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The 1-2-3 Technique

We have 3 kinds of 1, 2, 3: 123 for lines, 123 for confirmations, and 123 for entries. This technique helps traders identify potential trend reversals and continuations with a clear, structured approach.

123

Basic 1-2-3 Pattern (Sell)

Classic 1-2-3 sell pattern: High (1), pullback (2), lower high (3), followed by downtrend

Five Key Candlestick Patterns

Mastering candlestick patterns is essential for reading market sentiment and making timely trades. Below are five of the most powerful patterns you should know.

The Hammer

The Hammer

A bullish reversal pattern that forms during a downtrend. The long lower shadow signifies that sellers tried to push the price down, but buyers came in to close the session near the open.

Doji

Doji

Represents market indecision. The open and close prices are nearly identical, suggesting a balance between buyers and sellers. It can signal a potential reversal or a pause in the current trend.

Engulfing Patterns

Engulfing Patterns

A powerful two-candle reversal pattern. A Bullish Engulfing forms when a small bearish candle is followed by a large bullish candle. A Bearish Engulfing is the opposite.

Morning & Evening Stars

Morning & Evening Stars

Three-candle reversal patterns. The Morning Star is a bullish signal appearing at the bottom of a downtrend, while the Evening Star is a bearish signal at the top of an uptrend.

Dark Cloud Cover

Dark Cloud Cover

A bearish reversal pattern that appears in an uptrend. A long bullish candle is followed by a bearish candle that opens above the previous high but closes below its midpoint.

Spring & Upthrust

Spring & Upthrust

Spring: A bullish false breakdown: price dips below support, sweeps liquidity, then reverses upward.
Upthrust: A bearish false breakout: price pushes above resistance, traps buyers, then reverses downward.

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Types of Price Gaps

Gaps are sudden jumps in price with no trading in between. Learn the three main types:Breakaway Gaps (start of a new trend), Runaway Gaps (trend continuation), andExhaustion Gaps (potential reversals). Recognizing these helps in timing your entries and exits.

Breakaway Gap
ConsolidationGAPNew Trend

Signals the start of a new trend after consolidation.

Runaway Gap
GAPContinued Trend

Appears mid-trend, signaling strong continuation.

Exhaustion Gap
GAPTrend Reversal

Occurs at the end of a trend, signaling exhaustion and reversal.

Trend Structure: HH, HL, LL, LH

Understanding market structure is key for determining trend direction and potential reversal points.

Uptrend Structure
LLLHLHLH

Higher Highs (HH) + Higher Lows (HL) = Uptrend

Downtrend Structure
HHHLHLHL

Lower Lows (LL) + Lower Highs (LH) = Downtrend

Pro Tip: Always confirm the market structure before entering a trade. Look for at least two sets of highs and lows to establish the trend direction.

Price Patterns & Formations

Recognizing key price patterns can give you a significant edge. These formations appear regularly across markets and timeframes,providing valuable insights into potential future price movements and trading opportunities.

Price Spikes

Price Channels

Trading Ranges

Legs with Consistent Measurement

Identifying legs with the same measurement can reveal strong market structure. These equal-length moves indicate repeatable patterns, helping you project future price movements and set targets.

Pullbacks

Pullbacks are temporary retracements in an ongoing trend. They offer strategic entry points to join the prevailing move. Use Fibonacci retracement levels to identify the depth of pullbacks and gauge optimal entry levels.

We have 2 kinds of Pullbacks: a shallow pullback (quick, low-depth retracement) and a deep pullback (sweep of liquidity that often tests structure).

Pro Tip: Pullback Candle

Find a single rejection candle that closes back in trend — high-probability entry.

Pullback Candle
Shallow: 23–38% — momentum
Deep: 50–78% — look for wick rejection

Combining Strategies for a Winning Edge

No single indicator or pattern works in isolation. Integrate these techniques—price patterns, candlesticks, gap analysis, trend structure, and multi-time frame analysis—to build a robust trading strategy that maximizes your edge in the market.

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