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Wyckofftheory

$BTC 4hr - Re-distribution possible$BTC Following on from an earlier post, here is a closer up of the possible case for re-distribution. We can see from this that if this is correct then we are most likely right in the middle of the downside and are almost definitely going to see more downside. This is obviously also possible given the amount of financial unrest we are seeing in other markets primarily because of the China situation. If this is to be true, then the chances that we will adhere to Plan B's theory that we would be at $43500 at the end of September are slim in comparison to the possibilities of re-accumulation that we have suggested in our posts that explore this. Strangely, the previous candles do appear to correspond to both the re-distribution and the re-accumulation theories so time will tell and probably pretty rapidly as this is playing out through the 4hr timeframe as opposed to the Wyckoff distribution phase that first took place that was staged through the longer daily timeframe. Trade safely guys and make sure to stay aware of these two distinct possibilities! PumpeyeTheTraderMan & Crypto Society
by BiloCrypto
1
USDCAD MAJOR RE-ACCUMULATIONHello my fellow traders. I hope you have been having a good time with the charts I have been onto UCAD since the beginning of its markup phase and have kept you updated on my views. If am not wrong, This pair is cooking something up. Institutions are re-accumulating their orders and I might have sniffed them out. Possibly we might see a reaccumulation with a spring unfold. This provides us with more opportunities to stack our orders with the whales.. Its still too early to tell but as we wait lets see whats in store for us
Long
by hakeemb
USDCAD RE-ACCUMULATIONo Last week I thought price would go down and fill the imbalance left but boy was I wrong. Far from speculation I have concrete evidence that usdcad will not see a new low form coupled up with a very nice narrative for the pair. So here we go: We saw usdcad complete the accumulation phase after taking out all liquidity below. What follows next in the wycoff cycle is a series of reaccumulations and the first one has just being completed After showing a sign of strength, the pair closed at a 4HR institutional candle where they have their buy orders. i.e Not expecting price to go below that candle For a low risk set up I would look for a wycoff accumulation in the lower time frame next week. Beware of high impact news on wednesday and friday that affect the pair. A spring is most likely to happen on friday but I would rathher wait for price to show me its hand. Find previuos analysis atached below,
Long
by hakeemb
4
EURGBP UNPOPULAR OPINIONDISTRIBUTION INSIDE AN ACCUMULATION I cannot tell you guys in full totality that this schematic is right for sure, it is just an anticipation of the many possibilities offered by the market. Overall bias is shorts till they sweep the liquidity below. Interms of intraday perspective I think price will continue down and reverse at 0.8500 zone in preparation of a lpsy. Enter shorts if and only if price shows signs of a distribution to go lower at the first lpsy.
Short
by hakeemb