Three Drives
TRADING LOG #53 CADJPY SHORTConvergence of several Harmonic pattern's PRZ. There's a Bat, a Three-Drives and an AB=CD formation. On top of these there is also Divergence on the MACD. You could enter the position now if you're afraid of missing it but I'm going to hold out for a better price so that I can use a much smaller stop loss.
EURUSD 20-25 January 2020There is a three drives pattern that could materialize on the eurusd chart. For that to happen, the price has to stay within the uptrend channel and hit the third high. Having accomplished that, the price action will be sent into a bear run to values below 1.1100.
W bottom BTCUSD SHORT We have yet another W bottom; certainly a common theme in the hundred and dozen or so publications I’ve done this far.
Frustratingly trying to deal with this glitch that’s slicing my publications and rap as well as followers and all that stuff into two different accounts also preventing me from intraday trading on my pro account ironically so while they get sorted out (Check my chainl link publication for more info - Case anyone wondering why I feel the need to mention this is strictly due to the four or five people that actually read my publicationsCase anyone wondering why I feel the need to mention this is strictly due to the four or five people that actually read my publications so I did not want them to feel like I have been in them so rest easy loyal friends —- did not want them to feel like I have abandoned them, more like a temporary sabbatical while I sort this issue out.
In the meantime I would implore you to check my Twitter/Linkdeln for any updates.
I take it in this matter will be resolved within the week.
W bottom signaling parabolic movement and time frame shows the short position I would take for anyone looking to dump before retracement and as always read horizontal represents the stop loss which is the figure you should always go for— Regardless of how bullish you believe the market is.
Trade safely have a wonderful day and DM me if you have any questions or concerns.
Happy birthday to my brother/best friend, Adam!
Ll
Peace & Love
-@a1mTarabichi
Disclaimer
Market is extremely volatile so please keep that in mind do not FOMO or FUD and this is not financial advice.
- Note: My main account just like all my other handles I. E. Twitter/ Linkdeln (among others) Is
– a1MTARABICHI
The glitch/duplicate account is identical just minus the M & 1 so “atarabichi” And so just pay attention to the same one that I’ve always been posting on there and that is the main one (Also the only one with the pro green badge) Hopefully does not cause too much confusion and will be fixed sooner rather than later
Have a great evening once again
-mT
Sensex Index UP Coming Trend Analysis Hi
we believe that there exist a Three Drive Pattern for which it takes few days to complete and then we have a bearish retracement for which we may Short the Market.
The Fundamental analyses are base on the current Oil Price and problems in Middle East and as we have analysed the NIFTY, we can conclude there is a upcoming Bearish Trend as the Oil Pries may go Higher so the companies should face the Demand issues and their productivity comes down so their stock price...
Best of Luck
Trade Sensibly
please write your ideas for us so we can discus and develop our knowledge
Oil look's great too....Been watching oil closely this days, so won't be surprised if oil reaches 80 or 42.....
TRADING LOG ENTRY #15 AUDJPY SHORTThree Drives pattern formed, I predict that a head & shoulders is going to form, there is also divergence on the MACD. There are 2 supply zones that will act as higher probability entry zones. I might scale into the position using both of the entry locations.
Let see how this plays out Gold looks clean on the daily chart.....
In which if u look at the daily chart seems creating a double top which might move to the downside and looking at it also it might move to the upside
GBPCHF up in the long termThree drives
Traders! if you like my ideas and do take the same trade, please write it in comment so we can manage the trade together.
TRADE LOG ENTRY #5 EURJPY SHORTThree drives, as well as a double top formed, touch of significant trend line on weekly.
LongPlease this is not an Elliot wave count... parallel Channel formation here with a three drive formation.
ADABTC Shortterm AnalysisThis is the first idea i'm publishing.
I'm glad to tell me about my mistakes.
Hope you enjoy it.
Good luck.
GBPUSD Topped alreadyGBPUSD
Entry Price = 1.34476 til 1.35153
Best entry point is neck line
ST = 1.35950
TP1 = 1.30950
TP2 = 1.27730
good luck!
SLAP YOUR SELF, IF YOU SOLD YOUR BitcoinCash this levelsLooks like altcoins recovering. But truth is, they can't pushing self to new ATH in $.
You loose with altcoins in btc or in $$ value.
Reason behing is margin trading with btc, and selling low volume coins after long accumulating before mainnet for a nice profit in btc before next btc pump begins.
margin trading with btc doesnt making it attractive, it's more likely monday casino.
Now we are on a cycle where bch will start a parabolic run up to 600-1000$ range in coming months.
good luck all
Bullish AB=CD Pattern: A very profitable setup (Example)The bullish AB=CD is a measured move down chart pattern except that the turns are located using Fibonacci ratios.The pattern correctly predicts point D 57% of the time. By using the next higher Fibonacci ratio in the measure rule, you can boost the accuracy somewhat, to 65%. What Is an ABCD Pattern? Reflects the common, rhythmic style in which the market moves. A visual, geometric price/time pattern comprised of 3 consecutive price swings, or trends—it looks like a lightning bolt on price chart. A leading indicator that helps determine where & when to enter and exit a trade.Why is the ABCD Pattern important? include the U.S. Dollar (USD). Helps identify trading opportunities in any market (forex, stocks, futures, etc.), on any timeframe (intraday, swing, position), and in any market condition (bullish, bearish, or range-bound markets) All other patterns are based on (include) the ABCD pattern. Highest probability trade entry is at completion of the pattern (point D). Helps to determine the risk vs. reward prior to placing a trade. Convergence of several patterns—within the same timeframe, or across multiple timeframes--provide a stronger trade signal.
BTCUSD Three Drives Pattern - Downtrend ChannelBTCUSD Three Drives Pattern - Downtrend Channel
Follow the channel till it breaks
