Bearish 3 Drives

Bitcoin / U.S. dollarBitstamp

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⋅ 2016年12月30日午後9時19分

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"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.

⋅ 2017年1月2日午後5時41分

3rd drive target hit

I expect short accumulation in this zone

⋅ 2017年1月5日午後6時40分

went much higher on the 4th wave

then hit bearish target on the way down

Three Drives

ValdeanoFX

⋅ 2017年1月5日午後1時26分

damn you're so right

filbfilb

⋅ 2016年12月31日午前12時9分

Massive fan of your teaching on youtube especially with the cloud

Pleased ive finally started seeing things in a similar way and am making money as a result.

Many thanks Josh.

IAmSatoshi

⋅ 2016年12月31日午前12時21分

@filbfilb, awesome - glad to hear that you enjoy the content and are making money!

ambrosia

⋅ 2017年1月7日午前12時15分

You aren't expecting a 3 "dives" pattern, are you?

willymoron

⋅ 2017年1月6日午前7時7分

Ok that is played out but what's next? The pump & drop was so messy and uncomfortable. Somebody I wouldn't name was stopped out on one exchange and autodeleveraged on another one.

IAmSatoshi

⋅ 2017年1月6日午前7時11分

@willymoron, next step is watching and waiting for a week b/c it will probably continue to be volatile.

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Bearish 3 Drives

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