The Three Drives / Three Dives Down pattern is usually short term bearish, but near term and long term bullish.
Previously, we saw a -32% correction. This time, it could be a little higher if we consider the previous neckline support:

The only way I see this paying out differently, is if the price captures the current resistance zone, and CLOSES above it:

__________________
AAPL
Previously, we saw a -32% correction. This time, it could be a little higher if we consider the previous neckline support:
The only way I see this paying out differently, is if the price captures the current resistance zone, and CLOSES above it:
__________________
Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Discord Server
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
discord.gg/xHJRka3
Cryptocheck Website
thecryptocheck.com
SoftQuant Website
softquant.io
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.