


A study of Wyckoff Accumulation Schematic #1 and comparison to previous distribution. It is possible that we have entered Phase D of a Wyckoff accumulation - an upthrust following a successful test of the spring from 28.7k (confirmed higher low on lower volume). We may now look for signs of an LPS/BU. The current move from the test somewhat mirrors 14th - 18th...
Potential cup & handle being seen on the 1D chart, conforming to traditional duration standard as per Bulkowski definition. thepatternsite.com Not expecting an imminent breakout with the current state of world markets but the pattern is visible. BTC had a marvelous run up to here post-Wolfe wave breakout, which reached its target. Technicals RSI trending...
We have managed to break the PS-AR range and are showing signs of a potential SOS before a mark up. Volume has slowly been increasing on the advance, and now we are prepped to put in another LPS on diminished volume, as per the schematic. RSI is steadily trending in the bullish control zone. Given the nature of this price action, we could be seeing a quick...
This quick study is about trend , momentum & volatility at the current price. There are similarities to the current & previous price action and indicator values shown on the left hand side of the chart. Left hand side: We see a sine-wave like accumulation then distribution followed by a strong rally. Alongside price, you see RSI peeling off from 50 around...
There is reason to believe we may be in super-millennium wave 5, and are prepping for millennium wave 3. Price is currently holding this high volume profile area and bouncing off the channel median. Volatility indicator at the lows while price is making higher lows and is now slowly growing. Hidden bullish divergence is visible on 1D RSI. Measured price target...
Flag characteristics: The flag is currently longer than the traditional 3 weeks however this market is open 24/7, therefore I have factored weekends into the timeframe of the pattern, making this one still inside the limit. This is more likely a flag than a channel as the run up previous was steep/quick and could be considered a flagpole. Price has mostly...
Gathering thoughts for future reference. I have noticed very similar behaviour on these two assets. NKN looks to be having a similar run to RALLY soon, as we see volume increasing upon reaching the previous spike high. Volatility is also increasing as we come into the high. RSI heavily trending in bullish control zone. Looking for an explosive 24-48 hour move...
Just like the Vengaboys said.... Sending it since 1997. Not trading advice. This is artwork.
Potential ascending triangle visible on the 1D chart. Confirmation as per Bulkowski is 3 touches of one trendline, and 2 of the other - we are 1 touch away. Volume is also trending downwards, consistent with the pattern. Measured price target is ~28.7% (~$682). Average rise for this pattern is 43%. Breaks upwards 63% of the time. Breakdown of lower trendline...
Technicals: Heavy accumulation inside the range, shown by VPVR - with a strong profile at support/creek. Each touch of the creek spiked in volume. Volume is continually growing on this current upwards push since mid July. Descending triangle broke upwards. Double bullish divergence on RSI. RSI is trending in the bullish control zone, with possibility of...
Not a particularly well performing chart pattern as per Bulkowski, but it is there. Saving this for future reference. Bearish divergence is visible on 1D TF, but only confirmed once a lower low is shown. Also monitoring this area of interest (grey box) - support here could continue onwards to the PRZ of the harmonic mapped in the previous DXY idea.
Harmonic butterfly from a 1D view. 1D/3D showing closure above previous high for a HH.
Tracking seasonal flows. Short 110.100 upon breakdown of daily S1. DXY is looking like it may put in a local top here, aiding this trade. This setup is very similar to last summer as seen to the left, only appearing a little later than usual. Technicals: Made lower lows and highs. Wedge broken downwards. 8/21 EMA's moving down after successfully holding...
This AOI shown has proven to be a near-term dictator of direction in recent years, with clear demand (2015-2017), two flips of supply/demand (2017-2018) and once again a flip and current retest of supply. In 2015-2017, this area provided demand multiple times before reaching decade highs of ~100.xxx and then at 103.xxx to print a HH. In 2018, 30th April weekly...
Interference of motive waves + swing fib levels. Time/price range of previous retrace laid for further observation. Note 11th & 22nd January candles held huge buy volume. Would be expecting something similar when watching for a reversal candle.
That time of the year again - tax! Watching for very high volume candle to mark a reversal. Vertical date line notes end of correction conforming to last year's movement. Can clearly see this second daily bar down has made a lower low on low volume, so it's possible we still have some way to go.
Potential fib interference above if we break upwards