DGE

Hi whileyd
The measuring point is ,take the high point of 1 and the low point of 2 and project it from the breakout point.
That's how I generate a target for a 123 low.
Other ways is to target a strong resistance area. For profit taking.


demo.chartsview.co.uk/learning/123-Low.html

Above explains it as well.

Remo

Yeah, this looks real good for a break of 2011 - very similar to the TCY set-up two weeks ago with the 123-low breakout and trendline close together.

Should target somewhere near the 2160p high hopefully.

Tips are doing fantastic at the moment remo - keep up the great work!