3 Bar Pullback Forex Chart Patterns Strategy

This is a strategy where it works on a 1 hour timeframe and higher and applicable to all currency pairs.

Forex Indicators:

• 3 bar pullback;
• Parbolic Sar (0.2, 0.05).

Long Entry:

• The signal buy green of the 3 bar pullback indicator is confirmed by dot of the Parabolic Sar below the bar.

Short Entry:

• The signal Sell red of the 3 bar pullback indicator is confirmed by dot of the Parabolic Sar above the the bar.

Exit Position:

• Place stop Loss on the supporte indicated by 3 bar pullbact (to see example).
• Profit target: ratio 1/3 Example if stop loss is 100 pips the PT is 130 pips.

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