Trading Predict Trend Reversal
One can use price action gold setups to predict a trend reversal.
The price action patterns used to predict a market trend reversal are:
Traders can also use price action reversal candlesticks. Reversal candle-sticks include:
- Doji
- Hammer Candlestick Pattern & Hanging Man Candlestick Pattern
- Inverted Hammer Candle-stick Pattern & Shooting Star Candlestick Pattern
- Piercing Line Candle-stick Pattern & Dark Cloud Cover Candlestick
- Morning Star Candles and Evening Star Candles
- Engulfing Candles Patterns
These reversal price action patterns and candlesticks pattern setup 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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