MOG is showing a textbook Livermore Speculative Pattern right now, and it's looking super bullish. For those who aren't familiar, this pattern is known for leading to explosive moves, and all the signs are pointing towards another big leg up. We've already seen the initial accumulation and breakout, and now we're in the reaction phase—exactly what you want to see...
Weekly chart of my idea for Livermore Cylinder accumulation cylinder.
Price action looks like a Livermore Accumulation Cylinder. Keep an eye out on the price action for the next 2 weeks to see what happens.
Market hasn't favored the breakout stocks but PSX has continuously shown strength and finally broken out from a nice triangle consolidation pattern since 2020. Livermore effect with 100 magnet and then some if trade plays out. Nice volume uptick past weeks and RSI bullish confluence I'm long JUN 100 calls , stop at 50% premium.
So I'm most of the way through Jessie Livermore's classic books on audible Reminiscences of a Stock Operator & Jesse Livermore’s Methods of Trading in Stocks . Looking back at this FMG chart could this be considered a Livermore accumulation cylinder? Love to know your thoughts! Comment / Find me on Twitter.
I suspect Livermore's "Widening Mouth" theory is in place and $32 is the lowest possible price
More than 50 pints given 8 hour in advance and growing.
190 points or US$9500 opportunity per contract!! in just 20 hrs, best day of trading of my life since I ask my self how can I trade? in march 2020 when pandemic started.
190 points or US$9500 opportunity per contract!! in just 20 hrs, best day of trading of my life since I ask my self how can I trade? in march 2020 when pandemic started.
The price action of Bitcoin of the past few months is very similar to the accumulation cylinder from Livermore’s Speculative Chart. According to the chart, Bitcoin could be in the last stage of the accumulation before it takes off. Step 8 is only there for reference and is NOT a price target.
ROSE/BTC looking good for continued upwards movement: A Livermore cylinder has been printed with increasing volume on the price rises (indicated by the + signs) and the decreasing volume where the price falls (indicated by the - signs). Once the 7 wave finishes and price holds above the 0.236 Fib retracement line, we can expect the violent 8 wave to transpire...
OCEAN/BTC looks primed for price increase here: A near picture perfect Livermore accumulation cylinder has been printed and is stalling before its next leg up, the 8 impulse wave, which in Livermore cylinders is one of the two most violent waves. Price has increased on increasing volumes (indicated by the + signs) and has decreased on decreasing...
SNX/USD may be in a Livermore Accumulation Cylinder (just getting in to this technique, if anyone can link me to the best Livermore Cylinder learning material that would be greatly appreciated.) We see the trend being respected on both diagonals. Jesse Livermore traded by the rule as well to determine whether he was on the right side of a bullish trade,...
Hi All, Lets play a scenario that is likely to happen, which has repeated many times over in the history of BTC > both Macro and on the micro level (H & S). In this chart above, I have both the Livermore speculative chart along with the Head and Shoulders formation. I will likely not get the price levels right but I am comfortable with the thought that a similar...
Good luck, gonna be some interesting years. pixiutrades.files.wordpress.com
Speculative Livermore's cylinder with widening mouth spotted on ETH/USDT Daily chart.
XLM possibly forming an accumulation cylinder (with widening mouth) pattern. Its now or never, will it bounce on the trend line (number 7 on chart) and take off? Time will tell
Bluzelle is another coin that appears to be forming an accumulation cylinder. TP1: 0.00000750 STOP: Close under bottom white line Prices are likely to continue higher long term if alts continue to rally.