Golden Success for Beginners: 8 Powerful Reversal Patterns to Boost Your Trading Success👇
No matter where you are in your trading journey, this guide will help you upgrade your strategies. Let’s simplify these patterns for quick understanding:
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1️⃣ Head and shoulders:
What it means: Indicates a reversal from an upward (bullish) trend to a downward (bearish) trend.
How to spot it: Three peaks: The middle peak (the head) is longer, with two smaller peaks on each side (the shoulders). Look for the neckline to break.