Three Drives

GBP/USD: Three Drives and Butterfly Patterns in Play Good day Traders, Trust you are doing great. Here is my brief analysis of the GBPUSD pair. Last week, a bullish Three Drives pattern was identified on GBP/USD, completing on October 17th. Following the pattern's completion, the market experienced a brief impulsive move to the upside before retracing back to the support zone. Currently, the market is testing this support level, and a sustained move higher could follow, further validating the typical characteristics of this pattern, often found

LKI ready to pull a Shiba Inu Move Similar Pattern Low Market cap Same time of year Great product Alt season starting AI Project - very relevant right now

by Portfolio_Punt

pepe → just buy and hold it hello guys. Pattern: The chart shows a potential "Three Drives" pattern forming, a bullish reversal pattern. First Two Drives: The first two drives have been completed, with the price bouncing off the trend lines. Current Position: Price is near the bottom line of the channel after a "hunting candle," suggesting a potential third drive. Outlook: If the pattern completes, a strong move to the upside toward the projected third drive target is possible. Summary Pattern: Developing

by melikatrader94

Bulls and Bears are fighting / If Support breaks ---> 60-62K BINANCE:BTCUSDT COINBASE:BTCUSD Hello Dear Traders. 📝In this post I will track the BTCUSDT movements till next week. No more talks, BTC is in a very serious situation. At the end of the next week, BTC may reach 60-62K and after that drop to near 50K level. 📡Please visit the recent positions. 💌Thanks for your support and energy.

by UnknownUnicorn18258085

High Time Frame 3 Drives Pattern down to October NOPIUM I wanted to share a bearish thought that I think has merit whilst we are all talking about the new bull run to BTC at $250,000 by next week idea. The Blue lines - FIB TIME Purple lines - 3 Drives Pattern I'm hoping the rest is clear enough. FIB Time has been something I have used, ignored and then regretted before. Whilst nothing is a guarantee, In the past, it has given me dates within a few days of where it landed. This time, it's showing that IF we do start to grind down

by turnandshoot

BTC & Ethusd trade idea full video on youtube You make money if the price moves either up or downs. If the price decreases in value, your position makes a profit. A trading plan is a set of rules that specifies a trader's entry, exit, and money management criteria for every purchase. With today's technology, test a trading idea before risking real money. Known as back testing, this practice allows you to apply your trading idea using historical data and determine if it is viable.

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by Vishalatul097

Magnetic Fields (Part 2)At the architecture faculty, I was taught that if it looks ugly in a project, then it won’t work. So this is another clear example of how events can unfold in the future. Given the exponential trend, we can assume that without the current stop Bitcoin price would have already reached $150k. But since this hasn't happened yet, the start of the swift rise period is clearly moving to the second half of 2025. Looking at this optimistic scenario, we can see that the resistance and support exponents e

by tradephenomena

three drives pattern hello guys... Before anything you should know I don't follow the exact fibo level and strict rules to find patterns! Only the generalities of the subject matter to me. rules: - a sharp movement - three-five drive one after the other - the correction waves don't engulf the last correction - always a divergence (rsi) helps let's see some examples

by melikatrader94

BTC pullback is ended, Long entry points with delay Hello traders, here is my simple market vision - Upper you see new Bearish Orderblocks (beOB) formed during last two days - Lower we see rebound from old Bullish Order block (buOB) - Formed new one buOB today - Sperandeo TrendLine broken - The price was in lower part, not far from liquidation support . Liquidation Levels I'm building at 00-00, like a plan on this day. - I've added Blue boxes 1) 2) 3). First blue box i've buld by Lowest H2 candle of the day1. Second and third it's the same siz

MACRO BTCUSD - The Wonder Years Looking at Timeframes of Prev Market Cycles we seem to following the old adage "Fred Savage" , You may have thought I was going to say something about History Repeating itself based on the almost mirror image of Market Cycles, but When I said "Savage" , I'm starting to hear the screams and see the carnage. I've been trying to figure out why upon that weekly closing bullish candle we are unable to set a higher high, which is still in play, however, I like to really Zoom out and approach the

EURUSD & DXY DAILY MARKET REVIEW-JOURNAL This is not a financial advise it's for educational purpose only. Like and follow me for more 🥰

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NASDAQ - Last few upside moves. CAPITALCOM:US100 is entering the last stages of this rally which could top out around 18600 -18800 depending on the patterns that show up. I'm currently chasing the 3 Drive ABCD Pattern into the major level of 18800. We had a nice smaller TF ABCD overnight and are moving up from that. Looking for more upside today.

#BTC scalp watching #BTC here for a scalp long, risky tbh i really dont like it on daily & weekly chart

📈Bitcoin Next Stage 75K? / Trading setups (Updates soon)📉BINANCE:BTCUSDT COINBASE:BTCUSD Hello dear traders. A few hours ago, before I left the Bitcoin analysis chart. I drew two bullish and bearish scenarios for Bitcoin. Despite being late for a valid entry, I still think Bitcoin will go near the $75,000 level before the price correction. However, in the current situation, Bitcoin should not go back below the pitchfork nearest line (blue line). A bearish scenario could happen sooner if Bitcoin returns below the indicated blue line. ✌💥I

by UnknownUnicorn18258085

ERL to IRL 4hr - EURUSD price pushed up to clear external liquidity for the opening of london session, will be looking to short to have price come back to internal liquidity of the 4hr FVG

by toxicbitcoin

PYTH - new ATH, can this coin 20x in 2024?Technical analysis PYTH looks absolutely strong! This coin is listed on all major exchanges and is pretty easy to buy. Why do I think this coin is bullish? We can see that the price is going up after the listing on exchanges, which is a strong sign of interest. It will hit a new all-time high pretty soon, and after that, it can skyrocket. The accumulation phase should be completed, and we are ready for price discovery in 2024. Let me know what you think about my analysis, and please hit boost

Mask - ready to start an inrcedible uptrend Mask is ready to start an incredible uptrend; at least, this is what my analysis suggests. We can see that the downtrend ended with the descending parallel channel, and now the whales are accumulating contracts in this rectangle pattern. You can either wait for a breakout or buy a small correction. 471% profit is the minimum you want, but I believe we are going to go much higher than that. Let me know what you think about my analysis, and please hit boost and follow for more ideas. Thank you, an

btc 15m A bullish idea after a nice three drives move and after a ''fail to break'' the lower low , showing strength for a move upwards

by DouramanisNikos

BTC Short setup for this end month BTC failed to cross 53k level again & again. Due to weekend & end of the february month, we expect a major drop up to 44k level.

EURCAD, good area for a short with tight stop loss Notice the area of Resistance. Also, the price already moved a few times in equal measured moves. Also, price is at the 200 EMA of the 4-hour chart. That might be an area for an excellent risk-to-reward trade, although at the moment looks like the price is making higher highs and higher lows. We might wait for the price to do a fake-out move down on maybe the 1-hour chart or enter at the level with a tight stop. Observing - mindfull of the news coming in 3 hours - Inflation Rate YoY. News tra

by TheSpringHunter

Both side scalp trade nifty & bank nifty live trade What is Bank Nifty and How Does It Work? Bank Nifty is an index that tracks the performance of banking stocks listed on the NSE. It provides insights into the overall …

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by Vishalatul097

Usoil long term target Western Texas Intermediate, the US crude oil benchmark, is trading around $77.50 on Friday. WTI prices edge higher after the weaker-than-expected US Retail Sales data raise hope that the Federal Reserve will soon start cutting interest rates in coming months. WTI rebounds to $77.50 amid US dollar weakness, geopolitical risks R3 West Texas Intermediate (WTI) Crude Oil rebounded on Thursday, catching an upshot into $77.50 per barrel and slamming back into a technical congestion zone on the char

TSLA 3 Drives Pattern Possible targets if this plays out. Everyone and their mama saw the IHS playing out today. Earnings gap is almost filled. Perfect 1.27 fibs on the bullish 3 drives pattern. Expect some swings on the way up, it may take some time. .5 Fib from high of 1st drive down to bottom of 3rd drive has been a historically difficult level. Invalidated if we drop below 175 area. Bullish flow today from options, but also two massive blocks of deep ITM puts purchased. Timing of completion is unknown, could take