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 candlesticks include:
- Doji
- Hammer Candle Pattern and Hanging Man Candle Pattern
- Inverted Hammer Candle-stick Pattern & Shooting Star Candle Pattern
- Piercing Line Candle-stick Pattern and Dark Cloud Cover Candle
- Morning Star Candles and Evening Star Candles
- Engulfing Candlesticks Patterns
These reversal price action patterns and candlesticks pattern setup formation 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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