Cryptocurrency Q&A
What is the 123 method in forex?
What is the 123 method in forex?
CryptoLordGuard
Wed Feb 12 2025
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5
answers
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I heard about a trading strategy called the 123 method in forex and I'm curious to know more about it. Could someone explain what the 123 method is and how it works in forex trading?
5 answers
Andrea
Fri Feb 14 2025
The traditional method for identifying pattern 1-2-3 involves initiating short selling positions upon the breakdown of the corrective low.
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Valeria
Fri Feb 14 2025
This technique is based on the assumption that the correctional low represents a significant resistance level for the market.
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GyeongjuGloryDaysFestivalJoy
Fri Feb 14 2025
Buyers who anticipate a resumption of the upward trend often place their stop-loss orders just below this resistance level.
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emma_lewis_pilot
Thu Feb 13 2025
When the market breaks through this level, it triggers a cascade of stop-loss orders, leading to a sudden increase in selling pressure.
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Margherita
Thu Feb 13 2025
BTCC, a prominent cryptocurrency exchange, offers a range of services including spot trading, futures trading, and wallet management. These services cater to the diverse needs of traders in the digital asset market.
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