Wyckoff Logic Supply and DemandCOOPER Subvaluation!
Technical analysis
Cause, equilibrium sequence between demand and supply between quotas , supply zone 42.50 & 6.85 demand zone .
Demand and Supply, equilibrium = ⏹ range ("the ratio between supply and demand is =")
Implications,neutral!
Pattern consolidation!
Effect generated by approx
1800% .
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.
Wyckoffmethod
Wyckoff Logic Supply and DemandSOLUSDT
Technical analysis
Cause, accumulation, equilibrium sequence between demand and supply between quotas , supply zone 36.26 & 30.01 demand zone .
Demand greater than Supply !
Implications,long!
Pattern Rally base Rally!
Effect generated by approx
32% .
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.
Wyckoff Logic Supply and DemandETHUSDT
Technical analysis
Cause, re-accumulation, equilibrium sequence between demand and supply between quotas , supply zone 1397 & 1231 demand zone .
Demand greater than Supply !
Implications,long!
Pattern Rally base Rally!
Effect generated by approx
27% .
SL 1438
Entry , buy! 1572
TP 2000
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.
Wyckoff Logic Supply and Demand USDCAD
Technical analysis
Cause, re-accumulation, equilibrium sequence between demand and supply between quotas , supply zone 1.38095 & 1.36070 demand zone .
Demand greater than Supply !
Implications,long!
Pattern Rally base Rally!
Effect generated by approx
500 pips.
SL 1.34541
Entry , buy! 1.36482
TP 1.42242
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.
Is the distribution pattern on JBH now complete? (JBH:ASX)* Initial peak at the end of 2021
* Sharp retrace (automatic reaction) followed by quick rally into the secondary test
* Sharp fall again on most bearish volume in that period
* Long phase B of about 12 months
* Down moves so much quicker than the up moves
* Distribution occurring through this period
* Ultimate high in April 2022 forming an upthrust after distribution
* Very weak retest to complete Phase C
* Rapid decline in price from $57 to $37 approx in Phase D sell off
* One last rally to $47 approx
* Back up to the creek and upthrust to complete Phase D
* We should now start the Phase E mark down.
* P&F target is $10, conservative target $21
* This is my analysis of the stock. DYOR before making trades.
LRCUSDT - Ready for ALT SEASON ? 🚀Hi Traders, Investors and Speculators 📈📉
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
I've been making updates on altcoins that have massive upside potential and good risk to reward rations. These ideas are all spot focused accumulation phase positions, by using the dollar cost average method. LRCUSDT / Loopring is another altcoin that previously went up 2000% the last time we reached this level ! We're still due for the final bottom, but the time to accumulate is NOW.
The idea above is for medium term to longer term. This is my take for the NEAR term:
Interested in XRPUSDT ? Take a look at this setup 👀
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We thank you for your support !
CryptoCheck
$BTC Wyckoff Markup 15m - Midweek DistributionHi guys,
So bullish news on Bitcoin, which means we should all buy now, right? Bitcoin is pumping and now we're getting on our rocket ships to mars.
Not so fast.
Rishi Sunak has become the Prime Minister of the UK, and it is said that he is a fan of Bitcoin and used to be an institutional trader, which is very good news in regards to the British economy and the British pound. I recently got out of my large short 'position' on the pound after a year of keeping all of my savings in USD even though my home currency is GBP because I saw a devaluation of the pound coming.
Back to Bitcoin; as I have been saying for weeks, I am seeing a relief rally up to $28-32k and we have now broken out with this good news. But now is not the time to go long.
Over the last couple of days we have been seeing a wyckoff markup pattern as shown below:
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Which can also be seen as an Elliott Wave 5-wave structure.
This is how prices react to good news.
Now, what I am seeing is a midweek distribution, which is quite common in weekly market patterns, before a dump towards the demand zone, shown in red at the bottom of the chart.
images.prismic.io
Cheers for reading and let me know what you think,
Tchau
SPX500: I'll keep being bearish until 4100Hi Traders,
This is my view for this week on SP500
I remind you that this is only a forecast based on what current data are.
Therefore the following signal will be activated only if specific rules are strictly respected.
I really hope you liked this content and I would like to know what do you think about this analysis, so please use the comment section below to give me your point of view.
Pit
DISCLAIMER:
Trading activity is very dangerous. All the contents, suggestions, strategies, videos, images, trade setups and forecast, everything you see on this website and are the result of my personal evaluations and was created for educational purposes only and not as an incentive to invest. Do not consider them as financial advice.
———————————
ETH - Wyckoff Method : What's Next?Hi Traders, Investors and Speculators
Ev here. Been trading crypto since 2017 and later got into stocks. I have 3 board exams on financial markets and studied economics from a top tier university for a year. Daytime job - Math Teacher. 👩🏫
In today's analysis, I'll be giving out LOADS of free information🎁.
We'll study the ETHUSDT chart by using the Wyckoff Method. Trying to understand the market and it's movements may seem futile, however Richard Wyckoff identified a pattern that could easily be translated as bullish cycles, bearish cycles, and the two brief phases that happens before each. Just before a bull cycle (markup), we have accumulation . Now this may take months or even years. Then, just before the bear cycle (markdown), we see distribution phase. This is very evident across all markets - the price cannot simply go up / go down forever! So what can we do with this information? Have the courage to follow the market cycle. To make the cycles a little more clear, here it is on a macro perspective on Bitcoin:
The accumulation phase makes for THE BEST place to have scattered buying orders, in other words follow the dollar cost average method. Not familiar with this method? Check out this detailed educational masterclass:
With this chart, I propose my idea of a potential Ethereum ETH bottom by using the Wyckoff Method .The Wyckoff Method can be extremely technical and complicated, with many phases, sub-phases, sub sub phases etc. The four main phases of the market cycle are accumulation, markup, distribution, and markdown . From the BTC chart I posted above, we can clearly see that we have been trading in the accumulation cycle for a while now. However, we have NOT YET BOTOMMED.
Here are some terms and definitions you may find helpful:
SC—selling climax - the point at which widening spread and selling pressure usually climaxes and heavy or panicky selling by the public is being absorbed by larger professional interests at or near a bottom. Often price will close well off the low in a SC , reflecting the buying by these large interests.
AR—automatic rally - which occurs because intense selling pressure has greatly diminished. A wave of buying easily pushes prices up; this is further fueled by short covering. The high of this rally will help define the upper boundary of an accumulation TR.
ST—secondary test - in which price revisits the area of the SC to test the supply/demand balance at these levels. If a bottom is to be confirmed, volume and price spread should be significantly diminished as the market approaches support in the area of the SC . It is common to have multiple STs after a SC .
What I'd be looking out for at this point, is a potential macro W-Bottom pattern to confirm the low volume selloff phase :
Consider this quote : "Successful tape reading is a study of force, it requires ability to judge which side has the greatest pulling power and one must have the courage to go with that side."
Richard Wyckoff understood that speculating markets is more than just analysis - you also need the courage to follow through on your analysis.
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We thank you for your support !
CryptoCheck
Wyckoff accumulation 2070 Daily ChannelThis my main long term perspective on gold's loooong descending channel since 2070.
In my view, this is just an over-extended bearsqueeze due to the strengthening Dollar Index which would ultimately reach 120 soon, and ultimately peak.
Market Makers are bullish overall and choosing to extend price action for as long as it needs to, and exhausting off as many sellers from the market as possible in the process to secure a decisive break out to the upside.
ALGO completing Wyckoff accumulation phaseAfter a multi-month period of mark-down ALGO is exhibiting the final stages of Wyckoff's accumulation model:
1. Preliminary Support (PS) established
2. Selling Climax (SC) achieved
3. Automatic Rally (AR) occurred
4. Secondary Tests (ST) occurred
5. Price broke key resistance level (Sign Of Strength / "crossed the creek"
6. Price Backed Up ("walk back to creek")
The next phase is the mark-up phase.
This could correspond well with a mid-term rally off SPY support level.
Wyckoff Supply and DemandUSDJPY
Technical analysis
Cause, re-accumulation, equilibrium sequence between demand and supply between quotas , supply zone 144.942 & 141.566 demand zone .
Demand greater than Supply !
Implications,long!
Pattern Rally base Rally!
Effect generated by approx
1115 pips.
SL 138.948
Entry , buy! 143.759
TP 155.000
⭕ = circle
⏹ = square
🔺️ = triangle
Unit = ⭕ market
Polarity = 🔺️demand & 🔻supply
Equilibrium = ⏹ range ("the ratio between supply and demand is =")
PRINCIPLE OF DEMAND AND SUPPLY
The law of supply and demand
- here the analysts study the relationship between supply and demand , having as a reference point the price and
volume over a period of time as shown on the chart.
KEY DEFINITION
The law of supply and demand is of the utmost importance. If the application to
buy an instrument (currency pairs, stocks, commodities , metals, bonds, cryptocurrencies)
is higher than the available supply, the only way the demand can be met is
for the price to rise to a level that attracts enough supply to match demand.
When this point is reached, the price does not advance. If the offer to sell is
higher than the demand to buy, the only way the supply will be absorbed is as
the price drops to a point that attracts enough demand to absorb all
the amount. When that happens, the price doesn't go down.