Get started

Wyckoffmethod

Is GBPNZD accumulation ? Wyckoff analysis todayGBPNZD was boken market structure to go upward. This is quick analysis about GBPNZD today. Now, i'd like to see price retrace back to "Backup" Wait to see a confirmation before enter long positions to minimize risk. Do you like this gold trading idea? If you find the article useful and interesting, please leave a comment or engage to see more posts ! ------------------------------------------ Attention about this Gold analysis React to price action based on specific trading plans, rather than predictions. This is my personal idea and analysis, please just see it as an example for reference. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. This is a free blog sharing trading ideas. Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis . Happy Trading !
by UnknownUnicorn31399052
GBJPY analysis today, Will price re-test POC ?Hello there This is a quick analysis about GBPJPY. Price was reacted at Blind Spot / Clean Breakout setup. Now, i'd like to see price testing Point of Control. Wait to see a confirmation before enter short positions to minimize risk. Do you like this gold trading idea? If you find the article useful and interesting, please leave a comment or engage to see more posts ! ------------------------------------------ Attention about this Gold analysis React to price action based on specific trading plans, rather than predictions. This is my personal idea and analysis, please just see it as an example for reference. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. This is a free blog sharing trading ideas. Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis . Happy Trading !
by UnknownUnicorn31399052
1
Gold trading idea today, low risk scalping with high RR, Dec 14Did you analysis Gold chart ? Here's a Gold trading idea today, Dec 14. I'm often analysis Gold based Wyckoff in forex trading, ReadTheMarket's price action approach and OTL strategy. Now, we had a distribution scheme in m15 time frame. And, you could see fake-outs on above chart. There're 3 reaction of price when it was tried comeback Supply zone. I'd like to see price make a movement to FTB area (First time back to Supply zone). Wait for confirmation to minimize risk. Do you like this gold trading idea? If you find the article useful and interesting, please leave a comment ! ------------------------------------------ Attention about this Gold analysis React to price action based on specific trading plans, rather than predictions. This is my personal idea and analysis, please just see it as an example for reference. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. This is a free blog sharing trading ideas. Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis . Happy Trading !
OANDA:XAUUSDShort
by UnknownUnicorn31399052
6
POLKADOT (DOT) IS IN ACCUMULATIVE ZONEHow is it going, everyone. Haven't posted for a while. Today we are going to take a look at DOT/USDT and we are gonna try to define its situation. First of all, I want to tell you a few words to calm you down of a big depression on a cryptomarket. Guys, for now on, a lot of coins are in accumulative zone, so it was one of the last shakeouts before the major move up. Take a deep look at the chart. I have pointed out wyckoff names on the chart so you could see whole situation. Let my start with the accumulation zone. You may ask: "Quantye, why are we considering it like and accumulation?". Well, thats simple.Look at the price action. We can see that price has come to a global zone of OB. Here the show starts. We see a strong accumulation with "UA", which shows a great and aggressive support of buyers. The next step was forming the liquidity with following take-out. After taking the liquidity, we saw a quite shakeout with a high volume on the chart. What are we expecting now? Well, for now i have drawn a zone of demand consisting of LPSY and OB. Right now, i am waiting for an uptrend momentum to the level price of 35-36. But, in my opinion, we may stop here for some moments and then see a great momentum. I have tried to write as less as it was possible for your understanding. Thank you for your time and support. Write me, if you have some troubles with understanding or anything else. I always read your commentaries :) And Always Remember : Trade wisely and put Stop Loses.
Long
by Quantedyth
4
Gold Wyckoff AccumulationHello Traders We are nearing the end of a 3 weeks trading range on gold. Liquidity for demand was grabbed at the lower levels all this time and we might be on to another Lower Low and/or Spring action for an explosive rally to the upside. Possible TP would be 1825, and any long term TP could be the 1900s, but as always with gold, tread very carefully and dont over leverage before considering any long term investments. As always, stay safe with your trades and always wait for for range tests confirmations before making your entries. Goodluck !
OANDA:XAUUSDLong
by Vysera
Gold trading idea today, wait to see price action at QuasimodoDid you analysis Gold ? Here's a Gold trading idea today. I'm often analysis Gold based Wyckoff in forex trading, price action and Quasimodo belong to ReadTheMarket's approach. Let's wait to see price action at Quasimodo Level from Europa Session. I don't trade in Asia session. If you find the article useful and interesting, please leave a comment ! ------------------------------------------ Attention about this Gold trading idea React to price action based on specific trading plans, rather than predictions. This is my personal idea and analysis, please just see it as an example for reference. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. This is a free blog sharing trading ideas. Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis . Happy Trading !
OANDA:XAUUSD
by UnknownUnicorn31399052
6
Ethereum : Learning Wyckoff Redistribution#ETH showing potential signs of Institutional Absorption here. By using Wyckoff Method of Analysis we can try and predict the direction of sideways movements by using identification characteristics on the Wyckoff Schematics. They are to be used as a general guide and paired with volume for a sound analysis of a probable direction. Read below for some intro education to Wyckoff. There is none to little information on Redistribution on the internet so I have created a small introduction below and on the chart. ------------------------------------------------------------------------------ First, a quick introduction, Who is Richard D Wyckoff? www.wyckoffanalytics.com "Richard Demille Wyckoff (1873–1934) was an early 20th-century pioneer in the technical approach to studying the stock market. At age 15, he took a job as a stock runner for a New York brokerage. While still in his 20s, he became the head of his own firm. He also founded and, for nearly two decades, wrote and edited “The Magazine of Wall Street,” which at one point, had more than 200,000 subscribers. Wyckoff was an avid student of the markets, as well as an active tape reader and trader. He observed the market activities and campaigns of the legendary stock operators of his time, including JP Morgan and Jesse Livermore. From his observations and interviews with those big-time traders, Wyckoff developed the Wyckoff Method that codified these traders’ best practices into laws, principles and techniques of trading methodology, money management and mental discipline." ------------------------------------------------------------------------------ What is the Wyckoff Method? The Wyckoff Method is a methodology and set of principles which helps anticipate potential future directional moves of the market, by using these principles the Wyckoff Method can help a trader time when to be in the market and when to sit it out. It also allows us to see which financial assets are weaker/stronger by a comparative analysis of different assets in the same sideways trading ranges. By studying volume we can also gain potential insights of what the "Composite Man" is up to behind the scenes of the market. "…all the fluctuations in the market and in all the various stocks should be studied as if they were the result of one man’s operations. Let us call him the Composite Man, who, in theory, sits behind the scenes and manipulates the stocks to your disadvantage if you do not understand the game as he plays it; and to your great profit if you do understand it." (The Richard D. Wyckoff Course in Stock Market Science and Technique, section 9, p. 1-2) ------------------------------------------------------------------------------ What are the 4 types of Trading Range structures? Accumulation - Green Heavy buying phase before uptrend begins Reaccumulation - Blue Rebuying to continue the uptrend Distribution - Red All buying is absorbed by larger interests, end of uptrend Redistribution - Orange Further demand is absorbed by institutional interests, continuation of downtrend ------------------------------------------------------------------------------ Identifying Redistribution: There is hardly any information on the internet regarding Redistribution, and the general consensus amongst traders is that redistribution is the hardest to spot out of the different types of market structures. Institutional interests are usually waiting on both sides of these stops, taking profits at the bottom of the range and quickly shutting down any breakout attempts above the range. The key characteristics of Redistribution: From my experience, Redistribution ranges are the most volatile out of all Trading Ranges, and swing wildly stopping out traders in both directions. The SoW Sign Of Weakness is shown early in the range and potentially towards the middle and end this is a high volume signature move down. There should be a creation and a defined Resistance area above which you can see price consectutively fall underneath struggling to get above, this eventually leads to the final downward breakdown which is confirmed by the LPSY (Last Point of Supply) falling underneath support. There are MANY different Wyckoff Schematics, that work in different ways, this particular schematic I have created an example of represents closely #Bitcoins top earlier in the year for comparison. Check below. BTC Top: BTC Redistribution (This is the LPSY of above image as it fell under) -Distribution can appear inside a Redistribution TR (Trading Range) as Accumulation can appear inside of a Reaccumulation TR -Richard D Wyckoff ------------------------------------------------------------------------------ So using the above ideas, if ETH fails to get back above the $4000 region soon it could be in trouble here at least in the short term, if we get a strong volume bounce above $4500 I will consider myself fully wrong for now. I hope you enjoyed the analysis, feel free to share your thoughts and critiques in the comments and thank you for reading.
COINBASE:ETHUSDShort
by Worth_The_Ri5k
Going up to at least 55k. Convince me otherwise!BINANCE:BTCUSDT My analysis is based on the Wyckoff Method. Once I identified the current consolidation area as ACCUMULATION , I used a horizontal column count on Point and Figure (PnF) chart (box size = ATR) to calculate a projection of the up move that should result from Cause accumulated in this consolidation area. If you are familiar with Wyckoff schematics, the chart should be self-explanatory, so I'll just share my reasons for why I identified the current Trading Range (TR) as ACCUMULATION. The Stopping Action in Phase A is very obvious here - the Extremely High volume is a sign of the Composite Operator (OC) stepping up and buying BTC. This is high quality demand meeting panicky selling, which is reflected in the candles with the tiny spread and huge volume near Selling Climax (SC). Phase B begins after some more supply is absorbed at "ST". Now look at the volume throughout Phase B: 1) Volume shrinks on rallies. This is b/c most of the Supply has already been gobbled up by the OC in Phase A. Since OC is not selling, even the slightest increase in Demand is enough to drive the price up. 2) Volume expands on retracements. This is b/c OC is buying, trying to absorb every last drop of Supply. 3) Sell Volume is obviously decreasing from ST1 to ST2, also indicating that OC is absorbing Supply. ST3 has a bit more volume than ST2 - looks like UT2 has shaken some more Supply loose, which makes a Spring very likely. Phase C now begins with a Spring Type 2. Since the last ST3 showed that the market still has some Supply, OC removes bids at the Support line to let the price drift slightly lower, to see if that scares up even more Supply. In this case it does not! The Volume on Spring is lower than on ST3, which means that Supply is now thoroughly exhausted. OC pushes the price back into the TR with the next green candle with higher volume. After this a Test follows, showing even less Volume, which means that BTC is now ready for markup. Phase C is done. Further evidence of a markup is: 1) OBV shows net accumulation 2) ADL shows net accumulation 3) RSI bounced off of MA(39) for the 3rd time, while making Higher Highs 4) Wyckoff analysis on the Weekly time frame also shows ACCUMULATION in Phase B. This means that in the future BTC can still go down to the neighborhood of 30k before going back up, but that's really long term. So this is where I openned my Long position. From here I expect a JAC (Jump Across the Creek), which will be characterized by a candle with large spread and volume, then a bit of retracement to BU, and finally markup in Phase E. Wyckoff Method postulates that Cause is built up by volatility in Phases B, C and D. The more volatility is recorded in that region, the higher the price will go. My PnF Chart calculation indicates that BTC has generated enough "fuel" to go up by $9000. Measuring from the bottom of the TR, we get at least 55k. The purple dashed lines in my chart indicate the target region. What do you think?
Long
by vace117
7
EURJPY long positions update, Wyckoff method in Forex tradingAre you trading EURJPY pair ? This post was a Wyckoff analysis Price was created Equal Lows so it's better when we move SL to BE and take partials profit. ------------------------------------------ Attention: React to price action based on specific trading plans, rather than predictions. This is my personal idea and analysis, please just see it as an example for reference. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. This is a free blog sharing trading ideas. Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis . If you find the article useful and interesting, please leave a comment !
Long
by UnknownUnicorn31399052
Looking to buy EURUSD in these zonesThis is my chart mapping for EURUSD Please just see it as an example only. As usual, wait for confirmation before take an order. See previous EURUSD analysis below ! ------------------------------------------ Attention: React to price action based on specific trading plans, rather than predictions. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. This is a free blog sharing trading ideas. Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis . If you find the article useful and interesting, please leave a comment !
by UnknownUnicorn31399052
Will Gold re-test 1775 level? Wyckoff method in Forex tradingAre you trading Gold ? Gold could re-test 1775 level so we also need confirmation before enter long positions. See previous posts below ------------------------------------------ Attention: React to price action based on specific trading plans, rather than predictions. This is my personal idea and analysis, please just see it as an example for reference. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. This is a free blog sharing trading ideas. Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis . If you find the article useful and interesting, please leave a comment !
OANDA:XAUUSD
by UnknownUnicorn31399052
EURJPY, wait to enter long positions, Wyckoff method in ForexAre you trading EURJPY pair ? This is a Wyckoff analysis in forex. Price was created HH, Sign of Strength Now, i'm waiting for backup to enter long postions. ------------------------------------------ Attention: React to price action based on specific trading plans, rather than predictions. This is my personal idea and analysis, please just see it as an example for reference. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. This is a free blog sharing trading ideas. Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis . If you find the article useful and interesting, please leave a comment !
Long
by UnknownUnicorn31399052
Gold analysis today, re-distribution? Wait for UTAD confirmationAre you trading gold ? Wait for confirmation this re-distribution scheme. ------------------------------------------ Attention: React to price action based on specific trading plans, rather than predictions. This is my personal idea and analysis, please just see it as an example for reference. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. This is a free blog sharing trading ideas. Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis . If you find the article useful and interesting, please leave a comment !
OANDA:XAUUSD
by UnknownUnicorn31399052
2
Will GBPJPY test lower zone, again? There's a Equal Low Price may retrace more to take out Liquidity below. SL to BE after take partial profits yesterday. See previous posts below ------------------------------------------ Attention: React to price action based on specific trading plans, rather than predictions. This is my personal idea and analysis, please just see it as an example for reference. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. This is a free blog sharing trading ideas. Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis . If you find the article useful and interesting, please leave a comment !
by UnknownUnicorn31399052
2
Wait to buy GBPJPY at Quasimodo Level, Wyckoff methodWyckoff Analysis in Forex and optimize entry with QML (Quasimodo) Potential to buy GBPJPY at Quasimodo Level. Here's a confluence with Doji decision point. Wait for confirmation to enter long positions ------------------------------------------ Attention: React to price action based on specific trading plans, rather than predictions. This is my personal idea and analysis, please just see it as an example for reference. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. This is a free blog sharing trading ideas. Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis . If you find the article useful and interesting, please leave a comment !
Long
by UnknownUnicorn31399052
2
UPDATE: AMC Accumulation Within The SpringWhile things continue to track Wyckoff Reaccumulation behavior on the macro timeframe and Cycle 3's echo of Cycle 1 remains consistent (both charts below), I thought I'd update the micro view of AMC's accumulation within the spring. I've preferred this chart on the 10m view because the shorter timeframe signals MFI reactions a little more quickly, the 15m does offer a higher 200EMA, which we've broken as resistance and now seem poised to retest as support. I'd encourage you to click "Make Chart Mine" and look at this on the 10m timescale as well. With the sign of strength in the move this morning above the resistance zone, I think the 3a path is most likely. As you can see there's a bullish divergence in the MFI and volume with the rising price action. Combined with the RSI being oversold, this signaled the turnaround which took place at ~$34. Now I expect to see the price retrace to a spot between the 200EMA and the top of the resistance zone. Establishing the $31-and change area as support would (for me) confirm SOS and this micro accumulation entering Phase D. If, however, we break below the pink resistance zone and reenter the trading range, both the yellow and blue paths remain in play. I have pretty strong conviction that 3a is the more likely path, which would mean we are exiting Phase C on the reccumulation we've been in since June. Path 3b only delays that inevitable move up through the trading range by a few days.
NYSE:AMCLong
by squarerootof9
3
US30, wait for Distribution in LTF Wait for confirmation ------------------------------------------ Attention: React to price action based on specific trading plans, rather than predictions. This is my personal idea and analysis, please just see it as an example for reference. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. This is a free blog sharing trading ideas. Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis . If you find the article useful and interesting, please leave a comment !
FX:US30
by UnknownUnicorn31399052
Will Gold re-test 177x level? Wait for confirmationWait for confirmation to enter long positions ------------------------------------------ Attention: React to price action based on specific trading plans, rather than predictions. This is my personal idea and analysis, please just see it as an example for reference. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. This is a free blog sharing trading ideas. Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis . If you find the article useful and interesting, please leave a comment !
OANDA:XAUUSDLong
by UnknownUnicorn31399052
ENJ, Rising Accumulation on yet another metaverse token.ENJUSDT (Enjin) showing a picture perfect wyckoff structure, see image attached. Volume has increased steadily to the buy side since breakout. Panic sell into previous resistance and failure to fall under is a sign of strength for a possible BU (Back Up) Action. ------------------------------------------------------------------ What is Wyckoff Method? ------------------------------------------------------------------ "One objective of the Wyckoff method is to improve market timing when establishing a position in anticipation of a coming move where a favorable reward/risk ratio exists. In accumulation, the shares purchased outnumber those sold while, in distribution, the opposite is true. The extent of accumulation or distribution determines the cause that unfolds in the subsequent move out of the TR (Trading Range) ." Wyckoff Theory & Schematics give us clues to which probable direction the price may head out of the horizontal moving price structure. In a Accumulation Trading Range the key characteristics are the ST or Spring below the Trading Range, and the SoS's Signs Of Strength with strong breakout volume at the upper end of the range.
Long
by Worth_The_Ri5k
1
Will Gold test 1764 level? Gold analysis with Wyckoff methodAre you trading gold? In Europa session, we had small distribution range on the top. Now, i'm waiting to see the price going downward. There's a Quasimodo setup for long positions. So, we alway need confirmations to make an order. Will Gold test 1764 level? What do you think ? ------------------------------------------ Attention: React to price action based on specific trading plans, rather than predictions. This is my personal idea and analysis, please just see it as an example for reference. You also need your own judgment, analysis as well as a trading plan to manage risks when trading Forex. This is a free blog sharing trading ideas. Z Concepts is a forex and cryptocurrency trading strategy that combines Wyckoff, supply and demand , price action, and some other modern technical analysis . If you find the article useful and interesting, please leave a comment !
OANDA:XAUUSD
by UnknownUnicorn31399052
2