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a look at Trader Vic's 2B pattern Speranden also known as Trader Vie, analyses ame af he Px af Profesional Specelusion written by Vicwor powerful tsp/borrem reversal wechmieues. Trader Vie de scribes dhis exchnique, “Te a asperend, if prices pemerrate tbe preci ous high, dave fait to carry ebvough wna immeciarely arop helo she previous high. che srend is ape so weserse.” "The converte is true for adowneend. ‘This pacer is also called “spring,” “The 26 sctup looks like a micro “M” paren and signals crend reversal when prices stop making bigher-highs in an uperend. The 2B mew Leow attern rule applies when prices make a new high or pey pull back for a healdhy reeracememt. After the re- tracement, the price tries to me-test che ‘new’ high or law. W'hen this rest of new high or new low fails and che markex docs not maimtain the prices above the new high or below the new how, it signals a potendal mend reversal. “This semup is very powerful and signals the beginning of a correction, “The 2B paccurns are widely visible in intraday sesups and for in- traday crades it if very valuable to spot the trend tops and ond bottoms. ‘Traders also can validate the cwo bottoms or owo sops pattems wich Volume ocownting at peaks oF troughs, Tf dhe vol- ume on the second peak or second boctom is Jess chan dhe prior swing, ic signals a divergence and porential 2/8 formacion Trader Vic's 2B Top Rules Markee isin ats uperend and makes a New High (20 br Hight The marker attempts a pullback (decent rewacement) for the next 5-8 bars. After dhe nesracement, price artemprs 00 cade above the New High and closes above New High. Marke dhs bar as the ‘Brcakour bat’ “There is no follow-through to close above the Breakour bar's High as prices dose below the low of the Breakout bar. ‘This campleres 24 Top’ pactern and signals a pocential short rade, Place a stop above the recent Siving- Fgh, “Target the Swing-Low prior 0 che New-High ‘New High Sell below if pry tracer vics.£8 wortom rules Prices antempe ro make a New-Low(20-bar Low. After Low formation, matket cries co pullback next 5-8 bat ddecenc etracement Again, the Market ties & cottoct original rend (down) dircccian and closes belaw che B Mark this bar as dhe ‘Breakdown bar.” There will be low through co clase belaw the Rreakedawn ar and pric: abows che Fligh of che Breakdown bar. Encst Lang ab High of she bar dosed above che ireakdown bars’ High, a STOP below the socene Swing: Low. Plhee a Target 0 Swing: High petor eo thy Neve Low 2B Buy Breakdown. Trader ‘The market artempes eo vest a recent new high but dees moe hold the prices above this range. ‘Trades ox untered go sal che low of che bar eying mm breskour or E high of the bar eying a breakelown, Target: ‘The target is usually che “swing lave” prior co ¢ high or ‘owing high’ prioro dhe mew low. Rar ein Ca {as Dacia tbe csho sme docked ede ha Bae Le Pac “ani pea wah cae agen od mores retire i2jea% Unmet paekreReGRON OS NPS ARCS

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