123 Patterns V7 alerts Forex indicator technique (MT4)
The technical indicator MT4 123 Patterns V7 alerts automatically identifies the chart Figures price or bullish pattern 1-2-3 or Baissieres.
. 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 prices above 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
a trading alert is provided in case of buy signal / sales
Broker Online - Broker Exchange : platform Metatrader MT4 Trading
Interpretation Rules - Signals From Trading
* Buy signal: Forecasts trend bullish
. Formation 1-2-3 bullish pattern: buy the break of the resistance level of point 2
* Selling signal: bearish trend forecast
. Formation 1-2-3 bearish pattern: sell the break of the point 2 support level
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Symbol - Swap FX EUR / JPY
Time and Time unit UT - Time Frame: 1 hour H1
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