3 Drives Chart Pattern Technical Analysis:
The three drives pattern is a reversal pattern characterised by a series of higher highs or lower lows that complete at a 127% or 161.8% Fibonacci extension.
It can signal that the market is exhausted in its current move and a possible reversal is about to occur on the price chart. The bullish version of the pattern can help to identify possible buy opportunities and the bearish version can help to identify possible sell opportunities.
This video helps you to:
How to identify the three drives pattern
How to trade using the three drives pattern
How to place your stop loss using 3 drives pattern
How to place your profit target using 3 drives chart pattern
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Disclaimer:
This video is for educational purpose only.
