Three Drives
EURAUD Downside?Priuce has broken and retested the support trendline of a bearish flag. Will we see continued downside?
possible bullish gartely or crabfor the current information base on this week latest low hitting approximate 0.618 retracement
we have two bullish gartely scenario which are hitting possible resistance point
and one bullish crab scenario which are meeting general down trend.
Dont be suprised the scenario are combined reversal at D, then go to point E and start the down trend (rate hike)
or straight to E, then down trend with 5 waves.
Good luck
BTCUSDT "Next Move "i think price is in a three drive pattern , after that price go up , also RSI show the buyers have the upper hand.
50k is the mid term of this movement target .
any way this is not a signal this is just a strategy use your own plan
and as always dont forget the mighty STOPLOSS !
BTC Descending Wedge / Bull Flag - PT $51,200BTC has quite a few clear bullish things going for it.
First, the bearish three drives harmonic pattern. The green arrows marked show three attempts by sellers to cause a break downward, and three fails to cause that break. Immediately after the third, the price trends upward with consecutive straight green candles with solid volume, and that's exactly what we see here.
If you want more precedent for the above harmonic, look no further than the BTC daily from May of this year to right now. You can see almost the exact same thing happening here. A wick on the initial crash to the range low, then a series of bearish drives which failed to break down significantly below 30k. Immediately after that third bullish drive, the candles immediately gain volume we had never seen in a while, and it was shocking to see BTC's strength.
Second, the descending wedge. You can see a very clean and well defined descending wedge right after the consecutive green candles. This itself is a bullish pattern, and when you consider the support line as well as the fib support thwarting any breakdown attempts from sellers, you can see we're about to go much much higher.
Make sure to set a nice SL, somewhere around 46.5k, since you might get stopped out by those breakdown attempts.
Good luck!
Nas100 🤷🏾♂️ it is what it is 💯What is this drop telling you about the markets?
Has the tech bubble reached its limits?? 🤷🏾♂️ Is it about to pop🤮🤢🤦🏾♂️
😁😜💯 I don't think so! I don't know what is sustaining this drop, but I just see it as a correction. 🔥🤞🏾
#LETSGO! Secure the bag! 💰💰💰
Eth/usdt update Hi everyone:
Price action analysis and forecast on potential trade opportunities for the week ahead.
Rsi smooth 3 levels
1-period-274
2-period-137
3-period-68
showing the divergen
Long next shortDXY is currently in a bearish three drive mode, and it is expected to start to fall when it reaches the 0.382 reverse position of the whole decline. However, it is expected that after the decline, the monthly MACD still shows positive momentum, and is in the environment of narrowing and expected fundamentals of interest rate hike. DXY can only rise until it resumes the downward trend after testing the strong resistance of 99-100. This trend is in line with the shape of the weekly cloud belt, because it has changed color. After stepping back, there is a wave of 1.618 times rise, which just constitutes the shape of the tea cup handle.
PHR 3 drives, precipitous fall, now whatNot happy I did not take profits on the fake rally 2 days ago, very low volume.
Now that this stock has fallen, trying to learn my lesson: This was a 3 drives and the fall was down to precisely the line from peak #1 through bottom #2. Almost spooky how that happened.
Now drawing fibs and I'm hoping it returns to fill the gap, to 69, back where the 1 hour VP says it should return to.
Stop below this low, I guess.
Gold week 30/8/2021Gold Chart D down trend
H4 three top Pattern
Entry 1820
SL 1837
TP1 1786
TP2 1755
Cad/Jpy UpdateThis can go down from here and has not moved much at all since i posted this idea. This is why patience is required in trading. Im still holding my trade and im hoping that it will move down soon.
I posted this sell idea because price made a higher low in the downtrend and now im expecting a lower low.
dream in EOSin 3 drive and downtrend, we expect to go down to step 5 and come back to source om move
BTCBTC after stop hunting can go down. in compressed up trend spent longtime and and now in Appropriate position to down
apple drive 1 did not engulf spike hidden in month time frame . we expected that price can go up to 170-180 $ but after a correction in drive 3
Signal EurusdChart D. Eurusd a Harmonic Shark & Three drives a Bottom
Chart H4. Eurusd a Harmonic Shark.
Entry 1.1706
SL 1.165
TP1: 1.180
TP2: 1.184
TP3: 1.888
PROPS Three Drives Pattern + Oversold on DailyBuy: 0.02- 0.024
Stop Loss: 0.018
I expect big things from this in the medium term. Lets hope BTC cooperates
AAPL 3 drives to a peakI'm sure a bull case is just as likely as a bear case, but we'll find out which in the next few days.
