Perfect 3 drives> Trade still active > May DB for a Re Entry
the critical aspect of this pattern that each drive complete precisely at consecutive harmonic ratios - either a 1.13, 1.27 or a 1.618. Also, the price legs should possess clear symmetry with each drive forming over equivalent time periods.
the bullish three drives pattern offers a potential reversal point for a bearish market after forming three consecutive bottoms.
the bullish three drives pattern offers a potential reversal point for a bearish market after forming three consecutive bottoms.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.