On 24 February 2022 while Russia forces launched full-scale invasion of Ukraine, the 4 US major indices reacted negatively and broke below the previous selling climax support level created on 24 ...
On 31 March 2022 S&P 500 E-mini futures experienced a Wyckoff upthrust (UT) of the previous resistance created by the automatic rally (AR) in early February 2022. This was the fist red flag of the ...
There is a bullish outlook for XRP because technical analysts believe it can break out of the channel. Several traders on X ...
Markets rarely move in straight lines. Instead, they spend long stretches trading sideways in what Wyckoff described as accumulation (when large players are building long positions) or distribution ...
Bitcoin first needs a weekly close above the $71,300 mark to confirm a likely price breakout to new all-time highs. Wyckoff accumulation is a classic technical analysis setup named after Richard ...
In order to complete a Wyckoff accumulation pattern, Bitcoin is to commit above the resistance level and to break above 47000. The downtrend of Bitcoin (BTC) started in November 2021 as an up thrust ...
A Wyckoff spring pattern showed up in the 4 US major indices and many stocks last Thursday points to a temporary stock market bottom. On 24 February 2022 while Russia forces launched full-scale ...
The downtrend of Bitcoin (BTC) started in November 2021 as an up thrust (e.g. false breakout) followed by a marking down until a Wyckoff change of character (this concept is applicable in Gold and ...