Wyckoffdistribution
BTCUSDT Descending Tringle - Wyckoff RedistrubtionBtc creating classical Descending Tringle Pattern with potential of fake breakout on Top and its look like Wyckoff Redistrubtion Schematic
Descending Top - Decreasing Volume - Uptrust and Sign of Weakness - Pattern will be Confirmed if Fake breakout happen on top and price break bottom line on rejection and Pattern is fail if price close candle above UT
Target Point 1 Short Term : 37500
Target Point 2 Mid Term : 35000
Target Point 3 Long Term : 33500
Ali Dastafkan.
GBP/USD(update)By combining Wyckoff and smart money concept where by it works on any types of time frame, this is the daily chart of gbpusd. Most probably it'll drop till the next order block.
I'm still in a process of learning more in detail for smart money concept and Wyckoff, doing well so far, hope to gain support from experience traders here. Do drop some comments will be glad to hear from you guys perception.
$DJI Undergoing Wyckoff Distribution?Wyckoff Distribution is nothing to sneeze at. This could signify **Big Money** (known as "Composite Operators in the Wyckoff world) leaving the market. This would indicate that they are cashing out, not caring what happens to price. Here's the schematic that I've identified: miro.medium.com
Additionally, this same schematic took place in bitcoin not too long ago. See my related ideas below for the visual. It unfortunately played out to a "T".
Could it be happening again here? If so, be very careful with *any* longs.
$BTC Wyckoff re-distribution possible*The Pumpeye Perspective*
**$BTC**
If this Wyckoff re-distribution theory is correct then and we are now on our way down then the low will happen around the 3rd October and the spring around the 15th October.
Today appears to be very similar to the 12th May drop and could be the start of further downwards movement if the Wyckoff pattern is true to the current Bitcoin movements.
PLEASE NOTE
This chart and theory is not scare mongering or FUD, all TA is just probabilities and this COULD not play out, we are merely exploring possibilities.
PLEASE
Take precautions to protect yourselves and use appropriate risk management if you are trading this market!
Trade safely guys and please do contact the team if you wish to discuss things or the current market conditions are affecting you and you need someone to talk to.
Pumpeye ❤️
Will Gold fall down further? Wyckoff distribution schematicAre you trading Gold ?
We're done with our Elliott Wave plan so last Friday, Gold was fall further.
So, this is Gold (XAUUSD) with Wyckoff distribution schematic.
I'd like to see Gold's price downward.
First Target is around 1727.
What's do you think about this idea?
Follow to see more in depth Gold analysis.
BTC Wyckoff DistributionIt looks like Wyckoff Distribution phase is happening right now with a top @ around $49,5k. Then, a quick re-accumulation phase with a SPRING @ around $37,5k.
Allen Au predicts the top around 21th Dec. The way I see it, for BTC to remain within its lifetime channel, the TOP would be $80,000!
USD 1 hr Wyckoff distribution!Hello my beauties.
I think that the USD might be distributing, on a 1hr chart we are looking at a LPSY, the moment before a Markdown (impulsive move towards the downside).
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
GBPAUD BearishHave found the institutional candle on the schematic (Re-Distribution) from the 28th August that shows some price action that needs some mitigation. Found the 57 minute candle which was the most volumest before the big sell off breaking order flow causing another Re-Distribution. Another confirmation is that this specific candle was printed during the opening of NY which shows significant orders and good reason to come back too. Sell limit is off the 80% off the 57m and stop loss is at the extreme high of the candle. 7.4 pips risking and planning on running this down towards the extreme low which is a potential 404 pips and a 50:1 R&R. Have set an alarm at 1.89126 to give me a heads up and plan my move accordingly. Might wait for another small time frame schematic to play out to give me that extra confirmation. Hopefully this hits by NY session then melts lol. Good luck and happy trading fam!
(Update 1) Where will BTC end up? | Market outlookInitially, the rate of the first cryptocurrency was supported by news from El Salvador, where on September 7, the law on the legalization of BTC as a means of payment came into force. Now the country's enterprises are obliged to accept digital assets on a par with USD in the implementation of any transactions, which will help the population significantly save on commissions. BTC conversion is not subject to capital gains tax. Also, citizens who install a special mobile application on their smartphones will receive about $30 in BTC to their digital wallets. The head of IOHK, Charles Hoskinson, believes that the example of El Salvador can be a good starting point for the legalization of "digital gold" in other countries as part of national monetary policy or regular payments. The promotion, in his opinion, will be facilitated by the younger generation, which is actively introducing and applying innovations, including in the field of finance. Galaxy Digital founder Mike Novogratz said the price swings in the market this week were triggered by traders who are sensitive to the volatility of digital assets. He compared cryptocurrencies to the Internet "in terms of value transfer," noting that a new type of investment will soon become dominant among traders. The large payment giants also share this point of view. Thus, MasterCard Inc. announced the purchase of the Cipher Trace crypto service before the end of this year. The service, which currently tracks suspicious activity on the blockchain of more than 900 coins, will help clients work more safely with instruments and increase their volume in their portfolios.
The pressure on the industry continues to be exerted by the policies of the supervisory authorities. Thus, the UK Financial Conduct Authority (FCA) head, Charles Randall, said that crypto assets used in speculative investments carry significant risks for society. According to the official, tokens must undergo mandatory registration with the FCA. Governments must step up efforts to suppress the use of cryptocurrencies for criminal purposes, determine the possibilities for consumers to participate in certain speculative activities, and think over support measures for innovations in the financial sector.
Also, the confrontation between the US Securities and Exchange Commission (SEC) and the American crypto platform Coin base continues. The regulator intends to initiate a new lawsuit in the launch of the Lend lending service. The department classified the loans used in the framework of this project as unregistered securities, but the department refused to provide additional explanations. At the moment, the SEC has asked the crypto exchange for additional information about the project, as well as testimony from specialists.
Gold Wyckoff Distribution Range! Big Hands Liquidate!Hello my beautiful traders.
I couldn't dive into the Wyckoff method as that'd take a long time, I tried to give you as much information as possible about the reasons that led me to take the trade. Check out what that is about yourself on Google.
Doubt what I say and do your research. If anyone has an opposite bias let's discuss it!
I hope that this video provided you with educational content .
If it helped you like it, share it, drop a comment below if you have any questions and I'll be happy to answer.
Thank you for watching.
Peace.
TrickleDownFX
Bearish GBPCHFMarked up a Wyckoff distribution that was created during the 10/08/21-13/08/21. This holds significance due to breaking the recent low structure from 21/07/21 which was a swing low of the bearish orderflow. Market is showing bearish orderflow all the way from the April distribution and hasn't been showing bullishness since. Daily timeframe also showing bearishness therefor my bias will be on shorting. Market has been showing bullish orderflow on the intraday 1hr-4hr time frame, but I think its working its way up to mitigate orders out of this schematic. This LPSY that initially created the price to exit the trading range of the distribution was created during NY session which shows me importance of this area. Found the most volumest up before the down candle on the 22 minute timeframe so I've measured 50-80% of this candle as shown by the blue horizontal rays. This is is where I will be looking to sell and have set alarms for warning. Will want to see a schematic play out otherwise will have limit set and the 80% and SL above the extreme of candle. Risking 8.7 pips to run it down 313 pips to the extreme low of the leg.
Bearish GBPCHFRisking 8.8 pips for 318 pips which is at the swing low of this bullish order flow. Playing this trade off a distribution that caused a break of order flow which is going bearish. Found my most volumest bullish before the bearish candle which appears on the 22 minute timeframe which signals the most action. It also takes place within the NY session. Let's be patient fam and this trade is going to be one for the books. Thank me later!