How Do You Trade Trend Reversals in Gold Trading?
How Do I Analyze Trend Reversals in XAUUSD Trading?
To determine if a trend has reversed traders will use reversal chart patterns & reversal candle-sticks patterns.
Once the trading reversal patterns & reversal candlesticks patterns form on the charts - traders will wait for these reversal patterns to be confirmed and once these trading reversal patterns are confirmed then the trend will be interpreted to have reversed.
If these reversal patterns are not confirmed then what it means is that current market trend is still intact & the prices may continue heading in same direction as that of current trend.
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Traders should wait until a reversal signal is completed to determine that the trend reversal signal has been completed - confirmed. Once the reversal signal is confirmed on the chart - traders can then open trade transactions based on this trend reversal setup.
Reversal Candle Sticks Patterns are:
Japanese Candlesticks
Reversal Patterns are:
XAUUSD Patterns Lessons
How Do I Read Trend Reversals in Gold Trading?
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