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IAmSatoshi
30 Dis 2016 pukul 21.19

Bearish 3 Drives 

Bitcoin / U.S. dollarBitstamp

Huraian

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"Sell with Resistance" can look like - shooting star, tweezer top, head and shoulders, bearish divergence, etc.

I haven't found much online regarding targets of the pattern once the 3 drives completes. As always, let it go and use your stop system.

Komen

3rd drive target hit

I expect short accumulation in this zone

Komen

went much higher on the 4th wave

then hit bearish target on the way down
Komen
ValdeanoFX
damn you're so right
filbfilb
Massive fan of your teaching on youtube especially with the cloud

Pleased ive finally started seeing things in a similar way and am making money as a result.



Many thanks Josh.
IAmSatoshi
@filbfilb, awesome - glad to hear that you enjoy the content and are making money!
ambrosia
You aren't expecting a 3 "dives" pattern, are you?
willymoron
Ok that is played out but what's next? The pump & drop was so messy and uncomfortable. Somebody I wouldn't name was stopped out on one exchange and autodeleveraged on another one.
IAmSatoshi
@willymoron, next step is watching and waiting for a week b/c it will probably continue to be volatile.
Lebih