Get started

Wyckoffmethod

Wyckoff Re-Accumulation SchematicRemember that these are schematic patterns, meaning price action could have a similar trajectory, but it is important to learn about the characteristics of each phase and how to determine the differences in each one. Volume is a huge component of Wyckoff so see below for my favorite free resources to help learn more about Wyckoff: Wyckoff Re-Accumulation Schematic (Wyckoff Anatomy of a Trading) #BTCUSD Phase A: Shows Buying Climax stopping previous up move and more pronounced preliminary support and selling climax facilitating accumulation into stronger hands. Phase B: Inconclusive evidence but does show us evidence of rally on good spread and volume. Phase C: Shows final low on diminished volume compared to ST and holds support area above climax low. Move off of low shows pattern on expanding spread and volume. Phase D & F: Continues pattern of Demand in Control.
BITSTAMP:BTCUSDLong
by Crypt0_Ninja
4
$DOGE to face some Spring action before we can get uber bullish.NOT FINANCIAL ADVICE In the grand scheme of things, Dogecoin is exhibiting accumulation signals, evident by the heavy buying spree whenever price hits SC levels ($0.1527). I read this as whale-buying activity, where they'll have plenty of buy triggers at that level. As bullish as that may sound, we have not yet been given a sign of a Spring event, aka a revisit of SC levels and touching or breaking that. Heck, we have yet to even see any creek consolidation price action too. In fact, there is a good chance that we get to see a little pump as the rising tide from bitcoin's ATHs creates euphoric buying signals, but as the market cap of Dogecoin is now too large, the volume may not be enough for it to see a revisiting of its ATH anytime soon. Perhaps a retest of $0.35 is more likely than not. Perhaps.. More consolidation will be needed to coil price action up (like a spring!) for its next bull cycle run (2024-2025?). So if a dump towards SC levels is indeed a pre-requisite in the Wyckoff method, then $0.1527 will be a good spot to set some triggers. But why buy when the price is dumping? Because the smartest investor on earth advised 'Sell when others are greedy, and buy when others are fearful.' Happy Trading!
BINANCE:DOGEUSD
by googooboyy
3
GBPUSD | Market outlookThe British pound is showing multidirectional trading dynamics against the US dollar, trying to gain a foothold below the psychological level of 1.3500. The new week on the foreign exchange market starts relatively calm, as the macroeconomic calendar is empty, and Friday's publications from the UK were largely offset by a generally positive report on the US labor market. The British house price index from Halifax in October showed an increase of 0.9% MoM after rising by 1.7% MoM last month, although analysts had expected strengthening only by 0.4% MoM. In annual terms, the index accelerated from the previous +7.4% 3 M/Y/Y to +8.1% 3 M/Y/Y, which turned out to be noticeably better than the market forecasts of +5.9% 3 M/Y/Y. American statistics, in turn, showed the increase in the number of new jobs (531K instead of 425K expected), created outside agriculture in October. We should recall that a month earlier, the growth amounted to 312K.
Long
by DynamicCapital-FX
AXSUSDT for Teethgrinder Waiting for this to pop the cloudthe red crosshair is current price the green is where I think if a green candle was to close above that line with no wick on top would be a trigger signal to get in. the white path is the first time it repeated this move the dotted is the second and most recent time it repeated this move the red cloud is your resistance area the green is showing signs of another attempt to make a run up. @teethgrinder by iCantw84it 10.24.2021
by iCantw84it
8
TOPGLOV's Wyckoff Analysis with Volume Profile + VSA. 3/Nov/21TOPGLOVE's stock price "Finally" reached RM2.50.. A "very critical support zone"... Where this "zone" are : - 1) Weekly Up Trend Line ( Cyan Dashed) support 2) Weekly & Monthly Demand Zone 3) Zone of lower support @ parallel channel (red).. AND From Volume Profile's POC @ around RM2.70.. we "see" lot of buyer either from institutional or retail were buying in That "matched" what Wyckoff's "Universal" Market Structure in "Accumulation Phase"...
MYX:TOPGLOV
by SteveTan
2
PFE Pfizer on the 8hr Popping the cloud.So I have been blending a lot of my styles together and recently i have had a lot of success with the 4 hr Chart using the cloud. When I remembered that I use to trade multiple timeframes because they repeat the same pattern on each time frame. So if that was the case I should be able to find a 8 hour chart where PFE is popping the cloud since the 4hr had already popped the cloud days ago. So I pulled up the 8hr and it was sitting in the cloud about to pop. It just popped the cloud and now is coming back down to find support before breaking out to go for a new high. Resistance is at 43.70. Once it gathers up enough shares to control the float it will clear this area. The white line is actually the copy of the same move on the 4hr chart. I copied and pasted it on the 8 hr so I can get the exact same path the 4hr took on the 8hr chart. by iCantw84it 11.01.2021
NYSE:PFELong
by iCantw84it
3
$DOGE is in accumulation Phase D: Get ready for liftoff.NOT FINANCIAL ADVICE NGL, I'm still a novice student of Wyckoff Method, but take this study with a pinch of salt, please. 19 MAY: Preliminary Support (PS) [First signs of market distress is seen. Supply is being dumped. 22 JUN: Selling Climax (SC) We see capitulation ending here 25 JUN: Automatic Rally (AR) Because intense selling pressure has gone, bargain hunters push price back up easily. 20 JUL: Secondary Test (ST) Price revisits near SC to test the supply/demand(support). Comparably low volume indicates we are seeing a bottom. 16 AUG: Signs of Strength (SOS) $DOGE advances as volume/demand increases gradually. 4 OCT: TEST (of supply) Bulls give bears a last try to flex while $DOGE is within the trading range, but as seen here, bulls are currently winning and has begun attracting.. 28 OCT: Signs of Strength (SOS) .. whales! A lone, large green candle punctures the chart -- possibly a $SHIB whale throwing $DOGE a bone? Today: Last Point of Support (LPS) This is where price backs up towards the 'spring' as bulls dare the bears to take back control. Now I know what some of the disbelievers are going to say -- that $DOGE has too much inflationary pressure and will only go lower and lower and lower and.. While those words may ring true, in crypto though anything is possible. The best that we can do is to utilize whatever tools we have learned and make the best educated guess at the market. Thanks to Wyckoff Method, mine is that there could be one last time to give yourself a chance at the lottery. As Wayne Gretzky famously said, "You'll miss every shot you never take." Until next time, happy trading!
BINANCE:DOGEUSD
by googooboyy
12
ETH 6 Month Outlook: Price Due for a CorrectionThis is my 6 month outlook on ETH. I try to chart as unbiased and emotionlessly as possible. I learned to trade using Wyckoff's method and place heavy importance on supply and demand as represented by volume to back up any price movements. Plus I saw the new and very well designed Volume Indicator by @BobRivera990 and had to try it out. All price action is dictated by supply and demand. Especially now that large institutional investors have taken an interest in Ethereum and cryptocurrency in general, it is going to behave like a predictable market. Also, EIP-1599 had the opposite effect than what many in the community loudly said it would have. With transactions being sped by by a "tipping" system, the network is essentially a whale's playground, with gas prices routinely being prohibitively expensive for all but the wealthiest investors. Everyone else can play during their off hours. The burning of ETH likely helped speed up this recent bull trend, but it's the market makers who dictate this, executing trend reversals after testing the demand (more on this below). If you like this, show some love. Those thumbs up and comments let me know what kind of analysis people are looking to see. Technical Analysis This chart is using Fibonacci retracement levels starting at the 1 year volume low which kicked off the bull run. Most of our support is at 0.236 fib, roughly $1300. This is likely to be the bottom of the correction. The upward and downward Gann fan is useful in helping to time market movements as well as predict future price-trend channels. In determining a channel for the downtrend, follow the Gann lines to the volume profile on the right. Support and Resistance can be determined by where the bulk of the volume lies. The run that took the price from $238-$4380 started with a daily volume of 7k ETH and peaked at 320 ETH. The most recent run that brought us from $1800 to current levels (~$3300) kicked off mid October with a daily trading volume of 8k ETH and the price climbed 85% to it's ATH. Meanwhile, the highest volume we've seen in the last month was 69k ETH. Volume is a direct representation of demand. Supply and demand dictates the price of a token. When demand is high and/or supply is low this creates bullish conditions. When demand is low and/or supply is high this creates bearish conditions. Current volume indicates that demand is low, even with ETH burning in place due to EIP-1559 reducing the supply slightly, we're not seeing an increase in demand to match the price movement upward, this divergence is bullish as it indicates that the price is being moved by the market makers. Additionally we have divergence in the LSMA. > Note the volume spikes that routinely pop up to roughly 125k ETH. This is market makers testing the demand. Sometimes people bite, in which case they buy/sell ETH in order to move the price in a direction that is favorable to them. While the price went up 85%, demand fell by 75%. Basically the price is currently inflated by about 75% of what it should realistically be based on volume and demand, we're due for a huge correction. The only reason I think it won't correct a full 75% is due to the strong support at the $1300 price level which corresponds to the 0.236 fib retracement level. It's not a coincidence that the yearly volume peak and the volume peak at the sell off are identical either. That's the market makers taking profit, or as Wyckoff would say, "the composite trader" setting the price. Psychologically, you can think of trading as a game between you and one single entity who's goal is to take your money, which isn't far from the truth. The market makers all have the same goal: profit. They do this by shaking out retail investors with false breakouts and bringing the price to inflated levels like where we are now. So what do we look for to determine when to sell? 1. Volume jumping to ~125k ETH (resistance test) followed by a change in price action. 2. A daily close (not just a wick) below the 0.618 fib level So yes, we have shorter-term EMAs that bounced off long-term and a golden cross, but the real question is: does the current demand back this up? Right now, no it does not. I expect the price in a downtrend to follow the outlined channel until around February, at which point the direction will be determined by the demand and the crypto landscape at that time, a landscape that's constantly evolving. Keep those stop losses prom-night tight ladies and gents, things could get real fun real fast.
BITSTAMP:ETHUSDShort
by HeyJonBray
2
EBON PLTR BLU CPNG LUL ASML GVP REDU SMH Cloud Poppingwww.tradingview.com This is my Watch List for all the stocks in my 200 list that are popping the cloud. Red Flag means already has a green Candle and either ready to go or watiing for a solid green candle with no wick to signal your in. No flag means red or in the cloud and waiting for Green Candle No Wick to close outside of the cloud to signal. These are all good for a 1:1 or 2:1 Position based off the last node or if you cant find that...the bottom of the cloud as a stop loss. Some of these will follow a 45 degree angle up over a week or more time frame....If you want to take out profits and leave runners on these that would be a good way to make sure you dont leave anything on the table. I would also look at other stocks in the sector of whatever one you take interest in. if you see it doing the same move and going up in a 45 degree angle then this stock most likely might be following suit. I am not a financial advisor do not blindly jump in on any of my trades without doing your own DD. This method is using a cloud I custom set the parameters to and piggy backing that off Wyckoff Method as this would be the last dip into liquidity or the first push after the spring (Accumulation or Absorption of the float) Also the Curve which would be (the spring or Launch) and the Key algo which is the path drawn in white. by iCantw84it 10.23.2021
NASDAQ:EBONLong
by iCantw84it
2