Lower timeframes don't look quite as similar, unless you look at the 2h TF. The daily here has some striking resemblances though. I am bullish on Bitcoin here, but I like to consider alternatives, and there could be a pretty decent case made that Bitcoin is about to enter Phase E of distribution and make a strong move down.
Distribution Schematics ---> valid from Daily to 15 min TIMEFRAME. I wait for manipulation of HIGH since it has a valid structure on daily TF followed by IMB from 1h to 15min . After manipulations of High , It tap into the IMB then continue going lower. RR: 1:14 a great trade to end the week . See attached chart for more detailed entry and setup.
wyckoff distribution at HTF waiting for london open and manipulations. after that---> entry at 15min IC with validity of structure. (detailed text in the chart) RR: 1:5 ( intra day entry)
SPY potentially could be in the beginning stages of a Wyckoff Distribution phase. Predicting price to gravitate between golden Fib zone for the UT & eventual UTAD before price falls in line with trend line ~320-330
If we want to check based on Wykov's analytical method, this area is very important, in case of an upward break, one can witness a corrective movement in one of the two red lines and wait for an entry for lower targets in the BU area.
If we want to check based on Vaykoff's analytical method, this area is very important, in case of an upward break, one can witness a corrective movement in one of the three red lines, and in the B area, entry for higher goals can be expected.
Based on an adjusted Wyckoff Distribution schematic and a simple Supply ad Demand overview, the observation that the GBPUSD has reached a temporary climax can be considered. We've recently seen a correction to the main impulse made on the 15th of June, mitigating any form of imbalance. This balances out the forces of supply & demand, of which, now the declining...
distribution schematics seen on 1h . after london session clear manipulation---> i wait for BOS before entry at the mitigation of previous supply. RR: 1:6. Check the chart for label and study purposes .
GBPUSD - Sell side structure (introducing supply and manipulating highs) i wait for validity of distribution (1h---4H---daily TF) after that---> checking of london session for manipulation observing a BOS at 5min and 15 min structure points. a clear rejection of OB at 5min chart (look at the reference drawing) entry at 5min and targeting 1H demand zone....
a clear bearish structure from daily and 4h. --> checking of IC in lower tf. ( 2h ) validity on 1h-30min- 15min-5min- TF entry at 2h IC with 1:15. RR wyckoff distribution schematics
1st - Bearish Divergence: RSI & MFI on 1D & 1W chart 2nd - Wyckoff Method: Distribution TR phase C (UTAD TEST) more pronounced in the 4&1H charts. Analysis: There seems to be weakness in the stock, and despite the recent highs and uptick in volume the exhaustion can be seen per the TA presented. BUT REMEMBER, the AI craze is still on going and this could be...
valid 15 minute distribution along with bearish market structure coming from 4h and daily (SCHEMATICS) drop base drop. RR: 1:20 --->targeting daily demand (you can check your own charts for validity ) --> Institution candle seen on higher tf. -wyckoff schematics on lower and higher tf. Note: you can check the charts for your own interpretation .
Expected Path (solid black): - Drop to 396-401 by May 5th (this would mean a very bearish upcoming week - has the setup if SPY stays under 418, I'm seeing gap down next Monday and then sell off) - Then bounce to test 408-412 by May 12th; if rejected under 412 then it will continue back down to 388-393 range by end of May Most Bearish path - solid pink (head and...
This idea is based on Wyckoff's method for determining price objectives using the Point & Figure count of distribution ranges. We can a distribution ranges following schematic 2 for Wyckoff's distribution. If we take count the ranges separately, this yields a potential reversal zone between 118.50 and 94.50 dollar per share. Personally I am intend to buy if...
This idea is based on Wyckoff's method for determining price objectives using the Point & Figure count of distribution ranges. We can see multiple distribution ranges following both schematic 1 and schematic 2 for Wyckoff's distribution. If we take count the ranges separately, this yields a potential reversal zone between 105.5 and 84.50 dollar per share. All...
This idea is based on Wyckoff's method for determining price objectives using the Point & Figure count of the distribution ranges. We can see a complex distribution range existing of 2 different types of distribution patterns at the top. The yellow range is based on Wyckoff's distribution schematic 1 and the white range is showing a type 2 distribution...
GBPUSD - SHORT trade last june 2023 AIMING for swing position . distribution schematics trade with validity again. -Wyckoff distro correlation with daily IMB and 4h structure. RR: 1:7 Ongoing move
MSTR is in a volatile distribution phase, breakdown below 290 Initial target 245 by 6/16/2023 Could get as low as 160s by end of June