3 Bar Reversal Pattern You Could Profit From

[@AkiraFutures]

I like the idea of exiting once price closes below the 2nd candlestick. I was wondering about this and glad you mentioned!

[@andrealexandru]

Yes I do use, basically its the "first candle makes a new high" pattern + the confirmation of the close above of the middle of the first candle. You mention something useful here, to pursue this pattern at the end of trend, to look for it at the lowest or highest day price. Great video

[@Netpicks1]

Thanks. We really don't know we are at the end of the trend...until it turns. However, there are some general places we can monitor and that would be at obvious previous turning points.

[@newenglandvermont3848]

I trade this pattern on the 5 min chart, I usually get 1% of my account daily trading this simple pattern...

[@Netpicks1]

Simple often works...no question!

[@DippySippy]

What rules

[@Netpicks1]

Do you use patterns like the 3 bar reversal in your own trading?

[@bhaukharde9349]

what time frame.. 1 hour or 15 min?

[@Netpicks1]

Doesn't matter but whatever time frame you choose and test with, it has to be in your trading plan

[@gaithalbadarin6774]

Thank you

[@bhaukharde9349]

Thanks

[@ronniedavis1873]

Thanks

[@Netpicks1]

No problem