How Do You Predict Trend Reversal Signal?

How Do You Predict Trend Reversal Signal?

One can use price action patterns to predict a trend reversal.

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

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

Traders also can use price action reversal candlesticks patterns. Reversal candlesticks include:

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

These reversal price action patterns and candles pattern are used to gauge the trend momentum.

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

How Do You Predict Trend Reversal Signal?