Patterns of possible market correction or reversal 📊
Trend reversal or correction chart patterns signify a reversal of the current trend on the observed chart. In a bullish trend, a reversal formation indicates a highly probable reversal and initiation of a bearish movement.
In a bearish trend, a reversal patterns leaves bullish clues and indicates a highly probable bullish accumulation.
No matter bullish or bullish reversal pattern is spotted,
The trigger that we are looking for is a breakout of the pattern’s support/resistance.
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