Kobayachi

Wyckoff accumulation and Phases

BITFINEX:BTCUSD   Bitcoin / U.S. Dollar
6285 views
32
6285 9

Comments

Pretty accurate !
+2 Reply
I really like your view on Wyckhoff in the grand timeframe. I think we also witnessed a Wyckhoff cycle on a smaller scale here:
+2 Reply
Continues to impress
+1 Reply
I’m really surprised by the amount of attention this TA is getting. I’ve been posting TA’s for years under a different account and I don’t think I ever had that many views.
+1 Reply
that one was right
Reply
Update can be found here:
Reply
not markdown phase?
Reply
Kobayachi dRends35
@dRends35,
Markdown phase is over. We are in the accumulation phase (either schematic #1 as depicted above or schematic #2). Secondary test (ST) has been confirmed. If downswings within the trading range gradually diminish from here, we should start a phase C.

I actually tend to think it’s going to be a schematic #2 and that we won’t have a shakeout because there are too many participants waiting to get in. There is a lot of institutional money lining up and making OTC deals at the moment. We will find out once they start actively participating in this market.

Also, things are moving much faster than I expected, phase C could be as soon as June-July.
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out