What Are Reversal Patterns & How To Trade With Them

Reversal Patterns

The Reversal patterns suggest that the ongoing trend is about to change its course. These patterns can appear in an uptrend and downtrend. What are the Reversal patterns? The Reversal patterns describe the change in trend by moving against the current direction. The trend pauses for a while and then heads in the opposite direction. These patterns identify that either bulls or bears are losing the battle. For example, in an uptrend, the bulls are in control, but after the appearance of Reversal patterns, bulls lose the battle to the bears, and the market goes downward. The Reversal patterns are …READ MORE