Oil 4hrs distribution schematics!Hello my beauties.
Usoil has created some clear distribution schematics targeting the low indicated by the red arrow based on an exact measurement of the volatility in the trading range in red.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
Distribution
Gold Possible Wyckoff Re-DistributionHi Traders,
Above I have done a video showing my thoughts around gold and a possible opportunity that lies within.
Please let me know your thoughts in the comment section below as well as check out further below for more details.
Have a great weekend.
TH from RT-Trading.
USOIL Distribution!Hello my beauties.
Here's an idea based on Wyckoff schematics about Crude Oil.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
Amadeus IT Group S.A.(AMS.mc) bearish:The technical figure Pennant can be found in Spanish company Amadeus IT Group S.A. (AMS.mc) at daily chart. Amadeus IT Group, S.A. is a major Spanish IT provider for the global travel and tourism industry. The company is structured around two areas: its global distribution system and its Information Technology business. Amadeus provides search, pricing, booking, ticketing and other processing services in real-time to travel providers and travel agencies through its Amadeus CRS distribution business area. It also offers computer software that automates processes such as reservations, inventory management software and departure control systems. It services customers including airlines, hotels, tour operators, insurers, car rental and railway companies, ferry and cruise lines, travel agencies and individual travellers directly. The Pennant has broken through the support line on 21/10/2021, if the price holds below this level you can have a possible bearish price movement with a forecast for the next 8 days towards 51.72 EUR. Your stop loss order according to experts should be placed at 61.00 EUR if you decide to enter this position.
Risk Disclosure: Trading Foreign Exchange (Forex) and Contracts of Difference (CFD's) carries a high level of risk. By registering and signing up, any client affirms their understanding of their own personal accountability for all transactions performed within their account and recognizes the risks associated with trading on such markets and on such sites. Furthermore, one understands that the company carries zero influence over transactions, markets, and trading signals, therefore, cannot be held liable nor guarantee any profits or losses.
Example of WTI Crude Oil 15 mins Wyckoff distribution!Hello my beauties.
For educational purposes, I wanted to publish yesterday's price action on USOIL, as a 15 mins Wyckoff distribution played out perfectly.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
POSSIBLE DISTRIBUTION SCHEMATICS ON CARDANO!Hello my beauties.
It seems to me like the price could forming distribution schematics. The arrows are indicating more or less the events associated with a fully developed Wyckoff distribution, not an accurate prediction of what I expect the price to do.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
BTC Wyckoff Accumulation Schematic #1 study 27/7/21A study of Wyckoff Accumulation Schematic #1 and comparison to previous distribution.
It is possible that we have entered Phase D of a Wyckoff accumulation - an upthrust following a successful test of the spring from 28.7k (confirmed higher low on lower volume). We may now look for signs of an LPS/BU.
The current move from the test somewhat mirrors 14th - 18th April from the ATH. There have been 3 tests of the RSI extremes on both the accumulation, and looking at the RSI, this is the first time we've managed to reach overbought levels since hanging to the lows. There has been a high level of liquidations during this move upwards, similar to the move down from ATH - this is a sign of strength.
Time duration from PSY to mark down has been overlaid onto the current accumulation for comparison, and as a general target for what would be healthy following an ATH. Not to say that an immediate break up wouldn't be great, however the longer we stay in accumulation, the higher the probability of a larger move to follow.
What we would like to see (and/or):
DXY to breakdown from current local top, or two stay sideways without printing a higher high.
A break up of 40k to test the AR and potentially work on an SOS.
A range between 37.5 - 40k, with the lower bound holding as support and gaining strength for a push to the AR (likely good for alts).
A bounce from 35 - 35.5k to confirm an LPS.
RSI to hold and trend above 50.
Volume to keep increasing.
What we don't want to see:
DXY to break up and make a higher high (from the current area, it would represent a structural change to direction and continuation of it's run).
A breakdown from the 35 - 35.5k area. This would be a sign of weakness and builds towards invalidation of the schematic - caution should be used.
RSI lower than 50 or reaching back to oversold would not be ideal.
On-chain metrics still relatively bullish, with ongoing negative funding rates and BTC currently leaving exchanges. Fear/greed index also seems to be bouncing of it's lows.
DXY - Wyckoff Market Cycle Theory!Hello TradingView Family, this is Rich and I found DXY H4 chart interesting, following the famous/great Wyckoff Cycle as per Richard Wyckoff.
First, What is Wyckoff Cycle?
- Accumulation Phase
The Accumulation stage is caused by increased institutional demand.
Bulls are slowly gaining power and as a result, they are poised to push prices higher.
- Markup Phase
Bulls gain enough power to push the price through the upper level of the range.
This is usually a signal that the price is entering the second stage and that a bullish trend is emerging on the chart.
- Distribution Phase
This phase is where the bears are attempting to regain authority over the market.
The price action on the chart at this stage is flat, just like the Accumulation phase.
- Markdown Phase
The Markdown process comes as a downtrend and begins after the Distribution phase.
It indicates that the bears have gained enough power to push the market downward.
on DXY, the cycle phases are highlighted in the picture.
In brief, we are now in the Distribution phase and we are waiting for a breakout below the last low for the bears to take over and the Markdown phase to start.
Meanwhile, until the bears take over, DXY would be overall bullish and can still trade higher.
Good luck!
All Strategies Are Good; If Managed Properly!
~Rich
My JB MA CHANNEL INDICATORWe all know that moving averages, in particular, moving averages of closing prices tend to be highly inaccurate indicators and frequently miss major tops and bottoms. In backtesting, they tend to be accurate some 30 to 40% of the time which is to my way of thinking unacceptable. On the contrary moving averages of opens versus closes for highs versus lows, when used properly avoid the drawbacks of closing moving averages, particularly when combined with a trigger. Shown above is my moving average channel method which uses the 57 SMA of Williams accumulation distribution as a setup or trigger. As shown by the arrows two consecutive price bars completely below the MA channel low and triggered by Williams below SMA constitutes a sell signal. Conversely, two consecutive price bars or more above the moving average channel high accompanied by Williams above its moving average constitutes a sell trigger. The moving average channel high, the red line is a 10 period Moving average of highs. The Moving average channel low, the green line is an 8 period Moving average of the low. There are at least a dozen applications of this methodology including its ability to spot trend changes, support, resistance, swing trades, market strength, market weakness, and more. I will post some of these additional uses of the moving average channel as they present themselves. Do note that in this chart there were two instances above the moving average channel high but these were not triggered by Williams AD and therefore the trend remains down for the duration of this chart. The methodology associated with my MAC is completely rules-based and works in any timeframe. Thank you my friend Larry Williams for developing your excellent version of accumulation distribution. Thank you Dan Wall here on TV for your brilliant coding of my work.
Jake Bernstein (RBT rules-based trader)
www.jakebernstein.com
PS to see the MAC in a bull market take a look at a daily chart of Netflix (NFLX)
USDCHF DISTRIBUTION SCHEMATICS!Hello my beauties.
The pair seems like it'll be facing quite a bit of weakness in the next weeks/months, according to Wyckoff schematics.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
USD/CAD DISTRIBUTION SCHEMATICS!Hello my beauties.
I think USD/CAD is in a phase of distribution, right before a powerful markdown. Check my previous analysis, we had predicted the moves that happened and we were expecting a retest of resistance before melting further down below the red line, that defines the trading range, according to the Wyckoff schematics of distribution.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
POSSIBLE USD/ZAR DISTRIBUTION!Hello my beauties.
I noticed that USD/ZAR will most probably go through a phase of short term strength before marking down, after these very long term distribution schematics are completed.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
GOLD LIQUIDITY TRAP!!!Gold can some times be a pain in the ass but a good pair once it goes your way.
It has been building liquitiy for a whole year now. If we experience consolidation of price in the coming days just watch out for a bull run before a nasty fall happens.
Longterm we are bearish but sellers in the markert must be reduced.
I hope this gets out to as many people as possible.
It is not a definite price path but a path with a higher probability
MODERNA POSSIBLE DISTRIBUTION!Hello my beauties.
I think MRNA has entered a distribution range, as the ST (second test) seemed to be pretty weak, and the price is now showing weakness below the trading range. We are going to wait for further developments in price action and eventually take a trade on the final LPSY. For those of you who like trading ranges, this might be a juicy opportunity. Watch for the creation of an UT (upthrust) and an UTAD (upthrust after distribution) before you take your trade.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
SECOND POSSIBLE SCENARIO FOR HP! DISTRIBUTION!Hello my beauties.
We will wait for the price to move towards the top of the range and give us some more indications. I tend to think that HP is going to show strength regardless, but I would like to react to the price rather than predict it. What looks like a Spring (quick weakness in the price followed by a rapid recovery within the range). The price might also provide the Wyckoff events outlined in this analysis, so we still need to wait for some more information before we can delineate a clear trade setup. Remember that the lines don't intend to predict price action exactly, rather give us a general view of the events that will follow based on the Wyckoff trading strategy.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
AMAZON distribution schematics!Hello my beauties.
I see a distribution schematic travelling towards completion on amazon.
If the prediction is right, the price will quickly move towards the bottom of the range, and give us a couple of LPSYs (last points of supply) before marking down.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
APPLE DISTRIBUTION SCHEMATICS!Hello my beauties.
Apple is in a distibution phase, right before the markdown. I will wait on a successful retest of the trading range, and sell. The arrow doesn't indicate the actual price target, rather an idea of the direction of the upcoming trend.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
POSSIBLE USOIL 1HR DISTRIBUTION!Hello my beauties.
I think UsOil is showing signs of distribution on a 1hr timeframe.
This would align with the bias that a completion of the bearish broadening wedge is to happen soon. I will sell on successful retest of the red trading range.
If you find this idea to be helpful like, follow, and drop a comment below if you'd want me to analyse a different pair.
Consider supporting me if you think I am providing you with value.
Peace.
Luca, TrickleDownFX
Dow Inc Showing Classic Wyckoff DistributionAmazing example on Dow Inc. of a Trading Range following Wyckoff Distribution Schematic #2.
------------------------------------------------------------------
What is a Trading Range?
------------------------------------------------------------------
In an trading range there is a equilibrium of Sellers & Buyers causing price to move sideways but unknown to many the large operators are slowly absorbing all the Supply or Demand of the asset before starting a major campaign.
------------------------------------------------------------------
What is Wyckoff Method?
------------------------------------------------------------------
"One objective of the Wyckoff method is to improve market timing when establishing a position in anticipation of a coming move where a favorable reward/risk ratio exists.
In accumulation, the shares purchased outnumber those sold while, in distribution, the opposite is true. The extent of accumulation or distribution determines the cause that unfolds in the subsequent move out of the TR ."
Wyckoff Theory & Schematics give us clues to which probable direction the price may head out of the horizontal moving price structure.
In a Distribution Trading Range two of the key characteristics are the UTAD (Upwards Thrust & Distribution) above the Trading Range, and the SoW's Signs Of Weakness's with strong volume at the bottom end of the range.
------------------------------------------------------------------
Further Reading
------------------------------------------------------------------
For more information check out Stockcharts.com, Wyckoff Introduction & Tutorial for beginners.
school.stockcharts.com
For Distribution Schematic #2 for comparison:
school.stockcharts.com
------------------------------------------------------------------
If you found the idea informative & insightful then share the love with a like & comment, thank you!