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123 Forex Chart Patterns Strategy
This is a pattern strategy in where you will use a 15 minute timeframe or higher, and the 1-2-3 setup is just one of many formations you can review in our chart patterns cheat sheet. You can use this in all currency pairs.
Forex Indicator:
- 1 2 3 Pattern
Enter Long:
- When the price breaks level 2 going up.
Enter Short:
- when the price breaks level 2 going down.
Exit position :
- Stop Loss on the Fibonacci level retracement 38,2 or 23,6.
- Target Profit 161,8 Extension
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