•Most of us expect trends to end in some epic buying/selling climax (i.e. Parabolic blow off) However, this isn't always the case.
•There are other types of climaxes and one of the more commons ones is the three drives pattern.
Concept:
The market has been making new highs at a somewhat steady pace before suddenly rapidly picking up pace. New highs begin forming after small retraces. These frequent drives to new highs suggest franctiness amongst buyers. Eventually, the built-up pressure is released.
Jul 15, 2018 • 8 tweets • 3 min read
Collective thread of my cliff-notes & highlights for #StudySaturdays
I’ll be pinning them in this thread as I complete books/information.
We're all gonna make it, brah. Collectively.
Like & share if these helped.
I will begin adding #TATips to this thread to make it easier to sort through my page for helpful info.
