Three Pushes
Part of Art of Chart Reading
Summary
Three Pushes is one of the more reliable chart patterns that work very well across almost all financial instruments. The pattern is easily recognizable and many of its formations can be computerized, making it one of the favorite price formations used by bots as part of their exit strategies.
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Comments
Great stuff, Lawrence. Thanks!
You are welcome.
Great explanation! Very detailed and clear. thanks
Thanks for this LC.
I realise I’m very late to the party – but LC can you comment on the scale of the 1-2-3 that officially ends the fourth push attempt?
In the original ES example (1-2-3 buy at 1315) there are many ‘candidate’ 1-2-3’s that happen before 1315 – why are they ignored? This goes, I suppose, for many of the 1-2-3 triggers that you’re using in the chart pattern explanations – the scale and shape of the trigger 1-2-3 isn’t clear.
Time. Prefer a reversal swing to have some significance.
i.e. swing visible on 5-min is better than swing only visible on 1-min but not on 5-min or higher timeframe.
Great post LC! ThanX
anyone interested in a variation of three pushes, email me @ spooz2@comcast.net
Tried to contact you via email with the following result.
Delivery to the following recipient failed permanently:
spooz2@comcast.net
I think he changed his ISP lately. Will ask him later today if he wants his mew email address posted.
Hey, are you still open to giving more variation of the three pushes? I am interested and would need your help in perfecting these pushes. Please respond when you have free time. Thanks
Wow great stuff.