🔵 Introduction
The "Three Drive" pattern is a well-known formation in technical analysis, recognized for its ability to signal potential trend reversals in price action. Within the realm of trading, particularly in the context of "Reversal Patterns," the Three Drive pattern holds significance as a reliable indicator of shifts in market sentiment.
🟣 Bullish 3...
🔵 Introduction
The "Three Drive" pattern is one of the light "RTM" setups suitable for identifying price trend reversals. For this reason, this pattern is considered one of the "Reversal Patterns."
🟣 Bullish 3 Drive
At a price bottom, a formation occurs where the negative trend appears to continue, and lower lows are made.
However, the second low penetrates...
Harmonic patterns make up a major part of the many patterns traders use to make investment decisions. The following tool aims to automatically categorize which XABCD harmonic pattern is highlighted by the user and to alert when the price reaches the PRZ or D point.
The tool can categorize Bat, Gartley, Butterfly, and Crab patterns.
Settings
XA Precision:...
![EURJPY: Smart Money Setup 04 [TradingFinder] Three Drive (Harmonic) + OB](https://s3.tradingview.com/t/tM5YhzYo_mid.png "Smart Money Setup 04 [TradingFinder] Three Drive (Harmonic) + OB")
![XAUUSD: Three Drive [TradingFinder] 3 Drive Harmonic Pattern Indicator](https://s3.tradingview.com/9/9fyVo79F_mid.png "Three Drive [TradingFinder] 3 Drive Harmonic Pattern Indicator")
![MATICUSD: Harmonic Pattern Detection [LuxAlgo]](https://s3.tradingview.com/i/IfTGj063_mid.png "Harmonic Pattern Detection [LuxAlgo]")
