If the current leg up terminates at 161 extension, this will increase the chances of three drives as it its equal to the size the first leg pull.
Currency.com is among the first platforms that allow stock indices and precious metal trading with digital assets. Its team launched a survey to discern the views of its community members about Bitcoin's (BTC) price behavior and crypto market prospects in 2021. Here are some results. Three bulls and one bear First and foremost, Currency.com traders were asked...
Nifty formed Triple Mountain pattern and also Reverse Head and Shoulder pattern in Day ,4H and 1H Timeframes. If Breaks of Resistance will go Higher.
I think we are going to test 1762 - 1790 area with a "zigzag" ABC wave (5,3,5), inside a bigger C or E wave. So the idea would be to long on the B completition beetween 1713 and 1699 (ideally the best would be around 1706). Below 1699 probably this count is not a valid prediction, so SL can be tight and we will have to look to something else in terms of...
Like and comment if you find value in our analysis. Feel free to post your ideas and questions at the comments section. Good luck NOTES: - All trades are executed with a valid signal of our own. As a trader you should develop and test your own entry protocol. - We never trade just because the price reaches the trading zone. This also means that not every idea...
SAIL looks good for longterm Targets-200,300 (Threedrivespattern) breaking of 95 level make the stock enter Into next level or range
Stochastics indicate a potential drive-up from the bottom. There have been three recent runs, a correction and then a fall to support. It's time for a rebound and a move up to resistance, following the general long-term trend. If you see it break through there could be a move to the next price level. If you think differently, comment below and I'll ignore you...
The price is at the 1.618 extension which gold seems to sometimes respect, and the bulls were able to defend the small bounce of the past month. This is the 3 drives pattern trade that I just criticized in my USDCAD idea 😂 but I'm buying for other reasons, the major problem I mentionned (other than absolutely wanting to go against trends being stupid) was the...
alright, so the first plan has worked out perfectly so far!! 3drive was perfect caught the short but missed long entry by 100$ (will haunt me forever) cleaned up the chart & looking at it, it's possible that we might form an ascending triangle here I am waiting on red resistance to test & reject 3drive idea is still valid & it is possible that we might reject...
Due to three reason to predict BTC route. 1. BTC had been run a two drive(at Day figure),if the third drive complete ,it maybe produce a strong PRZ at 73000 ; in three drive pattern, I can predict BTC will retracement to 0.236 fibonacci number( 0.786 retracement ) if the three drive complete and the price reach 73000. 2.now the 4H of BTC has form a 0.382...
AUDCAD has completed the three drive correction and hit 0.9600 demand zone Today Daily Candle break yesterday's High And hence we can Buy AUDCAD for a good rally Aim 0.9830 0.9940
Here is the chart that i've tried to predict future. So take a look on the chart and act with the chart price, not follow the trend if the trend is break. Be careful with your budget i'm not take any responsibility on your trading if you using my strategies.
Deeping for the 4th wave count we also so a possible 3 drive in view But also when you have hoped in that bull move, beware of 0.91342 level.
Price also acts as major monthly resistance... let's wait and see
In this chart, two patterns can be seen. The first pattern is the Elliott Wave and the second pattern is the tree drive
the 72 to 75 thousand is the resistance of fibo zones. after the correction to the floor of the channel , the three drivers pattern will complete be ready for the big correction