How Do I Predict Trend Reversal? - How to Predict Trend Reversal using Price Action
One can use price action patterns to predict a trend reversal.
The price action patterns used to predict a trend reversal are:
Traders also can use price action reversal candlesticks. Reversal candlesticks include:
- Doji
- Hammer Candle Trading Pattern and Hanging Man Candlestick Trading Pattern
- Inverted Hammer Candlestick Pattern and Shooting Star Candlestick Setup
- Piercing Line Candle Pattern & Dark Cloud Cover Candle Setup
- Morning Star Candle & Evening Star Candles
- Engulfing Candles Patterns
These reversal price action patterns and candles pattern are used to gauge the market trend momentum.
The reversal patterns can be considered as either bullish reversal patterns or bearish reversal patterns.