Price attempts to return to its previous extreme (a lower high in an uptrend, or a higher low in a downtrend) but fails.
A test of the previous high or low (a failure to make a new high/low). 3: The breaking of the previous local high/low. 2. The 2B Pattern (The "Spring") Price attempts to return to its previous extreme
Sperandeo’s technical toolkit focuses heavily on identifying precise trend endings and beginnings. He formalizes this through highly mechanical setups. The 1-2-3 Trend Reversal Strategy The 1-2-3 Trend Reversal Strategy Often called the
Often called the most powerful reversal technique in the book, the occurs when price penetrates a previous high or low but immediately fails to hold that level. Trader Vic remains an essential
Methods of a Wall Street Master contains numerous historical charts, mathematical tables, and structural diagrams illustrating trendline breaks and risk-reward ratios. When reading low-resolution scans, these crucial visual aids often become blurry or unreadable.
Whether you are reading a pristine 1991 hardcover or a high-quality digital scan, the lessons within these pages are timeless. As Sperandeo himself says, "If you know what the trend is, and if you know when it is most likely to change, then you really have all the knowledge you need to make money in the markets". For anyone looking to elevate their trading from gambling to professional speculation, Trader Vic remains an essential, top-tier resource.