3 Bar Reversal Pattern strategy
Great to trade the M.A.T. strategy or three bar reversal pattern. Measure-Apex-Trigger (three bars)
Find an establish trend either bearish or bullish.
This reverses trend into a new trend into other direction
Rules:
1st candle: Measure Bar- last trending candle before low of trend (apex candle)
2nd candle: Apex Bar (lowest bar in downtrend or highest bar in upper trend)- used to enter new trend going opposite direction
3rd candle: Trigger Bar- makes a new high into bullish trade or new low into bearish trade.
Use Apex bar (lowest candle) open for reversal trades going against established trend into new direction
Chart example is 1 hr on EurAud would have give you a 1:2 setup of risk/reward using right risk management during this bullish trade today.
Great to trade the M.A.T. strategy or three bar reversal pattern. Measure-Apex-Trigger (three bars)
Find an establish trend either bearish or bullish.
This reverses trend into a new trend into other direction
Rules:
1st candle: Measure Bar- last trending candle before low of trend (apex candle)
2nd candle: Apex Bar (lowest bar in downtrend or highest bar in upper trend)- used to enter new trend going opposite direction
3rd candle: Trigger Bar- makes a new high into bullish trade or new low into bearish trade.
Use Apex bar (lowest candle) open for reversal trades going against established trend into new direction
Chart example is 1 hr on EurAud would have give you a 1:2 setup of risk/reward using right risk management during this bullish trade today.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.