Calculating Price Action - 1-2-3 Price Action Strategy

How to Calculate Price Action 1.2.3 Break-out Strategy

To calculate 1.2.3 price action strategy - use three chart points to determine the break out direction of a currency price.

The 1-2-3 price actions strategy method uses a peak and a trough, these price points forms point 1 and point 2,

If the price goes above the peak the trade signal is buy

If the price drops below the trough the trade signal is to sell.

The price break out of point 1 or point 2 forms the third point.

Calculating Price Action 1.2.3 Break-out Trading Example

Price Action 1-2-3 Method in Forex Trading

This price action 1-2-3 strategy uses pre-determined pattern - the 1-2-3 pattern that either develops as one price action pattern setup or series of price action setups.