Thread by @Yodaskk

$btc $btcusd #BTCUSD

T
E
R
M SHAKEOUT
I
N
A
L

(1/X)

https://twitter.com/Yodaskk/status/1243199240320548870

large penetration of support line
sudden increase in volume

Candle that penetrates the zone of liquidity and that returns practically the totality of the move in 1or2 candles

Terminal shakeouts is used to define movements with much deeper penetration and with higher volume

2/X

If after the breakout of the lower part of the structure,price fails to stay below(we are currently here)and re-enters the range again,it denotes strong puchase entry and adds greater probability that the breakage is false and that the Spring /terminal shakeout is developping
3/x

Shock functions:
Kick the smarts of the market: market structure is destroyed, they thus abandon their positions

Expelling the feaful: kick the weakhands out before the move

https://twitter.com/Yodaskk/status/1243199244498096137?s=20

4/x

Original thread: the March 2020 Terminal shakeout of the 2017-2020 Wyckoff re-accumulation range

https://twitter.com/Yodaskk/status/1243199224440897536?s=20

5/x

Wyckoff vocabulary if needed

https://twitter.com/Yodaskk/status/1195638413535449088?s=20

6/x

If this is truely what happening, the move to the top of the range shall be fast with probably not that many retests to leave everyone in the dust

7/x

Oh yeah i forgot the obligatory:

"muh muh wyckoff is for noobs only lolol kek"

Obviously, $btc needs first to get back into range above 43k for this scenario to even be possible

the book:

https://twitter.com/Yodaskk/status/1196402005125869568?s=20

more fud at resistance, damn

https://twitter.com/DeItaone/status/1395409047197716484?s=20

$btc
Just trying all the possibilites here, but maybe a similar scenario as March 2020 Covid crash:
-Range,
-take the highs, SFP (fuck the shorts stops, fuck the breakout traders)
-take the lows, SFP
-Finally able to go up

🔨