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Wyckoffmethod

What is the Wyckoff MethodPhase A. Stopping the previous bearish trend. • PS. Preliminary Support. It's the first attempt to stop the downward movement that will always fail. • SC. Selling Climax. Climate action that stops the downward movement. • AR. Automatic Rally. Bullish reaction. An upward movement that sets the maximum range. • ST. Secondary Test. Test of the level of supply in relation to climate action. Establishes the end of Phase A and the beginning of Phase B. Phase B. Construction of the cause. • UA. Upthrust Action. Temporary breakout of the resistance and re-entry into the range. This is a test at the maximum generated by the AR. • ST as SOW. Secondary Test as Sign Of Weakness Sample of weakness in test function. Temporary break of the support and re-entry to the range. This is a test at the minimum generated by the SC. Phase C. Test • SP Spring. It is a test in the form of breakout of the minimums of Phases A and B. There are three different types of Springs. • Test Spring. Downward movement towards lows of the range in order to check the commitment of the sellers. • LPS. Last Point of Support. Test in the form of a bearish movement that fails to reach the minimum range. • TSO. Terminal Shakeout or Shakeout. Abrupt movement of minimum breakout that produce a deep penetration of the level of support and a fast Phase D. Bullish trend within the range. • SOS. Sign of Strength. Bullish movement generated after the Phase C Test event that manages to reach the top of the range. Also called JAC. Jump Across the Creek. Creek jump. • LPS. Last Point of Support. These are the rising troughs we find in the upward movement towards resistance. • BU. Back Up. This is the last big reaction before the bull market starts. Also called BUEC. Back Up to the Edge of the Creek. Back to the creek Phase E. Bullish trend out of range. •Succession of SOS and LPS generating a dynamic of rising highs and lows.
by FXMHDH
BTCUSD my TA is my opinion, based on my study of wyck, vsa and price action, and definitely not trading advice. please dyor hey all so the range that btc is in right now appears to be accumulation, because 1. we're coming off a huge drop and 2. all or most of the big volume is in the lows, of this current range, looking back, B looks to be at identical re accumulation levels, that we saw at the begin of 2021/(demand zone) imho b will drop to 27,000 levels slightly lower than the drop at the beginning of the yr because we are coming off that huge 50% drop and hungry bears will get pulled in, thinking we're going to to the popular/fundamental call of 20k, which in my humble opinion, 20k is bear bait and whales will use it to trap bears before btc boosts off the incoming "spring" at 27k levels, watch for a high volume break below range, followed by a high volume bullish reaction. gl to all frbIII
COINBASE:BTCUSDLong
by freddy_ray_brown_III
3
Potential Further Upside for ThaiBevPrice broke out of its re-accumulation zone that started since early Sept, it continued to mark up with Bullish character (Rally with increased volume and react with low volume). Supporting the market are Relative strength showing outperformance against the market and technical indicator MACD displaying positive momentum. 1st target level will be at S$0.95 resistance. Stop price at 10D SMA (10 days simple moving average) Disclaimer applies.
SGX:Y92Long
by Brandon_Leu
BTC in Re-Accumulation RangeRichard Wyckoff Method is a comprehensive market analysis technique that consist of laws, market structure (Cycle) principles and trading approach. There are many technique and strategies that track and analyse trends but few analyse the range itself that produce the trend. Coupled with the core principle of Supply and Demand. BTC showed that Supply has weaken and Demand gaining strength, in line with our Fund Flow indicator (FFI) observations. After testing supply in phase C, we expect demand to continue building up from here and enter in Phase D, where we are likely to see a breakout of the range, 10,000 as breakout level (Creek). Despite strength in demand, we continue to be open-minded and watch for any sign of supply. Cheers.
BITFINEX:BTCUSDLong
by Brandon_Leu
1
Further Bullish Expectations for BTCThere are many techniques written on price action (price and volume analysis). Wyckoff Method is one of techniques that relates price action with demand and supply. New to TA trades may be shaken out of the trade after observing the wide red sell off candle (or bar), bearish engulfing pattern. However, Wyckoff principles denotes the action as bullish. Compared to the previous wide green candle, where he volume is large but the red wide sell off volume is about just half which translate to weak supply. Thus, despite BTC is currently trading in range, demand and supply continue to suggest Demand > Supply. Expectations remains on the upside. But as Wyckoff traders, we are always on the alert for any incoming supply. 10,500 is our downside pivot. Cheers.
BITSTAMP:BTCUSDLong
by Brandon_Leu
3
Expecting Further UpsideExpecting further upside after Tencent leaves Re-accumulation Phase (Trading Range) possibility entering in Mark Up Phase. Over the Re-accumulation range, stock showed the transition from supply dominated action to weakening of supply to demand dominated action. Stock is trading relatively stronger than the broad market (RS above zero), indicating strength in demand for the stock. Price trading below $550 level will falsify the Mark Up Phase analysis and stock will reenter trading range.
HKEX:700Long
by Brandon_Leu
HD MACD Divergence play + they bought a BOAT!White is the preleminary key code I made - Most probable because Price action has bounced off the 20 EMA at the current price level. Blue is a more recent and aggressive key code. Orange is litterally the move right behind the current one. If you follow any of the videos I make I talk about my millionaire mentors setup for Divergence plays. You will notice about the time all the option chains end I tend to make a video about a divergence play. Because, when all else fails, finding thorough bred stocks like HD, GS, RRR, ACM that only move across the top of the Bollinger Bands on the Daily , when combined with a dip down to the bottom BB creates a Divergence almost every time. These Divergence plays are the strongest plays and have a high success rate. the trick to them is giving them enough time to pan out. 32 Days is the avg amount of candles it takes to finish a complete move from one BollingerBand to the next. That said HD is creating a huge divergence play. Setting up for perfect timing as they just had to adjust all their profit expectations all the way through 2022! Demand and backorders for product is so high for Home depot they had to buy not rent, not secure a larger portion of cargo containers on a boat.....But buy an entire Cargo Freight Liner to go and pick up all the product they need for their stores so that they dont have to continue capping the amount of product to each store to sell. Just so every store gets a chance to sell the product. The next 1.5 years for Home depot is going to be another major Growth Period for them. Between them and Lowes they command 30% of a sector for Home improvements which is nearly 800billion dollar industry to date. Which is said to become a $1 Trillion Dollar industry by 2022! Its all because americans love to spend money on fixing their houses. Covid made them stay in their homes and actually spend time looking at everything that needed or could be upgraded. With Free Time and Money in form of Stimulus Checks, guess where they spent both. Now that restrictions have been lifted and people are getting back to normal work conditions spending in these areas are said to increase and continue to grow as new living conditions and habits have been made. People will go out and reintegrate themselves with society but a even stronger devotion to home has been made. Thats all I have , happy trading and pls comment , like, subscribe as its the only way I know you actually enjoy charts like this. Thank you, by iCantw84it 06.16.2021
NYSE:HDLong
by iCantw84it
Wish it is not trueHey everybody! i liked wish before it became a mainstream on the wallstreetbets forums and now i have some warning points i would like to share with you: 1. The company is doing insanely big volumes vs it's market cap & 2. All retail investors have an eye on it ( bad sign for me) 3. Possible distribution on the 5 and 15 minutes chart? please have a look i would really like your feedback *I still consider wish a cheap stock at the moment and a move close to the IPO price over the next 3-9 months seems right to me. However with the attention it got from the reddit forum i believe it will accumulate between $9-12 for quite some time, maybe till the next earnings report... retail investors will get bored/tired and eventually exit their positions and then the stock can move higher.
W
by Philoslother
8
ACM Divergence play could be stronger than the HD play!ACM or AECOM infrastructure and construction has just signed a deal to build infrastructure in the middle east. These guys are global! They already do a ton of business for our govt. If you havent looked at them before. Pull up a Daily chart and look at the run ups. This pulls a divergence using a macd on settings of 8-13-5. This is the setup Richard my millionaire mentor gave me. Everytime this stock drops down like this it immediately gaps up and runs to the last previous high and then repeats the move at about a 65% retracement bounce each time. Usually takes about a month to complete the move. SO give yourself sometime. I also used the keycode to track the most liklely path based on previous moves doing the same thing. by iCantw84it 06.15.2021
NYSE:ACMLong
by iCantw84it
HD Divergence play with KeyCode Paths + they just bought a SHIPMy millionaire Mentor Richard taught me his divergence play set up and said if HD ever comes down start looking for Divergence.... So here we are. We have Divergence and Keycode is set to a strong play in the past where price action is contained inside of it at at least 95% or better. I made a key code of the price action then found an exact match to this move in the past.... one that matched at lease 95% or better. That way if the move is that close to the same shape we have now it must mean the sentiment of the market was the same at that time. Therefore, the outcome should be the same coming out of the move. I then used PTP which is Past Trend Prediction by tracing the trend it made after this move in the past and projecting it forward on to the current move. Then I took the same move on the Daily which is a different Time frame then the first..and found the same move with out a key and traced its path and projected it forward as well. Sometimes I use about 5 other Price Action tricks I have have developed over the last 10 months or chart out the Curve and what Stage it is in. The Curve is my own brain child and I compare that to Wycoff method. Taking all of these into account You have several different approaches to confirming direction and intent of the institutional buyers and where Retail resides during this move. If you would like to have more information or videos on Any of the ways I chart pls comment below. Like, follow, Subscribe...share. Thank you, iCantw84it 06.15.2021
NYSE:HDLong
by iCantw84it
2
Decisive Bullish Signal on USDCAD As was projected by our last analysis of the USDCAD (link below), the price established a throwback to the upper boundary of the Accumulation at 1.21350. The subsequent rebound from it confirmed the new uptrend. The price is thus extremely likely to continue rising. This is further supported by the current reading of the MACD indicator. Therefore, the SL can be moved higher (just below 1.21350). The first TP remains the same - the minor resistance at 1.22700.
Long
by Trendsharks
SPY I spy a New High for SPY I made a key code of the price action then found an exact match to this move in the past.... one that matched at lease 95% or better. That way if the move is that close to the same shape we have now it must mean the sentiment of the market was the same at that time. Therefore, the outcome should be the same coming out of the move. I then used PTP which is Past Trend Prediction by tracing the trend it made after this move in the past and projecting it forward on to the current move. Then I took the same move on the Daily which is a different Time frame then the first..and found the same move with out a key and traced its path and projected it forward as well. Sometimes I use about 5 other Price Action tricks I have have developed over the last 10 months or chart out the Curve and what Stage it is in. The Curve is my own brain child and I compare that to Wycoff method. Taking all of these into account You have several different approaches to confirming direction and intent of the institutional buyers and where Retail resides during this move. If you would like to have more information or videos on Any of the ways I chart pls comment below. Like, follow, Subscribe...share. Thank you, iCantw84it 06.14.2021
AMEX:SPYLong
by iCantw84it
GBPUSD's Bearish Bias Growing Ahead of FED's Meeting The current ranging environment is demonstrated by the ADX indicator, which has been threading below the 25-point benchmark since the 24th of May. The development of a descending channel elucidates the gradual transition from one market stage into another. The recent reversal from the channel's upper boundary, which also represented a reversal from the 100-day MA (in blue) and the major resistance level at 1.41800, highlights the strengthening bearish bias in the short term. The price action is testing the 200-day MA (in orange) for a second time while also consolidating below the 23.6 per cent Fibonacci retracement level at 1.41114. This represents the aforementioned preliminary stage in the development of a new markdown. The next major target is underpinned by the 38.2 per cent Fibonacci retracement level at 1.40291, which is currently coinciding with the channel's lower boundary. If the price does not rebound from the two, the downtrend can be extended lower and towards the major support level at 1.40000. In addition to its psychological significance (elucidated by the two rebounds in the past), this level also converges with the 300-day MA (purple). Hence, bears should eye the range between 1.40000 and 1.40291 as the first threshold in the development of a new broad downtrend.
Short
by Trendsharks
Potential ReAccumilation to the upsideSQ at first looked like a distribution but the Apr 13th high never went above the previous high on Feb 11th. I do see a potential false 1st spring on march 4th to the upside which didnt play out but there is another potential spring to the upside on may 19th that is slightly lower than the march 4th 'Spring" . I cant post a pic on here but if anyone else is looking at this let me know what ya think. Possibly this week we will get a better picture of the puzzle <3
S
by MailBoxSteve
1
USDCAD Developing a New Uptrend Last week, the USDCAD was finally able to break out above the upper boundary of a massive Accumulation range. This happened after a prolonged period of consolidation above the 100-day MA (in blue), underpinning the steadily rising bullish bias. The breakout above 1.21350 and the 200-day MA (in orange) implies that the USDCAD may finally commence establishing a new Markup. This transition from the preceding Accumulation into a new Markup occurs as per the expectations of the Wyckoff theory. The price may yet drop to the upper end of the Accumulation from above before rebounding and continuing to head north. The first major target for the new uptrend is underscored by the 200-day MA (in green). This is the resistance at 1.22700.
Long
by Trendsharks