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1234 pattern and ABCD Alerts three inside up alert A 1-2-3-4 reversal chart pattern is build up of 4 definable points, known as point 1, 2 , 3 and 4. A typical 1-2-3-4 chart pattern is best traded after a strong currency pair up - or downtrend and can be defined by an easy set of trading rules. 1-2-3-4 Basic Rules for Short Trades Alert 1 Point (1): The high in an up trending currency market. Point (2): A downward