Shakeout Absorption Confirmative Comeback to the zone Stop loss below support area Take Profit on the other edge 3.63 r/r
December 2021 seems to be the end of this long lasting bull market.Markets affected by the inflationary easing policies followed by the FED, going back to the end of the subprime mortgage crisis, were blooming. The rise of the NASDAQ100 is only an example of what happened due to boosting culture adopted by FED. This brings us to now. What US is facing is the...
Entry: 1/3 of total position size on market price (pullback) 1/3 slightly above the 15m Wyckoff Support line (last point of supply after sign of weakness) 1/3 with the confirmation breaking swing low (continuation) Stop Loss: Slightly above Buying Climax Targets: 1)1257 2)1160 3)1016
This analysis is based on the scenario that we are about to complete the schematic with a following rally. A possible position can be placed like: -50% of total position size on the LPS after we have seen some Sign Of Strength. -50% of total position size on the LPS after we have seen the Sign Of strength of the smaller area. (something more that...
This is one idea on US100 Reversal on the Resistance line with scaling entry. Zone seems like this: Entries with 1/4 of total amount risked on after confirmation of: 1)Range resistance retest. (12531.4) 2)Smaller negotiation area resistance retest. (12395.6) 3)Breaking of smaller negotiation area support. (12332.5) 4)Breaking of the Sign of Weakness of...
My position based on the re-accumulation schematic it the following: 3 entries 1/3 of the total risk amount on the breakout. (1629.12) 1/3 of the total risk amount after the retest will be confirmed. (waiting) In this case I must comment that the flag existing right not is not the one that will give the confirmation, but a pull back done from further away will...
Wyckoff Schematic spotted on 5m while we are waiting the interest rates to be released in less than an hour. Since we got the SOW the position can be placed on the LPSY that follows after the confirmation. I am in this position already from the visit to the bottom line with 50% of my total position size. Stop Loss above the AR point. Target on the 30m bottom...
The Schematic may turn to an Accumulative one. We will further wait for the confirmation with some LPS still the strong comeback from a "breakout" seems like the return from a spring event.
A simple analysis that matches our yesterday view about Shorting the ETH. We are now waiting for the breaking of the support line and the pullback, but everything seem to fit. A shakeout with a good volume is there and the possibility of seeing the schematic completing is high. Updates will take place until we reach to a position call. Our idea fits nice with the...
This is the way that keeps up with the Distribution chance. Things are still running on Phase B and we are waiting for further information to favour between Accumulation and Distribution. A breakout and its evaluation will make our final decision.
After testing the edge and making the bounce back to the top this analysis is favouring the bullish scenario. Volumes are confirmative and a Breakout with a successful pullback will definitely add to the Long scenario.
A simple Wyckoff pattern on ETH/USD and may provide some value. The aggressive breaking of the bottom edge will provide a clue about the side we will favour and the latter pullback will lock our thought in. Even though our for now analysis is favouring short position the pullback will define our mind, as a strong pullback can turn things bullish making the...