Bitcoin
Updated

Bearish 3 Drives

1 345
See Annotations

"Sell with Resistance" can look like - shooting star, tweezer top, head and shoulders, bearish divergence, etc.

I haven't found much online regarding targets of the pattern once the 3 drives completes. As always, let it go and use your stop system.
Note
3rd drive target hit

I expect short accumulation in this zone
Note
went much higher on the 4th wave

then hit bearish target on the way down

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.