All language subtitles for 3. The 3 Drives Pattern--- [ DevCourseWeb.com ] ---

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Would you like to inspect the original subtitles? These are the user uploaded subtitles that are being translated: 1 00:00:00,550 --> 00:00:03,670 Model four point three three drafts better. 2 00:00:04,240 --> 00:00:12,650 Another classic tactic now is pattern that can give us a clue to the change of direction buyers like 3 00:00:12,650 --> 00:00:14,900 the name. 4 00:00:15,780 --> 00:00:26,970 It's basically priced Parenthood makes two pushes to the downside or the upside before reversing. 5 00:00:27,200 --> 00:00:36,880 This march to turn it here to one two three. 6 00:00:37,000 --> 00:00:48,600 Just a simple Petar and data versus And the opposite for a trend. 7 00:00:48,860 --> 00:00:57,040 And this middle line marks the turn right here knowing this pattern will give us a heads up once we 8 00:00:57,040 --> 00:00:59,110 see that three pushes of the upside. 9 00:00:59,430 --> 00:01:07,970 We can then expect prices to turn around here especially if this coincides with the nice supply we'll 10 00:01:08,030 --> 00:01:09,020 hear. 11 00:01:09,250 --> 00:01:15,580 If you just Google the three dress pattern you'll see a similar image to this. 12 00:01:15,670 --> 00:01:22,870 Basically they've gone tactical here and this pattern shows that the push is the upside. 13 00:01:23,840 --> 00:01:26,870 Are an extension of this length here. 14 00:01:26,950 --> 00:01:34,870 It's a 1.2 7:2 extension and the pullback it's 0.6 wany sixty one point eight retracement. 15 00:01:35,190 --> 00:01:41,870 I don't usually measure out my moves by as long as I see three push us to the upside and downside that's 16 00:01:41,870 --> 00:01:46,250 about these measurements I would consider it a valid petar. 17 00:01:47,070 --> 00:01:50,460 Jim we have a chart of the dollar cat. 18 00:01:52,030 --> 00:01:56,280 And here is true dress pattern. 19 00:01:56,650 --> 00:02:09,990 First push second push third push right here kiddies or not one point to seven extensions of the previous 20 00:02:11,130 --> 00:02:12,540 wave. 21 00:02:12,900 --> 00:02:16,620 But I consider them to be a valid pattern anyway. 22 00:02:18,310 --> 00:02:27,890 When used in conjunction with the right level of support or demen you could use it as an extra edge 23 00:02:28,550 --> 00:02:31,930 to give you a clue that price may change its direction. 24 00:02:31,940 --> 00:02:36,000 Here's another one. 25 00:02:36,160 --> 00:02:43,350 First Polish second push turn on. 26 00:02:43,890 --> 00:02:46,480 Looking at this whole move here. 27 00:02:46,590 --> 00:02:56,090 This is a corrective wave to impulsively if you're sort of does read Grant's pattern coincides with 28 00:02:56,720 --> 00:03:01,870 the corrective wave which is a wave that we used and turn on pullbacks. 29 00:03:03,140 --> 00:03:13,370 It's the same case here that you can see the extended period of trend and this is the pullback the retracement 30 00:03:14,780 --> 00:03:17,970 OK guys let's move on to the next one to you. 3005

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