Search
Products
Community
Markets
News
Brokers
More
EN
Get started
Community
/
Ideas
/
Potential 1,2,3 Reversal Pattern in Play
Euro / British Pound
Short
Potential 1,2,3 Reversal Pattern in Play
By TaherJalili
Follow
Follow
Sep 28, 2020
5
Cheer
Cheer
Sep 28, 2020
Price on this pair is in the last stages of attempting to form a 1,2,3 reversal pattern.
After forming the lower high, price is now looking to test the daily chart support level.
If this level breaks and the 1,2,3 pattern gets confirmed, then all the momentum would be lower.
This would open the way for a lot of potential short trading opportunities.
123pattern
Chart Patterns
Trend Analysis
TaherJalili
Follow
Follow
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the
Terms of Use
.