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Distribution

Take a deep breath, We are doing wellAlright, dont hurry now, we are in distribution phane now, so dont fomo, wait a few hours and choose your side carefully, if you lost a trade, its ok, market is here you will do that another day. Anyway, as you can see we had a beautiful mark up here its about 8800 to 9600 ! almost 1k push up :) First of all we are in a range for a while market needs to rest, second it was a big one again and it needs a correction(about 30% of it), I changed my rectangle channel 9200 ~ 9600 its a 400 pip channel These targets are really strong magnets here, so read this post carefully. We had cross over on ma's, rsi was in convergence mode and also macd was really strong, and volume told us a big trend is coming and it happened last night. Current place is one of the most dangerous places in last month and as you can see we are on the top ! and we touched 9600 ! the pressure of this resistance could push us down, but how much? how much are we gonna go down ? in my idea this is not gonna more than 300 pip ! So I recommend you to be ready for another long, set your start on 9250 to 9600 and 9800 I have to say short is possible too, so keep your eyes open and if you see a candle below 9150, it will go down to 8800. Im in long and I dont want to enter trade now, its in range and trade in distribution mode just makes you nervous about your position and it will make you crazy by FOMO ! I will publish another idea for 4h chart soon ... watch it and feel free to leave your comments for me. If you liked it, please hit the like button, share and write your comments, thanks for reading. Take care, trade safe
BITMEX:BTCUSD.PLong
by AminHa4
2
🧐Are we're in the end of Distribution Zone?📉 Hi, friends👋🏻👋🏻! Glad to see you on my daily Bitcoin review 💓 It already looks like the mainstream 🤣🤣🤣 Look carefully at the chart📊, if you look at the price movement by zone, it's very similar to distribution.💥 And we are at its last stage.❗ ⚡If so, then a fall in price isn't inevitable!⚡ You should think carefully about what to do with your positions. 🙏🏻 Always remember the risks.❗❗❗ ❓❓❓Guys, would you like, that I'll write EDU post about distribution and accumulation?❓❓❓ 😉If yes, put me like and write in the comment🙌🏻 I'll be glad to be helpfull for you!💓 Stay with me💋 Your Rocket Bomb🚀💣
BITSTAMP:BTCUSD
by RocketBomb
27
Wyckoff Take III: the floor gives way, back to where we startedWelcome to Phase D! CME futures opened on the black line, and we pretty quickly dumped to the bottom of the trading range thereafter. This set us up for an obvious SOW (sign of weakness) dropping below trading range. So my previous sell zone on the way to a last 9K bulltrap turned out to be too optimistic, and any rebound we get now, after dumping 4 solid times from the UTAD ($600 down), is going to run out of steam. Leveraged longs have been liquidated too many times, bulls’ stomachs (and their wallets) have been hit too hard to sustain another rally. We should get back up into the Trading Range for one last bulltrap - but remain in the lower half at best. Too many bears salivating at selling 9K one last time, which ensures it won't happen. In normal circumstances, after dropping out of a rising channel like we just did, I'd be fairly sure we would rise to kiss the underside of that channel floor -- but the only way I can see that happening is with a long wick up from this 8600 local bottom, not from a rally that climbs with hope to the edge. Best hope for this rebound is to hit our head on the 0.382 fib with a quick spike - then pullback and curve up to try again - only to fail and form a bearish double-top. Then it’s on to Phase E and more dumps. TP1 zone was hit $8520, landing on the median of this bear pitchfork perfectly, and also the level of our AR (automatic reaction) spike after the Buying Climax. I have revised my dump path and targets, this will be more severe and straight down 5 impulse wave, I don't sense any hesitation in the bears or enough courage from bulls to "pause" the selloff bounces for reconsideration on the way down. TP2 and TP3 are now $8200 and $7800 (right back at the previous stiff ceiling before the pump) Props to @Divineraze who caught the highest possible short in this distribution range, $9200 the tip of the UTAD!
KRAKEN:BTCUSDShort
by ronfkingswanson
27
Wyckoff Take II: UTAD edition - ending with Arc of Dump DestinyMy last chart mapped out the Wyckoff structures, but left out the UTAD: upthrust after distribution , assuming that the LPSY dumping was already in progress. As it so happens, the selling I prematurely thought was the end of the TR -- was in fact whales testing distribution, but followed by the UTAD (a driven move hitting stops and forcing a vertical move to $9200). The Up Thrust After Distribution is explained here: "This is a test of the remaining demand. It is also a bull trap—it appears to signal the resumption of the uptrend but in reality is intended to “wrong-foot” uninformed break-out traders. A UT or UTAD allows large interests to mislead the public about the future trend direction and, subsequently, sell additional shares at elevated prices to such break-out traders and investors before the markdown begins. In addition, a UTAD may induce smaller traders in short positions to cover and surrender their shares to the larger interests who have engineered this move." Ironically, in my previous charts, I actually projected this very rise to $9200 before heading back down to the low range. I even expected to TP at 9200, because the retrace fibs of the last drop were perfectly positioned there. But in my blindness to Wyckoff, I didn't realize I was forecasting the UTAD itself. I got bear goggles, spooked by the first dump, but thanks to sufficient margin, wasn't at risk of getting liquidated. So I will miss the $200 ride up and back down, but this development only confirms the original Wyckoff Top distribution scenario more surely. The resolution simply gets delayed a bit. A few new things have caught my attention since rushing out the last chart. This new correction pitchfork, a favorite of mine when charting bear seasons after a bubble peak -- actually fits this price action perfectly, to the very point of our $9200 UTAD peak smack on the intersection with the rising channel top! Also, I reframed my white rising channel to better fit the controlled edge touches (not the selloff overshoot). And a new alignment appears with the CME futures opening at 5pm Sunday evening CST --- the futures closed at $8840, and I believe spot price is going to drift right down to meet it. First - because our bearish Gartley is supposed to resolve down. Second, because the UTAD is a temporary high structure in Wyckoff, and resolves back down to the Trading Range. Those should all converge at about the right time and price expected. Now the resolution: lots of bull hopes are inflated by this recent pump to 9500, and they're strongly expecting a breakout to 10K and beyond. If this whole sideways range **does not dump at the LPSY areas** but instead just keeps climbing, then the whales really are taking us to the moon before halving, damn the distribution. If we have a proper LPSY and SOW selloff -- but the drop stops at 8520, refusing to breakdown the rising bull trendline floor we've been riding above for weeks, then the Wyckoff was valid, distribution whales get to take their profits, but bull sentiment is just too damn strong to stop the market from continuing to go up on the sideways. If we break down the intersection of the pitchfork median AND the rising bull floor, then it's dumpsville. All the way to TP2 and TP3, bottom of the bear fork but no lower than $8000 probably. Any rebound from such a dive will be weak, because we will have retraced to the 0.845 fib, almost the entire pump rally! Decision Point - $8840 TP1 - $8520 TP2 - $8260 TP3 - $8020
KRAKEN:BTCUSDShort
by ronfkingswanson
13
Bear Market Rally Selloff BeginningWell, I publish an idea last week enthusiastic and euphoric it was going for the moon, but admitting when you're wrong when your stops hit means it's time for the other direction. Between the last couple of weeks cooling off and prices falling below prior support trend lines and failing to break back over them as resistance means the short term trend is changing direction. The momentum as reflected in the rate of change has been rising, but has still failing to reclaim a positive direction from a month ago and is again falling. I don't expect this to be as hard or as fast as March, but it could be. The size of the Bear market down trend channel is huge, but after the moving averages bunch up and the price bounces off of the 252 day average as a resistance, expect huge moves downward this week. I would not be surprised to see more circuit breakers get hit again, but I'm only about 33% of my portfolio short right now and am waiting on confirmation that the down trend has resumed in earnest to go further short. Selling volume is beginning to rise, and the weekend down is looking pretty hard down already. Stochastics and RSI are all breaking back downward, so it looks like the Bear rally is dead and about to swipe back down again hard. The distribution is just beginning, and I expect it to pick back up in force on Monday. -- NOTE -- I've made some changes to the Rate of Change (ROC) indicator that are shown here, but have not published the script. Let me know if you're interested, and it goes from hard green and red buy and sell to blue for cooling uptrend and purple for recovering downtrend.
AMEX:SPYShort
by chuckination
GOLD Gold Weekly idea. Finished fifth wave (or near about) Formed SOS on high - Looking for BUEC range confirm as wave 2 back to 1200 dollar area. Then move to 3ks looks likely given macroeconomic outlook when the $USD stops being deflationary and starts an inflationary cycle DXY looks to make up to 30% rise which will be key to the play imo. Retail are looking to buy into Gold and BTC at present due to inflation fears, CO of both markets looking to take profits in a dollar which is increasing in value. Both assets have yet to retest the range from their Accumulation phase. XAU is more likely to be the more predictable of the assets, The air is ripe with retail money in response to the news and makes a ripe environment for local distribution. BUEC target (RangeEQ) lines up with the expected 618 retrace for a wave 2 Will keep this idea running. Short from here Looking to long 1200 area
OANDA:XAUUSD
by X2000X
Dax DE30EUR, Weakness Appearing - Short Term - 30min chartOverall the trading range we currently see on the Dax is still a bullish formation, we are still in an uptrend environment. However, weakness is creeping into the chart with volume /supply entering at the top to the trading range, a longer amount of time is being spent at the top of the current trading range (on the 1 hour , 4 hour time frame, when price reaches the top) than in previous range, this indicates slow, controlled professional selling (institutions moving out of a position). Although on the higher time frames I believe we have room to go higher, from an intra day perspective, if we breakout of the bottom of this 15 minute chart trading range, and put in a subsequent lower high at the neckline, then the opportunity is there for an aggressive, quick short to the bottom of the current trading range. My thoughts overall is we are seeing early signs of weakness, and eventually this current trading range on the 1 hour, 4 hour charts will prove to be a distribution
EUREX:FDAX1!Short
by Price_Action_Setups
Wyckoff`s distribution schematicA perfect example of Wyckoff`s distribution schematic, which indicates a potential double bottom for bitcoin . ........................................................ PSY : preliminary supply. BC : buying climax. ST : secondary test. SOW : sign of weakness. LPSY : last point of supply. UTAD : upthrust after distribution. ..................................................... Therefore I believe that there is no reason to be bullish about Bitcoin in the immediate short-term. Long-term!? of course, but for now not so much. cheers
GEMINI:BTCUSDEducation
by AhMoF
6
Distribution on DailyHi guys, I think USD CAD is in the last fase of Distribution and is about to break out. I analyze and trade the markets with the Wyckoff method and price action. Most people that trade Wyckoff are doing it wrong. They try to copy the accumulation and distribution charts/graph from the internet to their own charts. But that's not how it works. People need to learn about the ideas of the moves and fases of the Wyckoff method. Fase A is the most important (and most visible on the chart) fase of the method . In this fase we can see a change of character which gives us an indication for future trend. The other 4 fases of the method are mostly hard to spot/not visible on the chart in my opinion. And distribution mostly looks like a descending triangle. In distribution the fase consist of a Preliminary Supply, Buying Climax, Automatic Rally and Secondary Test. The Secondary Test is the most important move in this fase. If the Secondary Test is of high volume and near or pass the Buying climax we can expect Re-Accumulation. If the Secondary Test is of low volume and corrective of nature and just below the Buying Climax and Preliminary Supply we can expect Distribution. In this case we have a Secondary Test that is low in volume and corrective of nature and far from the Buying climax. In terms of price action we can also expect a move to the downside because USD CAD is making lower highs and lower lows. I think the target for this move is 1.34165 which looks (to me) like an important level with a gap that needs to be filled/tested. This is my analysis guys. I hope you enjoyed this analysis. Always do your own research and wish you well in trading.
Short
by KramerFx
BITCOIN 50% FIB FRACTAL | ACCUMULATION UNDER 50% FIB - $74002015 50% Fibonacci Level held as a pivot as price traded under it whilst testing it 50% Fibonacci was re-tested upon breakout Capitulation was -65% Capitulation wick was -22% below the close Price simply traded sideways within a range 2020 vs 2015 Similarities 50% Fibonacci Level being tested as of now and this is a key pivot zone Capitulation was -62% which is similar to -65% of 2015 Capitulation wick was -26% below the close which is similar to -22% of 2015 ______________________________________________________________________________________________________ Summary of Both Charts: Big Capitulation Initial Retracement Sideways Accumulation Between Low & Retracement Level VERDICT : Bitcoin to remain under $7400 and trade sideways for a few months, bouncing between $3800 and $7400
BITFINEX:BTCUSDShort
by JayanVarsani
1
NAS100 DISTRIBUTION SCHEMATIC #1There is no sign of buy to go for long. My target of sell is 5500. Situation is getting worse. Every next day is worse than the previous day. When we can say days getting better according to report then it will be the time to go for the long term BUY in NAS100. NA100 has formed a reversal pattern which is known pattern: WYCKOFF DISTRIBUTION SCHEMATIC #1 theory. NAS100 has given sign of weakness, we will see more downside in NAS100. Hit the like button if you find it helpful and informative and follow to catch the waves correctly.
OANDA:NAS100USDShort
by Aadil1000x
5