Is This 3 Drive ?
Hello Sive - I find your video's totally fascinating and I am now hooked on the daily travails of EUR/USD and also on learning technical aspects. I could not see a 3 drive pattern in 1hr as eurusd approached 1.2600 but the 15min chart looked more interesting - would the attached be a valid 3 drive pattern?. I have not checked the Fibonacci ratios of the legs but if they did work out OK how does the pattern look? - it seems reasonably symmetrical but does 15m count?
All the best
P
Hello Sive - I find your video's totally fascinating and I am now hooked on the daily travails of EUR/USD and also on learning technical aspects. I could not see a 3 drive pattern in 1hr as eurusd approached 1.2600 but the 15min chart looked more interesting - would the attached be a valid 3 drive pattern?. I have not checked the Fibonacci ratios of the legs but if they did work out OK how does the pattern look? - it seems reasonably symmetrical but does 15m count?
All the best
P