All language subtitles for 4. The 123 Pattern--- [ DevCourseWeb.com ] ---

Mario 4.4 as the 1 to 3 pattern there's just another press pattern that happens on the extremes and

it's also a reversal.

Petar can let's draw it one two three pattern that happens in the bottom.

Just one two three.

So here's one two three.

Pay attention to this area here which was engulfed that does the term we use when Price makes a higher

high and went past this point.

In a classic 1 2 3 pattern wave 2 that's the end of the previous high here before making a pullback.

That does not go past this point right.

So perfect entry would be somewhere around here.

Or right there.

I'd like to enter on pullbacks so we could use a tighter stop loss and a dry start of trend

one to three.

Same thing pay attention to when price breaks the previous low cost because we don't try to happen there

needs to be new lower lows and low highs.

Although they were low and so and in this pattern this is where the first low high is created.

Right.

This is the beginning of a new trend right here.

So here's one two and three.

As long as what number three does not exceed the highs of point number one.

It's about parents.

Two we have a pattern here.

See you can identified

one or to

three this is not a valid one to three parent because Number two here did not go this point.

Right.

Pay attention this is not a very better day versus anyway.

And the pattern it's giving me is actually more of a range.

OK.

All right here's one one

two

three.

You could look for entries to several here where it used to be resistance support which is what we call

a swap zone and expect price to react to it.

Tactically correct stop loss placement is above this point.

But that would give you a really wide stop loss and it won't let you have a good water restraint.

So later on when we go over and trees we will show you how we can look for trisection here and also

teach you how you can put a stop loss just above the turning point here.

But for now we'll stick with the Patridge not the one here.

One

two

and three whoops

OK in this case.

Wave Number two is somewhat equal to the previous lows but you could use your discretion at times and

consider this to be a valid Keiko's different broker feats may vary and in some brokers you might actually

see Presa exceeding those here.

And just to go over what we've learned in the past and as you can see here this fall move basically

fake out trash just shut the upside heart stopped tour reverses and come back to retest the line here.

Which is where the real sell orders are sitting on see how this works here immediately gets rejected

and then making the push up the

OK here's another one.

One two three game technically does not want two three pattern because trysted not angles the previous

highs Instead what we have is just a rectangular range game to fake out the bottom here.

Let's take some bow.

One two three classic red one two and goes higher.

OK Gersh we'll be able to spot these patterns.

They're not too hard to find.