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.