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Three drive reversal pattern
Bitcoin
Short
Three drive reversal pattern
By ThevwapTraderSwingart
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Oct 3, 2021
2
Oct 3, 2021
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.
Chart Patterns
ThevwapTraderSwingart
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