Start of a new movement and trend end indicators are trend reversal patterns. As the price gets the maximum value in the existing trend trend reversal patterns are formed. The main feature of trend reversal patterns is that they provide information both on the possible change in the trend and the probable value of price movement.These patterns serve to indicate that the ongoing trend is about to change the course. On the other hand a reversal chart formed during a downtrend indicates that the price will go up.
Trend Reversal Patterns Ebook
Trend Reversal Patterns
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