Three Drives
ETHUSD - 15m Three-Drives, SMA 50, and 100. Some Recent 15m price action analysis with Bearish Three-Drives Pattern . I think the SMA 100 will come into play after the next leg up. The SMA 50 is also standing by on the Daily, noted on the recent Bullish action Sunday Evening with quick profit taking. Bulls will need a great deal of momentum here to break SMA 50, 100 , and the Downtrend Line in place from September.
A correction may be on the horizon - keeping price action in a daily Bullish Butterfly that looks to have started developing around Dec. 15th 2018.
Bullish Butterfly:
Good Luck Traders!
The end of the bulltrap will be bloody :) We ending this in a beautiful 3 Dives to top that is in formation. Psssst let those bulls open as more longs with a huge interest rate as this will be the most costly and savage drop they experience since 6000$ levels.
SGDJPY 15 minute chart Three Drives Pattern.My first three drives pattern but I've included a stop loss and thee target prices.
Forseen Future - H&S Forming - Worst Case - 3 Drives Top3 Drives is higher probability as is it a scheme used since 1800 grain trading with great success.
Three Drives December HogsWe may have a three drives on December Hogs. Fail today at third top. New pivots will be coming tomorrow and pivot will rise slightly overall. S2 will be higher, so not sure now much this may fall. Need confirmation tomorrow. We also have a twin tweezers top rejection. R2 becomes resistance at 63.775. R1 has been breached at 63.275. Pivot is next target for bears at 62.475. Hog market in lead April is continuing a down move to double bottom and hog index is falling and now nearing 57.
Perfect Symmetrical 3 Drives to TOPPerfect Symmetrical 3 Drives to TOP
It can mean only one thing:)
I've posted a similar situation chart that was a surgical strike :) as I always do.
3 Dives Top + Head & Shoulders on 1H - Dangerous Grounds 3 Dives Top + Head & Shoulders on 1H - Dangerous Grounds
~ 1 day until February Month
- 3 Days until end of Week
- 3 Dives Top + Head & Shoulders on 1H Time Frame
Technically is perfectly to dump and position yourself right here.
USOIL - 4H CHART - LONGThe Crude Oil set to make a come back!
It could rise to just under 58 dollars by February.
GOLD Fibonacci Pattern 15 MinBuy @ 1289.96
T/P 1292.78
S/L 1288.400
GOLD Fibonacci Pattern 15 Min
RadioForex
My favorite - 3 Dives Top With Massive Rejection on last TOP3 Dives TOP with Massive Rejection on Last TOP is my favorite.
Also the massive rejection result the fact that weekly 24 MA is holding like a BOSS without sweating it.
Enjoy the shorts my friends.
ANOTHER 3 DIVES TOP - 30M Another failed pump by Bitfinex, the mafia exchange, the high money launderer's exchange. Has pulled off another dirty wash trade of theirs. It will end up like the rest of others with a big failure.
Lets see how this 3 Dives to TOP with HUGE REJECTIONS on their Wicks plays out. Most likely they will forced out to the maximum all their indicators on small time-frame.
*FIXED* 3 Dives To TOP with Symetrical TOP'sI think now was the last true TOP. From which will deflate this extra-pumped price with Fake Volume out of Bitfinex USDT. . Well done for bears that stayed out as I saw Shorts were low and dint jumped out at every spike. Now LONG's are trapped and IN-PAIN.
3 Dives Top? No ? Who know's in crypto everything is possible :)BITMEX:XBT is being a feisty little bastards trying to take-out the majority of its shorters on its way down.
You know the old school Wash & Rinse? You can watch it now, fake volume pushed too the limits of no volume , everything deflating like a bubble all over again. Sooner hopefully then later as then it will caught many "Buyers" that we will need when we hit the REAL Bottom.
We Called It! Want to Join the RALLY Party? [help inside]Don't freak out. If you missed our call to buy the bottom at $3150 (Yes we did!) Here's how you can get back in the game.
Three Drives (Rally) Pattern:
Shorts are being squeezed and shorting again (trying to find the top)
Bulls are actually buying (unlike the April short squeeze)
Third rally is for the FOMO buyers, and they will get their "shorts" (ahem) handed to them
Warning Sign, large candle wick buy back on the drop
Too risky to buy in here, not sure how high the final rally will go
Too risky to short the top, might go past our number before coming back down
Buying in:
Limit buy down from $3,800 to $3,500 and viola... HODL till $5,800 and you're making 30-40% returns!
You're Welcome,
-racethehair
3 Dives Top BTCTechnically it is symetrical 3 Dives to Top. Yet the market have refused it to start it for a while and forced up the last wick to insure that the last shorters are OUT.
It is a classical movement and probably one of the worst ever since they over-extended even the RSI.
Gold short term trade #tradingWe could see a pull back on gold, short term, 1200 could be a decent level to buy.
When everyone screams recession; run the other way!You've heard it so many times "greedy when others are fearful", but fear takes hold and sways your judgement.
What are the common sense clues?
The talking heads are trying to "call" the recession before it happens simply for an "I told you so" moment, but where were they before 2008 and earlier?
Why can't we make some serious profits after 10 years of an absolute garbage economy?
Headlines for the past two years have been all about Elon's gaffs
Very few called the recent FANG "crash"
All of the technicals are moving in the right direction
Fundamentals are easy... when EVERYONE is calling for a recession, we know the opposite will unfold
FINALLY: Show me an historical All Time High back to the great depression, then show me breaking that ATH, finding support, and it not creating a new bull run. The trend is your friend and stocks are in full bull mode with no signs of reversal.
-racethehair
