a good illustration to determine trend change using 1min or 5min charts...
also found this website which has some good illustrations in video clip format:
http://www.trading-strategies.info/node/17
will add more to our 1-2-3 setup later
(please note that the numbers in the above chart do not represent 1-2-3 setup.....
the green lines in the lower charts denote the 1-2-3 chart pattern formation
ie 1-2-3 means
1 = break of long holding support/resistance level
2 = retest of that level (possible goodbye kiss)
3 = reversal flow in direction of break)