I’m studying Al Brooks - Reading price charts bar by bar right now. On the way I’ve found High 2 long pattern, but no matter how hard I search for it in Google, I can not find clear description on how it works…
I hadn’t heard of this pattern either but Google shows an excerpt from his “Technical Analysis of Price Charts Bar by Bar for the Serious Trader”. He seems to suggest “high 2” is found from an ABC pattern, and is simply a breach of the high made at B. I think its just poor drafting, nobody else calls it this and it isn’t really a high. Just refer to the ABC pattern for clarity.