We could've expected the short term drop in prices according to where we are. Holding tight and waiting for December. Let's print the right shoulder to this massive inverse H&S. Quick breather - September is normally a down month, anyways...
Following the idea of the Wyckoff accumulation that has been discussed by trading community last month.
Now it looks like clear Wyckoff accumulation, we had the spring. We flipped the Q3 opening which was also the middle of the range (35.5K), retested it (at 36.5K when the price rallied to 40K then bounced on 36.5K, which is above the 35.5K middle of...
Hi!
As my first ever post on TW I would like to share an update to the prediction of the BTC price movement in the short-mid term using the wyckoff method.
At first I will be showing you a drawing of the current BTC graph with the wyckoff theory visualised on top.
Then I will show two images, At first, "The accumulation #1 schematic", followed by a list of terms...
REIT broke above its Key Resistance (Creek). Technically supported by outperformance against market index, increasing fund flow and Volume.
Using classical projection of 2 x Neckline less Range Low, we have a upside target of S$0.81.
Trading below S$0.50 will falsify analysis.
Last week, the USDCAD was finally able to break out above the upper boundary of a massive Accumulation range. This happened after a prolonged period of consolidation above the 100-day MA (in blue), underpinning the steadily rising bullish bias.
The breakout above 1.21350 and the 200-day MA (in orange) implies that the USDCAD may finally commence establishing a...
Had a very successful trading morning. Hope you'll did as well.
Price kept playing around my asian box before finally giving me the push down I needed.
When I previous marked up my chart it was around 1am est time. So my chart was done pretty early. Based off how the market moved and how late my move took place. I will wait till NY session to trade and to...
Good evening. This is my markup for us30.
Fun fact: Currently learning candle stick patterns. tonight homework assignment is to identify 3 of the candle stick patterns we went over today. We are having, what we call a 3 pair challenge. Where we markup 3 pairs. adding in the candle stick patterns was a added bonus. Let me know how the charts looks and give me...
Kinda seems like textbook Wyckoff Accumulation at this point. Nothing is guaranteed, but a markup phase should be just around the corner.
Also, Bollinger Band Width is extremely low, so there is definitely room for a lot of volatility - which could also be to the downside.
I'm bullish.
Hello new trader here working on my TA pls comment and leave feedback on how I can improve.
Looks like GBPNOK could be buying today or tomorrow. I don't usually trade 1H so we'll see how it goes, this is simply a trade idea not a signal but the highlighted buy zone would be the ideal place to get in on this move. If you get in nice and early you could be looking...
Hey guys hope you're doing well reading this.
Fib drawn between yearly high and lows - recent spike brought us up by roughly 400pips, we're currently seeing exhausted / rejection candles forming an arch shape, like an upside down "U" which is much clearer on the 4H chart. This is a less common trend reversal pattern, but we can put some faith in it as price is...
AFTER LEAVING MULTIPLE AREAS OF IMBALANCE ON ITS WAY TO CURRENT POSITON, PRICE ACTION HAS NOW CONTRIBUTED REBUILDING TOWARDS A BULLISH CORRECTION WITHIN THE PATTERNED SCHEMATIC OF A CONSISTENT 50% PULLBACK INITIATIVE, CURRENT PA(PRICE ACTION) SITTING IN A VERY HIGH AREA OF INTEREST HAS NOW INTICED A BUYING OPPORTUNITY AND WILL KEEP TRADERS EYES OPEN FOR ANY SIGN...
MU has reclaimed the high trend lines in the overall uptrend and price target projections are projected in price and period of time expected highs can be reached
Here we see a chance for equal highs followed by a highly potential shorting opportunity. Great P/L Ratio!
Do you like my chartings? I’d love to hear about it! Please feel free to contact me here with any questions. I am always here to help!
And as always, May the force be with you!
Furniture producer spring art, newly listed company since end of 2019. While newly listed means a new uncharted territory, Spring have so far shown a nice months of accumulation period between 175-255. There is a clear broadening triangle pattern depicting the accumulation process.
Assuming 275 is the creek, i have made the PnF TP calculation
PnF= 0.005x3x25
=...
![BTCUSDT: [WYCKOFF] Upside to BTC?](https://s3.tradingview.com/x/XK8Pwqhu_mid.png "[WYCKOFF] Upside to BTC?")
