hello guys.
Pattern: The chart shows a potential "Three Drives" pattern forming, a bullish reversal pattern.
First Two Drives: The first two drives have been completed, with the price bouncing off the trend lines.
Current Position: Price is near the bottom line of the channel after a "hunting candle," suggesting a potential third drive.
Outlook: If the pattern completes, a strong move to the upside toward the projected third drive target is possible.
Summary
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✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
Pattern: The chart shows a potential "Three Drives" pattern forming, a bullish reversal pattern.
First Two Drives: The first two drives have been completed, with the price bouncing off the trend lines.
Current Position: Price is near the bottom line of the channel after a "hunting candle," suggesting a potential third drive.
Outlook: If the pattern completes, a strong move to the upside toward the projected third drive target is possible.
Summary
- Pattern: Developing "Three Drives" bullish reversal.
- Support: The price is near the bottom trend line.
[*]Potential Move: Anticipating a third drive upward.
___________________________
✓✓✓ Always do your research.
❒❒❒ If you have any questions, you can write them in the comments below, and I will answer them.
❤︎ ❤︎ ❤︎And please don't forget to support this idea with your likes and comment
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
👉 My recommended broker: bit.ly/HYMCMELI
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
____
Telegram: t.me/melikatrader94
Forex: t.me/melikatrader94GoldForex
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.