1. Hello Guest Click here to check FX Binary Point Financial Directory

123s Higher Lows and Lower Highs Pattern

Discussion in 'Candlestick Patterns' started by Sandra S., Oct 23, 2015.

  1. Sandra S.

    Sandra S. Forum Member

    Sep 1, 2015
    Likes Received:
    This pattern can also be a continuation pattern, but at the top or bottom of a trend this pattern provides a good confirmation of the direction change. The "3" point is a failed retest of the previous High or Low. The failure of the test signifies the change from a Bull market to a Bear market and vice versa. The "3" point can also be referred to as a Higher Low or a Lower High. This pattern is very useful for finding a trade entry when there isn't a CI system entry.



Share This Page