15 Minute 1-2-3 Continuation Buy Signal
Table of Contents
The 1-2-3 continuation buy is a common chart pattern. There are many sources of information for trading this pattern, including our friends at Pristine.com. A typcial interpretation is listed below.
Setup: Bar 1 is a tall green bar. Bar 2 is much smaller. Bars 1 and 2 form a mini-double-top.
Action: Buy as soon as the price crosses the top of bars 1 and 2. Place a stop loss at the bottom of bar 2.
Alert Info for 15 Minute 1-2-3 Continuation Buy Signal [C1U_15]
- description = 15 minute 1-2-3 continuation buy signal
- direction = +
- keywords = Candle Pattern Single Print Fixed Time Frame
- flip_code = 15 minute 1-2-3 continuation sell signal [C1D_15]
- parent_code = C1U_2