C1U_2S
▲ Bullish
Streaming Alert (Scanner)
2 Minute 1-2-3 Continuation Buy Setup Alert (C1U_2S)
Find stocks setting up a 1-2-3 continuation buy on the 2-minute chart in real time with Trade Ideas Streaming Alerts (Scanner). The 1-2-3 continuation buy pattern is a tall green bar, then a smaller bar that forms a mini double-top, then a break above bars 1 and 2. The setup alert fires when price is close to forming the pattern, before the formal signal.
Know when the pattern finishes.
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Streaming Alerts push each 2 Minute 1-2-3 Continuation Buy Setup alert on the print that triggers it.
How Trade Ideas finds it: by default, this alert will be triggered when the stock price is in proximity to forming the 1-2-3 continuation buy pattern on a 2 minute candlestick chart. See Trade Ideas plans and pricing to run it live.
How the 2 Minute 1-2-3 Continuation Buy Setup alert works
The 1-2-3 Continuation Buy Setup alerts are intricately tied to the 1-2-3 continuation buy signals, offering a nuanced perspective on stock price movements. Rather than waiting for the exact buy signal, we provide alerts when the stock price is in proximity to forming the 1-2-3 pattern.
Stocks exhibit varying degrees of volatility, and these setup alerts acknowledge that by detecting potential setups before the formal signal. In some instances, you may identify a setup long before the signal, while other times no signal may materialize. On occasions, the setup may align closely with the buy signal timing.
Formula
It's crucial to note that following the entry signal, stock prices can experience rapid movements. If you have confidence in the existing formula, the buy signal alerts are your direct route to immediate notification when a stock aligns with the 1-2-3 formula. However, for those who prefer a more comprehensive analysis by inspecting charts for additional criteria, the setup alerts provide advance notice. Upon receiving a setup alert, promptly bring up the chart to assess the evolving conditions before making informed trading decisions.
Default settings
By default, this alert will be triggered when the stock price is in proximity to forming the 1-2-3 continuation buy pattern on a 2 minute candlestick chart. To align with each alert, it's essential to utilize the corresponding time frame on the chart. For instance, this alert is visualized on the 2-minute candlestick chart.
What the alert shows you
Key point
The description column of this scan will display "1-2-3 continuation buy setup", providing you with a clear indication of the specific alert that has been triggered. The description also provides specific guidance on the optimal entry point for the trade and the recommended stop-loss level.
Related alerts
- 2 Minute 1-2-3 Continuation Sell Setup alert
- 5 Minute 1-2-3 Continuation Buy Setup alert
- 15 Minute 1-2-3 Continuation Buy Setup alert
- 60 Minute 1-2-3 Continuation Buy Setup alert
- 5 Minute 1-2-3 Continuation Sell Setup alert
- 15 Minute 1-2-3 Continuation Sell Setup alert
- 60 Minute 1-2-3 Continuation Sell Setup alert
Filters to pair with the 2 Minute 1-2-3 Continuation Buy Setup alert
Categories
FAQ
Find stocks forming a 1-2-3 continuation buy on the 2 minute chart?
Turn on the 2 Minute 1-2-3 Continuation Buy Setup alert (C1U_2S) in Trade Ideas Streaming Alerts. By default, this alert will be triggered when the stock price is in proximity to forming the 1-2-3 continuation buy pattern on a 2 minute candlestick chart.
What is the 2 Minute 1-2-3 Continuation Buy Setup alert?
The 1-2-3 continuation buy pattern is a tall green bar, then a smaller bar that forms a mini double-top, then a break above bars 1 and 2. The setup alert fires when price is close to forming the pattern, before the formal signal.