
This price action trigger a new perform.
Drive 1 (black)
Drive 1 already complete with 1.272 as projection.
Drive 2 (blue)
After reach drive 1 projection, drive 2 perform.
If able to reach and bounce at drive 2 support at 3839,
it will confirm drive 2 pattern with projection at 3977
Drive 3 (red)
After reach drive 2 projection at 3977,
sometimes it perform a very strong (single candle dump) with target at drive 3 support at 3796
and finally perform wave to reach drive 3 projection at 4027 to complete “3 drives pattern”
this pattern will failed if :
* Drive 1 projection break up before hit drive 2 support
** Drive 2 support break down
note :
if you agree with this pattern, let me know by click “like” button.
Published at Mon, 11 Mar 2019 06:36:36 +0000