Hey Traders so In my last video we discussed what are Fibonacci Retracements and how they can benefit you in your trading. Today I want to go over one of the most powerful chart formations in technical analysis called the 123 top and 123 bottom.
Hi Friend yes it sure does! You will see 123 formations on pretty much all timeframes. However I found that the longer time frames worked out the best for my style of trading. But yes if you use lower time frames you can definetly look for them.