DislikedBut whenever 123 forms, it looks always reversal just like Paulus doing?Ignored
In the image I have posted the first 123 is a reversal, (price had been moving up previously), but then if you substitute all the 3 threes for ones....then there are 123s all the way down.
(I have not written in numbers but all the blue dots could be either 1's or 3's)
Paulus trades ONLY reversals, (and he does so very successfully), after a short he will be looking for a 1 to go long
He says that the first reversal has the highest probability to move, and we never know if the 123s on the way down (or up) are going to move enough to give us profit
It is up to you how you trade.
PGPB