ChartHouse_

ChartHouse_

We already tested the zone and gave reaction, now it's the truth time . we pass or we fail my SL is last point for SHOP to continue up trending, else we will be visiting lower areas TP 125 SL 47

ChartHouse_

based on Wyckoff we should reach the lower line now 3:1 trade

ChartHouse_

a retest have been made, expecting downtrend continuation with market open targeting 5490-5480 area. Look on the provided example from Wyckoff and current structure

ChartHouse_

I am bearish on market for now, expecting downtrend for now on NQ & ES . We are seeing wyckoff distribution

ChartHouse_

We can see WYCKOFF ACCUMULATION formed and finished, and now we are retesting on the upper line of the structure. it's a perfect entry opp according to Richard Wyckoff

ChartHouse_

My plan for NVDA i am going to long as i find it the right time to do so

ChartHouse_

Wyckoff accumulation getting confirmed with this support, After spring was done we are getting ST or a retest on the lower line-> from here we should see a new HOD in NVDA. In addition, BuyBack news is out so i don't see why we wouldn't be making HOD very soon

ChartHouse_

according to Wyckoff accumulation, we will be targeting 23-24$ worth the risk 1:2

ChartHouse_ Updated 

Wyckoff distribution pattern confirmed ! now we can short for w/l ratio of 2.2/1

ChartHouse_

failed to maintain the line after it dipped once ! the second dip it's over it's officially weak and we could short it

ChartHouse_

We are now in the last phase after testing the upper line. from here we should go up and reach 2387, but i am aiming for for 2368 that's would be 2.5:1 . today we got Powell speech at the open we will get a good violently to push the price and break the upper line.

ChartHouse_ Updated 

I am waiting for Gold to reach 2332-2334 area to short again, targeting 2318-2316 area. we got 2x-3x multiplier in this trade for loss/win rate, were we risk 5-6 points to gain 10-15 points!

ChartHouse_

Hello guys, please take a look at the chart at 4H and on DISTRIBUTION STRUCTURE by Wyckoff. you can notice the similarity. I think we are in the final stages of going down, we already reached MSOW so yesterday movement from interest rate was the last retest (LPSY) before the new low. Tell me what you think :)

ChartHouse_

I will waiting for 0.92-0.925 area to short the pair near the expected resistance at 0.925.

01:50

ChartHouse_ Updated 

In this video i will break down the chart support and resistance area and how can we read the chart correctly. if you like the video please support me , and for any further questions hit me up in the comments .

ChartHouse_ Updated 

A reversal in the making . reasons to take the trade reversal for long: 1)Uptrending 2)doji at 4H time frame + increase in volume 3) close to support at 1.368

ChartHouse_

I am still optimistic that we will see a reversal from here , the SPOT accumulation is still high showing us that most people that bought are still holding . As long as the SPOT line stays above the PERP line & the Bull Flag support not broken -> i am bullish .

ChartHouse_ Updated 

as we see in the chart , we are near the reversal area . if it breaks the support at 74.5 ~ -> get out . potential 30% profit in here . *Be aware that this week at 25/8 we got Powell speech which may effects the market direction . Not an financial advisor .