3 Bar Reversal Pattern strategy

3 Bar Reversal Pattern strategy

Great to trade the M.A.T. strategy or three bar reversal pattern. Measure-Apex-Trigger (three bars)

Find an establish trend either bearish or bullish.

This reverses trend into a new trend into other direction

Rules:

1st candle: Measure Bar- last trending candle before low of trend (apex candle)

2nd candle: Apex Bar (lowest bar in downtrend or highest bar in upper trend)- used to enter new trend going opposite direction

3rd candle: Trigger Bar- makes a new high into bullish trade or new low into bearish trade.

Use Apex bar (lowest candle) open for reversal trades going against established trend into new direction

Chart example is 1 hr on EurAud would have give you a 1:2 setup of risk/reward using right risk management during this bullish trade today.