A) Max price with a lower volume than pandemic B) Break failed, volume decreasing post pandemic C) Another test to resistance should occur D) Walmart adjusting to reality E) Price should break the support with a big volume F) Final track to the next Support at 80-75
Hi Traders, Investors and Speculators of Charts📈📉 One of the most important parts of trading is following the macro phase and planning your trades. The only way to do this, is to pre-identify the macro market cycle that's currently playing out, as well as determine key zones of support and resistance. You do this by drawing up trend lines on the chart, from a...
Using Wyckoff concepts and Elliots. With Wyckoff, having another spring and liquidity grab is important, with Elliot, its can get to 50% fib and rally.
As you can see we are on phase B and C in the Wyckoff method on Gold right now, i think it will take a bit time to complete. ————————— The Wyckoff Method involves a five-step approach to stock selection and trade entry, which can be summarized as follows: 1. Determine the present position and probable future trend of the market. Is the market consolidating or...
USOIL break sideway move and now is ready for bulish action around 82$
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.
Okay traders hope you have a great weekend ! after a unusual drop in November price recovered very soon with a very good strength ! but it trapped in long term side way ! but its a good thing and why is that ! it shows us that the price does not want to see that lower prices anymore ! so the price tested the key level of the previous drop and ready to go up !
If you don't know I love BILI both as an anime company and because of its lovely predictable stock price movements.... I am not saying this can't revisit $8 like it did when I got in at $15 however, it glimpsed $8 and came back to profitable in about a week.... and I don't really do option calls for less time than that unless its a short. Bili had decent...
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...
This idea is based on Wyckoff's method. The Point & Figure count serves as a tool to determine target objectives based on the accumulation count in the base. All other info is on the chart. Good luck NQdecipher
This idea is based on Wyckoff's method. The Point $ Figure accumulation count serves as a way to determine the target objective based on the accumulation count in the base. All other information is in the chart. NQdecipher
As you can see Bitcoin is currently heading to the downside, which I believe will stop at the Fibonacci level. This is because if Bitcoin dumps to the Fibonacci level in the next few days, it will cause Bitcoin to temporary break the current trend. At which if Bitcoin bounces off the Fibonacci level, the spring action will be formed. And then from there I...
This Idea is part II to the previously published BABA idea using Wyckoff's accumulation method. This idea includes the identification of the different Wyckoff accumulation phases and the characteristic accompanying volume analysis. All information is on the chart! NQdecipher
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...
Right how it appears that Bitcoin may be rejecting off the top of the channel that it is stuck in. If it rejects, I believe that Bitcoin will fall to at least to the middle of the channel All comments will be appreciated.