USDCHF trading idea, is it accumulating?USDCHF trading idea, intraday trading with Wyckoff method
Here's a Wyckoff accumulation schematic.
We'll wait to see price re-test Last point of Support.
If price reject this level, we can try entrer long positions.
And we'll only enter when there is enough confirmation in small timeframe.
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Let's comment below !
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Notes on using this gold trading idea
This is ONLYGOLD team's idea and analysis.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.
Wyckoffmethod
Gold trading idea, liquidity and levelsAre you trading gold?
Here's a XAUUSD analysis based on Wyckoff method and Price action
These are the levels of Gold that we need to pay attention to.
We'd like to see price re-test above levels (1804-1805) or 1810-1811 levels.
If price refect these levels, we willl wait to signal to short orders to test the Imbalance zone and Last Point of Support below.
We also marked key-levels on above chart.
Let's wait and see how the price reacts at these levels.
And we'll only enter when there is enough confirmation.
e.g about Confirmation
a reversal structure or a Wyckoff accumulation range on a small timeframe.
If you find the article useful or interesting,
Let's comment below !
------------------------------------------
Notes on using this gold trading idea
This is ONLYGOLD team's idea and analysis.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.
Will Gold test 1774-1775 levels? XAUUSD Wyckoff AnalysisDid you have plan for GOLD ?
Here's Wyckoff analysis for Gold today.
Gold had reached to our P&F max target and the price may recover slightly.
XAUUSD analysis based on Wyckoff method and Price action
These are the levels of XAUUSD that we need to pay attention to.
We'd like to see price re-test above levels (1804-1805) then test the Imbalance zone and Last Point of Support.
(of course, if price breaks 1805, it will approach above resistance).
Let's wait and see how the price reacts at these levels.
And we'll only enter when there is enough confirmation.
e.g. a reversal structure or a Wyckoff accumulation range on a small timeframe.
If you find the article useful or interesting,
Let's comment below !
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Notes on using this XAUUSD analysis
This is ONLYGOLD team's idea and analysis.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.
Will Bitcoin reach to 38k? BTCUSD P&F potential targetsBitcoin potential targets
Estimated by Point & Figure chart
39.5k (min)
38.2 (max)
They're not reversal levels.
Let's wait and see how the price reacts at these levels and plan accordingly.
If you find the article useful or interesting,
Let's comment below !
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🔰 Attention about this Bitcoin analysis
This is my personal idea and analysis only.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.
Gold potential targets, P&F Wyckoff chartWe have triple top pattern in 5m P&F chart (i was used ATR)
These are potential targets for XAUUSD:
1826 (min)
1828 (average)
If you find the article useful or interesting,
Let's comment below !
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🔰 Attention about this gold trading idea
This is my personal idea and analysis only.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.
US30, will price re-test Last Point of Supply?Did you have plan for US30 ?
Here's Wyckoff analysis for US30 today.
These are the prices that we need to pay attention to.
We'd like to see price re-test Last Point of Supply
Let's wait and see how the price reacts at these levels and plan accordingly.
If you find the article useful or interesting,
Let's comment below !
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🔰 Attention about this US30 trading idea
This is my personal idea and analysis only.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.
Wyckoff Accumulation SchematicWhat Happens After Wyckoff Accumulation?
Once the Wyckoff accumulation is over, the price will move sharply higher as demand will exceed support. Buyers will experience an impulsive bullish pressure in which most money is generated from a buying position.
In the accumulation schematic, the trading range represents the space between the SC low and the AR high. While secondary test usually happens when the market drops near the selling climax region to retest and confirm if the intense selling pressure is prolonged or ended.
Generally, during the accumulation phase, the price remains sidelined for range-bound trading after a strong downtrend. Larger players build positions and eliminate retail traders from the market by creating hopes of a further drop in the price. Once smaller fishes are confident about the price drop, bigger players aim to move higher after filling their positions.
According to Wyckoff, there are six stages in the accumulation phase. These stages include:
● PS — Preliminary Support: The preliminary support appears after a long bearish trend. Traders may experience a high volume and spread widening. It is the first indication that the selling pressure will end, and buyers may control the price.
● SC — Selling Climax: In the second step, the price begins to sell off, violating PS. This is a panic selling phase. After a while, the price may reverse after exhaustion, when the spread might extend to an extreme level. In the end, the price may close far from the low with a long-wicked candle.
● AR — The Automatic Rally: This part can be disastrous for sellers. After the violent selling pressure of the SC, the price reverses and recovers all the movement shown toward the sellers’ direction. This phase indicates that short sellers are covering their positions. The high of this movement determines the high of the range, which is a significant barrier for most buyers.
● ST — The Secondary Test: After the AR, the price will go lower again but controlled. In this movement, sellers’ volumes should be higher, and there may be multiple secondaries in the price.
● ST — The Spring: In this phase, the price will perform a hard test of recent lows that will mislead traders. After watching the spring, average traders will consider the market trend bearish and start selling trades. However, the price should show a swing failure pattern and move up after a shakeout. This phase is prevalent with altcoins that have bottomed out for a considerable time.
● AS — Accumulation Schematic: The last stage of the accumulation cycle. The price should break out from the range with an impulsive bullish pressure and confirm the upcoming bullish trend.
Will GBPJPY reach to 157.1 level? P&F targets and 4h levelsDo you find GBPUSD trading ideas ?
Here're Point & Figure estimating targets and some key-levels on 4h chart.
These are the prices that we need to pay attention to.
Let's wait and see how the price reacts at these levels and plan accordingly.
If you find the article useful or interesting,
Let's comment below !
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🔰 Attention about this GBPJPY analysis
This is my personal idea and analysis only.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.
GME Wyckoff AccumulationGME has just completed a spring/shakeout and the trend will gradually become bullish. GME IV percentile is at/near the lowest it has been in the past year, and institutions have been using this opportunity to load up stock and options. Options open interest in meme stocks (GME, AMC, NOK, BB) have been sizzling lately. Meme stocks should have an explosive beginning of the year.
GBPUSD, 240 pips potential buy setup, Wyckoff analysis in forexWyckoff analysis in forex trading
GBPUSD has a 240 pips potential buy setup.
Wait for confirmation to enter positions.
There's below support level
If you find the article useful and interesting,
Let's see another precision Gold , GBPJPY and Bitcoin trading ideas below
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🔰 Attention about this GBPUSD analysis
This is my personal idea and analysis only.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.
BITCOIN/USD Wyckoff Cycle Analysis LONG!!!BTC/USD has been in an Wyckoff Accumulation Phase since the beginning of January. This chart will compare the May 2021 crash followed by a long summer accumulation period next to the the recent November 2021 crash followed by a long accumulation that I believe will last until mid to late January 2022. To save you the long read I am BULLISH on BTC/USD with confirmation of a spring phase that will serve as an entry for a long position (SEE CHART).
In the midst of the blood and tears from this recent market crash it is normal for people to look for reasons in the news to scapegoat this 36% drawdown. This reading should provide you with some insight on why there is no reason to panic and also no reason to be trading this ranging market also known as the Wyckoff Accumulation to Wyckofian traders. I advise everyone do their own research on these varying schematics. Below I will provide a list of the price cycles of the Wyckoff method and with some quick research you may be able to justify your own findings.
Bearish Cycle- Distribution (White text)
1. Distribution
2. Mark down
3. Re-distribution
4. Markdown
Bull Cycle- Accumulation (Green text)
1. Accumulation
2. Markup
3. Re-accumulation
4. Markup
To make this cyclical you simply leave the Distribution cycle by entering the Accumulation cycle and vice versa. The markdown and markup is the price action following the distribution and accumulation phases respectively. With practice of this cycle identification it will serve as a good starting point of knowing when to short and long in your trades or when to add and close positions based off the definite order of these market cycles.
The Power of "Wyckoff Pattern"It is all in the chart Baby! This is a Long Term Trade.
March 2022, EOS will hit around 9 Dollars. After that, I predict it will hit All time high around Quarter 2. This is not Financial Advise.
This is base on Technical Analysis.
For Fundamental Analysis:
Negative Fundamentals - EOS will hover around the 2 - 3 dollars area. Seems to find that area as a bottom base on Negative FA and also the decrease of Bitcoin
Positive Fundamentals - All time high Around Quarter 1, continuing to Quarter 2. Max Potential is around 50-80 Dollars (LONG TERM)
ETHUSD price action 4h, detail mappingThis is a Ethereum analysis based in Wyckoff method and price action
Now, price's approach previous high in compression liquidity price action.
We're looking for positions at these supply and demand zones.
We'll wait to see price action and confirmation in LTF .
If you find the article useful and interesting,
Let's see another precision Gold and Bitcoin trading ideas below
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🔰 Attention about this Ethereum Wyckoff analysis
This is my personal idea and analysis only.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.
Will ETH re-test previous high? Ethereum analysis this week This is a Ethereum analysis based in Wyckoff method and price action
Last week, we had 2 entries to enter long positions in 4h time frame.
Now, price's approach previous high in compression liquidity price action.
We're looking for positions at these supply and demand zones.
We also need wait to see price action and confirmation in LTF .
If you find the article useful and interesting,
Let's see another precision Gold and Bitcoin trading ideas below
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🔰 Attention about this Ethereum Wyckoff analysis
This is my personal idea and analysis only.
Let's see it as an example or a reference.
You also need your own analysis as well and manage risks.