SignalSwiss

EDUCATIONAL: 3 Drive Pattern

FX_IDC:EURUSD   EURO / US DOLLAR
1818 2 54
The 3 Drive pattern is a 5-leg pattern. In a perfect 3 Drive pattern the XA leg will be a 0.618 to 0.786 retracement of the OX leg, the AB leg will be either a a 1.272 or 1.618 extension of the XA leg, the BC             leg will be a 0.618 to 0.786 retracement of the AB leg, and the CD leg will be either a 1.272 or 1.618 extension of the BC             leg. Also, the three drive legs (i.e., OX, AB, and CD) should form in about the same number of bars.

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KaKa
a year ago
Like...
+3 Reply
CajunXChange
a year ago
Why are the measurements reading 1.36?
+2 Reply
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