Please leave a LIKE & Comment if you enjoy the analysis. The Wyckoff distribution pattern has a range between $4800 and $6800. According to the distribution, the price is currently in at the "Upthrust" point, since it has moved above the horizontal resistance level at $6800. This is the initial movement of phase "B". The expected future movement is a downward...
Phase B is the longest phase to build cause and effect. Too early to tell time and price will tell.
SPY "wrote" nice PS, let's see how it will create SC and AR. I think once it will be done, we will know that we are on accumulation phase. PS part is followed by downtrending volume.
NASDAQ:MDLZ AMEX:SPY MDLZ - on the weekly Chart there is very long Accumulation and looks like Re accumulation now for now i am waiting the Market will cool down from the Corona Virus and will see how the bounce in last week will affect for now to follow but it looks nice for big target thanks
NASDAQ:DOCU AMEX:SPY DOCU - is stronger than Market and all last week down move didnt affect her on Worse Case looks like Accumulation and following to join once Market will calm down Friday end of day Stopping Action started in the market will follow to see whats happening and will benefit with the stock thanks
NYSE:TEVA AMEX:SPY Teva - looks like Accumulation and starting to rise before Earnings next week Teva have Good Sentiment after new product that gave company reason to be optimistic small Entry and Adding last week Target with P&F looks for 17.5 - 18 for now will follow Have A great Week
We've had the weekly distribution schematic happening perfectly so far, now marking this up again I'll like to see the 2nd LPSY be made for our 1000 pip entry move to the downside which adds confluence of our GBP based pairs heading to the upside long term heading into the first few months of 2020. From that point on I expect EUR to then start to rise begging a...
NYSE:STNG STNG - Accumulation Phase after Phase C and D Waiting for LPS and going up, believe it will be some Consolidation in the next few Days/Weeks and will wait for going up P&F target is approx 80 Waiting to see how will go Good Luck (not Recommendation)
Wyckoff developed a price action market theory which is still a leading principle in today's trading practice. The Wyckoff method states that the price cycle of a traded instrument consists of 4 stages – Accumulation, Markup, Distribution, and Mark Down. Two Rules of Richard Wyckoff The Wyckoff theory is based primarily on price action and the different cyclical...
Daily time frame giving us confirmation by using a wyckoff strategy, price currently is at the accumulation stage where it could possibly come down to the zone 1.83496, retest and make the full movement for the buy. Look for entries in the zone given. 1.83946 is a strong support zone since 18 oct 2018, where the price has respected that area and could possibly go long.
S&P Reaccumulation Counts
WYCKOFF ACCUMULATION / RE-ACCUMULATION / MARKUP. Annotations on chart.
Since the climactic action in Bitcoin in late June, price has entered a trading range and we have had the signs of Wyckoff distribution. We will need to see the confirmation of the weakness on the right hand side of the trading range. The characteristics of distribution and re-accumulation can be very similar. A buying climax followed by an automatic reaction and...
Looks like it is almost finished with the accumulation period and getting out of it. We have been accumulating for almost 6-7 months. And it seems like now it's time to fly. It making higher lows under resistance, and consistently making attempts to break 200 MA.
Guys any knowing better are we forming little uptrust on LTC chart here? #Wyckoff
BINANCE:RVNBTC Let's see if this plays out
Hi friends! Welcome to Poop's Wyckoff Analysis on Etherparty/$FUEL. We have seen a lot of whining about the market being manipulated when bitcoin printed a huge red candle recently which probably liquidated tones of longs. To be honest markets are indeed subjected to manipulation by huge players and crypto market is not an exemption to this. While big players do...