how to easily identify 2b reversal forex price action patterns

Trader Vic - Victor Sperandeo named this forex chart pattern the 2b reversal. It was this forex chart pattern that convinced me of the reliability and precision of price action and candlestick analysis.

Comments

1. thank yu
2. Hi Fridaus,
   Glad to hear from you .
   Presently the 2b pattern is not my trade . BUT I do like watching the pattern !!!
   Perhaps by just using the 2b and the 123 like he showed on the video and that was really good , then he instituted the drilling down from higher to lower time frames , one may have enough to just trade those ways.
   The hands on price action alone style is very deep.
   Still not sure if it is for all.
   Monthly , weekly and daily etc. pivots maybe very good for some traders.
   Lucky are those who are taught one way or so by a master and then just do it , with the rules etc.
   Just like training for a job at a time and working.
   Perhaps easier said then done.
   All the best keep in touch .
3. Hi
   Great video ! Your ability to make such a great trade out of this must have taken
   a considerable amount of time . Also, your interest in using the different
   time frames to zero in on the trade that suites your style or styles, great.
   But,
   i do realize that even with watching , re watching and etc. of your videos on the 2B
   when i approach it on my own , will take time .
   I think the hardest part is the commitment to understanding the larger time frame that
   one is using for the trend.
   Then the next is getting familiar with ones feel for the pattern to trade from and the
   distance that subjectively represents the pattern at times , and then getting
   use to drawing and re drawing the S/R lines etc.
   Still, very creative process you have shared and i feel like price action is a great visual
   skill to really learn . More hands on then just relying on indicators , just a candle pattern
   ala Engulfing etc. all of which are good as well.
   But , i can again see the creativity being substantiated by price pattern 2B.
   Going to see if i can dig deep and find the 2B daily, 4h , 1h and 15 min on my charts .
   Also, now am curious about your favorite pattern that you are talking about ?
   All the best and again thanks.
   sj
4. Hi ,
   
   Thanks for taking the time to share this .
   Let me work on it and then perhaps i can let you know how i am doing .
   
   Again,
   
   Thanks