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Fractal

Wyckoff distribution - Bitcoin Target: 37500$It seems like the Wyckoff distribution is playing out again in Bitcoin charts. There is a confluence between the Wyckoff distribution and descending triangle pattern which gives a target of ~37500$ price within a week after which a trend reversal can be expected. The first Wyckoff distribution happened between the start of this year and ~20th July and Line1 denotes the Support for that distribution The one playing out currently started a week after the first one got over and is a smaller one as compared to the first one with Line2 as support.
BITSTAMP:BTCUSDShort
by YashLadia
Manali Petrochem Fractal Patterns TutorialFractals are a self similar patterns that recur at successive lower degrees. Once identified, they provide great trading opportunity. They can be found on any time frame, on any asset class or any instrument in any market conditions. How to trade: Once a clearly visible fractal pattern is recognized, look for the lowest degree pattern in the structure to retrace over 100% of previous swing high/low as depicted in the chart. Make an entry at such a breakout. Risk Management: Keep the stop loss at the lowest point of the lowest degree fractal. I hope the explanation was useful for the fellow traders out there. Cheers!!
NSE:MANALIPETCLong
by MilestoneCapital
1
Richard Wyckoff distribution bull trap 1.green box appears to signal the resumption of the uptrend but in reality is intended to TRAP uninformed break-out traders the remaining demand. 2. in phase C price goes through a decisive test of the remaining supply, allowing the “smart money” operators to ascertain whether the stock is ready to be marked down. >>if these points hold true we can take advantage with good risk/reward, we can draw a pitchfork using expanding pivots (sign of reversal) in green box. $$ valid entry could be at upper parallel of pitchfork with stop above green box and target of lower parallel (white box) >> i sold 1100 call option you can also buy a put of 1100
NSE:TECHMShort
by bossdaddy
2
NIFTYBEES ANALYSISNIFTYBEES 1M: This is scientific analysis of NIFTY50 index structure through NIFTYBEES ETF using frequency shifting. I mean that volume around that COVID-19 low is very impressive. Red parallel Lines represent covid-19 market structure and yellow parallel lines represent historical NIFTY50 structure. Both lines together forms supply and demand clusters where price is expected to behave in a very specific way in the future. ETF charts are very important, actually more important than open interest charts for analysis of market sentiments and potential movements.
BSE:NIFTYBEES
by fr0xk