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Wyckoffmethod

Pair correlation between DXY and GU, Possible DISTRIBUTION on GUI'm personally hoping to see, with DXY giving a potential for a short term sell-to-buy, that GU can go as far enough to take out those LR wicks, creating a UTA -as price wicked the whole body of the previous UT, one could say it broke PRICE structure, but since it didn't wick ABOVE the wicks which formed the UT, I'm waiting to see if price will cover that UT; as it IS called Wyckoff; and create a UTAD-. Looking for a short term buy, then a mid-term short IF the UTAD shows. DXY reference SHOWN BELOW (1HR): With DXY breaking 1HR structure, I'm personally standing by to see if Inst. order flow can begin taking price bullish, but with the higher TF outlook on DXY (4hr/D/M), I'd like to think otherwise.. lol. In need of some opinions! P.S Ignore my half level, Ik it's off
Short
by JaquiQuill
GU pushing for a UTAD?An update to my previous post. Hopeful about a possible UTAD forming, or even an LPSY if price decides to grow weak -especially with all the volume that's been coming in and the short consolidation phases in between those large moves-. I'm thinking either another, final, push to the upside which'll tackle those equal highs and LQ spots. Another thought: if price decides to give out, that -for me- will begin to confirm the start of an LPSY. Thought #1 seems the better option for me, as price on 30 and 15 have been forming LQ; just personally waiting for that take-out move to happen any time now or even London. 1HR and 4HR seem to show that price is beginning to exhaust, possibly to break to the upside for a buy-to-sell, or just start our down-side IPA fills. I'm personally looking for a short-term sell-to-buy. DXY REFERENCE:
Short
by JaquiQuill
1
Can we now be on an impulse kick in XLMUSDT DAILY?Technical analysis regarding the price of STELLAR in relation of dollar Tether for the next scenarios, based on 4 hour movement. disclaimer *** In accordance with CVM Instruction No. 598, of May 3, 2018, Art. 21, I declare that the recommendations of this analysis reflect solely and exclusively my personal opinions and perceptions and that they were prepared independently and autonomously. Not being considered a purchase and/or sale recommendation. ***
Long
by luizhcruz
5
AMC "spring" at the bottom has occurredIf you understand Wyckoff methodology, you can see the "spring" has occurred for AMC about a week ago. The high volume short candlestick, along with the gap up following the "spring" should be a good indicator of a move up about to happen soon. This is called "jumping the creek" according to Wyckoff. It's time to load up. Magenta line represents my call option strike price at $3.50, with the target of around $7 at the green line. If that green target is hit before my options expiration, I'm cashing out.
NYSE:AMCLong
by UnknownUnicorn10022610
Bitcoin : Signs of accumulation and more upside potentialThe Wyckoff Method is a study of how market makers and whale manipulate retail traders to get in, and out of large positions. It's something any serious trader MUST understand. You do not want to get caught in distribution, and you don't want miss out on accumulation or re accumulation. In this idea I am covering what seems to be a potential Wyckoff Reaccumulation phase on Bitcoin. What is a Reaccumulation? If you look at the idea linked below you can see the different phases of a market. There are 4 key phases in a Market Cycle: 1. Accumulation The heavy buying phase before the uptrend begins. 2. Mark Up/ Re accumulation (Current Phase on the chart) Mark Up is the uptrend, Re accumulation phases are sideways pauses in the uptrend where more buying occurs before continuation of trend. 3. Distribution The heavy selling phase before the downtrend begins. 4. Mark Down / Redistribution Mark Down is the downtrend, Re distrubution phases are sideways pauses in the downtrend where more selling occurs before continuation of trend. #2 is the current potential phase we are covering in this idea :) And as you can see in the image above, when the price was in a uptrend the Reaccumulation phases are marked in yellow. So a reaccumulation is basically when price of an asset is increasing in value, the market begins to move sideways with the direction up or down undecided, while this occurs a trading range is formed and many buyers are entering positions at the bottom of this range, reaccumulating for the next leg up. What is a Wyckoff Reaccumulation? This particular range described in the image with lettering is Wyckoff Schematic #2. The Wyckoff Method is a study of how market makers and whale manipulate retail traders to get in, and out of large positions. A Wyckoff Reaccumilation Schematic is basically a study on a advanced chart pattern whales and large size traders use to trick retail traders (mom & pop investors) into "PANIC SELLING" there asset or triggering stop losses under important support areas to generate the massive liquidity needed to fill large buy orders. They trick the traders and fill orders at the Shakeout and Spring areas. In the above image you can click the pins for a further explanation of each characteristic of the Wyckoff Range. So far Bitcoin is matching up quite well to this pattern, the PSY and Shakeout phases are quite obvious, not to mention that there is alot of Institutional Buying happening behind the scenes. It is likely this range breaks to the upside and we push towards the $45,000-$50,000 mark. If you visit: www.bybt.com You can see Grayscale Investments has added 26100 Bitcoin to its holdings this week, purchasing Bitcoin at a faster rate then it is produced, the rules of Supply and Demand tell us that when Demand outweighs the Supply of an asset, prices increase. Paired with the potential Wyckoff Reaccumilation range, if this pattern continues to form it will be a very strong sign higher prices are coming. If you found the idea informative you can show your support by Liking & Commenting! Thank you for reading :)
Long
by Worth_The_Ri5k
11