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Wyckoffmethod

VIPS MACD Divergence by MADO how I use it to predict Breakouts2VIPS First I want to give mad props to MADO for his/her Divergence MACD Indicator. I found this last night and this is what I have found while using it. Although it doesn't preplot every divergence I would like to see and there are a lot of other things I wish it did...maybe some programmer or Mado themselves would like to help put what I see all together into one indicator. That Said while using the indicator I found that not only can you predict when it will break out but also what it will do when it does, and how far it could go. I have only tested this on a few stocks as I just found this out and wanted to post it while I was discovering it. So its not polished and its not withheld in any way its exactly as I am discovering it. I will make a video again as the first 2 errored out due to my poor internet. lol @MaDo if you are viewing this I want to give you mad props on this indicator. By far the best one I found and yes im using it not as intendid but thats how i use all indicators. If you are interested in helping me make a version of this with my twist to it I would gladly help you see it the way I see it so that you could. Feel free to reach out anytime.. That goes for any programmers that come across this. I see a lot of things most people dont due to my acquired savant syndrome and would like to share that with the world. by iCantw84it 07.09.2021
NYSE:VIPSLong
by iCantw84it
CPNG its like a small Chinese AMZN -Bill Gates and Warren BuffetWhy: Warren Buffet and Bill Gates moved most if not all of their stocks out of tech and into other Sectors....At the bottom of the list of their stocks they heavily invested in was this stock...I found it odd out of the bunch it was the only one I didnt recognize. So it peaked my interest. From what I gather its kind of like the Chinese AMZN but smaller. Taking that into account I did my key algo and found this path for it. I wanted to make sure it had plenty of time to do its thing and go the distance so I got option calls for 10 all the way out in Sept 2021. by iCantw84it 07.09.2021
NYSE:CPNGLong
by iCantw84it
2
Wyckoff's Accumulation phaseThis is Wyckoff's Accumulation phase that is tricky to understand, Wyckoff's methods are real smart money concept. Actually Wyckoff's understand how SM place their orders. So after a long time by studying markets sir Wyckoff distributed his knowledge between public. And reality is Support and Resistance work but not so nicely SM know how retail traders trade the market. So they break the retail levels induces public and collect their orders and reduce public From trades. Concepts are little bit complicated to apply in real time chart, but it actually works. If anyone wants to learn those concepts then they can search on Google 'Wyckoff's method'.
Education
by HelloSujoyGain
MACD Divergence by MADO and how i use it to predict breakoutsFirst I want to give mad props to MADO for his/her Divergence MACD Indicator. I found this last night and this is what I have found while using it. Although it doesn't preplot every divergence I would like to see and there are a lot of other things I wish it did...maybe some programmer or Mado themselves would like to help put what I see all together into one indicator. That Said while using the indicator I found that not only can you predict when it will break out but also what it will do when it does, and how far it could go. I have only tested this on a few stocks as I just found this out and wanted to post it while I was discovering it. So its not polished and its not withheld in any way its exactly as I am discovering it. I will make a video again as the first 2 errored out due to my poor internet. lol @MaDo if you are viewing this I want to give you mad props on this indicator. By far the best one I found and yes im using it not as intendid but thats how i use all indicators. If you are interested in helping me make a version of this with my twist to it I would gladly help you see it the way I see it so that you could. Feel free to reach out anytime.. That goes for any programmers that come across this. I see a lot of things most people dont due to my acquired savant syndrome and would like to share that with the world. by iCantw84it 07.09.2021
NYSE:CPNGEducation
by iCantw84it
NDX/SPX Looks like a slower BTCUSDThere are a lot of technical facts displayed on the charts that should make the case very clearly that NDX/SPX (QQQ/SPY to get volume data) have very remarkable similarities with NDX/SPX is on the three day chart and BTCUSD on the daily chart. As such I think it is fair to use BTC as a leading indicator for what could be happening with NDX/SPX. For those paying attention to crypto it has been taken over in part by the Wycoff patterns and people are scrambling to apply those patterns to their analysis. Plenty of work was done on BTCUSD and now people are looking for accumulation at these levels. I think that is a major mistake. Just as their is accumulation and distribution there is reaccumulating and redistribution where you reset for continuation. You can zoom in on NDX/SPX and do the exact same Wycoff analysis and you will be getting much the same results. I may do that as another post over the weekend as it deserves its own right up. With NDX/SPX looking so bearish and the inter-relationship between all markets (due to prevailing interest rates, globalization, and the traders behind the screen) it seems that ultimately BTCUSD will be setting some lower lows and chartists should be looking for re-distribution, not accumulation. If none of this makes sense then I recommend you do a whole bunch of your own research and re-iterate looking for these patterns on trading view ideas for proper and improper applications. Here is the important thing... I heard way to many people say that the Wycoff Distribution Chart looked to perfect so they thought that it had to be fake somehow. But no, it triggered. The main prediction of this analysis is that NDX is going to dump against SPY and in a very big way. There may even be a point where NDX is going down and SPX is going up for some considerable time but I think that is very unlikely. I think we are getting a very big move globally to the downside. I don't know what the news will be that will trigger the dump but it seems that it is coming within the next couple of weeks or so. Initial Targeting for a Sensible bear market As NDX/SPX is moving slower I also look at higher a higher time frame on the Keltner channels to help do some target setting and look for concurrence. With the monthly NDX/SPX on the left and BTCUSD on the weekly on the right we see that the charts still seem every similar in many respects. Price action was above the respective KCs and is now in the process of working its way downward. If we get a high level of fidelity when it comes to the subsequent consolidation we could also see the same potential head and shoulders pattern beginning to take shape. Now BTCUSD hasn't triggered just yet. I suspect some more sideways action and when NDX/SPX is more completely in its bulltrap both will trigger close to one another. A look at NDX and SPY shows that previously NDX has respected the Keltner Channels a lot more than SPY, and SPY often finds itself out of the monthly Bollinger Band. Might be interesting to see if that trend flips here during this next dip. NASDAQ Bubble Pop Targeting Unless we have a Great Depression like the 1920s and 30s the target setting for NDX/SPX is below the quarterly Keltner Channel. If you look closely you can see it seems that someone with a lot of money has used this chart before for the NDX/SPX price action to act so precisely at the orange arrows. I am also not much comforted by the fact that these major indices are so close to major targets Because BTC failed at its major target disclaimers This post requires a lot of patience to implement. You won't need to be so lightning fast to make these trades as you do on crypto though, and the crypto exchanges often go down so you don't get your order filled so buying the dips on and trying to sell the top could be more manageable. But if a bubble is ending individual equities could be blowing their top off so shorting too soon is a very big problem. Also I am not a financial advisor nor am I a CMT or other certified chartist. If you are familiar with my TA then the chart below should be familiar. It is very bearish that the MTF VSTOP has appeared on NDXSPX. This will be a chart to watch and I think in short order price action will be slipping the 20 week again. If not and it is tested as support then this TA is in the process of being negated. This idea is an expounding on my linked post which looks at higher time frames if you would like to see that analysis.
NASDAQ:QQQShort
by This_Guhy
11
Bitcoin – Accumulation: A Wyckoff Study With BTC breaking down below $32.7k, it appear to me that we have just completed a wave 4 corrective triangle, within the final wave 5 of a larger 3-3-5 correction. All that is left is the final capitulation to complete the last element of this corrective structure. Read in the context of the Wyckoff Method, this gives the technical structure for what I show as a Redistribution, and the final capitulation into a selling climax that will invigorate the Bulls into value buying, and trigger the Spring that has been so long in the waiting. Looking at the Fibonacci projection for the larger corrective structure, and the Fibonacci Channel that has defined the trading range since late May, it appears that the bottom of the correction and the Spring is around $26k. At least that is how I see it.
COINBASE:BTCUSDShort
by Crypto-Swing
24
Bitcoin: Wyckoff Update (See description for Redistribution ideaUpdate on my last Wyckoff Post I have linked below, we are still floating above the Weekly Support (Green) area but underneath Tesla average buy price. Failure to stay above 35800 is a Sign of weakness for me in the short term. Also there's a clear Bear Flag structure there. This is my rough plan for now I am hedge short but looking for another sound long term entry to ride the PRIMARY TREND which is bullish. If the Wyckoff "SPRING" is failing or a deeper spring then the next logical area for me is $MSTR MicroStrategy's average buy in price of $26080 per coin as a potential support area. Technically we could have a "Spring" type action even down at those areas and as long as we come back inside the trading range would be a valid Wyckoff Accumulation. My Wyckoff Accumulation Idea is linked below. Here is a potential Redistribution idea, note the clear formation of the Diagonal trading range. For the bulls to have a chance short term they need to reject this bear setup.. simple.
by Worth_The_Ri5k
3
XAU USD Potential LONG zone (read comments for in depth details)Hey Guys, looking at gold's most recent price action on the daily TF, we can see we have accumulated almost at the same level of a previous re-accumulation. in fact, in the current accumulation's spring, we cleared the lows of the previous re-accumulation zone. which is very interesting and nice to see. so now that price has accumulated, and made it clear that it took the lows and broke structure upward, we can now look for zones of interest to go long. Now for my zone of interest id like to play of the daily IC, and would like to see a smaller TF accumulation as we enter the zone of interest, if i dont get that accumulation in the zone of interest then i wont be going long. Here's some screen shots in the comments to show a bit more detail.
OANDA:XAUUSDLong
by Hammoud8721
4
Greatest Percent GAINER OVERBOUGHTAfter two great news, BLIN managed to run up to 10.41, making it an overbought stock. Jul-02-21 09:24AM Bridgeline Receives More than $2.5M in Warrant Exercises GlobeNewswire +56.00% Jul-01-21 09:00AM Bridgeline Partners Win More than 20 Site Search Licenses in its Third Quarter GlobeNewswire +33.72% This two news made possible this situation in which stocks are starting to be sold by demand. Looking at the chart, we can see how all highs where made with great volume, which is good but the corresponding candle didn't responded the same way, most of the time it closed in its third, showing how demand was getting out of the stock while it kept going up, We had another sign of weakness in the upward trend when the triangle that formed duting the spring in the supposed wyckoff's accumulation phase, didn't break with strength even though, prices kept mooving up but very timidly, until we had another spike, this time a hammer candlestick (a warning about a change) with the second greatest volume of the timeframe;; this time, the remaining demand got out of the stock, that maintained some momentum that made it break the resistance formed by great volume with no volume ( another sign of weakness) and the icing on the cake comes when we had a doji, reasuring the weakness and how little time the bullish trend has left. (We also have the three SMAs overextended, and prices very far from them). Surely the news made some great profits to the insiders, but the ones who came late are now out of the trend and should stay out until we have a few clear signs of strength. As we expect the stock price to come back, at least, to the lateral range limited by the blue support and resistance. I Hope You Have A Great Day!!
NASDAQ:BLINShort
by Fernando_132
Bitcoin Wyckoff Accumulation ConfirmationIn continuation of my previous idea. The PS in the formation was too low, possibly because of series of exchange crashes, which led to long trail of triggered stoplosses. That led that the whole structure was little misunderstood. Now we had a perfect spring and test exactly where I expected it, but quite later and now we are moving to phase D. There are no strong signs of strength on clusters, but we are smoothly moving up last days, crossing last day's resistance. At any moment bitcoin was looking weak: no signs of strong buyer interests, but now almost the whole formation is before our eyes. Lack of additional confirmations does not give me confidence, that we would go all the way up from this formation, since Bitcoin knows few cases, when price went down after exit from accumulation.
Long
by danfilatov
3
BTC Current Wyckoff SchematicAnalyses of Trading Ranges (Stockcharts.com) "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. Trading ranges (TRs) are places where the previous trend (up or down) has been halted and there is relative equilibrium between supply and demand. Institutions and other large professional interests prepare for their next bull (or bear) campaign as they accumulate (or distribute) shares within the TR. In both accumulation and distribution TRs, the Composite Man is actively buying and selling - the difference being that, 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." Source and more great basic intro information for Wyckoff Method: school.stockcharts.com While BTC Holds Above the Previous Tesla buy in area 34200 expeciting a push to 40k or further as a confirmation of Accumulation. The next confirmation of Wyckoff is a SOS ( Sign of Strength / Jump Across the creek) followed by LPS (Last Point of Support) to confirm the beginning of a move to Mark Up Phase. See schematic here for reference: ibb.co
Long
by Worth_The_Ri5k
6