Wyckoffdistribution
eurusdDxy is currently rallying to make a break of bearish structure on 4h at 91.010, eur zone central banks are dovish, in monetary policy trying to save their neck from deflation they have had a negative gdp and now a gdp of 12.5% their central bank are accepting QE in other to have money in the economy devalue the euro, USD is going to approach inflation way before eur and increase interest rate, and so far their QE has been positive on economy yielding higher gdp of 33.7% and and higher consumer spending, but BOT for usd has been negative,eurusd interest rate differential is negative with respect to usd having a stronger rate to euro, now my technical support is wychoff distribution on eurusd h4, and and redistribution on xauusd h1, volume has eluded the highs of the consolidation but resided on the lows.
Remember, you have to follow-up the fomc release as well as changes in ecb interest rate, but if all factors remains the same the dollar is going to rally further against the eur
the real second wave and USOILPotential path of distribution schematic for usoil. Early in the supposed schematic and this idea is a loaded assertion, one that is counter to the mm narrative of soon to be administered (forced) vaccinations. Oil retreating again to such lows would be due to another shut down of the global economy beyond the scale constituted by current lockdowns. This pattern could be foreshadowing things to come for economic activity whether due to renewed and tighter lockdowns as we enter 2021, civil unrest, COVID manifesting into the menace that mm and governments portray it to be or, else.
For me, this analysis will pose simply as a cautionary barometer for any long CAD and AUD positions as USOIL price upthrusts and (if schematic holds to UT) again upthrusts after distribution.
Wyckoff - Price CycleTextbook educational example of the Wyckoff Price Cycle, focusing on; Accumulations, Distribution, Markups, Markdowns, The Spring and UTAD.
The graphic doesn't take into consideration the finer details of both the accumulation &/or distribution schematics nor does it focus on the re-accumulation / re-distribution schematics.
Please see our other ideas for a specific breakdown of the above ^
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Phantom
GBPUSD Short - H1 Divergence and Breakout - Enter off imbalance4 minutes ago
Hey guys
Please give me some feedback, I would much appreciate it
- Price broke weekly key level then rejected down
- Price showed indication of distribution
- Looking at divergence on the 1hr timeframe signifying down trend
- Break to the downside of rising wedge
- Imbalance candle on 15m timeframe lined up with 50% fib retracement.
If you feel the same or disagree with me, please share your analysis with me!
BTC/USD: Advanced Wyckoff Accumulation AnalysisIn this post, I will be analyzing Bitcoin's hourly chart based on the Wyckoff accumulation gradient of rising bottoms.
Terminology
- Preliminary Support (PS): This is where substantial buying begins to provide pronounced support after a prolonged downtrend.
- Selling Climax ( SC ): This is the point at which widening spread and selling pressure usually climaxes and heavy panic selling by the public is being absorbed by larger professional interests near the bottom.
- Automatic Rally (AR): This is where intense selling pressure is greatly diminished.
- Secondary Test ( ST ): A point in which price revisits the area of the Selling Climax ( SC ) to test the supply and demand balance at these levels.
- Last Point of Support ( LPS ): The low point of a reaction or pullback after a SOS (Sign of Strength)
Analysis
- Phase A: This phase marks the stopping of the prior downtrend. Up to this point, supply has been dominant.
- Phase B: This phase serves as a function of a new uptrend. This is where professional interests accumulate, at relatively low prices, in preparation for the next markup.
- Phase C & D: This is where Bitcoin's price goes through a decisive test of the remaining supply, allowing smart money investors to confirm a markup. If the analysis is correct, this is the phase in which consistent demand dominates supply
- Phase E: The asset breaks out, leaving the trading range, and the markup is obvious to everyone in the market.
Don't try to predict the market. Take it by levels, and play by probabilities.
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BTCUSD Sell: Bearish engulfingHello traders!
BTCUSD has formed a bearish engulfing pattern. It is in strong sell. Target is 16500
I am also expecting BTCUSD to form Wyckoff's distribution pattern so this is a sell trade plus the early prediction of Wyckoff's distribution pattern.
We will try to catch all the waves
Good Luck
NZDCHF Wyckoff Method PredictionEducational
If you are following, please do proper risk and money management
I have been analyzing NZCHF for one month and found that it's creating a Wyckoff Distribution Schematic.
We need to wait until Phase C is completed.
You can follow this analysis if you agree and for short entries in the near future.
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Thanks
wyckoff distribution, retracement of the parabolic rallythis is the add for my other bigger picture.
we have had an buying climax, indicating the high. than we had a automatic reaction to the lower range. than the second test to the high didnt make it,
this is the first sign of weakness, also making an lower high. we came down to the bottom of the trading range. this gives the confirmation of distribution.
than we had another sign of weakness. at the moment we are in the fake rally of the last point of supply. than we come down.
wyckoff distribution, retracement of the parabolic rallyhi guys,
we are about to correct from the parabolic rally. there is a distribution scheme between 17200 and 18400. i pointed out three target point.
the all coincide with the fibs retracements. at all of the three targetpoint coincide two fib lines at the same price. confluence in the market.
the last targetpoint would end at 618 level. this is the golden zone. also this is the area of the previous high of the rally of next year. i think i will be a steep and fast
correction so the trend continues to all time highs in the beginning of next year.