Why make things complicated when they can be easy? In trading, a lot of people have a tendency to overcomplicate simple concepts. Sure, some of the concepts in trading are not the sort of things you would intuitively know. But many things actually are fairly easy; you just have to know what to look for.
Imagine a forex trading strategy where all you need to look at is the price itself, and you need it to fulfill 3 simple criteria. Meet the 1-2-3 pattern, sometimes also known as the A-B-C pattern.
The 1-2-3 pattern is indeed one of the simplest chart patterns you can trade, and I’m going to tell you what it consists of right now: a low, a higher high, and a higher low. That’s all there is to it! Sounds easy?