The Three Drives pattern is a harmonic reversal pattern with three successive extremes (drives) and two corrective waves between them. Each drive extends to approximately the 1.27× or 1.618× Fibonacci extension of the prior correction. The third drive is the completion and reversal zone.
Enter at the completion of Drive 3 (the Fibonacci extension zone). Stop beyond Drive 3 by 1–2%. Target: 38–61.8% retracement of the entire Three Drives pattern.
EdgeOS integration: look for momentum confirmation in the direction of the breakout via SCTR and EdgeOS counts to align the pattern signal with the EdgeOS system for highest-conviction entries.
No active Three Drives Pattern detections in the last 48 hours. Check back after the next nightly scan (Mon–Fri, 9:30 PM ET).
The Three Drives pattern is a harmonic reversal pattern with three successive extremes (drives) and two corrective waves between them. Each drive extends to approximately the 1.27× or 1.618× Fibonacci extension of the prior correction. The third drive is the completion and reversal zone.
Drive 1: initial impulse leg Correction 1: retracement of 61.8% of Drive 1 Drive 2: extension to 127% of Correction 1 Correction 2: retracement of 61.8% of Drive 2 Drive 3: extension to 127–161.8% of Correction 2 — reversal zone
The Three Drives Pattern has a historical win rate of 57% when traded correctly with volume confirmation and proper stop placement. Average bars to target: 14. Always combine with trend context and market regime for best results.
No stocks are currently showing a high-confidence Three Drives Pattern. TraderValue scans 1,500+ stocks nightly and updates detections after market close.
See every active detection with confidence scores, SCTR, and chart links — updated nightly.
Pattern detections updated nightly · For informational purposes only · Not investment advice