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ES 1-2-3-4 Poss 5 pt Move

Lets see if we make it.

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Hi Ninja,

I just found this site and have been reading your posts. Very nice work, and thank you for posting. Could you please clarify some abbreviations, such as RB? Also, I see the 1-2-3-4 drawn out -- is there a link you could point me and other readers that describes the guidelines for for constructing the pattern?

Thanks again.


My appologies for the measure error in prior post! Im open to any/all observations you may have found regarding these pullback formations.

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Check out my Trading Methodologies Ref post. This will give you some insights hopefully. The 1-2-3-4s are a formation unique to me apparently as Ive not had much response from others. This was just something I kept noticing.
Im thinking the lower/higher Pt 4 (vs Pt 2) also tends to maybe trigger some stops, clearly the way for further trend movement. Just my thinking. Anyway, thanks for your interest. :-)
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