3 Pushes to End a Trend

The 3 push pattern is a very high probability end of trend pattern. I like it most when it occurs at HOD and LOD, that way we know that bulls or bears are exhausted on the 3rd push to set news highs or lows and the ones that trade the 3rd breakout are trapped.

Here is a live example from today's price action:

You never want to assume that a 3rd push is going to happen. The main use of the 3rd push pattern is utilizing the concept of strategic stop placement. After the 3rd push your directional bias changes and the 3rd push is used as your stop placement area since a break of the 3rd push level would invalidated the trade.