. 1-2-3 bullish or bullish
Item 1: The prices marked a level lower prices
Item 2: Fixed price, the price retraces upwards and mark a price level above
Item 3: The action of price forms a new swing and mark a level lower prices above the level of point 1
the price fails to break the level of point 1
the level of point 2 represents a resistance level
1-2-3 bearish or bearish
item 1 the course price represents a price level above
Item 2: Fixed price, the price retraces down and mark a level lower prices
Item 3: the price action forms a new swing and brand level highest price below the level of point 1
the price fails to break the level of point 1
the level of point 2 represents a support level
a level of resistance / support is drawn to the point 2 of the pattern
included
123PatternsV6.mq4
123PatternsV6.ex4
Broker Exchange - Broker Online : Metatrader MT4 Trading platform
Interpretation Signals And Rules Of Trading
- Buying Signals: bullish market
. Formation 1-2-3 bullish pattern: buy the break of the resistance level of point 2
- sell signal
. Formation 1-2-3 bearish pattern: sell the break of the point 2 support level
Learn more about the rules and trading signals:
Exchange Trading - Technical show123v2
Exchange Trading - Technical 1-2-3 Pattern MTF v3.1
Graphic Exchange - Trading Analysis
Trade Example
Exchange - Trading forex currency
symbol EUR / JPY
Time Frame / UT: 1 Hour - H1
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