Three Drives Pattern
Three-Drive
The three-drive pattern is a lot like the ABCD pattern except that it has three legs (now known as drives) and two corrections or retracements.
Easy as pie! In fact, this three-drive pattern is the ancestor of the Elliott Wave pattern.
As usual, you’ll need your hawk eyes, the Fibonacci tool, and a smidge of patience on this one.
The three-drive pattern is a lot like the ABCD pattern except that it has three legs (now known as drives) and two corrections or retracements.
Easy as pie! In fact, this three-drive pattern is the ancestor of the Elliott Wave pattern.
As usual, you’ll need your hawk eyes, the Fibonacci tool, and a smidge of patience on this one.
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Clause de non-responsabilité
Les informations et les publications ne sont pas destinées à être, et ne constituent pas, des conseils ou des recommandations en matière de finance, d'investissement, de trading ou d'autres types de conseils fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.