What is a Forex Trend Reversal? - Definition of Forex Trend Reversal and Meaning of Forex Trend Reversal
A forex trend reversal in forex trading is a change of direction of the current forex trend.
When an upward forex trend reverses the upward direction of the currency movement is stopped and FX trading prices then begin to consolidate or move in opposite direction.
When a downward forex trend reverses the downward direction of the currency movement is stopped and FX trading prices then begin to consolidate or move in opposite direction.
Forex Trend is the overall movement of the forex prices. Once the forex market starts to move in one general direction then prices will keep moving in that direction until when the trend is reversed.
A forex trend can be upward meaning prices generally close higher than where they opened or the trend can be downwards meaning price generally close lower than where they opened.
How to Trade Reversal Patterns - Forex Reversal Chart Patterns Lessons
To learn how to trade the forex reversal chart patterns trading setups use the above forex trading tutorials explaining examples of reversal chart patterns used in forex trading.
