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ABC Pattern or the 123 chart pattern:The 123 pattern is areversal chart pattern which occurs very frequently and has a veryhigh success ratio. 123’soccur at the end of trends and swings, and they are an indication ofa change in trend. They can also be found within a trading range, andthey take place when the directional momentum of a trend isdiminishing.
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A Warning. Sometimes, I get it wrong. My very first review was a company named Christian Financial Radio Network. I recorded a ton of video, took their trades on a simulator, had some good success, and then eventually wrote a nice review. This review pushed a lot of traffic to CFRN.
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