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1. Wyckoff Accumulation Schematic (Phase B) Phase A: This is the initial phase where preliminary support (PS), selling climax (SC), and automatic rally (AR) occur. In your chart, this is indicated by the initial sharp drop followed by the first corrective move upwards (AR). Phase B: This is the phase of accumulation, where the smart money starts accumulating...

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Overview The chart provided for the GBP/JPY currency pair on the 1-hour (1H) time frame incorporates a technical breakdown of price movements using Wyckoff Method, Elliott Wave Theory, Volume Profile, and macroeconomic indicators to outline expected market behavior for the coming week. The focus is on the ongoing distribution phase, indicating that a top has been...

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I. Technical Analysis Breakdown 1. Elliott Wave Theory Wave Count Summary: The chart shows the completion of Wave 5 based on the hourly time frame, confirming a bearish setup. Key invalidation point: On the 1H chart: 19,571.1, meaning a break below this will confirm the extended Wave C. On the 4H chart: 20,335.3, confirming a potential reversal if this level...

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The price range of interest is between $2,584 - $2,688, where key zones, patterns, and potential reversals are likely to occur. Wyckoff Distribution Phase: The chart follows the Wyckoff Distribution schematic, and it appears the market is in Phase B, nearing the Last Point of Supply (LPSY), where institutional traders distribute their positions. Preliminary...

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Current Market Conditions: The AUDUSD pair is in the midst of an impulsive bullish wave structure, currently in the corrective Wave (4) phase. The market is trading within a well-defined upward trend channel, with a clear sequence of higher highs and higher lows. Key Technical Levels: Support: The primary support is located at 0.6765, which corresponds to the...

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Key Terminology & Concepts Wyckoff Method: A technical analysis method that breaks down market behavior into phases of accumulation, distribution, and the price cycles within them. In this case, the focus is on accumulation and last point of support (LPS). Elliott Wave Theory: A concept used to identify market cycles in the form of five waves in impulse movements...

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Analysis Breakdown Elliott Wave Structure The chart shows a complete 5-wave impulse that started around the 178.375 level and extended upwards near 197.58, where Wave 5 is approaching its end. The following breakdown highlights each significant movement: Wave 1 (Red) initiated from the low at 178.375 and set the foundation for the upward impulse, followed by Wave...

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Key Elements in the Analysis Wyckoff Distribution: The chart follows a Wyckoff Distribution schematic, with clear delineation between Phase A, Phase B, and Phase C. Elliot Wave Count: Multiple wave structures are mapped, detailing the various impulse and corrective waves (labelled from (i), (ii), (iii), (iv), (v)). Volume Profile: The Volume Profile on the left...

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1. Wyckoff Accumulation & Distribution Phases: This chart heavily applies Wyckoff's methodology, which is built on the phases of market accumulation and distribution. The schematic is drawn to reflect the following phases: Phase A marks the preliminary support (PSY) and automatic rally (AR), where initial buying pressure emerges after a prolonged downtrend,...

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Overview This chart represents the GBP/JPY pair on a 1-hour (1H) time frame with a complex overlay of technical analysis frameworks, most notably a combination of Wyckoff Distribution and Elliott Wave Theory. The chart is densely marked with key points that suggest the presence of a distribution phase, with an expected price decline over the next two weeks based...

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Overview of Current Market Structure: Wyckoff Distribution The chart illustrates a classic Wyckoff Distribution schematic, broken down into several phases (A, B, C, etc.), with price action showing signs of exhaustion at the top and the transition into a bearish move. This pattern suggests a re-accumulation of selling pressure, hinting at an impending markdown...

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1. Wyckoff Distribution: Understanding the Phases The Wyckoff Distribution model is essential for spotting market reversals. Here's a phase-by-phase breakdown of what's happening on the chart: Phase A: Initial Consolidation Preliminary Supply (PSY): The first sign that sellers are entering the market. A noticeable rally is slowing down, and buying momentum is...

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1. Market Structure Overview The market appears to be in a Wyckoff Distribution Phase, as evidenced by the formations of UT (Upthrust) and UTAD (Upthrust After Distribution). This suggests a shift from accumulation to distribution, where large institutional players are offloading positions. LPSY (Last Point of Supply): The market has already completed a major...

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1. Wyckoff Methodology: Distribution Phase PSY (Preliminary Supply): The chart starts with a bullish trend around 188.000, indicating strong buying demand. However, the PSY suggests that large traders are starting to take profits. BC (Buying Climax): The BC is a significant high around 192.303. This price level represents the peak of buying pressure, where sellers...

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Wyckoff Distribution Breakdown The Wyckoff Distribution pattern suggests that a market has reached a point of exhaustion in its bullish run, and large institutional traders are slowly offloading their positions. This process occurs in multiple phases, each representing distinct market activity. Here’s how it applies to the NAS100. Phase A: Preliminary Supply...

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Wyckoff Distribution and UTAD Confirmation The current chart appears to be in a distribution phase, particularly characterized by a Wyckoff UTAD (Upthrust After Distribution). This phase signals a potential shift from bullish to bearish sentiment after a sustained upward trend. The following key phases and elements from the Wyckoff methodology are...

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The updated chart for XAUUSD (Gold/USD pair) on the 1-hour timeframe provides an in-depth analysis using a combination of Wyckoff Distribution, Elliott Wave Theory, and Fibonacci retracement levels to project future price movements. The integration of these methodologies indicates a bearish market outlook, with the potential for further downside as the market...

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Market Context: The bearish trend has been established with the clear formation of a Bearish Order Block at the top left, and price has respected this level, indicating a continuation of the downtrend. The market has created a structure that suggests potential accumulation. Wyckoff Accumulation Phases: The chart is segmented into Wyckoff accumulation phases,...