Search in ideas for "WYCKOFF"
Birla Soft - Possible Breakout scenarioKey highlights:
⚡️ Market structure may soon shift.
⚡️ Wyckoff accumulation schematic but not a clean one.
⚡️ Volume expansion in the last few days.
⚡️ Attempting to push towards the range high.
⚡️ If it manages to sustain above 355, expect it to move towards 400.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
Infosys - Possible Wyckoff accumulation scenarioKey highlights:
⚡️ Consolidating in the weekly demand zone for the last 4 months.
⚡️ Wyckoff accumulation schematic on the daily time frame.
⚡️ The market structure started shifting after the establishment of the low on 17 July. Hence, it is an important low.
⚡️ The logical short-term target is near the 1730 zone. If the price manages to push above the range high, expect 1700 and higher in the coming weeks.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
Wipro - Possible Wyckoff accumulation scenarioKey highlights:
⚡️ Consolidating in the weekly demand zone for the last 3 months.
⚡️ Wyckoff accumulation schematic on the daily time frame.
⚡️ The market structure started shifting after the establishment of the low on 15 July. Hence, it is an important low.
⚡️ The logical short-term target is near the 490 zone. If the price manages to push above the range high, expect 490-500 in the coming weeks.
Disclaimer : This is NOT investment advice. This post is meant for learning purposes only. Invest your capital at your own risk.
Happy learning. Cheers!
Rajat Kumar Singh (@johntradingwick)
Community Manager (India), TradingView
Let's see BTC is this a wyckoff again?Hey everyone
I Guess everyone is looking for the btc bottom but when we extend the charts we can observe something cool
we can see btc forming wyckoff Accumulation and we just tested Resistance line above AR now we are moving forward towards ST in phase b
IMO we still have to wait for october to november for the start of the bull rally
AXIS BANK Wyckoff AnalysisAxis Bank Chart seems to be in Distribution Schematic of Wyckoff Trading Method Analysis. Probably short Period of time Axis Bank will give some short opportunity, move toward the price approximately 500 and after that some consolidation and Might be some rally can be seen in the future because of long term uptrend. For positional call right time to enter in the trade is to 500 and the possible TP could be 1200 from technical point of view. But who knows what future might hold?
BTC - 2020-2022 Bull run - Fractals and Wyckoff#Bitcoin Fractal
Seems like the same patterns would continue repeating. The current price action is the fractal from the green box. Seems like a push to $62K in the next couple of days before a final low of $56K around the start of December. The real parabola starts after that.
Also, observe how trend lines are going parabolically upwards slowly with each Wyckoff pattern, hence below 56K seems unlikely.
Bajaj Auto Wyckoff AccumulationWait for the breakout and then retest to enter positions with a very tight stop loss or just below the last point of support. This is called Wyckoff's Back Up to the Edge of the Creek Setup(BUEC).
We can get stopped 3-4 times but when we do catch the trade correct it will be worth much more because we have accumulation behind and a very favourable Risk Reward.