Trader Vic's 2B Pattern

Candlestick 1 is a bullish engulfing candlestick that breaks above the prior uptrend's high.

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Candlestick 2: A bearish candlestick that closes below the open of candlestick-1.

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Candlestick 3: A bearish candlestick that closes below the close of candlestick-2

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The 2B pattern is considered to be a high-probability reversal pattern.

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The entry point for a short trade is the close of candlestick-3.

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The stop-loss order should be placed above the high of candlestick-1.

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The profit target should be set at the prior low of the uptrend.

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The 2B pattern is most effective when it occurs on a daily chart.

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The 2B pattern can also be used to identify potential trading opportunities on shorter-term charts.

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It is important to use risk management techniques when trading the 2B pattern.

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The 2B pattern is a powerful tool that can be used to identify potential trading opportunities in the forex market.

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Trader Vic's 2B Pattern - The 2b pattern is a bearish reversal pattern that occurs in an uptrend.

Candlestick 1 is a bullish engulfing candlestick that breaks above the prior uptrend's high.

Candlestick 1 is a bullish engulfing candlestick that breaks above the prior uptrend's high.

The Pattern Consists of Three Candlesticks

The Pattern Consists of Three Candlesticks

Candlestick 2: A bearish candlestick that closes below the open of candlestick-1.

Candlestick 2: A bearish candlestick that closes below the open of candlestick-1.

The Pattern Consists of Three Candlesticks

The Pattern Consists of Three Candlesticks

Candlestick 3: A bearish candlestick that closes below the close of candlestick-2

Candlestick 3: A bearish candlestick that closes below the close of candlestick-2

The Pattern Consists of Three Candlesticks

The Pattern Consists of Three Candlesticks

The 2B pattern is considered to be a high-probability reversal pattern.

The 2B pattern is considered to be a high-probability reversal pattern.

Trader Vic's 2B Pattern

The entry point for a short trade is the close of candlestick-3.

The entry point for a short trade is the close of candlestick-3.

Trader Vic's 2B Pattern

Trader Vic's 2B Pattern

The stop-loss order should be placed above the high of candlestick-1.

The stop-loss order should be placed above the high of candlestick-1.

Trader Vic's 2B Pattern

Trader Vic's 2B Pattern

The profit target should be set at the prior low of the uptrend.

The profit target should be set at the prior low of the uptrend.

Trader Vic's 2B Pattern

Trader Vic's 2B Pattern

The 2B pattern is most effective when it occurs on a daily chart.

The 2B pattern is most effective when it occurs on a daily chart.

Trader Vic's 2B Pattern

Trader Vic's 2B Pattern

The 2B pattern can also be used to identify potential trading opportunities on shorter-term charts.

The 2B pattern can also be used to identify potential trading opportunities on shorter-term charts.

Trader Vic's 2B Pattern

Trader Vic's 2B Pattern

It is important to use risk management techniques when trading the 2B pattern.

It is important to use risk management techniques when trading the 2B pattern.

Trader Vic's 2B Pattern

Trader Vic's 2B Pattern

The 2B pattern is a powerful tool that can be used to identify potential trading opportunities in the forex market.

The 2B pattern is a powerful tool that can be used to identify potential trading opportunities in the forex market.

Trader Vic's 2B Pattern

Trader Vic's 2B Pattern