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im i right?
Daily chart. Short. This is the Three-Drive pattern. The time it takes the price to complete drive 2 should be equal to the time it takes to complete drive 3.
Risk/Award is 1;3. Daily chart. April, point A is where the first low swing was. The retracment happened within the inside bar (motherbar) indicating a reverse of trend. Took another high swing creating a double top, reverse of trend.The second high top couldn't break the first price action (0.935) which shows how strong this is. However, once price reaches point ...