LINK has been re-accumulating since BTC profit taking event on FB 22nd. Steady accumulation, broken out of its local resistance and is now forming a macro accumulative structure above its trading range with exhausting supply forming higher lows. Looking to see a break of regional resistance soon, continuation expected.
SXP has been in an accumulation range for a while now. Recently broke out of its range and is now forming an upward re-accumulation structure. Bullish sentiment here, POE's should have been taken before leaving the old range although some aggressive 4 hour demand bars on high volume could be a possible POE moving forward. I expect continuation from this pattern...
Despite the correction of the technology sector, the banking stocks in Malaysia are gaining strength thanks to the rising treasury yields. In fact, these 4 bank stocks MYX:CIMB , MYX:KENANGA , MYX:RHBBANK and MYX:PBBANK are poised to breakout from the accumulation structure. Find out how to benefit from these outperforming stocks by trading at the key...
SAVE > Buy > On this price break Phase C LPS Wyckoff accumulation. > Stocks change the slope of the price frame. Run up top! > Buy follows a trend on this price. > Risk/Reward Ratio: 3.07
NCLH > Buy > On this price break Phase C LPS Wyckoff accumulation. > Buy follows a trend on this price. > Risk/Reward Ratio: 3.42
MINT-W6 > Buy > On this price break Phase C LPS Wyckoff accumulation. > Buy Follows for Break Out! > Risk/Reward Ratio: XXX
TEVA > Buy > Yesterday, the price fell on the accumulated VPVR price frame contracted 10 Month Wyckoff accumulation. > May be this is Phase C or D LPS Wyckoff > Interesting to try and buy at this price. > Risk/Reward Ratio: 6.82
PLAY > Buy > On this price break Phase C LPS Wyckoff accumulation. > Stocks change the slope of the price frame. Run up top! > Buy follows a trend on this price. > Risk/Reward Ratio: 2.04
Here we are finishing complex pullback into the previous Source of Institutional orders.. Daily, 4 hour and 1 hour are all bullish... unless we break that bottom red circle.. We just faked out cleared liquidity from the bottom ( wyckoff accumulation on 5min, and shot up breaking the range,I would really have loved if we broke 15 min structure but it is what it is)...
ADAUSDT has been forming a Wychoff distribution pattern, this resulted in a bearish push lower, but price has been snapped up. The recovery has resulted in the price action "jumping the creek" of the downtrend and is starting to form up as a bump and run bottom on the 1h timeframe. Target for this play is the top of the previous trading range, where the Wychoff...