There are plenty of trading strategies that are extremely popular not only among new traders but also among the really skilled and experienced professionals.
However, only one strategy can be said to have conquered the entire trading world due to its simplicity and high efficiency.
The strategy is really very simple. The whole principle is that traders wait for the formation of three consecutive tops and if the price after the formation of the third top reaches the level of the top of the second one again, then the trading positions are entered. For a better understanding, see the following examples
Practical examples of trading with the "one, two, three strategy"
In the chart below you can see a trading session in the form of long entries with the "one, two, three" strategy.
An important part to keep in mind is to identify the long-term trend and trade in accordance with it (cf. The green line - determined by using higher timeframes than those on which entries are made). Trading in line with the long-term trend increases the final success rate of the strategy and therefore traders should never forget about it.
The next chart shows a session in which the strategy is used for shorting. Analogously, here the entries are implemented with the same procedure, but in the opposite direction to that of the previous demonstration.