I hate to disagree here, but 7.4 volts will not be enough to run three Cree LEDs in series. When Leds are in series configuration, the amperage is does not change, however the voltage is added up. So if you are using two greens and a white, that is 3+3+4=10 volts. I would use three 3.7volt batteries in series to drive your LEDs. On the other hand, if you do as Silver Serpent says and only use two LEDs, the 7.4 volt pack will be fine.
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