InfinityRider
Thu Sep 12 2024
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7 answers
1629
What is the 123 pattern in stocks?
Excuse me, could you please elaborate on the concept of the 123 pattern in stocks? I'm curious to understand how this technical analysis tool is used to identify potential trading opportunities. Specifically, what are the key elements that make up this pattern, and how does it indicate a potential reversal or continuation of a trend? Additionally, are there any specific market conditions or indicators that are often associated with the formation of a 123 pattern? I'd appreciate any insights you could provide.
