Now, this doesn’t guarantee the market will collapse lower. When the bullish candles are getting smaller, it’s telling you the buying pressure is getting weak, or there is equal selling pressure coming in. The trending move (in a healthy uptrend) usually has more bullish than bearish candles the bullish candles are relatively larger than the bearish ones, and the bullish candles closing near the highs How to identify trend reversal - identify weakness in the trending moveįirst, let me define what a trending move is…Ī trending move is the “stronger” leg of a trend and it trades in the same direction of it (that’s why I call it trending move). How to identify high probability trend reversal.How to tell where the markets will possibly reverse from (with heightened accuracy).
0 Comments
Leave a Reply. |