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Wyckoffmethod

ICP Wyckoff Accumulation PlayICP/USDT 1D Chart ICP has been moving sideways since the July bottom trading in a range. Using Wyckoff I’ve analysed the chart on the daily candle chart and it looks to be an accumulation play over many months. Ive identified characteristics similar to stages of Wyckoff accumulation and marked it up. Using fractals from the previous price action, I’ve pieced together a generic approach of what price would typically do according to a Wyckoff accumulation model. The model is flexible as not all price action will repeat itself in the form of Wyckoff but variations creating the same setups occur throughout sideways price action. You could identify another 2 Wyckoff distributions in this chart alone so a degree of flexibility as price action develops is required. This new low we have put in from the crash has a big wick showing a lot of buyer presence and very high volume showing the entry of the composite man at the low of the range (good sign). This low to me is the ST as SOW but could also be the Spring, only time will tell and provide us with confirmations.
Long
by marshyyy
14
USDCAD Forming a New Distribution RangeThe price action of the USDCAD pair is developing a new Distribution range under the expectations of the Wyckoff Cycle theory. The range spans between the 23.6 per cent Fibonacci retracement level at 1.27085 and the previous swing peak at 1.28500. This is further substantiated by the fact that the previous uptrend, taking the form of a 1-5 Elliott impulse wave pattern, is now completed. The underlying setup looks favourable for the implementation of range-trading strategies.
by Trendsharks
The AMC squeeze is part of Composite Man's bigger narrativeAfter analyzing AMC from the beginning and in the news, I started to see patterns of news cycle driving a broader, retail-centric narrative. Here, I'm hypothesizing what the end-game might be for Composite Man, who has clearly spent years accumulating his position. When he begins to distribute, what would that look like? I'm not indicating timing or price levels (though I did base things off of past fib levels), but rather the shape of that hypothetical future move. It's quite natural for accumulation to lead to reaccumulation and, ultimately, to create a distribution period. That distribution becomes critical to the longer term growth of the stock -- just look at the Ford and McDonald's charts I've posted. This isn't a doomsday thesis, but I am looking for a change of pattern which would indicate a bigger pull back. However, the shorts must cover -- this stock isn't going the way of Toys-R-Us -- so, we have quite a bit of upside before we turn the corner and begin distribution.
NYSE:AMCLong
by squarerootof9
10
Bitcoin test demand zone 52k ? BTC Wyckoff distribution analysisHello there, This is BTC analysis by Wyckoff method After testing the trade range in LTF, BTC maybe in a distributed structure. It could test demand zone around 52k. This will be confirmed when we have SOW. Here, there is a selling opportunity with the Quasimodo structure. A short-term trade with low risk. Z Concepts is a free blog sharing how to use Wyckoff theory, supply and demand , Price Action and some other modern technical analysis methods. Follow to update more effective gold trading cases! ------------------------------------------ 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. If you find the article useful and interesting, please leave a comment !
Short
by UnknownUnicorn31399052
4
ADA is getting off the kneesWhat’s going on, comrades? I have just looked at ADA (Cardano) and I wanna express my opinion about the possible price movement. You might have noticed that Ada is quite suffering from bears. As you can see on my chart, we have got a lot of supply zones and manipulation. And I would love to express my opinion about the possible outcome in this case. So, as you can see, we had a clear distribution in September. Price also went back to a FVG ( or you can consider it as a supply zone). Then we saw a huge manipulation with the price and also strong and clear supply zones. The zone of interest below (1,9 - 2 $) below played a role in keeping the price up. Unfortunately, the crypto didn’t show a big support and interest from huge whales, and thus, we didn’t see a proper BOS. You may ask: «Hey, Quanty, what about BOS during 21-24 September?» Unfortunately, guys, it wasn’t a proper BOS, just a move up to take stops and liquidity before major moving down. Then we saw a huge manipulation the price and another move down. What about now? Firstly, price came to a zone of demand. In addition to it, on small timeframes I also pattern which looks like an accumulation. On volume chart I have also managed to see big volume bars which let us find out that big money MIGHT have interest to buy. And, man… ada is really on a Bikini Bottom. «Well, Quanty, but when it seems, that it can’t go lower, it usually does!» YEs, you are right. But there is one moment why it may not go down. Look at the previous gaps from 23 July to 9 August. If you switch to small timeframes, you could see, that all big candles are closed by the previous and following ones. So, it is unlikely that price would go there now, cause there is no liquidity, there is now proper demand zone, now proper point of interest. In a nutshell, there is now money left below. All hamsters got already got shaved, I want to believe. So, what we gonna do??? Surely, you can buy ADA right now on an invest or play with futures but with small leverages. IF you want to be sure in a position, there is another option. You should wait for a proper conformation such as BOS, Liquidity above (market as x) and a possible break FVG or zone of supply. And another think that would definitely make us as safe as possible is a huge gap up to the zones I have mentioned above. Well, and the last thing. Target: well, speaking the truth, I would hodl up to 3 $, but obviously, the price could go much higher and faster.
Long
by Quantedyth
Gold reach to 181x today? Gold analysis with Wyckoff methodAnalysis and trading of gold according to the Wyckoff method Today, gold ( XAUUSD ) broke out of the Trade range, Sign of Strength (SOS). Gold did not return to 1785 - where I was waiting in the previous post, but the price confirmed the accumulation structure according to Wyckoff. The price could rally to approach 181x today. Z Concepts is a free blog sharing how to use Wyckoff theory, supply and demand, Price Action and some other modern technical analysis methods. Follow to update more effective gold trading cases! ------------------------------------------ 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. What method are you trading gold, forex? Please comment below
OANDA:XAUUSD
by UnknownUnicorn31399052
2
Is gold accumulating? Gold analysis by Wyckoff methodGold analysis by Wyckoff method IDEA 1: Gold ( XAUUSD ) is accumulating in the 15-minute timeframe. Yesterday, gold has shake-out out of the Trade Range and then back again. This is the way market maker sweep Stop-loss of retail traders. I was entered a buy order at the Test position of ST (1780). After creating the mSOS , the price also had a successful Test span at 1782.5. Currently, gold is preparing to retest the upper Trade Range to confirm the Accumulation structure according to Wyckoff. Observe the price reaction at 1785 and wait for the structure to confirm buy here. ------------------------------------------ ATTENTION: We are not trying to predict price, but just react to price action with specific trading plans. This is my personal idea and analysis, please just take it as an example. You need a judgment and a trading plan to manage risks when trading Forex.
OANDA:XAUUSDLong
by UnknownUnicorn31399052
2
BTC Looking Bullish BINANCE:BTCUSDT is looking like it will go for a run to around $61,000 which coincides with the VWAPm and key area of trading activity. Key Observations Not visible on this chart, I have been looking at the orderflow and the $56000 area has a significant amount of buy limit orders absorbing the supply coming into the market. It looks as if supply is exhausted at this point. On the daily chart this area lines up with the 0.38 retrace. This is a logical place to have large buy limit orders and can expect some reaction upwards. The market has been in a balance state with the VPOC of the local range and VWAPw coming together. A close above these two indicates at the very minimal a visit $58000. From there we look for a confirmation of an imbalance to demand further pushing price upwards to the target of $61,000. We have formed a smaller re-accumulation in the lower part near the overall spring. I'm favouring a break to the upside but waiting on confirmation that demand is back in control. If we bounce of the VPOC/close comfortably above the VWAPw I will enter longs. On the flipside, I would only say this structure will be lost with a meaningful move through the $56000. if that happens, time to re-assess the price action again. VWAPw = VWAP weekly VWAPm = VWAP monthly
Long
by DecpBTC
GOLD WYCKOFF THEORYGold Price Forecast: XAU/USD hangs near multi-week low, bears flirt with $1,800 mark Gold struggled to preserve its modest intraday recovery gains from a near three-week low. Hawkish Fed expectations, elevated US bond yields, stronger USD contributed to cap gains. COVID-19 jitters could lend support to the safe-haven metal and help limit the downside. Gold gained some positive traction during the first half of the trading action on Tuesday, albeit struggled to capitalize on the move. The XAU/USD has now surrendered a major part of its intraday gains and was last seen trading just above the $1,800 mark, around the lowest level in nearly three weeks touched in the previous day. The recent US dollar rally got a strong boost on Monday after US President nominated Jerome Powell to serve as the Fed chairman for a second term. The fact that investors considered the other leading candidate, Lael Brainard, to be the more dovish of the two, the announcement reinforced bets for higher US interest rates. This, in turn, pushed the USD Index to a 16-month peak and prompted aggressive selling around the dollar-denominated gold.
OANDA:XAUUSDShort
by keepupwithki
2
Can we short USDJPY? Wyckoff analysis indepth, RR 12:1This post is analyzed according to the Wyckoff method and find the entry point according to the Quasimodo . structure USDJPY is most likely distributing at the 4h frame. There is a Quasimodo (QML abbreviated) structure after the price returns to the Trade Range. Wait to sell at LPSY when there is confirmation structure on small time frame ( LTF ). Reward - Risk Ratio, 12:1 The QML is the area from the left shoulder to the top of the Quasimodo setup. ------------------------------------------ ATTENTION: We are not trying to predict price, but just react to price action with specific trading plans. This is my personal idea and analysis, please just take it as an example. You need judgment and a trading plan to manage your risks when trading Forex.
Short
by UnknownUnicorn31399052
6
Long Term Outlook On Gold - Smart MoneyHere is a long term outlook on the price of gold based on smart money concepts. We have a Wyckoff distribution schematic forming on the 1hr charts (visible on 2hr and 4hr as well) where as you can see the upthrust after distribution has tapped into a demand zone, mitigating previous orders from smart money, and likely fulfilling some type of markup campaign. It is obvious that the equal lows around 1680 area hold a large amount of liquidity, and should be marked as the long term targets, perhaps even lower given the talk going on in our current economy. This should be used as a study guide for how and when to trade with smart money and Wyckoff schematics, and not used as financial advice. Here are a few more pictures that are hard to include all in the published frame: Liquidity & Demand Zones Labeling: DISCLAIMER THIS IS NOT FINANCIAL OR INVESTMENT ADVICE AND SHOULD NOT BE INTERPRETED AS SUCH. Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. Past performance is not indicative of future results. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.
FOREXCOM:XAUUSDShort
by renegadeforex
6
EURUSD Could Consolidate Near the Recent DipThe economic calendar for next week looks relatively uneventful, which is likely to result in diminished trading activity. Under such conditions, the price action is likely to consolidate in a new Accumulation range, as postulated by the Wyckoff Cycle theory. Such a range is likely to span between the major support level at 1.12700, underpinned by the recent Hammer candlestick, and the 23.6 per cent Fibonacci retracement level at 1.13532. The waning bullish momentum, as underscored by the declining histogram of the MACD indicator, corroborates these expectations.
by Trendsharks
BTC Top Comparison(April 21 vs Nov 21)The question on my mind - is this some sort of double top formation that could lead to a decline in price? I am going try to answer the best I can with justification for why this is not, in my opinion, a double top and we are shaping up for push higher; at least to previous highs again and maybe a bit more(from there we analyze the price again). Justifications Structural: Looking at the two channels gives a picture of an upward trend in both cases. What is interesting is the is rounding we saw in the run up to the April top and a 3 push failure pattern that you see in distributional structures; signifying the exhaustion of demand. Placing a volume profile of both structures, it shows an increase in activity at the very highs of the April top with a high POC in the trend channel. We look at the current position we see that is the opposite. We have a lower POC and what we see is a HVN(contracts have been traded a this higher level) yet the swapping of hands so to speak, is reduced across the upper part of the trend channel favoring some acceptance by both buyers and sellers as this higher level. Time: A promising aspect of the November price action is the ability to hold price at the higher levels. This is what we want to see when we favor a re-accumulation and subsequent continuation of higher prices. By simple visual observation we can see how in April price supply easily caused an imbalance at the higher prices and price drop significantly; no demand could support the price. The current price action indicated some acceptance of the price at this level. Volume: Looking at the current dips from the tops we see volume on the supply side in April 21 was higher whereas this time we have a lower volume indicating some confidence that this is not a downward movement supported for continuation. The aggressiveness that was there before, looks to be less dramatic. In the short term, I think we need to test the 62000 range as that lines up with a HVN and the monthly VWAP. If we can get above this level and hold I think we could get a continuation at least to the 70K range. From there we would analyze again and check the price action. As noted on the chart, we could have another drop to the 0.5 retrace which looks to be a logical and would still support a continuation to the highs from the oversold condition.
Long
by DecpBTC
Do you play the Lottery? Maybe you should....LTRY Falling WedgeWith a Pop over the Falling Wedge Resistance on a 4hr this is looking extra Saucy with the Hammer Shaped Indecision Just hovering above the blood soaked candles below up.. Like beacon to all those who want or need money its just hovering like Superman as a sign of HOPE........or some crazed power hungry alien with lazer beams that come out of its eyes, ready to annihilate all mankind if his lover dies.......either way should be a good ride. There is about $3 DOllars of head room to reacht he top of this wedge. There is athe cahnce this comes down first thing to close the gap. But that just means cheaper shares for everyone. *high Fives* So you know what they say, you cant win if you dont play. by iCantw84it 11.15.2021
NASDAQ:LTRYLong
by iCantw84it
3
Breakout Play on GBPJPYThe price action is currently attempting a breakout above the Re-Accumulation range, in what could result in a new Markup. Traders can look for an opportunity to go long just above the range's upper boundary (at 153.600). They can place a stop-loss just below the 300-day MA (in purple), currently at 153.360. The first target is the 38.2 per cent Fibonacci retracement level at 154.658, which is about to converge with the 200-day MA (in orange) and the 100-day MA (in blue). If it manages to penetrate above this threshold, the price action would then likely head towards the 23.6 per cent Fibonacci at 156.021. This is where bulls can collect their profits.
Long
by Trendsharks
2