Trade Forex Trading

How Do I Predict Forex Trend Reversal? - How to Predict Trend Reversal using Price Action

A trader can use price action forex patterns to predict a forex trend reversal.

The forex price action patterns used to predict a forex trend reversal are:

  1. Double Tops
  2. Double Bottoms
  3. Head and Shoulders Pattern
  4. Reverse Head & Shoulders Pattern

Forex traders can also use price action reversal candlesticks. Reversal forex candles include:

  1. Doji
  2. Hammer Candle Forex Trading Pattern and Hanging Man Candlestick Trading Pattern
  3. Inverted Hammer Candle Pattern & Shooting Star Candle Pattern
  4. Piercing Line Candle Pattern & Dark Cloud Cover Candle Pattern
  5. Morning Star Candles & Evening Star Candles
  6. Engulfing Candles Patterns

These reversal price action forex patterns and candlesticks pattern are used to gauge the market trend momentum.

The reversal patterns can be considered as either bullish reversal patterns or bearish reversal patterns.

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