Get started

Wyckoffdistribution

BTC WYCKOFF DISCTRIBUTION ANALYSISPSY—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 upthrust (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—upthrust 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. Credits: school.stockcharts.com THIS IS MY OWN IDEA ONLY. This is not a financial advise. Educational Purpose Only
COINBASE:BTCUSDShort
by UnknownUnicorn18172817
5
BTC - Dip to $40,000? The distributional elements of BTC are evident * Classic 3 wave push followed by significant weakness. * Poor rally into LPSY with no continuation; unable to break previous resistance * Current price action is showing a serious lack of any demand. Look at the first box compared to where we are now - no upwards push. * Volume spikes throughout range with increased volatility. A test to $52000 is possible but I think we are going to around $40000 and possibly lower. Personally I started scaling out of my alt and BTC positions around $57000 and the inability of price to move upwards(LPSY). This was a real change than anything previously. Will be interesting this coming weeks. Personally looking at Gold and SIlver at the moment for longs. For anyone interested here is my Weekly Silver Chart with targets and ID of long term accumulation Also, my gold chart and healthy break plus BUA
Short
by DecpBTC
GBPUSD - Looking At Wyckoff - longsDistribution: Wyckoff Phases - without UTAD. Phase A to D completed perfectly. We now have Phase E. After the significant down-move, climactic action may signal the beginning of a re-distribution TR or of accumulation. (Which is basically the completion of the Wyckoff Phase) Now we have the break of the structure. We are likely to see a re-test between 0.236 - 0. (This will be the break and retest off SOW.) After the retest I will aim to get buys on the pullback, targeting the .5 - .618 (golden zone) if price respects that level. - Indicators leading me to take positions will be MA / SMA crossovers, bullish divergence and price action forming higher lows - higher highs. Risk is 1.5% - SL B/E when TP1 hits. TP 1 / 0 / 30% TP 2 / -.25 / 40% TP 3 / -.618 / 30% if price is impulsive I may intentionally hold past TP3 as demand will be in full control and the markup will be obvious to everyone News may impact the technical out look of the setup, hence why I will be waiting for sniper entries rather than rushing the play. USD is gaining strength with news fundamentals however I still feel GBP is stronger and the completion of the setup is likely.
Long
by KKirito
Update on EURUSD Opportunity for SellsPosting an update to my analysis from the beginning of the week. Since my previous update, we saw a clear sign of weakness. Then the price created another creek and after this final distribution, created one more thrust before consolidating then starting the descent down. I entered at the imbalance as I wasn't expecting another UT before pushing down. The entry wasn't so great and I needed to maintain a large SL to hold this trade but fortunately, it ended up going in my direction. As of right now, the price has broken the structure with an hourly close. The 4h will be closing in 45 minutes and if it can close below the previous structure, the probability to continue further down increases. For this trade, I am targeting 1.201 but expecting the price to go all the way down anywhere between 1.18 to 1.195 before starting the next wave up. I am here to learn so please don't hesitate to provide comments or suggestions on my analysis. It would be greatly appreciated. Trade Safe! HEET Previous Analysis: Zoom out on HTF:
Short
by AfterlifeTrading
4
Potential EURUSD opportunity for sellsWhen I was looking at the structure of EU, I was thinking that we were going to see continuation. I am actually still in a long trade as we speak. But EUR is quite weak and we have yet to see any sign of continuation nor break of structure. The more I look at the structure, It appears to be distributing more than accumulating. As such, I have changed my bias. I've redrawn my chart to show a distribution schematic. I am currently waiting for a UTAD and assuming it rejects above the highs, I will look to enter a short. As it is still unclear which way this is going, if anywhere, so if this plays out, I may not enter at the top and wait for more confirmation then try to enter at a supply zone instead. Anyway, I am still quite new to Wyckoff so if anyone has any comments on my chart, please do not hesitate to provide any feedback or comments. It would be greatly appreciated. Trade Safe! HEET ps. Just before posting, I had a quick look at DXY and it looks like DXY may be in a spring right now. But I don't see any rebound, so maybe this is all wrong?
Short
by AfterlifeTrading
Wyckoff Distribution vs AccumulationExperimenting with Wyckoff schematics. Wyckoff's distribution schematic #1 (see link) creates an ascending triangle or rising wedge shape, before a final Up Thrust After Distribution (UTAD). Chart References and Acronyms: 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 upthrust (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 —upthrust 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. Analogous to springs and shakeouts, a UTAD is not a required structural element: the TR in Distribution Schematic #1 contains a UTAD, while the TR in Distribution Schematic #2 does not.
BYBIT:BTCUSD.P
by DestinyJV
2
EUR/USD Daily Forecast – Test Of Support At 1.1990EUR/USD settled below the 20 EMA and is trying to settle below the support at 1.1990. Fundamental Reason:- Euro Is Under Pressure EUR/USD is currently testing the support at 1.1990 while the U.S. dollar is gaining ground against a broad basket of currencies. The U.S. Dollar Index has recently managed to get above the 20 EMA at 91.35 and is moving towards the 50 EMA at 91.50. In case the U.S. Dollar Index manages to settle above the 50 EMA, EUR/USD will find itself under more pressure. Today, foreign exchange market traders will have a chance to take a look at the final readings of Services PMI reports from EU and U.S. Euro Area Services PMI is projected to increase from 49.6 in March to 50.3 in April. Numbers above 50 show expansion, so Euro Area services segment is expected to return to growth. In the U.S., Services PMI is projected to grow from 60.4 to 63.1. U.S. ADP Employment Change report may also have an impact on the dynamics of the U.S. dollar. Analysts expect that the report will indicate that U.S. businesses hired 800,000 workers in April. Technical Analysis EUR/USD managed to settle below the support at the 20 EMA at 1.2020 and is testing the next support level which is located near the 50 EMA at 1.1990. RSI remains in the moderate territory, and there is plenty of room to gain additional downside momentum in case the right catalysts emerge. If EUR/USD settles below the 50 EMA, it will head towards the next support level which is located at 1.1965. A successful test of the support at 1.1965 will push EUR/USD towards the next support at 1.1925. In case EUR/USD declines below this level, it will move towards the support at 1.1900. On the upside, the previous support at the 20 EMA at 1.2020 will serve as the first resistance level for EUR/USD. If EUR/USD settles above this level, it will head towards the next resistance at 1.2040. A move above the resistance at 1.2040 will open the way to the test of the next resistance level which is located at 1.2060.
Short
by GREENBACK_OFFICIAL
SPX500: Will price finally DROP harder?Hey tradomaniacs, It is getting a little bit tricky now for the stockmarket with the so called "stagflation" showing higher prices for assets and consumer goods (inflation) while the economy stagnates. 👉 An example is the yesterdays weak U.S ISM Index while prices generally rise (Wood,Wheat,Coffee,Gas etc.)❗️ So the question is: How can the central banks continue with an ongoing inflation in order to support the economy to stop the stagnation? Is more stimulus possible even though prices seem to explode? Or is the bubble ready to pop soon and we see a correction and a strong US-Dollar? The mood is overall upbeat in terms of corona as the investment rate in the USA is really high indicated by a margin-debts but the U.S.-Stockmarket is overall not really moving upwards anymore, which could be a typical "buy the rumor sell the fact" scenario. Also keep in mind that many private-investors are currently invested providing a great opportunity for biggies to take profits / distribute volume. Is the best of all possible worlds price in? However, I will be very cautious right now and watch the market carefully and focus in short-term-opportunities. LEAVE A LIKE AND A COMMENT - I appreciate every support! =) Peace and good trades Irasor Wanna see more? Don`t forget to follow me
OANDA:SPX500USD
by Trading2ez
1
Wyckoff Accumulation also appearing in price action now As shared earlier, the RSI(!) showed a Wyckoff Accumulation pattern. After recent price action, it seems that also the PA is following along. Major FA-events occured lately, and a good subscription could force a "buy the rumor, sell the news event", driving prices back down to the huge volume-defined base - holding this area, would strongly increase the theory of the bottom being in, after a semi-long period of accumulation. Sentiment is slowly turning positive, many are still doubtful, so a surge before the subscription period ends, could cause some Fomo-buys, who will soon after provide liquidity as they panic sell (unknowingly) at a possible Wyckoff Test area after a Spring. Still very new into Wyckoff, so take all this with a grain of salt.
OLong
by Veuvee
BTC/USD - Distribution or reaccumulation?Dears, Classical accumulation and distribution phases on the market are often mixed together. Especially when bears do not end their supply when new bulls come in, not waiting up to the end of the supply. This phases, when in bulltrend bears start to supply and new bulls come in very quickly are called reaccumulation. However, to recognizing the distribution and reaccumulation sometimes is very difficult. In half of the reaccumulation pattarns there is a strong difference: higher lows, however, in the other half of the patterns there is a lower low reacting like a spring for the price (and is also called a 'spring'). The one difference between all the accumulation and distribution patterns is, however, that the last point of supply (LPSY) is much higher that classical distribution pattern predict - is similar to last ponit of support (LPS). We cannot predict the future. If bears would be stronger than bulls, than would be one more selloff (classical LPSY). If bulls would be stronger, than that would be classical reaccumulation. We will find out what will happen... BTW, Please, observe the S&P500... If there would be a massive selloff at wider market, many inverstors and traders would realize profits from Bitcoin to either buy stocks opportunities or cover costs of levereages (incl. deposits refill)... or both... ;-) I still hope this is only a reaccumulation and within one week we will go upside. Please, remember, in May Wallmart plans to go in Bitcoin (officially: for cash thansfers). As you could see, Bitcoin become so expensive in appropriate manner to ecourage the "bigger wallets" to go into without some repercusions of buying to cheap assets (overbought symptoms like liquidity problems and to high price movements).
BITSTAMP:BTCUSD
by PawelHodurek
4
Wyckoff Yöntemi CR Binance AcademyA Fazı İlk faz, yerleşmiş bir yükseliş trendinin azalan talep nedeniyle yavaşlamaya başlamasıyla ortaya çıkar. Öncü Arz (Preliminary Supply (PSY)) satış gücünün kendini göstermeye başladığını işaret eder ancak halen yükseliş trendini durdurmaya yetecek kadar güçlü değildir. Daha sonra yoğun bir alım faaliyeti sonucunda Alım Zirvesi (Buying Climax (BC)) oluşur. Bu genellikle deneyimsiz tacirlerin duygusal alımlarından kaynaklanır. Daha sonra, aşırı talep piyasa yapıcılar tarafından karşılandıkça, yukarı yönlü güçlü hareket bir Otomatik Reaksiyona (Automatic Reaction (AR)) neden olur. Bir diğer deyişle Kompozit Adam varlıklarını geç gelen alıcılara dağıtmaya başlar. İkinci Test (Secondary Test (ST)) piyasa yeniden BC bölgesine ulaştığında ve genellikle daha düşük bir tepe noktası oluşturduğunda ortaya çıkar. B Fazı Dağıtımın B Fazı düşüş trendinin (Sonuç) öncesinde oluşarak bir birikim bölgesi (Neden) gibi hareket eder. Bu faz boyunca Kompozit Adam kademeli olarak varlıklarını satar ve piyasa talebini absorbe ederek zayıflatır. Genellikle, alım satım aralığının üst ve alt bantları defalarca test edilir ve bu süreç kısa vadeli ayı ve boğa tuzakları içerebilir. Piyasa bazen Alım Zirvesi (BC) tarafından oluşturulan direnç seviyesinin üstüne çıkarak Yükselme (Upthrust (UT)) olarak da adlandırılan bir İkinci Test'e (ST) sebep olabilir. C Fazı Bazı durumlarda piyasa, birikim fazının ardından son bir boğa tuzağı daha sunabilir. Buna Dağıtım Sonrası Yükselme (Upthrust After Distribution)(UTAD)) denir. UTAD temelde, Birikim sürecindeki Spring'in tersidir. D Fazı Dağıtımın D Fazı Birikimdeki D Fazının neredeyse ayna görüntüsü gibidir. Genellikle aralığın ortasında bir Son Arz Noktası (Last Point of Supply (LPSY)) yer alır ve daha düşük bir tepe oluşturur. Bu noktadan destek bölgesinin etrafında ya da altında yeni LPSY'ler oluşur. Piyasa, destek çizgilerinin altına indiğinde belirgin bir Zayıflık Noktası (Sign of Weakness (SOW)) ortaya çıkar. E Fazı Dağıtımın son fazı düşüş trendinin başlangıcını işaret eder. Talebe kıyasla arzın güçlü egemenliği sonucu alım satım aralığının belirgin şekilde kırıldığı görülür.
BINANCE:BTCUSDEducation
by MDkarimovic