US30 POSSIBLE "SELL/SHORT" AND/OR "BUY/LONG" PLEASE READ!!!!Alright folks, just bare with me on this analysis as I think we are at such a pivotal point in the current state of our markets and economy. So lets begin, this idea at the moment will be posted as neutral.
From a Technicals standpoint, I am a trader that follows some ICT methods, along with Wyckoff and others work and combined it into my own Strategy. I play price as almost as if it is hunting for a play.
So on the Higher time frames I'm Recognizing:
SELLING SCENARIO:
FOLLOW BIG RED ARROW FOR SELLER SCENARIO
- An ICT SELL Model
- Price Broke Structure and is Retesting a Bearish Order blocl
- Reversal Candle on the weekly
- Every time Price Breaks a Higher high it is followed by severe distribution (A sign institutions are selling)
- We are also at the equilibrium of our last weeks range
IF PRICE SELLS/ Rejects on the 1-4hr TIME FRAME AT OUR BEARISH ORDER BLOCK:
- I will be looking to short to the imbalance between 34485 and 34285
BUYER SCENARIO:
FOLLOW BIG GREEN ARROW FOR BUYER SCENARIO
- Price Retested a very strong liquidity zone
- The Weekly close occurred above the area of liquidity Acting as a strong Base of demand that will move price bullish
- Really strong demand for price at a 34840 levels
- Price is still creating higher highs on the daily time frame
IF PRICE BUYS AT OUR Point of interest:
- I will be looking for the price to test this block as breaker block for buy entry to 35364
As always a look into fundamentals is very crucial while trading in confluence with your technicals:
Lets look at some previous weeks news/ Macro Economics price fluctuations:
- FED announced the tapering of bonds
- Gold has dropped over 1000 points (giving signs of deflationary period in our economy)
- COVID DELTA Variant is back, cases are rising
- High inflation in grocery prices and Gas
- Deflation occurring in some commodities
- Infrastructure Bill Passed
- Consumer spending reports show a decrease in consumer spending
- Retail sales down
All in all,its a must to keep everything in mind MY Personal "OPINION" is the markets will sell this week HOWEVER, MY BIAS WILL STAY NEUTRAL. AS HUNTERS, we might want 17 pointer but sometimes you get 12 pointer or baby deer. So As always stay blessed happy trading week Follow for more in depth analysis!!
Murtzaa Out
Wyckoffmethod
USDCHF REACCUMULATIONThis pair loves to consolidate but when it moves expect some nice pips.
I put a little time and thought to see the kind of consolidation this might be. To my eye, It looks more like a reaccumulation inside a larger re-accumulation.
I understand price makes repeated patterns in different time frames.
If this were to be the case then a 1:16 ratio isn't that bad.
S&P 500 REACCUMULATIONThis might be a reaccumulation in progress. Take partials during the bull run but the current high should be a nice place to take everything off
Wyckoff Accumulation HYLN updated 8/19EV sector continues to show behind the scenes buying from HFs/tutes (look at unusualwhales.com and sort by date of 13F filing). in a previous post, i shared this idea and thought that the accumulation was happening without this downward move into a spring happening. clearly i was incorrect, as we saw very strange -4% days all in a row--which appears very "manipulated" when you also account for increased volume. (i hate using that term "manipulated" but what i mean is that the price was suppressed to allow for more accumulation by those who have the capital to do so).
BTC MASSIVE REACCUMULATION
Has it occurred to anyone that it is rather unsettling for bitcoin to peek at this time of the year. Normally it happens in december towards January.
It was hard for me to fathom how they would leave all that liquidity below. I might have solved this mind boggling puzzle for my self.
I call the reaccumulation first
XAUUSD | Market outlook Gold prices are showing moderate growth during the morning session, returning to an uptrend after multidirectional dynamics the day before, which did not allow XAU/USD to consolidate at new local highs since August 6. The instrument was pressured yesterday by the massive growth of USD across the entire spectrum of the market in response to increased alarming sentiment regarding the new strain of coronavirus. The strengthening of USD was not prevented by the weak macroeconomic statistics from the USA on the dynamics of retail sales, which only contributed to the risk-aversion of investors. Additional pressure on gold quotes was exerted by a decrease in the yield of 10-year US Treasury bonds, which renewed their two-week lows the day before.
READY TO SHORT SILVERSilver might see a sell in coming weeks after price breaking the 24 usd recent lower low. This may signify a break of market structure forming what would be supposedly be a major sign of weakness. It would be quite nice if we see a retracement to the upside until 27.750 level before going down. Once that level holds we can be sure of an impulsive down trend
XAUUSD | Technical Analysis Gold prices are consolidating during the Asian session on Thursday after strong growth the day before, due to the emergence of an ambiguous report on inflation in the US, which, although it reflected the increase in prices, also indicated a decrease in their growth rates, which may give the US Fed additional time to choose a vector for monetary policy. However, such insignificant fluctuations in the dynamics of inflation are unlikely to have an impact on the decision of the American regulator. Many members of the Federal Open Market Committee are in favor of tightening monetary policy, and so far only reducing the quantitative easing program is in question. Obviously, interest rates will remain low for a long time to come.
AAPL Wyckoff MethodAs Wyckoff Method we should be in Phase C: The stock price goes through a decisive test of the remaining supply, allowing the “smart money” operators to ascertain whether the stock is ready to be marked up. We are near to Phase D. If this plays out the whole market should follow, barely we walk on a string.
distribution price cycleThe distribution phase is the third stage of the cycle and it is where the bears are attempting to regain
authority over the market
The price action on this chart at this stage is flat. One indication that the market is in the distribution
phase will be the sustained failure of price to create higher lows/bottoms on the chart.
The price action begins to create Lower tops which is a sign that the market is experiencing a sell off
When trading stocks during this phase the composite operators are selling the shares they own.
Smart Money Concepts Diagram With Wyckoff SchematicsThis is a Smart Money Concepts Diagram With Labeled Wyckoff Accumulation And Distribution Schematics.
These are the main smart money trade setups that you will find in your charts, this is how smart money (big banks, funds, composite man, etc.) manipulate markets to engineer liquidity.
Wyckoff methods teach a bigger picture view of the markets and why they are moving, many times you will see smart money setups inside of bigger picture Wyckoff schematics that form certain parts of the schematic itself.
I hope you find this to be a useful reference diagram for Smart Money trade setups 😁
If you have any questions please comment below and I can make updates to the F.A.Q.
EURUSD | Market outlook EUR shows mixed trading dynamics against USD during the Asian session, consolidating after a strong decline last Friday, which was due to the publication of a strong report on the US labor market for July. EUR continues to trade near the local lows since April 5, waiting for new drivers to appear on the market. However, today there will be few interesting macroeconomic statistics from the US and Europe, and therefore the "bearish" trend can be further developed. Anyway, the data released in the United States reflected an increase in Nonfarm Payrolls in July by 943K after an increase of 938K in June. Analysts predicted a decrease to 870K. The Unemployment Rate in July fell sharply from 5.9% to 5.4%, while investors had expected a decline to only 5.7%.