Search in ideas for "WYCKOFF"
Multibagger in making"This is my trading journal, not a trade recommendation. I Will be Posting and updating the ideas regularly, as market progresses, only for educational purposes for me and others who want to benifit from my experince.
Slope of prices is good. If prices have to respect the pitchfork, we may see an wyckoff trading range in upsloping channel. This is low Risk High Reward trading opportunity.
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Trading in the stocks market or futures markets is on e of the riskiest forms of investments available in the financial markets and suitable for sophisticated individuals and institutions. The possibility exists that you could sustain a substantial loss of funds and therefore you should not invest money that you cannot afford to lose. Nothing in this analysis is a recommendation to buy or sell stocks or futures and I shall not be liable for any loss or damage, including without limitation, any loss of profit, which may arise directly or indirectly from the use of this analysis or reliance on such information. Consult your financial advisor prior to investing is stock market.
This is one person’s experience, your experience may differ. Past perfomance is not gaurantee of future gains.
Siemens - Wyckoff schematicsLets try something new !
It is called Distribution phase and it is comprising of
BC - buying climax
AR - Automatic Response
ST - Secondary Test
UT - Upthrust
UTAD - Upthrust after Distribution
SOW - Sign of weakness
One thing to note that Distribution phase looks like Reaccumulation phase so in such cases , trades needs to be initiated only after confirmations
From here stock can go up also.
GOLD | BULLISH TREND APPEARForecast: We have gold that tonight reached 1802 and I wanted to show with you a possible very nice trade, so as you can see on the left in the chart that ranging was an accumulation of Wyckoff before going up to 1960 and what I am noticing now is that it is doing another possible accumulation and the drop to 1802 of this night was the second test in the second phase (I call it STB) now if it respects the purple area that I have put in the chart and it will drop from there to make a new low get ready for the gold that will reach 2000 again.
Many confluence confirmed UPTREND Then Downtrend
Thanks to all those who have followed me and liked my post.
Special thanks to all those who DM me and commented on my analysis
wanting to know more about the trade.
Inox Wind : Bullish pattern and BreakoutInox Wind : Bullish pattern and Breakout
CMP : 55.5 : Date : 12.12.2020
Bank Nifty 45 Min - May be a artificial markupReading the chart of Bank nifty 45 min. It seems like market is in bullish move , but what we are seeing might be a artificial markup. (Given US election tomorrow, we expect some bit of volatility, my take is the market will be more volatile on the day of results than tomorrow).
RISKY TRADE IN SRTRANSFIN : I AM DOUBTFUL BUT SL IS SMALLBIG PLAYERS SHOWING SMALL SIGN OF ENTRY NOT YET SURE
Short an IT Giant !Can see the Distribution . HOURLY chart shows us very Classic milestones as per Wyckoff model.
RVNBTC LONGI see RVNBTC currently in Phase C of Wyckoff Accumulation, I have started to nibble on RVNBTC to start taking positions for long term. This is easily a 10x call over couple years time.
Phase D will take its own time to develop in RVNBTC. Would be a fun ride.
Note: This is not financial advise.
DIABTC chartFirst published chart. DIA is a new token so this is a 15-minute time frame. This would be exciting.
