Oct 28, 2020 · Forex Stochastic 2B Indicator. Search for: October 28, 2020 80% of 2b's reach 0.61 fib expansion. at least 60% of them reach 100 fib expansion.so you take half of the profit at 0.61 and you put your stop at break eveb. now you have 0.3 of the initial stop as a profit. if it goes beyond that and you reach 100 then you exit fully and then you have another 0.5. total is 0.8. it is very important that after the first breakout bar you move your stop at 0.2-0.3 percent of the initial full stop. let's see examples. 2B for the first time pattern (excellent and very strong reversal trading technique) has been described in the book of Victor Sperandeo. pattern 2B apply as soon as the market price creates a new maximum or minimum, and then significant pullback. 2B, the pattern is also called « spring «, it reminds a little on the schedule letter M or W, and sends a signal about the possible spread upward or downward price trend, as soon as the price in the market ceases to form new, much higher highs or lows. I recommend selecting a Broker Forex with Terminal MetaTrader 4 2B pattern or 2B indicator – as Sperandeo calls it in his book – is a reversal formation consisting of two adjacent market highs/lows. On the price chart, the 2B pattern looks like the Double Top formation (or Double Bottom in a downtrend), and the trading principle resembles the Turtle Soup by Linda Raschke. The 2B pattern in an uptrend Forex Stochastic 2B Indicator. Search for: October 28, 2020 80% of 2b's reach 0.61 fib expansion. at least 60% of them reach 100 fib expansion.so you take half of the profit at 0.61 and you put your stop at break eveb. now you have 0.3 of the initial stop as a profit. if it goes beyond that and you reach 100 then you exit fully and then you have another 0.5. total is 0.8. it is very important that after the first breakout bar you move your stop at 0.2-0.3 percent of the initial full stop. let's see examples.
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