Waite–Smith, Wands
Three of Wands

What you can see
A cloaked figure stands with their back to the viewer beside three staffs, looking over water and small ships.
What Waite says
Waite identifies the ships as the figure’s merchandise and reads established enterprise, commerce and useful cooperation. Ownership of the ships is his explanation, not something their small silhouettes can establish alone.
Waite · Part III, §2 · printed p. 192 ↗Edition and image credits
Pamela Colman Smith, illustrations in The Pictorial Key to the Tarot, Rider 1922 reprint, first published 1910. The scans keep the printed borders and page marks, with no cropping or recolouring.