Was looking at the local range on #BTC here and decided it was a good moment to look into Three Drives Pattern a bit deeper.

As usual with these chart patterns, they get validated by volume. Any chart pattern that doesn't have a volume indicator on it, is something between copium and larpism.

TLDR:
- First drive sets the trend, doesn't take liquidity
- Second drive takes first drive liquidity and can take some higher timeframe liq, volume should be lower than first drive
- Third drive takes second drive and key level liquidity, on lower volume.

Posted the chart and deeper explanation on @Tealstreetio's tradingview page:
#BTC