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Three Drives

GBPAUD huggge Bat 1w, and 3 Drives Pattern! 4hr--------------Bat-------------------------- Starting with the weekly and zooming in, you will see a consistent uptrend that forms a Bat Pattern starting at May 23rd (This is not visible) It has the valid measurements between A = .382 - .5 B = .382 - .886 C = 1.618 -2.618 X to D = .886 --------------3 Drives-------------- The chart illustrates a Bearish 3 Drives pattern (bearish being the final move), with the valid measurements Top Legs - .786 or .618 Bottom Leges - 1.272 or 1.618 and matching harmonic numbers ( meaning .786 matches 1.272 and .618 matches 1.618) This move is DEPENDENT on the reversal candlesticks at what is labeled as "C". This is The BAMM move up as a BUY. Next we look for the candlestick reversal at what is labeled "D". As a SELL Risk Reward is PHAT! at 1 : 4.7 !! These 3 Drives are hard to find, buy totally worth it when they hit! Note: always draw it on your own chart to get exact measurements! Make sure you have confirmation candlestick patterns CLOSED before entering - it may shoot through the D reversal zone! You're welcome to repost this, just mention @corganmusic! :) For those looking to learn to trade, message me! Good luck out there! Learn to trade: sixfigurecapital.com
by corganmusic
Canadian Dollar Double Bottom, Three Drives, SharkGood news has helped the CAD bounced off a double bottom today. Next upside target R3 at .79500. Possible bearish Shark pattern developing. USD still creating massive Head and Shoulders which if it comes, will help fuel CAD to Shark completion. CAD fell from H&S last month, then went into a three drives pattern and double bottom yesterday. CAD also crossed the 20 day moving average and could now be used as support if uptrend continues.
DLong
by hopscotch
BTCUSD Intraday setup 7BTCUSD hit our previous analysis at intraday setup 5 Now this coin complete three drives pattern inside rising wedge pattern, and already hit wedge resistance. Both of this pattern is danger, with bearish result, if this coin drop : 1. we have support at 6063.91 and 2. three drives pattern projection at 5391.00 For bullish,, we still have symetrical triangle projection at 6939.40 (from intraday setup 6), but we have to break this bearish pattern first. i will update this analysis if : # we have bullish pattern # Support reach # or three drives pattern projection reach Happy trading, good luck. If you have any opinion, about this analysis,.. share your comment, and very appreciated if you hit like/agree for this analysis
COINBASE:BTCUSDShort
by AzrulAzir
72