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Three Drives

ETHUSD - 15m Three-Drives, SMA 50, and 100. Some Recent 15m price action analysis with Bearish Three-Drives Pattern . I think the SMA 100 will come into play after the next leg up. The SMA 50 is also standing by on the Daily, noted on the recent Bullish action Sunday Evening with quick profit taking. Bulls will need a great deal of momentum here to break SMA 50, 100 , and the Downtrend Line in place from September. A correction may be on the horizon - keeping price action in a daily Bullish Butterfly that looks to have started developing around Dec. 15th 2018. Bullish Butterfly: Good Luck Traders!
COINBASE:ETHUSD
by MrJEB
Three Drives December HogsWe may have a three drives on December Hogs. Fail today at third top. New pivots will be coming tomorrow and pivot will rise slightly overall. S2 will be higher, so not sure now much this may fall. Need confirmation tomorrow. We also have a twin tweezers top rejection. R2 becomes resistance at 63.775. R1 has been breached at 63.275. Pivot is next target for bears at 62.475. Hog market in lead April is continuing a down move to double bottom and hog index is falling and now nearing 57.
CME:HEZ2019Short
by hopscotch
We Called It! Want to Join the RALLY Party? [help inside]Don't freak out. If you missed our call to buy the bottom at $3150 (Yes we did!) Here's how you can get back in the game. Three Drives (Rally) Pattern: Shorts are being squeezed and shorting again (trying to find the top) Bulls are actually buying (unlike the April short squeeze) Third rally is for the FOMO buyers, and they will get their "shorts" (ahem) handed to them Warning Sign, large candle wick buy back on the drop Too risky to buy in here, not sure how high the final rally will go Too risky to short the top, might go past our number before coming back down Buying in: Limit buy down from $3,800 to $3,500 and viola... HODL till $5,800 and you're making 30-40% returns! You're Welcome, -racethehair
COINBASE:BTCUSD
by racethehare
8
When everyone screams recession; run the other way!You've heard it so many times "greedy when others are fearful", but fear takes hold and sways your judgement. What are the common sense clues? The talking heads are trying to "call" the recession before it happens simply for an "I told you so" moment, but where were they before 2008 and earlier? Why can't we make some serious profits after 10 years of an absolute garbage economy? Headlines for the past two years have been all about Elon's gaffs Very few called the recent FANG "crash" All of the technicals are moving in the right direction Fundamentals are easy... when EVERYONE is calling for a recession, we know the opposite will unfold FINALLY: Show me an historical All Time High back to the great depression, then show me breaking that ATH, finding support, and it not creating a new bull run. The trend is your friend and stocks are in full bull mode with no signs of reversal. -racethehair
DJ:DJILong
by racethehare
14