Harmonic and chart patterns
Three drives pattern
Three pushes in the same direction, each separated by a pullback, often with Fibonacci proportions: a sign of exhaustion.
用通俗的话解释
When the market keeps pushing to new highs in three similar steps, each needing a pullback to gather strength, the trend is often running out of energy.
计算方法
Click the start, drive 1, pullback A, drive 2, pullback B and drive 3. The tool shows each leg's ratio to the previous one. After B it draws where drive 3 is likely to end (1.272 or 1.618 × the pullback); after drive 3 it draws the targets (back to B, then back to A) and a stop at 1.272 × the last drive.
Pullbacks A and B usually retrace 0.618–0.786 of the drive before
Drives 2 and 3 usually extend 1.272–1.618 of the pullback before如何使用
- After the third drive, look for a reversal, especially with divergence on an oscillator.
得出结论
- The more symmetrical the drives in size and time, the more classic the pattern.
示例
A stock makes three highs about two weeks apart, each 1.27 times the previous pullback, while RSI makes lower highs: a three-drives top.
示例中的价格仅作说明。
注意事项
- A fourth drive is possible; wait for a break of the last pullback low.
一点历史
Described by Larry Pesavento among others in the harmonic trading tradition.
仅供学习参考。 没有任何指标或形态能预测未来，本页内容均不构成投资建议。