Dump or Paranoia?I've been right and wrong before, but the recent pattern I am seeing with BTC looks kind of familiar. In the back of my head, I still have that 20-25k target. The recent pattern BTC has been making has me slightly worried as it oddly resembles a Wyckoff distribution, but on a tiny scale. Or perhaps it is just paranoia. Either way, not sure if I am betting on a dump yet, but I did set limit orders for my target lows. I have this saying where "the price you want always exists." My gut tells me 20-25k. When? I don't know, but I would bet it will happen eventually. I am not a bull or bear right now, just skeptical. Especially with how the world is turning out. Let me know your thoughts! BTW check out my old ETH chart. Maybe I'm psychic??
by Gknight0625
3
A Crypto Wyckoff Distribution PatternFull Credit to this article on Wykoff Distribution and video. The reason this pattern caught my eye on a custom 3d timescale are the first 3 events of Phase A lining up perfectly in a cyclical pattern. I'll update the pattern as it continues prove / disprove. Phase and Definitions in italics are taken directly from the article . PHASE A ----------- PSY - Preliminary Supply The first peak is the Preliminary Supply or PSY, which is where some retail traders start to sell BC - Buying Climax Around this time inexperienced investors start to come in and this causes the Buying Climax or BC shortly after the PSY AR - Automatic Reaction This is where institutions start to sell their assets to the newcomers, and this is the Automatic Reaction or AR price tip. ST - Secondary Retest <--- WE ARE HERE After some time, the institutions will ease off some of the sell pressure and the market will spike back up to form the Secondary Retest or ST, which is usually just below the BC retail rally. PHASE B ----------- As with Phase A of the accumulation, pattern institutions will occasionally push up the price to keep retail interest and confidence high while they secretly sell. SOW - Sign of Weakness UT - Up Thrust PHASE C ----------- In Phase C of the distribution pattern, we see something called the Upthrust After Distribution or UTAD. UTAD - Upthrust After Distribution Whereas the spring is meant to shake out the retail investors, the UTAD is meant to get as many retail investors to buy in as possible through the fomo it causes. Institutions start to aggressively sell to these investors causing the price to fall. This price collapse continues in Phase D of the distribution pattern. PHASE D ----------- The brief pause in the drop is marked by the Last Point Pf Supply or LPSY and is followed by a Sign Of Weakness or SOW, which falls below the support line drawn by the automatic reaction. LPSY - Last Point of Supply SOW - Sign of Weakness PHASE E ----------- Phase E of the distribution pattern usually blends with phase a of the accumulation pattern, which readies the market for another run-up.
by SPYvsGME
6
GBPUSD Downward Correction | Market outlookSterling declined against dollar on Friday as strong jobs report boosted greenback across the board. Labor Department statistics showed U.S. job growth rose solidly in July amid demand for workers in the labor-intensive services industry. Nonfarm payrolls increased by 943,000 jobs last month after rising 938,000 in June, the department said in its closely watched employment report. The British pound fell nearly 0.4%. We will likely see possible movements downwards before Bullish trend continuation.
Short
by DynamicCapital-FX