What is a triple harmony pattern?

<p id="isPasted">The term "triple harmony pattern" is not a standard, widely-recognized term in technical analysis literature or among most trading professionals. It appears to be a misnomer or a colloquial term for a type of harmonic pattern that involves three key movements or points.&nbsp;</p><p>The most likely intended reference is to the Three Drives pattern or the ABCD pattern which are well-known harmonic patterns that utilize three price movements to predict reversals or continuations.&nbsp;</p><ul><li id="isPasted">Three Drives Pattern: This is a harmonic reversal pattern made of three consecutive, symmetrical price movements (drives). It looks like a series of higher highs (in a bullish version) or lower lows (in a bearish version) and uses 127% and 161.8% Fibonacci extensions to identify a potential reversal zone (PRZ) at the third drive.</li><li>ABCD Pattern: This is arguably the most basic harmonic pattern, consisting of three price movements (legs: AB, BC, CD) and four points (A, B, C, D). The BC leg typically retraces to a 0.618 Fibonacci level of the AB leg, and the CD leg is often equal in length and time to the AB leg. Traders look for a reversal at point D. </li></ul>