Disliked...i've been trading 123s for a while and i've taken this EU 5M short (and EJ), however, I think Paulus would say that these do not qualify as there are not 2 candles between 1 and 2...i may be wrong but that's my understanding...Paulus?
edit: in fact EJ (5M) has just printed a confirmed 123 short based on Paulus' definition...and is now on the approach to the test/break of swing 2.Ignored
would you please check for EU currency PA already move down from 04.11.2010 the 1st down candle is around 750 pips going down ...... now we will see the pullback from the harder support 1.3 before continue down the testing of the resistance is around point 1.32xx
enclosure the 15mtf chart the good set up of 123 is better look on the 250 level or 500 level ....
cheers