3 Bar Pullback Forex Chart Patterns Strategy
This is a strategy where it works on a 1 hour timeframe and higher and applicable to all currency pairs.
Forex Indicators:
- 3 bar pullback;
- Parbolic Sar (0.2, 0.05).
Long Entry:
- The signal buy green of the 3 bar pullback indicator is confirmed by dot of the Parabolic Sar below the bar.
Short Entry:
- The signal Sell red of the 3 bar pullback indicator is confirmed by dot of the Parabolic Sar above the the bar.
Exit Position:
- Place stop Loss on the supporte indicated by 3 bar pullbact (to see example).
- Profit target: ratio 1/3 Example if stop loss is 100 pips the PT is 130 pips.
Recommended MT4 Brokers
XM Broker
- Free $50 To Start Trading Instantly! (Withdraw-able Profit)
- Deposit Bonus up to $5,000
- Unlimited Loyalty Program
- Award Winning Forex Broker
- Additional Exclusive Bonuses Throughout The Year
>> Sign Up for XM Broker Account here <<
FBS Broker
- Trade 100 Bonus: Free $100 to kickstart your trading journey!
- 100% Deposit Bonus: Double your deposit up to $10,000 and trade with enhanced capital.
- Leverage up to 1:3000: Maximizing potential profits with one of the highest leverage options available.
- ‘Best Customer Service Broker Asia’ Award: Recognized excellence in customer support and service.
- Seasonal Promotions: Enjoy a variety of exclusive bonuses and promotional offers all year round.
>> Sign Up for FBS Broker Account here <<
Click here below to download: